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Zambia Copper Investments Limited

Zambia Copper Investments Limited. Results Presentation 24 August 2001. Financial Highlights. SHE Current operations Refurbishment programme Near term prospects Financial position KDMP. The Issues. Nchanga open pit slope failure Safety training and education

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Zambia Copper Investments Limited

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  1. Zambia Copper Investments Limited Results Presentation 24 August 2001

  2. Financial Highlights

  3. SHE Current operations Refurbishment programme Near term prospects Financial position KDMP The Issues

  4. Nchanga open pit slope failure Safety training and education LTIFR 0.83 (per 200,000 man-hrs) LTISR 35 (per 200,000 man-hrs) HIV awareness Malaria frequency Safety, Health & Environment

  5. Current Operations

  6. Deal with GRZ ($286 million) Major areas of spend: mines: equipment, shafts, ventilation, development, support, pumping processing: concentrators, TLP surface infrastructure Commitments to date: $145 million Spend to date: $88 million FEC ($286 million) Refurbishment Programme

  7. SHE: continuing high priority Copper price: continuing low for foreseeable future Production & cost control: must drive down costs re-evaluation of viability of all operating units possible reductions in mine output Refurbishment: relook at scheduling Smelterco: achieve > 300 tpd Cu on consistent basis (KCM proportion) drive down costs refurbishment Near Term Prospects

  8. Financial Position

  9. Status of Feasibility Study Final capex, opex & economics (price) Smelterco performance & option Financing alternatives Agreement with partners KDMP - Major Outstanding Issues

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