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By Dr Paul Jourdan Mintek

14 May 2003. Presentation to the Parliamentary Portfolio Committee. By Dr Paul Jourdan Mintek. PROVISIONAL FINANCIAL SUMMARY 2002/2003. R X10 3. Income. 206 147. Core funding. 78 160. Earmarked funding. 13 041. Own Income. 114 946. Expenditure. 204 914. Staff Costs. 112 914.

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By Dr Paul Jourdan Mintek

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  1. 14 May 2003 Presentation to the Parliamentary Portfolio Committee By Dr Paul JourdanMintek

  2. PROVISIONAL FINANCIAL SUMMARY2002/2003 R X103 Income 206 147 Core funding 78 160 Earmarked funding 13 041 Own Income 114 946 Expenditure 204 914 Staff Costs 112 914 Overheads and Operating Expenditure 83 623 Capital Expenditure 8 377 Surplus 1 233

  3. 350,000 300,000 Core 250,000 Earmarked Non-state 200,000 Total 150,000 100,000 50,000 0 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 2005/2006 1999/2000 2001/2002 2003/2004 MINTEK INCOME (R X 103)

  4. Mindev (Mintek Exco) CEO (50%) COO PROJECTS (JVs) MINTEK MANAGEMENT CHIEF EXECUTIVE OFFICER Technology Commer- cialisation Corporate Relations Corporate Services Research Technology MESU Human Resources & Training Business Services Finance (Treasury) Pyrometallurgy Mineralogy Information & Publications High Temp. Technology Analytical Science Bioleaching Hydrometallurgy Minerals Processing Process Eng. Services Physical Metallurgy Small Scale Mining Unit Measurement & Control HDSA Engineering Support

  5. MINDEV CORPORATE STRUCTURE MINDEV BOARD (CHAIR – PP JOURDAN) MINTEK EXECUTIVE MANAGEMENT MINDEV CEO NA BARCZA (50%) PUBLIC OFFICER YUNUS OMAR SUBSIDIARY COMPANIES ATOLL TOLLSORT MOGALE MUSUKU Bateman Titaco Mindev 50% 50% Mindev IMS Eng. SPH B&H 25% 25% 25% 25% Mindev PGR Atoll BEE (Sebeso) 30% 30% 20% 30% (10%DGE Trust) Mindev Harmony BEE 40% 40% 20% (Laetoli)

  6. MINDEV SUBSIDIARIES • Tollsort: with Mikrosort of Germany, to apply new optical sorting technology to improve recoveries in the southern African minerals industry; • Musuku: with Harmony and BEE company, to beneficiate gold bullion into pure (99.99%) gold and into value-added intermediate products such as salts, wire, alloys, bars and high purity gold for electronics, using Mintek technologies. Musuku is the Venda word for gold. • Mogale: with management, workers and BEE company, to treat Columbus stainless steel dusts to produce a valuable nickel alloy and to produce ferrochrome using Mintek’s “Enviroplas” technology • Atoll: with Bateman (outsourcing some operations to BEE companies), was established prior to Mindev’s formation to provide toll processing services to the ferro-alloys industry to recover valuable alloys from slag dumps

  7. FEASIBILITY STUDIES INITIATED • A coastal Electrolytic Manganese Dioxide (EMD) plant based on SA’s abundant manganese ores. EMD is used in the manufacture of dry-cell batteries • A Hot Briquetted Iron (HBI) plant based on SA’s iron ore fines. HBI is used in steel making • A coastal ferro-nickel (FeNi) plant based on SA’s cheap electricity and imported laterite ores. FeNi is used in stainless steel production • A plant to recover platinum concentrate from chromite tailings dumps (the Platdumps project)

