SOUTH AFRICA MANGANESE MAMATWAN SITE TOUR
Manganese Hotazel Manganese Mines (HMM) Metalloys 60% 40% 100% 74% Ntsimbintle Mining 9% NCAB Resources2 Iziko Mining2 HMM Eduion Trust 2 7% 5% 5% Mamatwan Wessels 26 SEPTEMBER 2016 MAMATWAN INVESTOR TOUR 100% 100% Empowerment partners 26%1 Notes: 1. Meeting the requirements of empowerment as defined by the Mining .