Exxaro Resources Limited – Consolidated Mineral Resources and Mineral Reserves report 31 December 2023

adb

Air-dried basis

Ag

Silver

BC

Bottom coal

BLTO

Belfast licence to operate

BMM

Black Mountain Mining

CSA

Coal supply agreement

C&S

Crush and stack

Cu

Copper

CV

Calorific value

DMRE

Department of Mineral Resources and Energy

DMS

Dense medium separation

DWS

Department of Water and Sanitation

ECSA

Engineering Council of South Africa

ESG

Environmental, social and governance

ha

Hectare

IM

Inherent moisture

IPP

Independent power producer

IWUL

Integrated water use licence

JORC Code

Australasian Code for Reporting of Exploration Results, Mineral Resources and Mineral Ore Reserves, 2012

JSE

JSE Limited (founded in 1887 as the Johannesburg Stock Exchange)

kcal/kg

Kilocalories per kilogram

LoAP

Life of asset plan

LoM

Life of mine

LoMP

Life of mine plan

MJ/kg

Megajoules per kilogram

Mn

Manganese

MRM

Mineral Resource Management

MTIS

Mineable tonnes in situ

Mt/Mtpa

Million tonnes/per annum

NEMA

National Environmental Management Act, 1998 (Act 107 of 1998)

NEMWA

National Environmental Management: Waste Act, 2008 (Act 59 of 2008)

OC

Opencast mining method

OCCS

Open Cut Coal Solution (mine scheduling software)

OVB

Overburden

Pb

Promotion of Access to Information Act, 2002 (Act 2 of 2002)

POPIA

Lead

QAQC

Quality assurance and quality control

RODA

Risk and opportunity domain analysis

RoM

Run of mine

RPEEE

Reasonable prospects for eventual economic extraction

S

Sulphur

SACNASP

South African Council for Natural Scientific Professions

SAMREC

South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves, 2016

SANS

South African National Standard

SSCC

Semi-soft coking coal

TC

Top coal

TFR

Transnet Freight Rail

UG

Underground mining method

UGCS

Underground Coal Solution (mine scheduling software)

VM

Volatile matter

Zn

Zinc

Abbreviations