COMPLIANCE AND COMPETENT PERSONS
As a listed minerals company, Kumba seeks to strictly adhere to the SAMREC Code as prescribed by section 12 of the JSE Limited listings requirements, when reporting on its remaining Ore Reserves and Mineral Resources.
Not only is the reporting code considered through the
internalisation thereof, as governed by a company policy
(www.angloamericankumba.com/sd_policies.php) and the use of reporting templates (derived from the 2007 SAMREC Code checklist table and the relevant Anglo American plc Group Technical Standard), but also through the continuous refinement of Mineral Resource and Ore Reserve estimation governance and execution processes. In 2010 Kumba’s Executive Committee identified the Mineral Resource estimation and LOM estimation processes as critical to the company’s success and sanctioned the development of standardised responsibilities and accountabilities across the company.
TABLE 2: 2011 KUMBA IRON ORE COMPETENT PERSON REGISTER
|Mineral Resources||Ore Reserves|
|Kumba Iron Ore||Jean Britz||7||Principal, Mineral Resources||SACNASP
|Theunis Otto||7||Head, Mining Processes||ECSA
|Sishen mine||JJ Pretorius||17||Senior Resource Geologist||SACNASP
|Jaco Van Graan||7||Life-of-Mine Planning
|Thabazimbi mine||Venter Combrink||12||Senior Resource Geologist||SACNASP
|Hermanus Kriel||16||Mining Engineer||ECSA
|Kolomela mine||Mike Carney||12||Mineral Resource Manager||SACNASP
|Mike Carney||12||Mineral Resource Manager||SACNASP
|Pieter Mienie||24||Principal Project Geologist||SACNASP
All competent persons have been duly appointed and made aware of their responsibility towards unbiased ore reserve and/or mineral resource estimation on an operational or project level. They have sufficient relevant experience in the style of mineralisation, type of deposit and mining method as well as in the activity for which they have taken responsibility to qualify as a ‘competent person’, as defined by the 2007 SAMREC Code – 2009 amended version. The Ore Reserve and Mineral Resource estimates have been signed off by the relevant competent persons (Table 2), who consent to the inclusion of the information in this report in the form and context in which it appears.