DOWNLOAD FACT SHEET

key attributable FY2011 data:

location:

Plant located on Anglo Platinum’s Rustenburg Platinum Mine (RPM), adjacent to Aquarius’ Kroondal mine

comprises:

Processing of PGM-bearing current tailings streams

ownership/management:

Dedicated AQPSA management team

safety:

No fatalities and DIIR remained at zero for the year

resources and reserves:

Not applicable

refining:

Concentrate produced is sold to Anglo Platinum’s RPM

number of employees:

As at end June 2011, 57 employees with no contractors

about platinum mile

Aquarius acquired a 50% interest in Platinum Mile Resources (Pty) Ltd with effect from 1 March 2008. The remaining 50% was at that time held by Mvelaphanda Holdings (Pty) Ltd.

Platinum Mile is a tailings retreatment facility adjacent to the Kroondal mine on Anglo Platinum’s Rustenburg Platinum Mine (RPM), from which it receives PGM tailings for retreatment. This facility provides a consistent source of profitable low-cost ounces. Concentrate produced by Platinum Mile is sold to RPM, with which there is a profit-sharing agreement. Post year-end, Aquarius agreed to increase its original stake of 50% in Platinum Mile to 91.7%.

production

Despite a 37% decline in volumes processed year-on-year, production rose by 16% as a result of significant improvements in both the grade of the material supplied and recovery rates. The latter was a consequence of the plant optimisation project undertaken the previous year.

Platinum Mile continued to focus on the retreatment of Merensky tailings rather than UG2 tailings during the year, in order to capitalise on higher PGM grades and beneficial rates of recovery. The decline in volumes processed for the year resulted from the halt in UG2 tailings supplied to Platinum Mile.

key statistics - as at 30 June 2011