Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — H1 2011 Earnings Presentation
15 slides from Kingsgate Consolidated's earnings presentation, Feb 23, 2011
Slide 1: Dec 2010 Half Year Profit Result
Kingsgate Consolidated Limited For personal use only Kingsgate Dec 2010 Half Year Profit Result 23 February 2011
Slide 2: Disclaimer
Disclaimer For personal use only Forward Looking Statements: These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of
Slide 3: Solid Half Year to Dec 2010
Solid Half Year to Dec 2010 For personal use only Underlying Profit: Statutory profit before tax A$11M - A$8.4M unrealised FX loss A$24 Million - A$4.5M DOM, LRC transaction costs Revenue: Gold price received: US$1,299/oz Healthy margin maintained A$66 Million Dividend announced: 10c/share Standby d
Slide 4: Income Statement (A$M)
Income Statement (A$M) For personal use only A$ Million : Dec 10 HY Dec 09 HY Underlying Business Profit Total Revenue 66.2 88.5 Direct Costs (36.8) (42.8) Employee Benefits (6.8) (5.7) D&A (5.4) (7.6) Finance Costs (0.6) (1.1) Exploration Expenses 0 (0.1) Forex (9.3) (8.0) Inventory 13.1 14.2 Other
Slide 5: Chatree Production as Expected
Chatree Production as Expected For personal use only Gold Production Production as expected from low grade areas of A Hill and K West 43,284oz Stronger second half Chatree Cash Costs US$354/oz Total Cash Costs Thai royalty US$107/oz US$461/oz Cash Costs remain in lower quartile Approval to mine the
Slide 6: Growth Strategy in Place
Growth Strategy in Place For personal use only Expansion to +5mtpa now at 66.6% Chatree Expansion Practical completion and first gold on Time and Budget Sept Qtr 2011 Underground potential advancing Dominion Share Overwhelming support from Dominion shareholders Scheme Completed Integration completed
Slide 7: Kingsgate Diversification
Kingsgate Diversification Geographic and operational diversity For personal use only Chatree Arqueros Challenger
Slide 8: Chatree Expansion ~66%
Chatree Expansion ~66% For personal use only
Slide 9: Challenger Gold Mine
Challenger Gold Mine For personal use only Currently planning development around the 180 level fault Focus on resource growth and conversion Reserves of 421,650 ounces (as at June 30, 2010) Resources of 950,220 ounces (as at June 30, 2010) Dec Qtr 2010 production 25,195oz @ cash cost $769/oz Explora
Slide 10: Arqueros Field Work Resumes
Arqueros Field Work Resumes For personal use only Arqueros Arqueros Camp re-established Underground resource drilling commenced Gaston Araya appointed VP Operations Plan to fast-track Arqueros through feasibility study into production
Slide 11: Growing Gold Producer
Growing Gold Producer For personal use only Production Plant expansion on time and on budget Growth Commissioning expected Sept Qtr 2011 Resource Drilling continues to advance Growth underground potential at Chatree Australia Diversified Challenger Gold Mine in S Aus Production Chile 70% of Arqueros
Slide 12: General Disclaimer
Kingsgate Consolidated Limited For personal use only General Disclaimer: The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue securities or other financial products. The information contained in this presenta
Slide 13: Appendix 1. Chatree
Appendix 1. Chatree For personal use only Chatree Ore Reserves as at 30 June 2010 (>0.4g/t gold cut-off grade) Source Category Tonnes Gold Grade Silver Grade Gold Contained Silver Contained (millions) (g/t) (g/t) (million ounces) (million ounces) From Pits Proved 37.4 1.00 9.5 1.20 11.42 Probable 18
Slide 14: Appendix 2. Challenger
Appendix 2. Challenger For personal use only Challenger Ore Reserves as at 30 June 2010 Source Category Tonnes Gold Grade Gold Contained (thousands) (g/t) (thousand ounces) From Mine Proved 318 5.8 59 Probable 1,834 6.0 352 Stockpiles 157 2.1 9 Challenger Total Total 2,310 5.7 420 Challenger Mineral
Slide 15: Appendix 3. Arqueros
Appendix 3. Arqueros For personal use only JORC Sep.2010 Million Grades, g/t Ounces, thousands Category Tonnes Gold Silver AuEQ60 Gold Silver AuEQ60 Cut- Cut-off grade 0.5 g/t Au EQ60 Indicated 7.0 0.35 83 1.73 78 18,596 387 Inferred 24.6 0.32 47 1.11 253 37,506 870 Total 31.6 0.33 55 1.24 332 56,10
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