  8. REGIONAL STUDIES - Completed or underway • Mineral potential of the Gariep SDI of the Northern Cape • Mozambican part of the Beira Corridor and Zambezi SDI • First phase of a mineral scan for the Nacala corridor in Mozambique, Malawi and Zambia • A scan of the aluminium downstream industry for the CDC (Coega) • A titanium cluster study in East London for ECDC in Eastern Cape • Mintek signed an historic MOU with the ECDC to develop eight mineral based projects in the Eastern Cape • Mintek is also in discussion with other provinces to help them develop mineral based projects (N.Prov & Limpopo) • Mintek is co-ordinating The Great African Rift Development Strategy (GARDS) on behalf of COHORT (committee of SA’s Science Councils) Mineral Economics and Strategy Unit

  9. RESOURCE-BASED SUSTAINABLE DEVELOPMENT • The RBSD thesis has been incorporated into the National R&D Strategy • The overall objective and aim of the RBSD project is to identify the critical factors and necessary conditions (i.e. “lessons”) required for a resource-based economy such as South Africa to make the transition to a high-tech industrialised state • Study trip to Sweden and Finland to build a research network • Mining Inputs Cluster • Mintek has also been tasked with facilitating the development of a mineral processing inputs cluster (consumables, capital goods, services) • Mintek proceeded to initiate the resuscitation of the South African mining cluster and has received the commitment of various industry, government, science council, and organisational support for this endeavour • Defining the inputs cluster in terms of key product categories and the type of goods and services associated with them. • Putting together a database of leading South African and international firms associated with the domestic mining and mineral processing sector. • Funding proposal has been submitted to Fridge Mineral Economics and Strategy Unit

  10. Beneficiation (RBI); • expl. capital goods • geophysical • drilling • survey • etc. • mining capital goods • drilling • cutting • hauling • hoisting, etc. • processing cap. goods • crushers/mills • hydromet plant • materials handling • furnaces, etc. Mining Mineral Processing Exploration • exploration services • GIS • analytical • data processing • financing • etc • mining services • mine planning • consumables/spares • sub-contracting • financing • analytical, etc • processing services • comminution • grinding media • chem/reagents • process control • analytical, etc knowledge-based resource-inputs industry • Resource Inputs: Capital Goods & Services Mineral Economics and Strategy Unit

  11. RURAL DEVELOPMENT & POVERTY ALLEVIATION • Kgabane Project • The Kgabane Jewellery and Craft Project was initiated by the Ministry of Minerals and Energy to alleviate poverty and create jobs through the creation of a vibrant and inclusive jewellery industry and taking advantage of existing resources • The project was formally launched in October 2002 during the Mining Week, with a jewellery show. The launch celebrated the Kgabane – Harmony range, which was realised through its partnership with Harmony Gold • A Production and Training Unit has been set up and is operational. The unit is tasked with the creating a range of jewellery products that will be inspired by rural - indigenous craft designs and will utilise a range of materials ranging from natural fibres, beads, ceramics, precious and semi-precious metals and stones • Through the Kgabane Rural Development Jewellery Project, seven groups of crafts-women from rural and urban impoverished areas have been set up and are receiving training according to the unit standards qualification set with the Mining Qualifications Authority Mineral Economics and Strategy Unit

  12. Audited profit from operations (30 June 2003), R millions 1999 2000 2001 2002 2003 R32,0* -R69,8 -R36,8 -R31,7 R16,0 * Estimated 30 June 2003 ALEXKOR Highlights of Mintek’s management (17 May 2001 - 16 November 2002) • Eliminationof loss-making activities (mid-sea, closure of some plants) • Expansion of profit-making activities (shallow marine) • Implementation of tight cost control on all activities • Repayment of R25m loan to BOE • Creation of a permanent, empowered, Alexkor management team

  13. TECHNICAL HIGHLIGHTS GOLD • Developing local and international codes of best practice for cyanide use (Au CIP: health & safety and enviro) • Bioleach amenability tests on sulphide gold concentrates from SA, Zimbabwe, Tajikistan, Dominican Republic, Canada, Kazakhstan and Finland • Optimisation of gold circuits for clients around the globe • Project Autek, focussing on new industrial applications for gold, has been expanded rapidly (breakthrough on respirators)

