Monthly Business Report - August 2016

Monthly Business Report
August 2016

1 North Shaft Monthly BME
Budget Actual Diff % Diff Budget Actual Diff % Diff Budget O/L (8+4) Diff % Diff
1 Face Length Worked m 1,722 1,968 246 14.3% 5,108 5,749 641 12.5% 13,434 13,985 552 4.1%
2 x Face Advance m 14.2 13.0 (1.2) (8.5%) 14.1 12.6 (1.5) (10.9%) 13.8 12.1 (1.8) (12.9%)
3 = m² Broken m² 24,407 25,523 1,116 4.6% 72,015 72,181 167 0.2% 186,021 168,755 (17,266) (9.3%)
4 x Stope Tramming Width m 1.22 1.29 0.06 5.0% 1.23 1.26 0.04 3.2% 1.23 1.25 0.03 2.1%
5 x Density t/m³ 3.48 3.64 0.17 4.8% 3.48 3.59 0.11 3.3% 3.47 3.65 0.18 5.2%
6 = Tonnes Broken from Stopes tonnes 103,952 119,539 15,587 15.0% 306,722 327,527 20,804 6.8% 792,319 771,875 (20,443) (2.6%)
7 x 4E Stope Broken Grade g/t 5.00 5.10 0.10 1.9% 5.12 3.54 (1.58) (30.9%) 5.38 5.21 (0.18) (3.3%)
8 = 4E Ounces Broken from Stopes oz 16,713 19,587 2,874 16.3% 50,478 37,251 (13,227) (24.9%) 137,096 129,204 (7,892) (5.5%)
9 + 4E Oz Broken from Development oz 274 245 (29) (0.2%) 823 703 (119) (0.2%) 2,216 1,182 (1,034) (0.7%)
10 - 4E Ounces Packed Underground (Scalping) 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
11 + 4E Ounces from Historic Sweeping & Vampings oz 610 884 274 1.6% 1,824 1,580 (244) (0.5%) 4,661 2,377 (2,284) (1.6%)
12 ± 4E Ounces from U/G and Surface Inventory Movement oz 0 (1,893) (1,893) (10.8%) 0 (36) (36) (0.1%) 0 4,951 4,951 3.4%
13 + 4E Ounces from Opencast Mining oz 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
14 + 4E Ounces from Other Surface Sources (Sifted) oz 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
15 = 4E Ounces Delivered to Concentrator Stockpiles (Mining) oz 17,597 18,823 1,226 7.0% 53,125 39,498 (13,627) (25.7%) 143,974 137,714 (6,259) (4.3%)
16 x MCF % 94.2% 94.0% (0.2%) (0.2%) 92.2% 132.2% 40.0% 43.4% 88.0% 88.8% 0.8% 0.9%
17 = 4E Ounces Received at Concentrator Stockpiles (Process) oz 16,582 17,699 1,117 6.7% 48,985 52,225 3,240 6.6% 126,663 122,232 (4,432) (3.5%)
18 ± 4E Ounces from Concentrator Stocks Movement oz 0 133 133 0.8% 0 (496) (496) (1.0%) 0 (2,180) (2,180) (1.7%)
19 = 4E Ounces in Mill Feed oz 16,582 17,832 1,250 7.5% 48,985 51,729 2,744 5.6% 126,663 120,051 (6,612) (5.2%)
20 x 4E Concentrator Recovery % 87.0% 86.6% (0.4%) (0.5%) 87.0% 86.5% (0.5%) (0.5%) 87.0% 85.6% (1.3%) (1.5%)
21 = 4E Ounces in Concentrates (M&C) oz 14,425 15,441 1,016 7.0% 42,612 44,754 2,142 5.0% 110,183 102,816 (7,367) (6.7%)
22 x 4E Equivalent Refined Recovery % 98.5% 98.5% 0.0% 0.0% 98.5% 98.5% 0.0% 0.0% 98.5% 98.5% 0.0% 0.0%
23 = Equivalent Refined 4E Ounces oz 14,208 15,209 1,001 7.0% 41,972 44,083 2,110 5.0% 108,530 101,274 (7,256) (6.7%)
24 Working Cost Reef metres m 360 428 68 18.9% 1,080 1,198 118 10.9% 2,880 2,572 (308) (10.7%)
25 + Working Cost Waste metres m 270 241 (29) (12.7%) 810 758 (52) (7.4%) 2,160 1,708 (452) (4.4%)
26 = Total Working Cost metres m 630 669 39 6.2% 1,890 1,956 66 3.5% 5,040 4,280 (760) (15.1%)
27 + SIBC Capital metres (Infrastructure) m 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
28 + SIBC Capital metres (ORD) m 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
29 + Project Capital metres (Incl. Shaft Sinking) m 0 5 5 0.8% 0 5 5 0.3% 0 5 5 0.1%
30 = Total Development metres m 630 674 44 7.0% 1,890 1,961 71 3.8% 5,040 4,285 (755) (15.0%)
31 Drop Raise metres m 0 10 10 100.0% 0 25 25 100.0% 0 94 94 100.0%
32 Tonnes Broken from Stopes & Development tonnes 108,677 122,578 13,901 12.4% 320,897 338,403 17,506 5.3% 830,119 788,524 (41,595) (4.9%)
33 + Historic Sweeping & Vampings tonnes tonnes 3,163 4,572 1,409 1.3% 9,457 8,222 (1,234) (0.4%) 24,163 13,803 (10,360) (1.2%)
34 + Waste Tonnes from Development Trammed to Reef tonnes 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
35 = Tonnes available for hoisting tonnes 111,840 127,150 15,310 13.7% 330,354 346,625 16,271 4.9% 854,282 802,327 (51,955) (6.1%)
36 ± U/G Inventory Movement tonnes 0 (11,703) (11,703) (10.5%) 0 (323) (323) (0.1%) 0 29,940 29,940 3.5%
37 = Tonnes Hoisted tonnes 111,840 115,447 3,607 3.2% 330,354 346,302 15,948 4.8% 854,282 832,267 (22,015) (2.6%)
38 ± Surface Inventory Movement (Shaft) tonnes 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
39 + Tonnes from Opencast Mining tonnes 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
40 + Tonnes from Other Surface Sources (Sifted) tonnes 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
41 = Tonnes Delivered to Concentrator (Mining) tonnes 111,840 115,447 3,607 3.2% 330,354 346,302 15,948 4.8% 854,282 832,267 (22,015) (2.6%)
42 ± Unexplained Discrepancy tonnes 0 0 0 0.0% 0 0 0 0.0% 0 0 0 0.0%
43 = Tonnes Received at Concentrator (Process) tonnes 111,840 115,447 3,607 3.2% 330,354 346,302 15,948 4.8% 854,282 832,267 (22,015) (2.6%)
44 ± Concentrator Stocks Movement tonnes 0 869 869 0.8% 0 (3,286) (3,286) (1.0%) 0 (14,846) (14,846) (1.7%)
45 = Tonnes Milled tonnes 111,840 116,316 4,476 4.0% 330,354 343,016 12,662 3.8% 854,282 817,421 (36,861) (4.3%)
46 4E Broken Grade (Stopes & Development) g/t 4.86 5.03 0.17 3.5% 4.97 3.49 (1.48) (29.8%) 5.22 5.14 (0.08) (1.5%)
48 4E Grade in Ore Delivered (Before MCF) (Survey C alled) g/t 4.89 5.07 0.18 3.6% 5.00 3.55 (1.45) (29.1%) 5.24 5.15 (0.10) (1.8%)
49 4E Mill Head Grade (Built-up) g/t 4.61 4.77 0.16 3.4% 4.61 4.69 0.08 1.7% 4.61 4.57 (0.04) (0.9%)
50 Pt % (Equivalent Refined) % 45.9% 45.1% (0.8%) (1.8%) 45.9% 45.4% (0.5%) (1.1%) 45.9% 45.3% (0.7%) (1.5%)
51 Pt Ounces Delivered to Concentrator Stockpiles (Mining) oz 7,452 7,986 533 7.2% 22,057 23,693 1,636 7.4% 57,569 55,173 (2,396) (4.2%)
52 Equivalent Refined Pt Ounces oz 6,526 6,862 336 5.2% 19,278 20,015 737 3.8% 49,848 45,832 (4,016) (8.1%)
Pt Information (Ounces)
Grade
Anglo Platinum - Own Mining Division
Modikwa North Total Schedule A: TOTAL MINE Actual vs. Budget Month: August
COMBINED REEF Aug Act Q3 TD YTD
BME Lite
BME
BDE - Development
BTE - Tonnages
Confidential Page 2 of 16

