MINING & CONSTRUCTION - clearasset.co.za. Anyone that intends to bid at the auction must register his or her identity on the bidder’s record prior to the commencement of the auction

MINING & CONSTRUCTION

ONLINE AUCTION Bidding closes 30th October 2014 @ 15H00

(SA Time)

View stock online www.clearasset.co.za Registration & FICA Noloyiso Gusha / Zarina Hendricks

021 418 2630

[email protected] [email protected]

General Enquiries Ariella Kuper 079 8999 998

[email protected]

Refundable registration deposit R10,000

VIEWING:

Sibanye Gold – 27 – 29th October – 09h00 – 14h00

Anglo Kumba Tahazimbi I/O – By Appointment

Diesel Power – Benoni – 27 - 29 October

Diesel Power – Various Locations – By Appointment

Implats – By Appointment

Contact: Neels Olivier: 082 3217 079

FULL PPE MUST BE WORN DISCLAIMER: Whilst all reasonable care has been taken to obtain the correct information, neither Clear Asset, nor any of its subsidiaries

and related companies, nor the Sellers, guarantee the correctness of the information, and none of the aforementioned will

be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information supplied, whether due to the negligence or otherwise of Clear Asset, its subsidiaries and

related companies, the Sellers or any other person.

RULES OF AUCTION

and

CONDITIONS OF SALE

END DATE OF ONLINE AUCTION: 30th October 2014

AUCTION CLOSES AT: 15h00(South African time)

CLEAR ASSET (PTY) LIMITED (the“AUCTIONEER”)

1. AUCTION RULES AND PROCEDURE

1.1. All sales are subject to a reserve price unless otherwise stated.

1.2. The rules of auction comply with section 45 of the Consumer Protection Act, Act 68 of 2008 (“the Act”) and with the Consumer Protection Act Regulations (“the Regulations”) that have been published in terms thereof in Government Gazette No. 34180 on 1 April 2011 (Volume 550) and any amendments thereto from time to time.

1.3. Section 45 subsection (2) of the Act provides that: “When goods are put up for sale by auction in lots, each lot is, unless there is evidence to the contrary, regarded to be the subject of a separate transaction.”

1.4. The auction will commence at the published time and will not be delayed to allow any specific person or more persons to take part in the auction.

1.5. Registration:

Bidders are required to register to bid at the auction and will be required to pay a refundable

deposit of R10 000.00 before commencement of the auction.

Account Name: Clear Asset (Pty) Ltd - Banking Details:Clear Asset Pty Ltd, Standard Bank,

Trust Account number: 070 218 943, Branch: Thibault Square, Branch Code: 02 09 09 – Swift

Address: SBZAZAJJ

1.5.1. The deposit will be refunded to the bidder upon completion of the auction, provided that the bidder was not the highest bidder on any item that was sold at the auction, in which case it will be applied towards settlement of the amount/s due in respect of the items purchased.

1.5.2. Anyone that intends to bid at the auction must register his or her identity on the bidder’s record prior to the commencement of the auction and such registration must meet the requirements of FICA (Financial Intelligence Centre Act, 2001) in respect of the establishment and verification of identity of the person and the person must sign the registration entry and in particular must include the following information:

1.5.2.1. Full name/s of the bidder; 1.5.2.2. Identity / passport / registration number; 1.5.2.3. Age (individuals); 1.5.2.4. Physical address; 1.5.2.5. Internet protocol address; 1.5.2.6. Login code and password (if applicable); 1.5.2.7. Details of the means by which payment will be affected. Contact Noloyiso Gusha on 021 418 2630 - [email protected]

1.5.3. A person who intends to bid on behalf of another person (i.e. on behalf of a company) must produce a letter of authority that expressly authorises him or her to bid on behalf of that person and that person and the person bidding on his or her behalf must meet the requirements set out in clause 1.5.1 above. Where a person is bidding on behalf of a company the letter of authority must appear on the letterhead of the company and must be accompanied by a certified copy of the resolution authorising him or her to bid on behalf of the company.

