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Properties

Saxendrift & South Bank Middle Orange River Operations

Overview Holpan-Klipdam Property, South Africa Wouterspan Property, South Africa Makoenskloof Property, South Africa Saxendrift & South Bank Middle Orange River Operations

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The acquisition of Saxendrift and the South Bank Middle Orange River Operations from Trans Hex was concluded in April 2008. The operations and properties include the Saxendrift and Niewejaarskraal open pit alluvial mines and three exploration projects, are located along the south bank of the Middle Orange River. Saxendrift and Niewejaarskraal are adjacent to Wouterspan, which is located on the north bank of the Middle Orange River. The properties offer Rockwell the opportunity to maximize existing infrastructure and operational synergies.

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Phase 1 of a two-phase development plan for alluvial diamond operations at the Saxendrift Mine has been completed. The Phase 1 activities included:

Re-commissioning of a 35 tonne per hour Dense Media Separation Plant ("DMS");
Repairing and re-commissioning the gravel screening and rotary-pan plants (including three 16-foot and one 14-foot rotary-pans) located near the north-eastern margin of the Saxendrift terrace;
Refurbishing and re-commissioning the Flow-sort X-ray final recovery unit; and
Setting in place mining and earth moving equipment with sufficient capacity to deliver gravels to the two metallurgical plants. Equipment drawn from the Company's three other operations, supplemented by that acquired from MORO and the purchase of a new Komatsu 475 bulldozer.

Good progress has also been made in Phase 2 of the Saxendrift re-development plan. Phase two comprises the construction and commissioning of a new Wet Plant. Full scale pre-commissioning trials of the new final-recovery facility began on September 25th, three weeks well ahead of schedule.

The wet plant will include:

High volume trommel screening units;
Four scrubbers feeding four 18-foot rotary-pan plants;
Puddle-density control systems, cyclone de-sanding, and a water reticulation system;
A refurbished X-ray flowsort system; and
A hands-off final recovery system.