Budget O/L (8+4) Diff % Diff Budget O/L (8+4) Diff % Diff Budget O/L (8+4) Diff % Diff
1 Face Length Worked m 13,434 13,739 305 2.3% 5,108 5,749 641 12.5% 19,919 21,069 1,150 5.8%
2 x Face Advance m 13.8 11.8 (2.0) (14.6%) 14.1 12.6 (1.5) (10.9%) 13.9 12.3 (1.6) (11.4%)
3 = m² Broken m² 186,021 162,497 (23,523) (12.6%) 72,015 72,181 167 0.2% 276,405 259,139 (17,266) (6.2%)
5 x Density t/m³ 3.47 3.62 0.15 4.3% 3.48 3.59 0.11 3.3% 3.47 3.59 0.12 3.4%
6 = Tonnes Broken from Stopes tonnes 792,319 728,753 (63,565) (8.0%) 306,722 327,527 20,804 6.8% 1,177,304 1,156,861 (20,443) (1.7%)
7 x 4E Stope Broken Grade g/t 5.38 4.68 (0.70) (13.1%) 5.12 3.54 (1.58) (30.9%) 5.46 3.47 (1.98) (36.3%)
8 = 4E Ounces Broken from Stopes oz 137,096 109,617 (27,479) (19.1%) 50,478 37,251 (13,227) (24.9%) 206,562 129,205 (77,357) (35.7%)
9 + 4E Oz Broken from Development oz 2,216 1,239 (976) (0.7%) 823 703 (119) (0.2%) 3,323 2,307 (1,015) (0.5%)
11 + 4E Ounces from Historic Sweeping & Vampings oz 4,661 1,813 (2,848) (2.0%) 1,824 1,580 (244) (0.5%) 6,945 4,660 (2,284) (1.1%)
12 ± 4E Ounces from U/G and Surface Inventory Movement oz 0 6,940 6,940 4.8% 0 (36) (36) (0.1%) 0 3,303 3,303 1.5%
15 = 4E Ounces Delivered to Concentrator Stockpiles (Mining) oz 143,974 119,611 (24,363) (16.9%) 53,125 39,498 (13,627) (25.7%) 216,829 139,475 (77,354) (35.7%)
16 x MCF % 88.0% 94.6% 6.6% 7.5% 92.2% 132.2% 40.0% 43.4% 86.7% 131.4% 44.8% 51.7%
17 = 4E Ounces Received at Concentrator Stockpiles (Process) oz 126,663 113,125 (13,539) (10.7%) 48,985 52,225 3,240 6.6% 187,913 183,319 (4,594) (2.4%)
18 ± 4E Ounces from Concentrator Stocks Movement oz 0 (2,213) (2,213) (1.7%) 0 (496) (496) (1.0%) 0 (2,181) (2,181) (1.2%)
19 = 4E Ounces in Mill Feed oz 126,663 110,912 (15,752) (12.4%) 48,985 51,729 2,744 5.6% 187,913 181,138 (6,775) (3.6%)
20 x 4E Concentrator Recovery % 87.0% 88.3% 1.3% 1.5% 87.0% 86.5% (0.5%) (0.5%) 87.0% 86.1% (0.9%) (1.0%)
21 = 4E Ounces in Concentrates (M&C) oz 110,183 97,925 (12,258) (11.1%) 42,612 44,754 2,142 5.0% 163,464 155,962 (7,502) (4.6%)
23 = Equivalent Refined 4E Ounces oz 108,530 96,456 (12,074) (11.1%) 41,972 44,083 2,110 5.0% 161,012 153,623 (7,389) (4.6%)
24 Working Cost Reef metres m 2,880 2,408 (472) (16.4%) 1,080 1,198 118 10.9% 4,320 3,992 (328) (7.6%)
25 + Working Cost Waste metres m 2,160 1,838 (322) 0.6% 810 758 (52) (7.4%) 3,240 2,773 (467) (2.9%)
26 = Total Working Cost metres m 5,040 4,246 (794) (15.8%) 1,890 1,956 66 3.5% 7,560 6,766 (794) (10.5%)
29 + Project Capital metres (Incl. Shaft Sinking) m 0 0 0 0.0% 0 5 5 0.3% 0 275 275 0.4%
30 = Total Development metres m 5,040 4,285 (755) (15.0%) 1,890 1,961 71 3.8% 7,830 7,040 (790) (10.1%)
31 Drop Raise metres m 0 84 84 100.0% 0 25 25 100.0% 0 94 94 100.0%
32 Tonnes Broken from Stopes & Development tonnes 830,119 745,728 (84,390) (9.9%) 320,897 338,403 17,506 5.3% 1,234,004 1,192,153 (41,851) (3.3%)
33 + Historic Sweeping & Vampings tonnes tonnes 24,163 10,892 (13,271) (1.6%) 9,457 8,222 (1,234) (0.4%) 36,000 25,640 (10,360) (0.8%)
35 = Tonnes available for hoisting tonnes 854,282 756,620 (97,662) (11.4%) 330,354 346,625 16,271 4.9% 1,270,004 1,217,793 (52,211) (4.1%)
36 ± U/G Inventory Movement tonnes 0 46,688 46,688 5.5% 0 (323) (323) (0.1%) 0 29,940 29,940 2.4%
37 = Tonnes Hoisted tonnes 854,282 803,308 (50,974) (6.0%) 330,354 346,302 15,948 4.8% 1,270,004 1,247,733 (22,271) (1.8%)
41 = Tonnes Delivered to Concentrator (Mining) tonnes 854,282 803,308 (50,974) (6.0%) 330,354 346,302 15,948 4.8% 1,270,004 1,247,733 (22,271) (1.8%)
43 = Tonnes Received at Concentrator (Process) tonnes 854,282 803,308 (50,974) (6.0%) 330,354 346,302 15,948 4.8% 1,270,004 1,247,733 (22,271) (1.8%)
44 ± Concentrator Stocks Movement tonnes 0 (15,716) (15,716) (1.8%) 0 (3,286) (3,286) (1.0%) 0 (14,846) (14,846) (1.2%)
45 = Tonnes Milled tonnes 854,282 787,592 (66,689) (7.8%) 330,354 343,016 12,662 3.8% 1,270,004 1,232,887 (37,118) (2.9%)
46 4E Broken Grade (Stopes & Development) g/t 5.22 4.62 (0.60) (11.4%) 4.97 3.49 (1.48) (29.8%) 5.29 3.43 (1.86) (35.1%)
48 4E Grade in Ore Delivered (Before MCF) (Survey C alled) g/t 5.24 4.63 (0.61) (11.7%) 5.00 3.55 (1.45) (29.1%) 5.31 3.48 (1.83) (34.5%)
49 4E Mill Head Grade (Built-up) g/t 4.61 4.38 (0.23) (5.0%) 4.61 4.69 0.08 1.7% 4.60 4.57 (0.03) (0.7%)
50 Pt % (Equivalent Refined) % 45.9% 45.3% (0.6%) (1.3%) 45.9% 45.4% (0.5%) (1.1%) 45.9% 45.5% (0.4%) (1.0%)
51 Pt Ounces Delivered to Concentrator Stockpiles (Mining) oz 57,569 53,444 (4,125) (7.2%) 22,057 23,693 1,636 7.4% 85,565 83,151 (2,413) (2.8%)
52 Equivalent Refined Pt Ounces oz 49,848 43,717 (6,132) (12.3%) 19,278 20,015 737 3.8% 73,953 69,873 (4,080) (5.5%)
Month: August
COMBINED REEF Aug O/L 8+4 Q3 O/L 8+4 16 FY O/L 8+4
BME Lite
Modikwa North Total Schedule B: TOTAL MINE Outlook vs. Budget
BME
BDE - Development
BTE - Tonnages
Grade

