12. TECHNICAL-ECONOMIC PARAMETERS

12.5 Coal – Grootegeluk Mine

Table 12.6 Grootegeluk Mine: Projected TEPs – Scenario I
From	To	Saleable Products				Real Expenditures
		Eskom	Coking	Steam/	Total	Cash	Capital
		Coal	Coal	Other coal	Sales	Cost	Allowance	Total
		(Mt)	(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	14.6	2.6	1.5	18.8	1,120	296	1,416
2007	2007	14.5	3.3	1.7	19.5	1,254	282	1,535
2008	2008	14.5	3.3	1.7	19.5	1,106	145	1,251
2009	2009	14.5	3.1	1.7	19.3	1,016	196	1,213
2010	2010	14.6	3.1	1.7	19.3	1,039	175	1,213
2011	2015	72.7	15.4	8.5	96.6	5,225	623	5,849
2016	2020	72.1	16.5	8.6	97.3	5,471	698	6,169
2021	2024	56.9	13.8	6.9	77.6	4,482	706	5,187
Total		274.4	61.2	32.3	367.9	20,712	3,121	23,833

Table 12.7 Grootegeluk Mine: Projected TEPs – Scenario II
From	To	Saleable Products				Real Expenditures
		Eskom	Coking	Steam/	Total	Cash	Capital
		Coal	Coal	Other coal	Sales	Cost	Allowance	Total
		(Mt)	(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	14.6	2.6	1.5	18.8	1,120	296	1,416
2007	2007	14.5	3.3	1.7	19.5	1,254	282	1,535
2008	2008	14.5	3.3	1.7	19.5	1,106	145	1,251
2009	2009	14.5	3.1	1.7	19.3	1,016	196	1,213
2010	2010	14.6	3.1	1.7	19.3	1,039	175	1,213
2011	2015	72.7	15.4	8.5	96.6	5,225	623	5,849
2016	2020	72.1	16.5	8.6	97.3	5,471	698	6,169
2021	2025	71.2	17.2	8.6	97.0	5,597	771	6,368
2026	2030	69.6	17.7	8.7	96.1	5,927	561	6,488
2031	2035	69.3	16.0	8.8	94.1	5,685	638	6,323
2036	2040	70.7	14.6	8.7	94.1	5,356	551	5,907
2041	2045	71.1	15.0	7.8	93.9	5,497	238	5,735
Total		569.4	128.0	68.2	765.6	44,292	5,174	49,467

12.6 Coal - Leeuwpan Mine

Table 12.8 Leeuwpan Mine: Projected TEPs
From	To	Saleable Products			Real Expenditures
		Steam	Metallurgical/	Total	Cash	Capital
		Coal	Export Coal	Sales	Cost	Allowance	Total
		(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	1.2	1.9	3.1	166	61	227
2007	2007	1.2	1.9	3.1	161	43	203
2008	2008	1.2	2.0	3.2	200	33	233
2009	2009	1.2	2.0	3.2	201	42	242
2010	2010	1.2	2.0	3.2	218	19	238
2011	2015	5.9	10.0	15.9	1,140	143	1,283
2016	2020	6.0	9.6	15.6	909	119	1,028
2021	2025	6.0	9.6	15.6	909	139	1,048
2026	2030	5.4	8.7	14.0	977	118	1,095
2031	2035	5.5	8.7	14.2	1,165	58	1,223
Total		34.7	56.4	91.0	6,045	776	6,821

12.7 Coal - Tshikondeni Mine

The residual values of process plant and equipment at Tshikondeni Mine as at 31 December 2005 for the Material Properties related to the unbundling of Kumba from Iscor (now Mittal Steel) were ZAR266m. This amount is repaid by Mittal Steel to Tshikondeni Mine over an agreed period as an annual depreciation charge. The price received by Tshikondeni Mine for coking coal supplied to Mittal Steel is calculated as the total cost of production including depreciation, plus a management fee of 3%.

