Resources & Reserves

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Resources & Reservesas at 31 December 2020ContentsPage numberAbout this report3Definitions5Metals and Minerals:Copper6Zinc14Nickel26Ferroalloy s28Aluminium/Alumina32Iron ore33Energy productsCoal36Oil46Competent Persons472About this reportWe report our Resources and Reserves in accordance with the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code), the 2016 edition of the South African Code for Reporting of Mineral Resources and Mineral Reserves (SAMREC), the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves (2014 edition) and the Petroleum Resources Management System (PRMS) for reporting oil and natural gas Reserves and Resources . The term Ore Reserves , as defined in Clause 28 of the JORC Code, has the same meaning as Mineral Reserves as defined in the CIM Definition Standards for Mineral Resources and Mineral resource and reserve data in the following tables are as at 31 December 2020, unless otherwise noted.

Coal resources have been estimated for all coal seams that have reasonable prospects for eventual economic extraction by open cut or underground mining methods within mining leases or exploration licences. In general, Coal Resources are reported within a geoshell limited by the areal and depth extent of the drill holes; i.e. there is very little

  Resource, Cola, Coal resources