WHO WE ARE AT A GLANCE Anglo American is a globally diversified - PowerPoint PPT Presentation

FUTURESMART MINING ™ Tony O’Neill Group Technical Director 1

WHO WE ARE AT A GLANCE Anglo American is a globally diversified mining business Our portfolio of world-class competitive mining operations Diamonds (De Beers) and undeveloped resources provides the raw materials to Copper meet the growing consumer- driven demands of the world’s Platinum Group Metals (PGMs) developed and maturing economies. Iron Ore & Manganese Coal We have a rich heritage of technology and innovation that Nickel spans 100 years. 2

MINING IS ON THE CUSP OF GAME-CHANGING INNOVATION Driven by increasingly critical challenges  safety  productivity  sustainability... …and unprecedented opportunity for those prepared to take a fresh approach 3

A NEW PARADIGM 1t Waste 24t Waste 1t Ore 8t Ore 4% Cu 0.5% Cu 40kg Cu 3m 3 6m 3 Water Water 10kWhr Energy 160kWhr Energy 1900 2017 Future 4

FUTURESMART MINING™ IS REDEFINING THE MINING INNOVATION CYCLE CREATING SHARED VALUE THROUGH THE SMART ADAPTATION AND APPLICATION OF TECHNOLOGY FAST, ITERATIVE EXECUTION GRASP CHALLENGES Consider entire value chain. 3 lenses: • Sustainability (water, energy) • Processing DELIVER • Rapid delivery cycles • Mining (SmartPath) • Learning plans • SmartBox VALUE IDENTIFICATION CONSOLIDATE IDEATE • Technology Programmes • Open Forums • Value defined • Internal participation • Balance delivery over time • Open and collaborative COLLABORATION 5

THE CONCENTRATED MINE Precisely targeting the metal and mineral with less waste CHALLENGE Precision mining with minimal energy, water and capital intensity APPROACH Concentrate the mine™ concept: • Improved mine fragmentation • Rejecting the worthless rock (gangue) earlier • Coarse particle recovery Fine particle recovery VISION Moving and processing only the mineral / metal 6

THE WATERLESS MINE Waterless processing CHALLENGE Around 75% of our current portfolio is located in high-water-risk regions APPROACH • Closed Loop water recycling • Evaporation control • Dry tailings disposal VISION Dry processing without the need for tailings dams 7

MODERN MINE Continuous, hard rock mining for safer, more economic mines Underground testing is advanced at our platinum mines MN220 Reef Miner (Pictured) Remote controlled disc cutting machine designed for mining narrow reefs of hard rock The Rapid Mine Development System (RMDS) Safely excavates low-profile tunnels with rapid access to ore Continuous haulage system (CHS) A remote controlled system to transfer bulk material from the RMDS to the fixed conveyors Slot Borer Platinum reef drilling system for drilling narrow vein hard rock ore body of just 1m-1.5m MN220 Reef Miner 8

MODERN MINE Transforming hard rock mining CHALLENGE Precise, continuous mining at depth APPROACH • Adapt disruptive technologies • Mechanise existing methods • Continuous hard rock cutting and materials movement VISION A safer, more economic mine 9

THE INTELLIGENT MINE A smart, connected, learning mine CHALLENGE To measure what matters – at all levels APPROACH • Predictive exploration and processing analytics • Predictive condition-based monitoring and maintenance VISION Predictive intelligence (from sensor to boardroom) 10

INNOVATION AND OUR APPROACH TO SUSTAINABILITY FUTURESMART MINING™ SHARED SUSTAINABLE VALUE SOCIAL ENVIRONMENTAL Broad innovative thinking Thriving Reduced Communities Footprints Collaborative partnerships Enabling technologies Trusted GOVERNANCE Partner CRITICAL FOUNDATIONS Sustainability Strategy Framework Operational excellence 11

SUSTAINABLE VALUE THROUGH INNOVATION INNOVATION MUST CREATE SHARED, SUSTAINABLE VALUE ACROSS THE ENTIRE MINING ECOSYSTEM • Consumer demand • Climate Change • Responsible divestment • Global markets ISSUES • Biodiversity • Societal expectations • Responsible sourcing & IMPACTS • Social • Environment • Land use • Water • Tailings • Governance • Licence to operate • Energy • Dust • Safety • Ore depletion • Acid rock damage VALUE atin CHAIN Move & Close Explore Mine Process Market or divest Local: Staff, Suppliers, Communities STAKEHOLDERS National/Regional: NGOs, Governments, Faith Groups • Local • National • Global Global: Customers, Multilaterals, Shareholders CRITICAL FOUNDATIONS Sustainability Strategy Framework Operational excellence Innovation 12

INNOVATION AND NEW WAYS OF WORKING 13 Source: The future of work: A journey to 2022, PWC. Deloitte Millennial Survey 2015. Five ways work will change in the future. The Guardian. Nov 2015.

THANK YOU 14

FUTURESMART MINING ™ 15