Table 12.9 Tshikondeni Mine:Projected TEPs
From	To	Saleable Products	Real Expenditures
		Coking	Cash	Capital
		Coal	Cost	Allowance	Total
		(kt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	400	253	55	308
2007	2007	393	241	33	274
2008	2008	396	242	26	267
2009	2009	377	241	28	268
2010	2010	418	252	41	293
2011	2011	438	254	27	281
2012	2012	424	253		253
2013	2013	308	235		235
2014	2014	93	112		112
Total		3,246	2,081	210	2,290

12.8 Coal - Arnot Colliery

Table 12.10 Arnot Colliery: Projected TEPs
From	To	Saleable Products		Real Expenditures
			Eskom
		Eskom	contractual	Working
		Coal	costs	costs	Capex	Total
		(Mt)	(ZARm)	(ZARm)	(ZARm)	(ZARm)
2006	2006	5.0	42.1	407	61	468
2007	2007	5.0	41.5	392	30	422
2008	2008	5.0	41.2	389	66	455
2009	2009	5.2	43.5	401	62	463
2010	2010	5.4	45.1	416	18	434
2011	2015	27.0	224.6	2,080	228	2,308
2016	2020	14.5	138.8	1,172	25	1,197
Total		67.1	576.7	5,257	491	5,747

12.9 Coal - Matla Colliery

Matla Colliery is an Eskom tied colliery – all environmental rehabilitation costs and capital expenditure costs are borne by Eskom.

Table 12.11 Matla Colliery: Projected TEPs
From	To	Saleable Products		Real Expenditures
			Eskom
		Eskom	contractual	Working
		Coal	costs	costs	Capex	Total
		(Mt)	(ZARm)	(ZARm)	(ZARm)	(ZARm)
2006	2006	13.1	112.2	664	276	940
2007	2007	13.2	110.3	659	205	864
2008	2008	13.7	110.3	674	118	792
2009	2009	13.4	107.6	681	105	786
2010	2010	13.5	106.2	686	102	788
2011	2015	68.1	507.0	3,468	561	4,029
2016	2020	70.9	480.8	3,682	394	4,076
2021	2025	51.5	386.6	3,176	192	3,368
2026	2030	30.2	399.5	2,242	229	2,471
2031	2032	2.1	177.4	249		249
Total		289.8	2,498.0	16,181	2,183	18,363

12.10 Coal - New Clydesdale Colliery

Table 12.12 New Clydesdale Colliery: Projected TEPs
From	To	Saleable Products				Real Expenditures
		Export	Inland	Inland	Total	Working
		A grade	A grade	D grade	Sales	costs	Capex	Total
		(Mt)	(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	1.1		0.7	1.8	293	24	317
2007	2007	1.1		0.7	1.7	273	55	328
2008	2008	1.0		0.5	1.5	224	16	241
2009	2009	1.2	0.1		1.3	191	14	204
2010	2010	1.2	0.1		1.3	197	17	213
2011	2011	1.2	0.1		1.3	209	6	215
2012	2012	1.2	0.1		1.3	198	6	203
Total		7.8	0.5	1.9	10.2	1,585	137	1,722

12.11 Coal - North Block Complex

Table 12.13 North Block Complex: Projected TEPs
From	To	Saleable Products			Real Expenditures
		Eskom	Metallurgical	Total	Working
		Coal	Coal	Sales	costs	Capex	Total
		(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	1.78	0.32	2.10	149	7	156
2007	2007	1.47	0.37	1.84	128	6	134
2008	2008	0.93	0.04	0.97	81	4	85
2009	2009	0.99		0.99	66	3	69
2010	2010	0.99		0.99	66	12	78
2011	2011	0.73		0.73	56		56
Total		6.90	0.73	7.63	547	32	580

