Name of the Project
Elikhulu tailings plant project.

Location
The project is located at the Evander mine, in Mpumalanga, South Africa.

Client
Pan African Resources.

Project Description
The Elikhulu tailings plant project entails establishing facilities and infrastructure at Evander Mines to retreat gold plant tailings at one-million tonnes a month. This is in addition to the existing production from the Evander Tailings Retreatment Plant (ETRP), which will be incorporated into the Elikhulu plant and processes about 200 000 t/m of tailings.

The enlarged Elikhulu plant is forecast to process throughput of 1.2-million tonnes a month and is expected to produce about 70 000 oz/y of gold.

The Elikhulu project will use a conventional carbon-in-leach circuit with a proprietary pre-oxidation process.

The Elikhulu project has an expected life-of-mine (LoM) of 13 years.

Potential Job Creation
Elikhulu´s construction phase employed as many as 1 769 people and will directly employ more than 350 permanent employees and contractors during its LoM.

Value
The initial project capital for Elikhulu is estimated at R1.74-billion.

Duration
The Elikhulu project broke ground in August 2017 and had its first gold pour in August this year.

Latest Developments
The inaugural gold pour was held in August 2018, with ramp-up to full production expected by the end of September 2018, with steady-state production of about 55 000 oz/y of gold.

The incorporation of the ETRP into Elikhulu is scheduled for completion in December 2018.

Key Contracts and Suppliers
DRA Projects (feasibility study, detailed design and construction supervision service) and Fraser Alexander (remining contract).

On Budget and on Time?
The Elikhulu project was completed ahead of schedule and is expected to be within the project budget of R1.74-billion.

Contact Details for Project Information
Pan African Resources project lead Jonathan Irons, tel +27 11 243 2900 or fax +27 11 880 1240.
Aprio Strategic Communications Public and Investor Relations on behalf of Pan African Resources, Julian Gwillim, tel +27 11 880 0037.