Actual'15 Actual'16 Diff % Diff Q2 Act
Q3 O/L
(8+4)
Diff % Diff Actual'15 O/L (8+4) Diff % Diff
1 Face Length Worked m 15,923 13,985 (1,938) (12.2%) 5,921 5,749 (172) (2.9%) 23,761 21,069 (2,693) (11.3%)
2 x Face Advance m 9.0 12.1 3.1 34.7% 11.3 12.6 1.2 10.8% 9.8 12.3 2.5 25.0%
3 = m² Broken m² 142,684 168,755 26,070 18.3% 67,120 72,181 5,061 7.5% 233,853 259,139 25,286 10.8%
5 x Density t/m³ 3.69 3.65 (0.04) (1.0%) 3.68 3.59 (0.09) (2.5%) 3.68 3.59 (0.09) (2.5%)
6 = Tonnes Broken from Stopes tonnes 602,613 771,875 169,262 28.1% 282,036 327,527 45,491 16.1% 991,974 1,156,861 164,887 16.6%
7 x 4E Stope Broken Grade g/t 5.47 5.21 (0.26) (4.7%) 5.62 3.54 (2.08) (37.0%) 5.48 3.47 (2.00) (36.6%)
8 = 4E Ounces Broken from Stopes oz 105,888 129,204 23,316 17.8% 50,925 37,251 (13,674) (23.8%) 174,640 129,205 (45,436) (22.7%)
9 + 4E Oz Broken from Development oz 3,366 1,182 (2,184) (1.7%) 1,340 703 (637) (1.1%) 4,816 2,307 (2,509) (1.3%)
11 + 4E Ounces from Historic Sweeping & Vampings oz 5,729 2,377 (3,352) (2.6%) 2,625 1,580 (1,045) (1.8%) 7,091 4,660 (2,430) (1.2%)
12 ± 4E Ounces from U/G and Surface Inventory Movement oz 15,863 4,951 (10,913) (8.3%) 2,578 (36) (2,614) (4.5%) 13,749 3,303 (10,446) (5.2%)
15 = 4E Ounces Delivered to Concentrator Stockpiles (Mining) oz 130,846 137,714 6,868 5.2% 57,469 39,498 (17,971) (31.3%) 200,296 139,475 (60,821) (30.4%)
16 x MCF % 84.8% 88.8% 3.9% 4.6% 85.5% 132.2% 46.7% 54.6% 86.6% 131.4% 44.9% 51.8%
17 = 4E Ounces Received at Concentrator Stockpiles (Process) oz 111,004 122,232 11,227 10.1% 49,152 52,225 3,073 6.3% 173,390 183,319 9,929 5.7%
18 ± 4E Ounces from Concentrator Stocks Movement oz (2,120) (2,180) (60) (0.1%) (964) (496) 468 1.0% (1,839) (2,181) (343) (0.2%)
19 = 4E Ounces in Mill Feed oz 108,884 120,051 11,167 10.3% 48,188 51,729 3,541 7.3% 171,552 181,138 9,586 5.6%
20 x 4E Concentrator Recovery % 85.4% 85.6% 0.3% 0.3% 85.1% 86.5% 1.5% 1.7% 85.6% 86.1% 0.5% 0.6%
21 = 4E Ounces in C oncentrates (M&C) oz 92,941 102,816 9,875 10.6% 40,990 44,754 3,764 9.2% 146,866 155,962 9,096 6.2%
23 = Equivalent Refined 4E Ounces oz 91,547 101,274 9,727 10.6% 40,375 44,083 3,707 9.2% 144,663 153,623 8,959 6.2%
24 Working Cost Reef metres m 2,624 2,572 (52) (2.0%) 1,047 1,198 151 14.5% 3,684 3,992 308 8.4%
25 + Working Cost Waste metres m 1,708 1,708 (0) 0.8% 881 758 (123) (13.0%) 2,835 2,773 (61) (4.6%)
26 = Total Working Cost metres m 4,332 4,280 (52) (1.2%) 1,928 1,956 29 1.5% 6,519 6,766 247 3.8%
29 + Project Capital metres (Incl. Shaft Sinking) m 661 5 (657) (13.0%) 200 5 (195) (9.3%) 670 275 (395) (5.8%)
30 = Total Development metres m 4,994 4,285 (709) (14.2%) 2,128 1,961 (166) (7.8%) 7,189 7,040 (148) (2.1%)
31 Drop Raise metres m 211 94 (117) (55.6%) 83 25 (58) (70.2%) 319 94 (225) (70.6%)
32 Tonnes Broken from Stopes & Development tonnes 643,234 788,524 145,290 19.4% 299,646 338,403 38,757 12.1% 1,053,899 1,192,153 138,254 11.9%
33 + Historic Sweeping & Vampings tonnes tonnes 28,810 13,803 (15,007) (2.0%) 13,028 8,222 (4,806) (1.5%) 35,721 25,640 (10,081) (0.9%)
35 = Tonnes available for hoisting tonnes 672,044 802,327 130,283 17.4% 312,674 346,625 33,951 10.6% 1,089,620 1,217,793 128,173 11.1%
36 ± U/G Inventory Movement tonnes 93,395 29,940 (63,455) (8.5%) 14,782 (323) (15,104) (4.7%) 80,745 29,940 (50,805) (4.4%)
37 = Tonnes Hoisted tonnes 765,439 832,267 66,828 8.9% 327,456 346,302 18,846 5.9% 1,170,365 1,247,733 77,368 6.7%
41 = Tonnes Delivered to C oncentrator (Mining) tonnes 765,439 832,267 66,828 8.9% 327,456 346,302 18,846 5.9% 1,170,365 1,247,733 77,368 6.7%
43 = Tonnes Received at Concentrator (Process) tonnes 765,439 832,267 66,828 8.9% 327,456 346,302 18,846 5.9% 1,170,365 1,247,733 77,368 6.7%
44 ± C oncentrator Stocks Movement tonnes (14,620) (14,846) (226) (0.0%) (6,419) (3,286) 3,133 1.0% (12,411) (14,846) (2,436) (0.2%)
45 = Tonnes Milled tonnes 750,819 817,421 66,602 8.9% 321,037 343,016 21,979 6.8% 1,157,954 1,232,887 74,932 6.5%
46 4E Broken Grade (Stopes & Development) g/t 5.28 5.14 (0.14) (2.6%) 5.43 3.49 (1.94) (35.7%) 5.30 3.43 (1.87) (35.2%)
48 4E Grade in Ore Delivered (Before MCF) (Survey Called) g/t 5.32 5.15 (0.17) (3.2%) 5.46 3.55 (1.91) (35.0%) 5.32 3.48 (1.85) (34.7%)
49 4E Mill Head Grade (Built-up) g/t 4.51 4.57 0.06 1.3% 4.67 4.69 0.02 0.5% 4.61 4.57 (0.04) (0.8%)
50 Pt % (Equivalent Refined) % 45.1% 45.3% 0.1% 0.3% 45.1% 45.4% 0.3% 0.8% 45.1% 45.5% 0.4% 0.9%
51 Pt Ounces Delivered to Concentrator Stockpiles (Mining) oz 50,088 55,173 5,085 10.2% 22,150 23,693 1,543 7.0% 78,182 83,151 4,969 6.4%
52 Equivalent Refined Pt Ounces oz 41,302 45,832 4,530 11.0% 18,195 20,015 1,820 10.0% 65,222 69,873 4,650 7.1%
Schedule C: TOTAL MINE Actual vs. Previous Month: August
COMBINED REEF 15 YTD Act vs 16 Q3 O/L 8+4 vs Q2 Act 16 FY O/L 7+5 vs 15 Act
BDE - Development
BTE - Tonnages
Grade
BME Lite
BME
Modikwa North Total