1.6. The bidder’s record and the vendor roll will be made available for inspection at the offices

of Clear Asset during normal business hours without the charge of a fee.

1.7. Clear Asset has a trust account. All money due to the seller in terms of the rules of auction will be paid into this trust account for the benefit of the seller, minus any commission payable to Clear Asset.

1.8. Unless the reason for the auction is the normal and voluntary disposal of the items by the

seller, the reason shall be displayed with the item on site.

1.9. The total cost of advertising and conducting the auction of the items is available from the auctioneer upon request which costs are broken down as follows:

1.9.1. Advertising costs; 1.9.2. Brochure and marketing material; 1.9.3. Photography.

1.10. The conduct of the auction is subject to the control of the auctioneer who has the sole right to regulate the bidding procedure and who may accept or reject bids in his sole discretion without providing reasons.

1.11. No Vendor Bidding: Clear Asset does not permit the making of a bid on behalf of the Vendor. Furthermore, Clear Asset employees or their representatives are NOT permitted to bid on the auction. Only bids submitted from bona fide registered bidders will be accepted

1.12. The sale shall be by the rise and the items shall be sold to the highest bidder subject to the rules of auction.

1.13. Every prospective bidder must read the rules of auction and must not bid unless he or she has done so.

1.14. Every bid shall constitute an offer to purchase the item for the amount bid upon the terms and conditions contained herein, which the seller or the auctioneer may accept or reject in their absolute discretion.

1.15. If no bid equals or exceeds the reserve price, items may be withdrawn from the auction.

1.15 In the event of any dispute in relation to an auction sale, the decision of the auctioneer

shall be final and binding.

1.16 The Auctioneer is entitled to correct any bona fide error in the conduct or conclusion of any sale, or arising from any incorrect reference to the items for sale. In the event that the error is not capable of being corrected, then the auction shall be deemed not to have taken place and no party at the auction will have any claim against the auctioneer or the seller arising from the cancellation of the auction.

1.17 Subject to these rules, the person that has submitted the highest bid at the time of conclusion of the auction shall be the purchaser.

1.17.1 Any bid activity in last five (5) minutes, will result in an extension of five (5) minutes

until activity ceases and/or 60 (sixty) minutes post auction has passed.

1.18 Confirmation by seller and payment

1.18.1 Items are sold subject to confirmation by the seller within two (2) business

days from the conclusion of the auction during which period the purchaser shall not be entitled to withdraw his bid.

1.18.2 All items will be paid for in full by the highest bidder to the auctioneer immediately upon confirmation of acceptance of the highest bid by the seller.

1.18.3 Upon completion of the auction a completed sale shall be indicated on site showing

the item as “CLEARED!”

1.19 Delivery and collection

1.19.1 The purchaser shall collect all items purchased, at the purchaser’s cost, at the conclusion of the auction and after full payment of all amounts due by the purchaser in terms of the auction rules. Removal of items may also take place strictly from the seller’s premises within seven (7) days from acceptance by the seller of the highest bid, provided that the full purchase price has been paid to the seller special requests must be agreed upon in writing.

1.19.2 Any items that have not been removed at the times provided above shall be

subject to a storage fee of R 100.00 + VAT per item per day which fee shall be charged to the purchaser and payable upon demand.

1.20 Payment of purchase price 1.20.1 All prices are quoted and are payable in South African Rand;

1.20.2 The purchase price of each item will be paid by the purchaser by bank guaranteed

cheque or by electronic funds transfer or credit card, immediately on conclusion of the auction. Cash payments will be accepted, but are required to be made directly into the auctioneer’s bank account by the purchaser, subject to an additional fee equal to 1% of the cash amount deposited to cover the bank’s cash deposit fees. No items may be removed until funds have cleared the auctioneer’s bank account.

