Resources & Reserves

The main features relating to Implats’ Mineral Resources and Mineral Reserves as at 30 June 2012 relative to 30 June 2011 are:

• Estimated total attributable Mineral Resources increased marginally by 3Moz to 426Moz 4E; the total attributable platinum ounces shows a corresponding increase of 2Moz to 230Moz
• Total attributable group Mineral Reserves decreased by 1.5Moz to 61Moz 4E; the attributable platinum ounces decreased by 1Moz to 34Moz
• Attributable Mineral Resources and Mineral Reserves remained dominated by Zimplats and Impala contributions
• Year-on-year comparisons show a stable inventory, although additional work resulted in updated estimates in certain areas
• Steady progress is being made to upgrade the confidence assigned to Mineral Resources across the Group from the Inferred to Indicated or Measured status, and thus be available for conversion to Mineral Reserves