We have interests in seven operations, firmly establishing our position as one of the world’s fastest growing platinum companies. Our operations are located on both the world-renowned Bushveld Complex in South Africa and the Great Dyke in Zimbabwe.  We have an active exploration programme in and around these existing operations, with a focus on the eastern Bushveld Complex in particular.

• Our primary operation, the Kroondal Mine, is one of the most efficient PGM producers in the world. The mine is situated on the Western Limb of the Bushveld Complex in North West Province of South Africa. Kroondal has partnered with Anglo Platinum in a pool and share agreement (P&SA1) since 2003. The P&SA1 has enabled Kroondal to expand the scope of its operations and extend its life of mine to 2017. The Kroondal mine, which exploits the UG2 Reef, comprises four operating decline sections: the Central, East, No 3 and K5 shafts which access the Kroondal and Townlands blocks. Kroondal also has two concentrator plants, K1 and K2, with a combined capacity of 570,000 tonnes per month. Kroondal has an offtake agreement for the processing and refining of its concentrate with Anglo Platinum.
• Our second operation in South Africa, the Marikana Mine, lies 8km east of Kroondal, on the Western Limb of the Bushveld Complex, in North West Province, South Africa, and has both an underground (1, 2 and 4 shafts) and  open-pit operations. Marikana’s concentrator plant has a monthly processing capacity of 220,000 tonnes.  Aquarius has a second pool and share agreement with Anglo Platinum at Marikana (P&SA2) and FY2008 was the second full year of operation in terms of this agreement. The P&SA2 includes a dense media separation plant. Concentrate produced from mineral reserves contributed by Marikana is smelted, refined and marketed by Impala Refining Services (IRS). Concentrate produced from mineral reserves contributed by Anglo Platinum to the P&SA2 is smelted, refined and marketed by Anglo Platinum.
• Our third mine in South Africa, the Everest mine, was commissioned in November 2005. Everest is located on the eastern limb of the Bushveld Complex in the province of Mpumalanga, South Africa. Due to subsidence, operations at Everest were suspended in December 2008.   The mine has both underground and open pit potential.    A concentrator plant with a monthly capacity of 230,000 tonnes processes the material mined. When in operation, concentrate from Everest  is smelted, refined and marketed by IRS.
• In southern Zimbabwe, we hold a 50% interest in the Mimosa Mine. The mine,  located on the Wedza Geological Complex, on the southern portion of the Great Dyke in Zimbabwe, comprises a shallow underground mine accessed via a decline shaft and a surface concentrator plant. The mine is overseen by joint venture partners Aquarius and Impala Platinum Holdings Limited (Implats). Mimosa has an offtake agreement with Centametal AG of Switzerland. In terms of this contract, concentrate produced by Mimosa is delivered to IRS in South Africa for processing and refining.
• The Chromite Tailings Retreatment Plant (CTRP) is located adjacent to the Kroondal mine. It is an innovative and environmentally sound operation that processes old mine dumps and current tailings from the beneficiation process used at neighbouring chromite mines. The CTRP is jointly owned by Aquarius (50%), which also manages the plant, GB Mining (25%) and Sylvania South Africa (25%).
• In 2008, we acquired a 50% interest in Platinum Mile Resources (Pty) Ltd which operates a tailings retreatment facility located on Anglo Platinum’s RPM’s lease area, adjacent to the Kroondal Mine and processes certain tailings from RPM. The concentrate produced by Platinum Mile is sold to RPM with which it has a profit share arrangement. Platinum Mile currently produces approximately 20,000 ounces of PGM in concentrate. The remaining 50% is held by Mvelaphanda Holdings (Pty) Limited.
• In July 2009, we acquired effective control of Ridge Mining plc (Ridge).  Ridge's primary assets, both located on the eastern limb of the Bushveld Complex, are the Blue Ridge mine where production is currently being ramped up, and the 39% owned Sheba's Ridge project for which a feasibility study is under way.  Blue Ridge and Sheba's Ridge will help to diversify Aquarius' portfolio, increase its resource base, production ounces and optionality, and add to its longevity. 

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