2 North Shaft Equivalent Refined 4E Oz Waterfall
Equivalent Refined 4E Oz WaterfallCOMBINED REEF Modikwa North Total
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
14,208 2,023 297 (23) 221 (1,529) 15,198 (33) 15,165 114 (70) 15,209
14% 2% (0%) 1% (9%) (0%) 1% (0%) 7%
Budget Stope Tonnes Stope Broken
Grade
Develop Historic
Sweepings
UG & Surface
Inventory
Delivered to
Plant
MCF Received by
Plant
S/Pile
Movement
Conc
Recovery
Actual
EquivalentRefined4EOunces
Combined Reef - Aug Act
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
41,972 2,705 (13,156) (94) (193) (29) 31,206 13,542 44,748 (425) (241) 44,083
6% (29%) (0%) (1%) (0%) 43% (1%) (1%) 5%
Grade
Develop Historic
Sweepings
UG & Surface
Inventory
Delivered to
Plant
MCF Received by
Plant
S/Pile
Movement
Conc Recovery Actual
Combined Reef - Q3 TD
-
20,000
40,000
60,000
80,000
100,000
120,000
108,530 (2,667) (3,283) (779) (1,722) 3,732 103,812 921 104,733 (1,868) (1,591) 101,274
(2%) (3%) (1%) (2%) 4% 1% (2%) (2%) (7%)
Grade
Develop Historic
Sweepings
UG & Surface
Inventory
Delivered to
Plant
MCF Received by
Plant
S/Pile
Movement
Conc
Recovery
O/L (8+4)
Combined Reef - YTD
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
161,012 (2,663) (54,780) (754) (1,696) 2,453 103,571 53,504 157,075 (1,869) (1,584) 153,623
(2%) (35%) (1%) (2%) 2% 52% (1%) (1%) (5%)
Grade
Develop Historic
Sweepings
UG & Surface
Inventory
Delivered to
Plant
MCF Received by
Plant
S/Pile
Movement
Conc Recovery O/L (8+4)
Combined Reef - 16 FY O/L 8+4

