Mirabela Mineração Information

The Santa Rita Operation consists of a simple, low cost, open pit drill and blast, load and haul mining operation which feeds a conventional, low technology nickel sulphide concentration plant. The expected mine life is approximately 20 years remaining reserves, based on the current ore reserves. The operation is well located, close to key infrastructure, including power, water and transport. It is approximately 260km southwest of Salvador, the capital of Bahia in Brazil, approximately 6km from the town of Ipiaú, which supplies the majority of the operation’s workers and 140km from Ilhéus, one of the deepwater ports from which Mirabela exports its nickel concentrate. The other port being Salvador. We are committed to fostering a culture of prevention and sustainable occupational health and safety (OHS). As a key business driver, continual improvements in safety performance at Santa Rita are a long-term strategic imperative. Mirabela’s safety performance was one of the most outstanding outcomes for 2013 and continues to excel by industry standards. The 12-month moving average Lost Time Injury Frequency Rate (LTIFR) of 0.57 represented a 17.4% reduction over last year. The company contributes to regional development by way of pass-through taxes, donations and in-kind assistance. Our community investment policy provides for those areas of the community that require most support – education, health and public safety. For the year under review, Mirabela has had no environmental incidents to report and is not aware of any breaches of relevant environmental legislation. To promote transparency of compliance, Mirabela is periodically monitored by the Environment Institute, INEMA. In addition, the company also participates in the audits of the Technical Environmental Guarantee Commission.