2. 2 Current trend: growing IPO market 52 IPOs since January 2010, raising a total of £6.7 bn Significant international transactions: –March 2010: African Barrick Gold, Main Market, raising £581m –April 2010: Bellzone Mining, AIM, raising £33.6m –May 2010: Essar Energy, Main Market, raising £1,273m –May 2010: Avangard, Main Market, raising £123m Recent listings: Souce: London Stock Exchange statistics, August 2010

3. 3 Mining companies at a glance UKInt’l*UKInt’l* No. of listed companies20178644 Market cap (£bn)207.9429.83.145.8 Total No. of IPOs 2000- 2010858542 Total IPO money raised (£m) 2000 – 20104,5681,960513359 Total no. of further issues 2000 – 20101172886361,969 Total further money raised (£m) 2000 – 201017,2331,7081,1035,409 Summary statistics Souce: London Stock Exchange statistics, September 2010 * By country of incorporation Main Market

4. 4 Significance of mining sector in London Sector distribution by market value Mining is the 3 rd largest sector on the Main Market by market value 37 mining companies, accounting for only 2.5% of all Main Market companies, take up 13% percent of the total market value of the Main Market Mining is the 2 nd largest sector on AIM by market value 130 mining companies, accounting for 10.4% of all AIM companies, take up 15% percent of the total market value of AIM Sector distribution by market value Source: London Stock Exchange Statistics, September 2010 Main Market

5. 5 London – a truly global mining market Country* distribution by No. of companies AIM is truly a globally focussed growth companies market. Many UK and Non-UK incorporated mining companies on AIM have their primary business operations outside the UK, with Mining companies on AIM operating across all major continents Region* distribution by No. of companies Source: London Stock Exchange Statistics, September 2010 *Country of incorporation Source: London Stock Exchange Statistics, September 2010 *Region of operation 17 international mining companies on our Main Market come from 10 countries, with greatest number of non-UK incorporated companies being domiciled in South Africa Main Market

6. 6 AIM has a large investor base for mining Source: Growth Company Research on Institutional Investors, December 2009

7. 7 Other New Admissions for AIM Mining in 2010 Broad mix of mining assets represented - Copper, Iron Ore, Gold, Coal AIM continues to support mining companies of all sizes Source: London Stock Exchange Statistics, July 2010

8. 8 AIM in 2010: Further capital for Miners £706m raised in further issues by mining companies on AIM Among the top ten, we see a strong showing by Africa, South America and Central Asian mining assets Source: London Stock Exchange Statistics, September 2010