3 North Shaft Monthly Graphs
BME GRAPHS (DEVELOPMENT 1) Modikwa North Total
2014 2015
2016
YTD
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 360 360 360
Actual 334 307 321 333
Actual 117 284 299 319 374 361 391 428
Budget 360 360 360 360 360 360 360 360 360 360 360 360
Actual '15 85 344 434 343 294 371 386 368 293 272 210 285
-
50
100
150
200
250
300
350
400
450
500
metres
Working cost reef metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 270 270 270
Actual 186 236 214 231
Actual 106 135 271 253 157 312 233 241
Budget 270 270 270 270 270 270 270 270 270 270 270 270
Actual '15 128 219 229 211 160 265 209 287 386 251 252 239
0
50
100
150
200
250
300
350
400
450
metres
Working cost waste metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget - - -
Actual 33 27 12 8
Actual 10 15 15 15 14 - 15 10
Budget - - - - - - - - - - - -
Actual '15 29 41 38 44 7 11 - 42 41 25 13 29
0
5
10
15
20
25
30
35
40
45
50
metres
Drop Raise metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 630 630 630
Actual 520 543 535 564
Actual 223 418 570 573 531 673 623 669
Budget 630 630 630 630 630 630 630 630 630 630 630 630
Actual '15 213 564 663 554 454 636 595 654 679 522 462 524
0
100
200
300
400
500
600
700
800
metres
Total working cost metres

