Acquisition of Khoemacau

Map of expansion operations Map of expansion operations N Grid substation 11 National Grid Haka wellfield Legend 10 Transmission Line Haka Pipeline Access Road Mining Lease Haka pipeline Road Highway Overview of expansion operations Mining 1 Zone 5 mine expanded from 3.65Mtpa to 4.5Mtpa (three declines) New mines at Zone 5 North, Zeta North-East, and Mango, replicating twin decline system proven at Zone 5 to add 3.65Mtpa Deposits are open at depth, unlocking extension options 234 Access road Boseto 10 wellfield Boseto processing plant 5 26 26 0 KM 5 6 TSF 132kv Transmission line 9 Haulage road 4 Zeta NE Zone 5N Workshop & accommodation 8 Processing Plant 6 7 Mango 1 TSF Zone 5 U/G Existing infrastructure Expansion infrastructure Processing 56 Infrastructure 9 Concentrate Existing Boseto plant will switch to treating the expansion deposits New 4.5Mtpa processing plant dedicated to processing Zone 5 ores Expansion deposits show similar metallurgy to Zone 5 New tailings storage facility constructed in close proximity to the new processing plant Ore to Boseto hauled via existing sealed roads with existing infrastructure able to deliver the expansion 10 Multiple water sources from Boseto and Haka wellfields, with mine dewatering meeting expansion requirements 11 Powerline to grid is sized to accommodate the expansion with further capacity via future solar power plant Testwork has demonstrated concentrate quality will be similar to that from Zone 5, which is successfully sold on competitive terms M MMG

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