| Aquarius |
Aquarius Platinum Limited |
| ABET |
Adult Basic Education Training programme |
| APS |
Aquarius Platinum Corporate Services Pty Ltd |
| APQSA |
Aquarius Platinum (South Africa) Pty Ltd |
| ASACS |
Aquarius Platinum (SA) (Corporate Services) (Pty) Limited |
| ASX |
Australian Stock Exchange |
| Bushveld
Complex |
A geological region, internationally recognised for its PGM and chromite deposits, located in South Africa |
| Concentrate |
The final product containing PGM which is sold. Other platinoids ruthenium and iridium are also contained in the concentrate as payable metals, as are the base metals copper and nickel |
| Decline |
A shallow dipping mining excavation used to access the ore body |
| DIFR |
Disabling Injury Incidence Rate – being the number of lost time injuries expressed as a rate per 1,000,000 man-hours worked |
| DIIR |
Disabling Injury Incidence Rate - being the number of lost time injuries expressed as a rate per 200,000 man-hours worked |
| DMS |
Dense
Media Separation - method of separating UG2 reef
from waste using differences in their density |
| EMPR |
Environmental Management Programme Report |
| Everest |
Everest Platinum Mine |
| Great Dyke Reef |
A PGE bearing layer within the Great Dyke Complex in Zimbabwe |
| Flotation |
The
process that recovers the PGM bearing minerals
into a concentrate |
| g/t PGM |
Grams per tonne, measurement unit of grade (1 g/t = 1 part per million) |
| JSE |
JSE Securities Exchange South Africa |
| JORC code |
Australasian code for reporting of Mineral Resources and Ore Reserves |
| Kroondal / KPM |
Kroondal Platinum Mine |
| LHD |
Load Haul Dump machine |
| LSE |
London Stock Exchange |
| Marikana |
Marikana Platinum Mine |
| Milling |
Grinding
of ore into fine particles to liberate the PGM |
| Mimosa |
Mimosa Mining Company (Private) Limited |
| Moz |
Million
ounces. |
| Mt |
Million
tonnes. |
| NOSA |
National Occupational Safety Association |
| Ounce |
Troy
ounce (31.1 grams) |
| PGE(s)(6E) |
Platinum Group Elements. Six metallic elements commonly found together which constitute the platinoids. These are platinum (Pt), palladium (Pd), rhodium (Rh), ruthenium (Ru), osmium (Os) and iridium (Ir) |
| PGM(s)(4E) |
Platinum Group Metals. Aquarius reports the composite grade comprising Pt+Pd+Rh+Au (gold), the Pt, Pd and Rh being the most economic platinoids in the UG2 Reef |
| PGE(s)(5E+Au) |
Platinum Group Metals. Five metallic elements commonly found together which constitute the payable platinoids plus gold. These are platinum (Pt), palladium (Pd), rhodium (Rh), ruthenium (Ru), iridium (Ir) and gold (Au) |
| PGM Basket |
The
relative proportions of platinum (59%), palladium
(30%), rhodium (10%) and gold (1%), typically
contained in UG2 concentrate |
| P&SA1 |
Pooling & Sharing Agreement between AQPSA and RPM Ltd. on Kroondal |
| P&SA2 |
Pooling & Sharing Agreement between AQPSA and RPM Ltd. on Marikana |
| R |
South African Rand |
| Refining |
The
separation and purification of the individual
PGM and platinoids |
| RK1 |
Consortium comprising Aquarius Platinum (SA) (Corporate Services) (Pty) Limited (ASACS), GB Mining and Exploration (SA) (Pty) Limited (GB) and Sylvania South Africa (Pty) Ltd (SLVSA) |
| ROM |
The
ore that is delivered from the mine to the process
plant, consisting of UG2 reef and waste |
| RPM |
Rustenburg Platinum Mines Limited |
| SAMREC |
Sets
out minimum standards, recommendations and guidelines
for Public Reporting of exploration results, Mineral
Resources and Mineral Reserves in South Africa |
| Smelting |
PGM
concentrate is melted with fluxes to produce metallic
matte which is fed to the refining process |
| TKO |
TKO Investment Holdings Limited |
| Ton |
1 Metric tonne (1 000kg) |
| UG2 Reef |
A PGE bearing chromite layer within the Critical Zone of the Bushveld Complex |
| $ |
United States Dollars |
| Z$ |
Zimbabwe Dollar |