  14. TECHNICAL HIGHLIGHTS(cont.) PLATINUM • Laboratory and pilot milling and flotation work has been conducted for Anglo American, Avmin, Lonmin, Cluff Resources and Aquarius South Africa • Interest has been expressed in the ConRoast process (smelting of dead-roasted sulphide concentrates in a DC arc furnace) by major platinum producers and new BEE entrants (Cr constraint, enviro) • New modules of MillStar, PlantStar, FrothStar have been developed for process control (40 sites in 15 countries) and Minstral EAF furnace control (80 sites in 10 countries) • Significant progress has been made on the development of alloys based on Pt-Al-Cr-Ru for high temperature applications (eg aero-engines with RR)

  15. TECHNICAL HIGHLIGHTS(cont.) FERROUS METALS • Cluster computer (“LAN”) approach for furnace and slags modelling • Various projects conducted using DC arc furnace (SS dusts, FeCr, FeMn, Ti-Fe) NON FERROUS METALS • Testwork and process design on heap bioleaching of low-grade copper ores (Haib) • Solvent extraction for recovery and upgrading of zinc • Liquid Magnesium was produced at atmospheric pressure through Mintek’s new magnesium process • Zincref- new Mintek Zn refining pilot column commissioned

  16. TECHNICAL HIGHLIGHTS(cont.) INDUSTRIAL MINERALS • Batch jigging for the Fe and Mn industries has been conducted successfully • Optical sorting has gained rapid attention in the mineral processing industry (PGM, limestone, dolomite) SMALL SCALE MINING • Established a small scale mining division • Involvement in rural development spans over 9 provinces • Examples are: glass beads, diamond treatment facility, • iGoli-process for gold recovery, ceramics incubator, etc.

  17. Technical Innovation SMME SET/HRD Total R60,4m R6,5m R14,0m R80,9m 74,7% 8,0% 17,3% 100% ALLOCATION OF CORE FUNDING • All core funds for 2003/2004 (R80,9m) allocated to specific activities • Allocation was achieved via an internal competitive mechanism similar to the Innovation Fund • Progress reports every 6 months Allocation as follows:

  18. MANAGERS EXECUTIVE 16 16 14 14 12 12 10 10 8 8 6 6 4 4 2 2 0 0 2000 2003 2004 2006 2008 2008 2000 2003 2004 2006 NON-DG NON-DG DG DG PROJECTEDTRANSFORMATION From Base Year 2000, to 2008

  19. OUTREACH PROGRAMMES Kgabane MINQUIZ ADOPT-A-SCHOOL EDUMAP SET Week HIV/AIDS programme (Itereleng/Ikageng)

  20. HUMAN RESOURCE DEVELOPMENT • 53 Undergraduate students • (81% of designated group) • 17 Postgraduate students • (71% of designated group) • 44 Technikon training students • (100% of designated group) • 7 Engineering-in-training students • (86% of designated group) • Supports the EduMap Programme • (65 core learners and 350 on the programme) • Adopted a school (Kwadeda) in Zola, Soweto • Science lab, ICT lab, >pass rate

  21. QUALITY, ENVIRONMENT & SAFETY • Achieved integration of Mintek’s quality, environmental and safety systems • Mintek certified on 8 August 2002 to be compliant with the ISO 9001:2000 international quality standard • Certification to the ISO14001 international environmental standard expected August 2003 • Awarded 3-star rating by NOSA for safety • Disabling Injury Frequency rate (DIFR) of 1,8 equivalent to 4-star rating. Zero fatalities.

  22. Molteno/Indwe Field Musuku sites Nqura HBI sites FeNi & SS site EMD sites SA Energy Map (gas, oil, coal)Selected Mintek Projects Pande;Temane pipeline (Sasol/CEF/ENH) Fe & Mn Fields Lily Pipeline (Petronet) Kudu Pipeline Ore Rail A-K Field Pipeline

  23. SADC: Key Projects SDI’sR&DProjects

  24. “helping make resources catalyze sustainable development” Mintek Thank you, Ke a leboga, Enkosi Kanimambo, Dankie, Siyabonga www.mintek.co.za

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