1.20.3 All bids that are made and received are exclusive of Commission and of VAT. (If for

export VAT arrangements must be made in writing).

1.20.4 Foreign Buyers wiring funds to please include an additional R 650.00 per wire

transfer to cover Bank Charges

1.21 Ownership and risk 1.21.1 All items are sold “voetstoots” and the risk in each item passes to the highest

bidder upon acceptance of the highest bid by the seller.

1.21.2 Ownership in the items shall pass to the purchaser only on payment of the full purchase price, plus VAT if applicable, and auctioneer's commission.

1.22 Auctioneer’s commission

1.22.1 The Buyer shall pay auctioneer’s commission to the auctioneer at a rate of 10%

- 12% of the purchase price which commission shall be deemed to have been earned upon acceptance of the purchaser’s bid by the seller and shall be payable to the auctioneer immediately against delivery of the items to the purchaser.

1.23 Yellow Metal & Vehicles 1.23.1 Viewing and inspection take place strictly by appointment with the auctioneer or

as advertised on stated viewing days.

1.23.2 All costs pertaining to the delivery and transfer of items to the purchaser shall be for the purchaser’s account.

1.23.3 Any purchaser of a motor vehicle or yellow metal that will involve road usage

acknowledges and agrees that it accepts responsibility to take all steps reasonably required to attend to the registration of the vehicle into its (the purchaser’s) name within 21 calendar days from the day of the auction. The seller shall upon written request from the purchaser do all things and make available all relevant information that may reasonably be required to attend to the registration of a motor vehicle into the name of the Purchaser as envisaged herein.

1.24 Default / Breach 1.24.1 If the purchaser breaches any of these conditions of sale, he/she may be liable to

pay the total cost of advertising and conducting the auction of the items that he/she has purchased and such additional costs as provided for by the Consumer Protection Act Regulations.

1.25 General

1.25.1 These rules of auction shall interpreted and used in conjunction with the laws of the Republic of South Africa.

1.25.2 No variation or alteration or cancellation of these rules of auction or any of the

terms hereof, shall be of any force or effect, unless in writing and signed by the purchaser, the seller and the auctioneer.

1.25.3 An additional fee of R 4 500 + VAT will be added to your Invoice for all administrative

paperwork regarding Police Clearance (applicable to export clients only).

1.25.4 All additional costs associated with Customs Clearance will remain for Buyer’s own

account and responsibility.

1.25.5 Buyer takes full responsibility to obtain the registration documents and / or all

relevant documents as well as any keys or attachments associated with this asset UPON COLLECTION of the asset

1.25.6 Clear Asset WILL NOT be held responsible or liable for any documentation, keys

or attachments associated with any asset whatsoever

I hereby certify that the auction rules to the best of my knowledge meet the requirements of Regulation 21

WEB

REF DESCRIPTION YEAR SELLER LOCATION STARTING BID COMMENTS2597 Bell B40D ADT TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 616 250,00

