Challenges

Built-up head grade 2012
6.4% reduction


Cash operating cost
per tonne milled

10.4% increase

R864/tonne

  Cash operating cost
per platinum ounce

19% increase

R11 775 Pt/oz


Cash position


Headline earnings per share
37.8% reduction
104 cents
  4E PGM
ounces (4E)

4.4% decrease