Name of the Project
Elikhulu tailings retreatment plant project.

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

Project Owner/s
Pan African Resources and Evander Gold Mines.

Project Description
The Elikhulu tailings plant project entailed establishing facilities and infrastructure at Evander Gold 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 has been incorporated into the Elikhulu plant, and which processed about 200 000 t/m of tailings.

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

The Elikhulu project uses a conventional carbon-in-leach circuit with an additional pre-oxidation process.

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

Potential Job Creation
Elikhulu´s construction phase employed more than 1 700 people and will directly employ more than 400 permanent employees and contractors during its LoM.

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

Planned Start/End Date
The project broke ground in August 2017 and had its first gold pour in August 2018.

Latest Developments
The Elikhulu tailings retreatment plant processed 10.85-million tonnes from September 2018 to June this year, and achieved a recovered grade of 0.133 g/t gold. Elikhulu also produced 46 201 oz of gold, which excludes preproduction gold of 736 oz capitalised as preproduction income and gold inventory locked-up in the Elikhulu circuit.

Production figures include the 200 000 t a month throughput from the ETRP, which was incorporated into Elikhulu with effect from January, and increased Elikhulu’s processing capacity to 1.2-million tonnes a month.

Remnant mining and surface sources at Evander contributed a further 26 878 oz of gold.

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.