Modikwa North TotalMining Development
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 360 360 360
Actual 117 144 124 201
Actual 41 82 151 135 174 124 152 133
Budget 360 360 360 360 360 360 360 360 360 360 360 360
Actual '15 49 117 214 175 146 175 182 209 161 112 71 116
-
50
100
150
200
250
300
350
400
metres
Primary Reef metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget - - -
Actual 217 163 198 132
Actual 75 202 148 184 200 237 238 295
Budget - - - - - - - - - - - -
Actual '15 36 227 220 168 148 196 204 159 132 159 139 169
0
50
100
150
200
250
300
350
metres
Re-Development
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 293 360 360
Actual 285 292 214 254
Actual 106 135 271 253 157 312 233 246
Budget 270 270 270 270 270 270 270 270 270 360 360 360
Actual '15 174 275 319 332 224 359 307 380 394 251 252 239
0
50
100
150
200
250
300
350
400
450
metres
Primary Waste metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 23 90 90
Actual 98 56 1 23
Actual - - - - - - - 5
Budget - - - - - - - - - 90 90 90
Outlook (8+4) 39 -
Actual '15 46 55 90 121 64 94 98 93 9 - - -
-
20
40
60
80
100
120
140
metres
Total Capital metres (SIB + Project)

BME GRAPHS (DEVELOPMENT 2) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget - - -
Actual - - - -
Budget - - - - - - - - - - - -
Outlook (8+4) - -
Actual - - - - - - - -
Actual '15 - - - - - - - - - - - -
-
0
0
0
0
1
1
1
1
1
1
metres
SIB Capital metres (Infrustructure + ORD)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget - - -
Actual 98 56 1 23
Actual - - - - - - - 5
Budget - - - - - - - - - - - -
Outlook (8+4) - -
Actual '15 46 55 90 121 64 94 98 93 9 - - -
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
metres
Project Capital metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget - - -
Actual - - - -
Budget - - - - - - - - - - - -
Outlook (8+4) - -
Actual - - - - - - - -
Actual '15 - - - - - - - - - - - -
0
0
0
0
0
1
1
1
1
1
1
metres
UG2 Ore Replacement Project metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 653 720 720
Actual 618 599 536 587
Actual 223 418 570 573 531 673 623 674
Budget 630 630 630 630 630 630 630 630 630 720 720 720
Actual '15 259 619 753 675 518 730 693 747 687 522 462 524
0
100
200
300
400
500
600
700
800
metres
Total development metres

BME GRAPHS (STOPING 1 - LEDGING) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 0.2 0.2 -
Actual 0.4 0.4 0.4 1.7
Actual 0.1 0.4 0.2 0.2 0.1 0.2 0.6 0.4
Budget 0.2 0.2 0.1 0.2 0.2 0.3 0.3 0.3 0.2 0.3 0.2 0.2
Actual '15 0.3 0.7 0.6 0.5 0.3 0.3 0.3 0.3 0.4 0.2 0.3 0.4
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
metres('000)
DOR/NIR Face Length Worked
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 14.1 14.3 -
Actual 5.5 5.7 3.1 1.2
Actual 3.8 4.2 5.2 5.5 10.1 4.3 4.2 5.5
Budget 11.7 10.8 19.1 15.5 13.1 8.1 6.5 9.3 11.9 12.8 22.3 12.2
Actual '15 3.2 4.2 4.2 4.8 7.1 7.8 7.5 10.1 7.9 10.8 7.3 5.9
0.0
5.0
10.0
15.0
20.0
25.0
metres
Face Advance
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 2.8 2.3 1.3
Actual 2.0 2.3 1.4 2.1
Actual 0.4 1.6 0.9 1.2 1.1 1.0 2.3 2.5
Budget 2.4 2.2 2.6 3.4 2.9 2.5 2.2 2.8 2.6 4.0 3.6 2.4
Actual '15 0.8 2.9 2.4 2.7 2.0 2.4 2.2 2.8 2.8 2.3 2.2 2.4
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
m²('000)
Ledging square metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 4 4 4
Actual 4 4 4 4
Actual 4 4 4 4 4 4 4 4
Budget 4 4 4 4 4 4 4 4 4 4 4 4
Actual '15 4 4 4 4 4 4 4 4 4 4 4 4
0
1
1
2
2
3
3
4
4
5
number
Ledging Crews

