Mintails Mining

Mintails Limited is a company listed on the Australian Stock Exchange (ASX). The name Mintails is a direct description of its original mining activities, which were the processing and production of gold from ‘the mining of tailings’. Most of the tailings being processed are located on the West Rand of the Witwatersrand Basin, near Johannesburg, South Africa. Hard rock mining Recently, Mintails acquired its own hard rock gold resources. Its mining operations for the future will focus on processing historical tailings as well as higher grade hard rock material to deliver the company’s gold output. Mogale gold plants Mintails has two gold plants situated at its Mogale mining complex. Total capacity of the two gold plants combined is circa 500,000 tons of material per month. The two gold plants are commonly known as “Gold 1” (150,000 tonnes capacity) and “Gold 2” (350,000 tonnes capacity). The Gold 2 plant has been in care maintenance for the past 18 months. Land rehabilitation Mintails plays an important role in addressing the rehabilitation requirements on the Witwatersrand Basin resulting from historic mining legacies. Mintails is developing a single solution on the West Rand for multiple tailings facilities by mining historical tailings and depositioning these into a single deposition facility identified for permanent closure. In addition there are a large number of un-rehabilitated mine shafts and open holings on surface. Through open cast mining, Mintails is removing the on-surface reef outcrops and stabilising the land, allowing the safe use of these areas for the surrounding communities. Through the combination of our mining and rehabilitation aspirations, Mintails has substantial potential to deliver significant shareholder value and to leave a lasting legacy on the West Rand.