Pr oject Communities Xstrata Nickel T anzania Kabanga Pr oject Dodoma Mwanza Dar es Salaam Ngara KENY A BURUNDI ZAMBIA R W ANDA T ANZANIA Indian Ocean Lake V ictoria K a ba nga P r o j e ct T anzania – Ngara District, Kagera Our Kabanga pr oject has achieved mor e than 2.5 years without a lost-time injury . Gr owth plans ar e also underway in northwester n T anzania, just southwest of Lake V ictoria and near the Burundi bor der . W e have enter ed into a 50-50 joint ventur e with the Barrick Gold Corporation to further explor e the r egion with a pr oposal to open the Kabanga Nickel mine. The pr oject is expected to fnalize a draft feasibility study in 2012 and a social and envir onmental impact assessment is simultaneously being pr epar ed for submission to the Gover nment of T anzania in 2012. W e wer e granted a fve-year r etention license by the gover nment in 2009 that allows us to keep our title to the pr operty while the appr ovals ar e being obtained and plans ar e fnalized. W e have estimated that 37.2 million tonnes grading 2.63% nickel and an inferr ed r esour ce of 21 million tonnes grading 2.6% nickel lay beneath our pr operty . Contingent upon the r esults of the feasibility study , the operation may be capable of pr oducing mor e than 40,000 tonnes per year of nickel-in-concentrate at full pr oduction. Kabanga Nickel has a str ong commitment to community engagement and has worked collaboratively with the Regional, District and V illage level of gover nments and communities during the exploration and evaluation phases of the pr oject. W e plan to build on these successful r elationships during the next phases of the pr oject.