BME GRAPHS (STOPING 2 - STOPING ONLY) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 1.4 1.6 -
Actual 1.6 1.7 1.5 0.1
Actual 1.3 1.5 1.5 1.4 1.5 1.6 1.4 1.5
Budget 1.4 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.3 1.4
Actual '15 1.4 1.5 1.6 1.5 1.6 1.6 1.6 1.8 1.6 1.5 1.8 1.7
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
2.0
metres('000)
IMS Face Length Worked (Incl TNA)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 14.0 15.0 -
Actual 10.4 10.3 13.0
Actual 6.0 14.3 12.9 14.1 16.0 13.5 14.6 15.2
Budget 11.2 14.5 14.5 14.4 13.9 15.3 15.7 15.2 14.5 14.2 16.1 11.0
Actual '15 3.4 12.1 10.6 9.1 9.6 10.1 12.6 10.2 13.0 11.4 12.1 13.1
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
metres
Face Advance
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 20.2 23.9 25.3
Actual 16.6 17.2 19.7 19.5
Actual 8.0 21.6 19.5 20.2 23.7 21.0 20.7 23.1
Budget 15.9 21.8 21.4 20.8 20.1 21.7 21.8 21.6 21.0 20.0 20.9 15.9
Actual '15 4.8 18.6 17.2 13.8 15.2 16.1 20.5 18.1 20.6 17.1 21.9 21.8
0.0
5.0
10.0
15.0
20.0
25.0
30.0
m²('000)
Stoping square metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 53 62 62
Actual 53 52 48 50
Actual 52 48 48 48 48 48 48 46
Budget 51 51 51 51 51 51 54 54 54 54 54 54
Actual '15 52 52 52 52 52 52 52 51 51 51 51 51
0
10
20
30
40
50
60
70
number
Stoping Crews

BME GRAPHS (STOPING 3 - TOTAL LEDGING & STOPING) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 1.7 1.7 1.4
Actual 1.9 2.0 1.7 1.8
Actual 1.4 1.9 1.7 1.7 1.6 1.8 2.0 2.0
Budget 1.6 1.7 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.5 1.6
Actual '15 1.7 2.2 2.2 2.1 1.9 1.9 1.9 2.1 1.9 1.7 2.1 2.1
-
0.5
1.0
1.5
2.0
2.5
metres('000)
Face Length Worked
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 13.9 15.6 19.1
Actual 9.8 9.8 12.1 12.3
Actual 5.9 12.3 12.1 12.9 15.6 12.3 11.7 13.0
Budget 11.3 14.1 14.9 14.6 13.8 14.0 13.9 14.2 14.2 14.0 16.8 11.1
Actual '15 3.3 9.6 9.0 8.0 9.2 9.7 11.8 10.2 12.0 11.3 11.5 11.7
0.0
5.0
10.0
15.0
20.0
25.0
metres
Face Advance
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 23.0 26.2 26.6
Actual 18.5 19.5 21.1 21.6
Actual 8.4 23.2 20.4 21.5 24.8 22.0 23.0 25.5
Budget 18.3 24.0 24.0 24.3 22.9 24.1 24.0 24.4 23.6 23.9 24.5 18.3
Actual '15 5.6 21.5 19.6 16.5 17.2 18.6 22.7 21.0 23.4 19.4 24.1 24.2
0.0
5.0
10.0
15.0
20.0
25.0
30.0
m²('000)
Square metres
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 57 66 66
Actual 57 56 52 54
Actual 56 52 52 52 52 52 52 50
Budget 55 55 55 55 55 55 58 58 58 58 58 58
Actual '15 56 56 56 56 56 56 56 55 55 55 55 55
0
10
20
30
40
50
60
70
number
Stoping & Ledging Crews

BME GRAPHS (BROKEN) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 103 114 117
Actual 86 88 99 99
Actual 38 105 93 99 116 105 110 123
Budget 83 107 107 108 102 108 107 109 105 107 109 83
Actual '15 25 96 89 75 77 84 102 94 103 88 111 108
-
20
40
60
80
100
120
140
tonnes('000)
Total tonnes broken (Stopes & Dev)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 5.29 5.34 5.20
Actual 4.93 5.30 5.14 3.43
Actual 5.47 5.30 5.12 5.18 5.19 5.05 5.03 5.03
Budget 6.65 4.99 5.01 5.08 5.34 5.14 5.03 4.86 5.03 5.13 5.15 6.71
Actual '15 5.21 4.81 5.31 5.31 5.42 5.38 5.38 5.44 5.46 5.25 5.18 5.38
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
g/t
4E Broken Grade (Stopes & Dev)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 17.5 17.8 15.3
Actual 13.6 15.0 16.3 11.0
Actual 6.6 17.9 15.4 16.4 19.3 17.1 17.8 19.8
Budget 17.6 17.2 17.2 17.6 17.6 17.8 17.3 17.0 17.0 17.6 18.1 17.8
Actual '15 4.2 14.9 15.2 12.8 13.5 14.6 17.7 16.4 18.2 14.8 18.5 18.7
-
5.0
10.0
15.0
20.0
25.0
ounces('000)
4E Ounces Broken (Stopes & Dev)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 100% 100% 100%
Actual 78% 91% 99% 99%
Actual 37% 104% 100% 108% 99% 111% 94% 99%
Budget 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Actual '15 74% 79% 128% 81% 108% 78% 81% 80% 91% 66% 129% 85%
0%
20%
40%
60%
80%
100%
120%
140%
%
Sweepings %

