Sishen is a large–scale surface mine in the Northern Cape province of South Africa. The mine is operated by Kumba, which is 76.3% owned by Anglo American. Production in 2019 is expected to be just 0.3 Mt higher than in 2018 at 29.5 Mt. Kumba’s total production volumes decreased in Q1 2019 due to maintenance work but higher volumes in the second half of the year offset lower volumes in Q1. Sishen's production is expected to remain steady at 30 Mtpa for the life of the mine. We expect 2019 C1 costs at Sishen to rise in local currency terms but to be in line with last years costs of US$35.10/tonne due to a weaker Rand. Kumba continues to seek savings from equipment optimisation, and efficiency and productivity improvements and will achieve its 2019 cost-saving targets. To extend the life of asset beyond 20 years, Kumba is progressing its ultra-high dense media separation (UHDMS) project at Sishen and the feasibility study was 80% complete at the end of June 2019.