2663 Bell B40D ADT TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 616 250,00

2598 Bell B40D ADT TBA Diesel Power Opencast Mining (Pty) Ltd North-West R 616 250,00

2601 CAT 14M Grader TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 1 553 375,00

2600 CAT D10T Dozer TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 2 745 500,00

2665 CAT D11 Dozer TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 4 675 000,00

2599 CAT D9T Dozer TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 794 750,00

2667 CAT D9T Dozer TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 1 020 000,00

2686 Conveyor Belting 1350 cm by 70m Impala Platinum Gauteng R 68 500,00

2693 Conveyor Belting 1350cm by 110m Impala Platinum Gauteng R 100 000,00

2687 Conveyor Belting 1350cm by 260m Impala Platinum Gauteng R 225 000,00

2690 Conveyor Belting 1350cm by 370m Impala Platinum Gauteng R 500 000,00

2692 Conveyor Belting 1350cm by 370m Impala Platinum Gauteng R 500 000,00

2683 Conveyor Belting 1350cm by 70m Impala Platinum Gauteng R 68 500,00

2621 DEZZI MG 80 T GRADER. N/A Sibanye Gold Mpumalanga R 100 000,00

2654 Dieci GH695 Sibanye Gold Mpumalanga R 55 000,00

2652 FERMEL 18 Seater Personnel Carriers 2009 Sibanye Gold Mpumalanga R 95 000,00

2651 FERMEL Personnel Carriers 18 Seater 2010 Sibanye Gold Mpumalanga R 95 000,00

2673 General Electric Wheel motor Anglo Kumba Iron Ore Limpopo R 12 500,00

2674 General Electric Wheel Motor Anglo Kumba Iron Ore Limpopo R 12 500,00

2608 Hitachi EX1200-5C Excavator TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 578 000,00

2607 Hitachi ZX240-3 Excavator TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 234 812,00

2675 Hydraflex-Hydraulics test bench Anglo Kumba Iron Ore Limpopo R 12 500,00

2609 Karoo Batch Plant 20m3 TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 144 500,00

2603 Komatsu D155AX-5 Dozer TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 722 500,00

2602 Komatsu D65E-12 Dozer TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 296 225,00

2606 Komatsu PC1250-7 Excavator TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 1 083 750,00

2604 Komatsu PC200-7 Excavator TBA Diesel Power Opencast Mining (Pty) Ltd North-West R 180 625,00

2605 Komatsu PC300-7 Excavator TBA Diesel Power Opencast Mining (Pty) Ltd North-West R 374 000,00

2628 LHD Buckets Sibanye Gold Mpumalanga R 15 000,00

2670 Liebherr 964C SHD Excavator TBA Diesel Power Opencast Mining (Pty) Ltd Mpumalanga R 1 700 000,00

2668 Liebherr 974C HD Excavator TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 2 125 000,00

2610 M-Benz Actros MP2 3331K Water Tanker TBA Diesel Power Opencast Mining (Pty) Ltd North-West R 297 500,00

2612 Manitou MT523 Brick Handler TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 108 375,00

2611 Mitsubishi Forklift FD50K TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 158 950,00

2578 Nissan CW 46 Tipper Truck. 1990 Ultimate Trading 26 (Pty) Ltd North-West R 48 000,00

2579 Nissan Tipper Truck CW45 1988 Ultimate Trading 26 (Pty) Ltd North-West R 90 000,00

2637 Sandvik - 30 SX Sibanye Gold Mpumalanga R 130 000,00

2644 Sandvik - 30SX Sibanye Gold Mpumalanga R 95 000,00

2645 Sandvik - 30SX N/A Sibanye Gold Mpumalanga R 85 000,00

2646 Sandvik - 30SX Sibanye Gold Mpumalanga R 130 000,00

2626 Sandvik - Axera 126 Sibanye Gold Mpumalanga R 230 000,00

2625 Sandvik - DL230L Drill Rig 2011 Sibanye Gold Mpumalanga R 185 000,00