BME GRAPHS (DELIVERED) (UNDERGROUND ONLY) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 106 122 125
Actual 92 98 104 104
Actual 70 99 88 110 91 138 122 115
Budget 85 110 110 111 105 111 110 112 108 110 112 85
Actual '15 84 102 100 73 92 96 106 111 111 108 113 74
-
20
40
60
80
100
120
140
160
tonnes('000)
Underground Tonnes Delivered to Concentrator (Mining)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 5.31 5.49 5.43
Actual 4.96 5.32 5.15 3.48
Actual 5.47 5.30 5.13 5.17 5.17 5.05 5.03 5.07
Budget 6.63 5.01 5.04 5.11 5.36 5.16 5.06 4.89 5.06 5.16 5.18 6.69
Outlook (8+4) 0.23 0.26
Actual '15 5.22 4.89 5.33 5.37 5.44 5.42 5.40 5.47 5.50 5.25 5.18 5.38
2.00
2.50
3.00
3.50
4.00
4.50
5.00
5.50
6.00
6.50
7.00
g/t
4E Grade in Ore Delivered (Before MCF) (Survey Called)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 18.1 21.6 21.9
Actual 14.7 16.7 17.2 11.6
Actual 12.4 16.8 14.5 18.2 15.1 22.4 19.7 18.8
Budget 18.1 17.8 17.8 18.3 18.2 18.4 17.9 17.6 17.6 18.2 18.7 18.3
Actual '15 14.2 16.0 17.2 12.7 16.1 16.8 18.4 19.5 19.6 18.2 18.7 12.7
0.0
5.0
10.0
15.0
20.0
25.0
4Eounces('000)
4E Ounces delivered to Concentrator
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 0 0 0
Actual 4 7 4 2
Actual 32 (7) (8) 9 (28) 32 11 (12)
Budget 0 0 0 0 0 0 0 0 0 0 0 0
Actual '15 58 1 8 (6) 12 8 0 13 1 20 1 (35)
(40)
(20)
0
20
40
60
80
tonnes('000)
U/G and Surface Inventory (Movement)

BME GRAPHS (DELIVERED) (INCLUDING SURFACE SOURCES) Modikwa North Total
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 106 122 125
Actual 92 98 104 104
Actual 70 99 88 110 91 138 122 115
Budget 85 110 110 111 105 111 110 112 108 110 112 85
Actual '15 84 102 100 73 92 96 106 111 111 108 113 74
-
20
40
60
80
100
120
140
160
tonnes('000)
Tonnes Delivered to Concentrator (Mining)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 5.31 5.49 5.43
Actual 4.96 5.32 5.15 3.48
Actual 5.47 5.30 5.13 5.17 5.17 5.05 5.03 5.07
Budget 6.63 5.01 5.04 5.11 5.36 5.16 5.06 4.89 5.06 5.16 5.18 6.69
Actual '15 5.22 4.89 5.33 5.37 5.44 5.42 5.40 5.47 5.50 5.25 5.18 5.38
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
g/t
4E Grade in Ore Delivered (Before MCF) (Survey Called)
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 18.1 12.4 13.4
Actual 14.7 16.7 17.2 11.6
Actual 12.4 16.8 14.5 18.2 15.1 22.4 19.7 18.8
Budget 18.1 17.8 17.8 18.3 18.2 18.4 17.9 17.6 17.6 18.2 18.7 18.3
Actual '15 14.2 16.0 17.2 12.7 16.1 16.8 18.4 19.5 19.6 18.2 18.7 12.7
0.0
5.0
10.0
15.0
20.0
25.0
4Eounces('000)
4E Ounces delivered to Concentrator
2014 2015
2016
YTD
Bud
'16
L/O
(7+5)
Bud
'17
Bud
'18
Budget 87% 100% 100%
Actual 89% 87% 89% 131%
Actual 84% 74% 93% 87% 81% 95% 94% 94%
Budget 70% 92% 91% 90% 86% 89% 91% 94% 91% 89% 89% 67%
Actual '15 86% 93% 84% 81% 81% 81% 86% 85% 85% 92% 94% 88%
0%
20%
40%
60%
80%
100%
120%
140%
%
Mine Call Factor

4 North Shaft Monthly Comments
DEVELOPMENT SWEEPINGS
 We only achieved 218m at a call of 270m.There is a continuous
improvement in terms of our monthly meters and we are set to achieve our
target this coming month.
 99% sweepings achieved for the month.
FACE LENGTH GRADE
 14.3 % above plan mainly due to geological losses.  Stope & Development broken grade of 5.07g/t.
FACE ADVANCE STOPING SQUARE METRES
 Achieved 13.0m face advance. This was slightly affected by geological
losses resulting lessor unplanned crew movements.
 4.6% above the budget for the month.
 We achieved 25523sq vs 24407sq
TONS DELIVERED
 Achieved 3.2% above budget @ 115 447 tons, an exceptional performance
by the team.

Monthly Business Report - August 2016

Recommended

Recommended

More Related Content

Similar to Monthly Business Report - August 2016

Similar to Monthly Business Report - August 2016 (20)

Monthly Business Report - August 2016