A Tiger in the Congo. Charles Brown, COO, S.E.K SPRL, Katanga Province, D R Congo

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1 A Tiger in the Congo Charles Brown, COO, S.E.K SPRL, Katanga Province, D R Congo

2 Disclaimer Forward-Looking Statements This presentation contains forward-looking information, which is based on assumptions and judgments of management regarding future events and results. Such forward-looking information, including but not limited to information with respect to the potential expansion of resources at Kipoi, production and expected recoveries from the Stage 1 mining, HMS and spiral system operation, and development of a Stage 2 SX-EW plant at Kipoi, involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any anticipated future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the actual market prices of copper, the actual results of current exploration, the availability of equity and debt financing, the volatility currently being experienced in global financial markets, the actual results of future mining, processing and development activities and changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's filings. Competent Person s Statement Disclaimer The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Brad Marwood, who is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr Marwood is a Director of the Company. Mr Marwood has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Marwood consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

3 SEK SPRL Copper producer in the Democratic Republic of Congo (DRC) Continually delivering above nameplate capacity at Kipoi Copper Project The ASX s fourth largest copper producer (behind OZL, PNA, SFR) Moving towards 50,000t copper cathode producer On track to achieve 41-43,000t copper in concentrate for CY2013 US$704M of copper contained in stockpiles

4 Kipoi HMS Operations Stage 1 HMS Guidance Production guidance (Cu) 41-43,000t 21,000t Cash operating cost forecast $0.48/lb $0.30/lb Remaining life of HMS operation 14 months 1H 2013 production (Cu) 20,604t June 2013 record production 4,442t 6 th quarter above nameplate capacity

5 KKIPOI MINE

6 Kipoi Stockpiles $704m of Copper Category Tonne s Grade Contained Cu Value Floats 0.8M 3.2% 25.4kt Cu $176m Slimes 0.8M 3.3% 25.5kt Cu $176m High Grade ROM 0.3M 5.9% 17.6kt Cu $122m Medium Grade ROM 0.5M 2.8% 13.2kt Cu $92m Low grade ROM 1.8M 1.1% 20.0kt Cu $138m Total 4.2M 2.5% 101.7kt Cu $704m 1 Stockpiles are reported as at 30 June The value of contained copper in stockpiles is calculated before copper recovery from the Stage 2 SXEW operation (life of mine average recovery of the Stage 2 SXEW operation is 85%) based on the LME copper price as at 25 July 2013 of $6,927/t

7 Over View of Kipoi Site Slimes Floats Medium Grade High Grade Low Grade

8 Kipoi Stage 2 SXEW SXEW Highlights After-tax free cashflow NPV 8 $680m $378m Phase 1 Capex Phase 1 Capex spent Life of mine $161m ($145m committed) $60m $385m Site cash operating costs Life of Stage 2 $0.72/lb ( ) $1.13/lb (LOM) 9 years

9 Kipoi Stage 2 SXEW EW Building SX Plant Raw Water Pond 5MVA Substation

10 Corporate Responsibility Women & Children Health Initiative Hospital fit-out Construction of 2 schools, power, water, internet, university support programs Co-operative farming Co-ordinated focus with community, elders and leaders

11 Lupoto Prospecting Licence (140 sq kms ) 100% Tiger Combined Indicated and Inferred Resource of 168,000t Cu Indicated Resource of 1.39% Cu containing 134,000t Cu (and 5,000t of cobalt) Inferred Resource of 1.21% Cu containing 34,000t Cu (and 1,000t of cobalt) Complete Feasibility Study in 2013

12 Summary Delivering operationally with six consecutive quarters of production above nameplate Upgraded guidance for CY13 of 41-43,000t of copper in concentrate at $0.48/lb The ASX s fourth largest copper producer (behind OZL, PNA, SFR) HMS rejects and ore stockpiles available as first feed to the Stage 2 SXEW contain 101,600 tonnes of copper currently valued at $704 million Significant potential to extend Stage 2 SXEW mine life Moving towards 50ktpa copper producer

13 Appendix I Detailed Kipoi Resource Kipoi Resource Type Mt Cu Grade Co Grade Cu (kt) Co (kt) Kipoi Central Measured % 0.1% Kipoi Central Indicated % 0.1% Kipoi North Indicated % 0.05% Kileba Indicated % 0.05% Total Measured and Indicated % 0.07% Kipoi Central Inferred % 0.1% 82 9 Kipoi North Inferred % 0.03% 12 0 Kileba Inferred % 0.04% 27 1 Total Inferred % 0.01% Notes: 1. Mineral Resource depleted to 31 December Mineral Resource is inclusive of the Mineral Reserve

14 Appendix II Detailed Kipoi Reserve Kipoi Stage 2 SXEW Reserve Type Mt Cu Grade Cu (kt) Kipoi Central Probable % 186 Kileba Probable % 98 Kipoi North Probable % 24 Total Probable % 308 Kipoi Central Stockpiles Probable % 137 Total Probable % 445 Kipoi High Grade Zone (included in Kipoi Central above) Type Mt Cu Grade Co Grade Cu (kt) Co (kt) Kipoi Central Proven % 0.3% Kipoi Central Probable % 0.3% TOTAL % 0.3% Notes: 1. Kipoi Central High Grade Zone (Mineral Reserve) depleted to 31 December 2012

15 Appendix III Detailed Lupoto (Sase Central) Resource Classification Category Tonnes (mt) Copper (%) Cobalt (%) Copper (000't) Cobalt (000't) Indicated Oxide Transitional Sulphide Total- Indicated Inferred Oxide (In-situ) Transitional (In-situ) Sulphide (In-situ) Total- Inferred