Ferrous Metals

Iron Ore: Kumba Iron Ore

The Ore Reserve and Mineral Resource estimates were compiled in accordance with The SAMREC Code, 2007. Rounding of figures may cause computational discrepancies. The Mineral Resources are reported as inclusive of those Mineral Resources modified to produce the Ore Reserve figures, i.e. the Ore Reserves are included in the Mineral Resource figures. The figures reported represent 100% of the Ore Reserves and Mineral Resources, the percentage attributable to Anglo American plc is stated separately.

Iron Ore
Ore Reserves
Attributable   Tonnes
million
Grade
Saleable product
million tonnes
% Classification 2007 2006 2007 2006 2007 2006
Sishen Iron Ore Mine (OP)(1) 36.9 %Fe %Fe
Proved 805 813 59.5 58.1 598@65.2% Fe 567@65.8% Fe
Probable 227 241 60.0 57.2 174@65.3% Fe 226@63.9% Fe
Total 1,033 1,054 59.6 57.9 772@65.2% Fe 793@65.3% Fe
Thabazimbi Iron Ore Mine (OP)(2) 46.9 %Fe %Fe
Proved 8 7 62.9 61.6 7@63.5% Fe 6@64.5% Fe
Probable 1 2 62.7 60.9 1@63.1% Fe 2@63.9% Fe
Total 9 10 62.9 61.4 8@63.4% Fe 8@64.3% Fe
Sishen South Iron Ore Project (OP)(3) 46.9 %Fe %Fe
Proved 98 134 64.7 65.4 98@64.7% Fe
Probable 78 31 63.6 64.2 78@63.6% Fe
Total 176 166 64.2 65.2 176@64.2% Fe
Iron Ore
Mineral Resources
Attributable   Tonnes
million
Grade
% Classification 2007 2006 2007 2006
Sishen Iron Ore Mine (OP) 36.9 %Fe %Fe
Within Pit(1)   Measured 920 1,398 60.5 57.0
  Indicated 187 422 59.0 56.2
  Measured and Indicated 1,107 1,819 60.2 56.8
  Inferred in Mine Plan 5 62.4
Outside Pit(4)   Measured 618 115 55.2 64.6
  Indicated 588 266 58.6 64.3
  Measured and Indicated 1,206 381 56.9 64.4
  Inferred 110 61.0
Thabazimbi Iron Ore Mine (OP) 46.9 %Fe %Fe
Within Pit(2)   Measured 11 8 61.8 62.1
  Indicated 2 3 62.4 61.4
  Measured and Indicated 13 11 61.9 61.9
  Inferred in Mine Plan 0 61.6
Outside Pit(5)   Measured 18 12 62.4 62.2
  Indicated 5 14 63.4 61.8
  Measured and Indicated 23 27 62.6 62.0
  Inferred 3 63.4
Sishen South Iron Ore Project (OP) 46.9 %Fe %Fe
Within Pit(6)   Measured 115 122 66.1 65.7
  Indicated 70 61 65.6 65.2
  Measured and Indicated 185 183 65.9 65.5
  Inferred in Mine Plan
Outside Pit(7)   Measured 31 35 65.6 64.6
  Indicated 56 88 64.3 64.5
  Measured and Indicated 87 123 64.8 64.5
  Inferred 10 63.4
Zandrivierspoort Project (OP) 23.5 %Fe %Fe
  Measured
  Indicated 447 447 34.9 34.9
  Measured and Indicated 447 447 34.9 34.9
  Inferred

Mining method: OP = Open Pit.

The tonnage is quoted as metric tonnes and abbreviated as Mt for million tonnes.

(1) Sishen Iron Ore Mine: New economic assumptions and revised Optimistic Pit shell applied.

(2) Thabazimbi Iron Ore Mine: New economic assumptions and revised Optimistic Pit shell applied.

(3) Sishen South Iron Ore Project – Ore Reserves: The process of converting Mineral Resources to Ore Reserves is time-consuming and as the geological model update was only completed late in 2007, the Ore Reserves reported are based on previous geological models. Globally the Mineral Resource estimates between the two models are similar with local variations which could impact the Ore Reserve estimates when updated in 2008.

(4) Sishen Iron Ore Mine – Outside Pit: Previously reported as ‘Underground’. Updated economic assumptions and a change in the long term outlook on exploitation of these resources resulted in the underground option no longer being considered.

(5) Thabazimbi Iron Ore Mine – Outside Pit: Previously reported as ‘Underground’. Updated economic assumptions and a change in the long term outlook on exploitation of these resources resulted in the underground option no longer being considered.

(6) Sishen South – Within Pit: Based on new geological models and a Mineral Resource update late in 2007.

(7) Sishen South – Outside Pit: Previously reported as ‘Underground’. Updated economic assumptions and a change in the long term outlook on exploitation of these resources resulted in the underground option no longer being considered.