12.12 Coal - Sintel Char Project

Table 12.14 Sintel Char Project: Projected TEPs
From	To	Saleable Products		Real Expenditures
		Lumpy	Char	Working
		Char	(<20mm)	costs	Capex	Total
		(kt)	(kt)	(ZARm)	(ZARm)	(ZARm)
2006	2006			3	93	96
2007	2007	30.8	2.5	33	73	107
2008	2008	118.7	9.6	99	15	114
2009	2009	138.2	11.1	103		103
2010	2010	138.5	11.2	103		103
2011	2015	690.2	55.7	515	5	520
2016	2020	696.3	56.2	516	5	521
2021	2025	693.5	55.9	518	5	523
Total		2,506.2	202.1	1,890	195	2,085

12.13 Coal - Inyanda Project

Table 12.15 Inyanda Project: Projected TEPs
From	To	Saleable Products	Real Expenditures
		Export	Working
		Steam	costs	Capex	Total
		(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006			46	46
2007	2007	0.7	116	158	273
2008	2008	1.0	166	13	178
2009	2009	1.0	164	15	179
2010	2010	1.0	162	14	176
2011	2015	5.0	812	12	824
2016	2018	1.8	302		302
Total		10	1,721	257	1,979

12.14 Coal - MafubeJV Phase II Project

Table 12.16 Mafube JV Phase II Project: Projected TEPs – Scenario I
From	To	Saleable Products			Real Expenditures
		Export	Eskom	Total	Cash
		Steam	Midlings	Sales	Cost	Capex	Total
		(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006					295	295
2007	2007	0.7	0.5	1.2	218	1,119	1,337
2008	2008	2.7	1.9	4.6	470	365	835
2009	2009	2.8	1.8	4.5	494	1	495
2010	2010	2.9	1.9	4.8	526	1	527
2011	2015	15.0	9.1	24.1	2,692	374	3,066
2016	2021	16.1	17.1	33.1	3,409	33	3,344
Total		40	32	72.3	7,810	2,188	9,998

Table 12.17 Mafube JV Phase II Project: Assumed TEPs – Scenario II
From	To	Saleable Products			Real Expenditures
		Export	Eskom	Total	Cash
		Steam	Midlings	Sales	Cost	Capex	Total
		(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006					525	525
2007	2007	0.7	0.5	1.2	205	756	961
2008	2008	2.7	1.9	4.6	465	408	873
2009	2009	2.8	1.8	4.5	489	1	490
2010	2010	2.9	1.9	4.8	520	1	520
2011	2015	15.0	9.1	24.1	2,657	374	3,032
2016	2020	15.0	16.1	33.1	3,210	112	3,322
2021	2026	17.6	18.9	36.5	3,836	19	3,854
Total		57	50	107	11,382	2,195	13,578

12.15 Coal - Belfast Project

Table 12.18 Belfast Project: Projected TEPs
From	To	Saleable Products			Real Expenditures
		Export	Eskom	Total	Cash
		Steam	Midlings	Sales	Cost	Capex	Total
		(Mt)	(Mt)	(Mt)	(ZARm)	(ZARm)	(ZARm)
2006	2006
2007	2007
2008	2008	0.1	0.1	0.2	39	122	160
2009	2009	0.4	0.3	0.7	101	4	104
2010	2010	1.0	0.6	1.7	226	4	230
2011	2015	5.9	3.6	9.6	1,281	18	1,299
2016	2020	4.8	2.9	7.7	1,017	15	1,032
2021	2025	7.1	4.4	11.5	1,517	22	1,539
2026	2030	3.7	2.2	5.9	783	4	787
2031	2035	2.5	1.5	4.0	533		533
Total		25.7	15.7	41.3	5,497	188	5,685

12.16 Coal - Ingcambu Project

Table 12.19 Ingcambu Project: Projected TEPs
From	To	Saleable Products		Real Expenditures
		Export	Eskom	Working
		Steam	Midlings	costs	Capex	Total
		(kt)	(kt)	(ZARm)	(ZARm)	(ZARm)
2006	2006	245.5	371.5	81		81
Total		245.5	371.5	81	–	81