2623 Sandvik - DS210L - Roof Bolter 2010 Sibanye Gold Mpumalanga R 685 000,00

2647 Sandvik - EJC115 - LHD N/A Sibanye Gold Mpumalanga R 130 000,00

2658 Sandvik - EJC115 - LHD Sibanye Gold Mpumalanga R 145 000,00

2620 Sandvik - LH410 2011 Sibanye Gold Mpumalanga R 900 000,00

2642 Sandvik - LH410 - LHD Sibanye Gold Mpumalanga R 225 000,00

2648 Sandvik - TH205L 2010 Sibanye Gold Mpumalanga R 130 000,00

2627 Sandvik - Toro 400D 2010 Sibanye Gold Mpumalanga R 700 000,00

2624 Sandvik Axera D05 Drill Rig 2009 Sibanye Gold Mpumalanga R 275 000,00

2632 Sandvik Axera LP 126 Drill Rig 2001 Sibanye Gold Mpumalanga R 185 000,00

2634 Sandvik Axera LP 126 Drill Rig 2001 Sibanye Gold Mpumalanga R 230 000,00

2664 Tadano TR250M-7 Mobile Crane TBA Diesel Power Opencast Mining (Pty) Ltd Limpopo R 1 020 000,00

2669 Tamrock-Toro LHD-300 D Anglo Kumba Iron Ore Limpopo R 145 000,00

2613 Terex TR45 RDT TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 361 250,00

2630 Toyota - LAND CRUISER 79 4.0P P/U S/C N/A Sibanye Gold Mpumalanga R 15 500,00

2614 Toyota Diesel Bowser TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 119 000,00

2615 Toyota Diesel Bowser TBA Diesel Power Opencast Mining (Pty) Ltd Gauteng R 119 000,00

2616 Toyota Fortuner 3.0D-4D 4X4 2008-07-21 Diesel Power Opencast Mining (Pty) Ltd Gauteng R 89 250,00

2577 Toyota Hino 44-280 Horse. 1985 Ultimate Trading 26 (Pty) Ltd North-West R 85 000,00

2676 Various sizes of electrical cable Anglo Kumba Iron Ore Limpopo R 50 000,00

0823217079

AUCTION: 30 OCTOBER 2014

CONTACT: NEELS OLIVIER

www.clearasset.co.za

Items on auction include:

Diesel Power

DOZERS:

CAT D9T; D10T; D11T;

Komatsu D65E-12;

Komatsu D155AX-5

EXCAVATORS:

Hitachi ZX240-3;

Hitachi EX1200-5C;

Liebherr 974C HD;

Liebherr 964C SHD;

Sibanye Gold

Redundant Assets Driefontein

1: Electrical: Motors,

Components, Distribution Box,

Cabinets; Various Pump Parts,

Trailor & Gate Valve; Steel

Pipes; Chain Blocks

Driefontein 4: Railway Carts,

Wheels / Axles; Cylinders /

Motors / Pumps; Gearbox

Implats

CONVEYOR BELTS:

Variety Prime Condition and

Used Conveyor Belts incl.

1350mm x 370m / 70m /

260m. Various Class 1600 M

and 800M, 4 Layer

Komatsu PC200-7; PC220-

7; PC300-7; 1250-7

GRADERS:

CAT 14M

RDT:

Terex TR45

TANKERS / VEHICLES /

OTHER:

M-Benz Actros MP2

3331K Water Tanker;

2x Toyota Diesel Bowser;

Toyota Fortuner 3.0D-4D

4x4;

Mitsubishi Forklift FD50K;

Toyota Forklift;

Manitou MT523 Brick

Handler;

Tadano mobile crane;

Karoo Batch Plant 20m3

View more

Drive; Transformers;

Driefontein 5: Loco Carts,

Railway Mining Hoppers;

Ventilation Fans; Steel

Structures; G.F Man Mining

Boogies on Railway Wheels

Driefontein 6: Mine Hoppers;

Steel and Water Pipes

Driefontein 11: Scrap Railway

Coach, 1x Hopper, 3x Railway

Wagons Burnstone Mine:

LOADER (underground): Toro

400D; Toro LHD 410; EJC 115

– Roof Bolter & Drill Rigs:

AXERA 126

View more

Kumba Iron Ore

ELECTRICAL CABLE:

Prime Condition 8-10 tons

Used Electrical Cable;

LOADER:

Toro LHD underground

View more

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Terms & Conditions

FULL PPE MUST BE WORN!

For rules of auction, terms and conditions or to view stock online,

visit www.clearasset.co.za or contact [email protected] / +27 (0)79 899 9998

For Viewing & Technical assistance contact Neels (Head Ops):

+27 (0)82 321 7079 or [email protected]

Registration, queries: Nolo 021 418 2630 • Refundable registration deposit R10 000