Global Metals, Mining & Steel Conference Presentation
RESERVE AND RESOURCE LIFE
■Reserve Life
☐ Project in study phase
Resource Life Exploration potential
Southern Areas
exploration
potential
67 98
Planeta Rica
exploration
potential
30
Cannington
open pit life
extension
22
19
project
17
13
13
12
9
6
Wessels
Australia
Manganese
South Africa
Manganese
Cerro
Matoso
Cannington²
Notes:
43
Dendrobium
next domain
Illawarra
Metallurgical
Coal³
34
Khutala life
extension project
West Marradong
mining area
exploration
9
91
Klipspruit life
extension
24
project
13
South Africa
Energy Coal4
34
15
ΞΙΙΙ
ΙΙΙΞ
SOUTH 32
53
Bauxite
extension
project
+
29
Worsley
Alumina
Brazil
Alumina
1. Resource and Reserve Life calculations are based on the previously disclosed FY16 Annual Resource and Reserve Statement (pg. 73-84 of the South32 Annual Report 2016) which has been prepared by Competent Persons in accordance with the requirements of the
JORC Code (2012). Resource conversion factors and run-of-mine production assumptions are shown in slide 2 - Important Notices.
2.
3.
Cannington underground Reserve life is 6.5 years based on the nominal production rate. Open cut Resource life of 5 years is estimated at a resource to reserve conversion rate of 0.8.
Dendrobium next domain project is based on exploration target. The potential quantity and grade is conceptual in nature, there has been insufficient exploration to determine a mineral resource and there is no certainty that further exploration work will result in the
determination of mineral resources. Appin colliery Reserve and Resource refers to Bulli coal seam, Dendrobium colliery Reserve and Resource refers to Wongawilli coal seam.
Khutala Coal Resource life is inclusive of undeveloped domains; Klipspruit Coal Resource life do not include Weltevreden Resources.
4.
16 MAY 2017
BANK OF AMERICA MERRILL LYNCH
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GLOBAL METALS, MINING & STEEL CONFERENCE
SLIDE 7View entire presentation