Gold Fields Limited · JSE:GFI
Gold Fields — Investor Presentation (February 2008)
35 slides from Gold Fields's investor presentation, February 2008
Slide 1: Going For Growth
G Going For Growth G Tarkwa Gold Mine Ian Cockerill Chief Executive Officer Gold Fields Limited C Cape T Town February 2008
Slide 2: Forward Looking and Cautionary Statements
Forward Looking and Cautionary Statements This document and any materials distributed in connection with this document are not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction w
Slide 3: Gold Fields Limited: A World Class Gold Company
Gold Fields Limited 4th Largest Gold Producer Unhedged 8 Mines, 1 Developing Project, 4 Operating Regions Long Life Reserves Strong Growth Portfolio A World Class Gold Company 3
Slide 4: A World Class Gold Company
A World Class Gold Company Production: 4 moz Reserves: 94moz Resources: 246moz Mines: 8 Peru Cerro Corona Ghana Tarkwa South Africa Damang Driefontein Operating Mines Kloof Australia Developing Mines Beatrix St Ives South Deep Agnew Exploration Offices A Few Large, High Quality, Long Life Assets 4
Slide 5: The Gold Fields Franchise
The Gold Fields Franchise Reserves (mmoz) Reserve Life (years) Number of Mines Barrick Gold Fields Newmont N t Newcrest Gold Fields Harmony AngloGold Goldcorp Harmony Newmont Goldcorp Barrick Newcrest AngloGold g 0 50 100 150 0 5 10 15 20 25 Source: Company data Note: Reserve life calculated as Rese
Slide 6: Actively Managed Exploration
Actively Managed Exploration EMED CMQ Lero Option DR JV Sino Alliance Sankarani Nabire Bakti CC District Kisenge Conquest JV SBX JV NSW Gen Delamarian Victoria The Rule of Two’s The Rule of Five’s 6
Slide 7: A Proven Strategy
A Proven Strategy Operational Margin growth and returns to excellence ll shareholders Growing Balanced, diversified Gold Fields portfolio Maintain Securing the Gold Fields the Future Franchise Delivering Results 7
Slide 8: Approach to Growth
Approach to Growth M i t i i the Maintaining th Gold G ld Fields Fi ld Franchise F hi few, large, high quality, long life Assets B l Balancing i ththe portfolio tf li political, currency, technical, geographic Organic growth Acquisitions Exploration A Niche Philosophy 8
Slide 9: Capital Peak in F2008
Main Growth Projects Ghana Tarkwa Gold Mine CIL Peru Cerro Corona Project South Africa South Deep Project Capital Peak in F2008 9
Slide 10: Tarkwa Gold Mine
Tarkwa Gold Mine The Jewel In The Crown
Slide 11: Tarkwa Gold Mine: Location
Tarkwa Gold Mine: Location GHANA • Damang Pits DAMANG TARKWA N ADR Plant • North Pads • North N th PPrimary i Crusher Tarkwa Pits • Tarkwa Tarkwaian Banket Outcrop p • South Mining Areas Pads • South Primary Crusher 10 Km 11
Slide 12: Gold Fields Acquires Tarkwa
1994 Gold Fields Acquires Tarkwa 60,000 Ounces 12
Slide 13: Old Inefficient Underground Mine
1994 Old Inefficient Underground Mine 13
Slide 14: Significant Social Challenges
1994 ● 5,000 illegal miners ● 20,000 people p p ● 14 Villages Significant Social Challenges 14
Slide 15: Significant Social Challenges
1994 ● 5,000 illegal miners ● 20,000 people p p ● 14 Villages Relocation ● New, greatly improved village ● Last people moved July 2001 ● US$ 22 million in costs Significant Social Challenges 15
Slide 16: Phase 1 Open Pit / Heap Leach Commissioned
1997 Phase 1 Open Pit / Heap Leach Commissioned 60koz To 185koz 16
Slide 17: Building A World Class Mine
1997 ●US$148 million ●125,000 125 000 oz p.a. ●300,000 tonne ●Crushing plant, gold plant, leach p pads Building A World Class Mine 17
Slide 18: Underground Mine Stopped Production
1998 Underground Mine Stopped Production Stabilised At 200koz 18
Slide 19: 200koz to 300koz
1999 Phase 2 Open Pit /Heap Leach Expansion 200koz to 300koz 19
Slide 20: 200koz to 300koz
1999 Phase 2 20.7 Mtpa mined 7.2 Mtpa processed US $27 million 200koz to 300koz 20
Slide 21: Phase 3 Open Pit / Heap Leach Expansion
2000 900 800 700 Phase 3 600 500 400 Open Pit /Heap 300 200 Leach 100 0 Expansion 19 19 19 19 19 19 20 20 20 20 20 20 20 20 20 20 20 994 995 996 997 998 999 000 001 002 003 004 005 006 007 008 009 010 Gold Produced (000 oz) Working Cost ($ / oz) 300koz to 500koz 21
Slide 22: Phase 3 Expansion: 300koz to 500koz
2000 900 800 700 Phase 3 600 500 400 40.0 Mtpa mined 300 200 13.0 Mtpa processed 100 0 US $18 million 19 19 19 19 19 19 20 20 20 20 20 20 20 20 20 20 20 994 995 996 997 998 999 000 001 002 003 004 005 006 007 008 009 010 Gold Produced (000 oz) Working Cost ($ / oz) 300koz to 500koz 22
Slide 23: A World Class Operation
2000 Phase I Phase II Phase III North Heap Leach Pads A World Class Operation 23
Slide 24: Regional Consolidation
2000 900 800 700 Teberebie Acquisition 600 500 US$5 million 400 1 moz Additional Reserves 300 200 Additional Leach Pads 100 0 Processing Facility 19 19 19 19 19 19 20 20 20 20 20 20 20 20 20 20 20 994 995 996 997 998 999 000 001 002 003 004 005 006 007 008 009 010 Gold Produced (000 oz) Working Cost
Slide 25: Teberebie Acquired
2000 South gold plant South pads (Teberebie) - 2003 Teberebie Acquired 25
Slide 26: Stabilised at 550koz
2002 Phase I •40mtpa total mining Phase II •15mtpa Heap Leach Phase III Stabilised at 550koz 26
Slide 27: US$ 160 Million
2004 Phase I O Owner Mining Mi i Phase II & CIL Plant Phase III US$ 160 Million 27
Slide 28: US$ 160 Million
2004 Phase I Owner Mining & CIL Phase II 15mtpa HL& 4 4.2mtpa 2mtpa CIL 60-80mtpa Phase III total mining US$ 160 Million 28
Slide 29: New CIL Plant & Owner Mining
2004 Phase I Phase II PICTURE OF OLD PLANT Phase III New CIL Plant & Owner Mining 29
Slide 30: More Gold Earlier
2008 CIL Expansion • CIL - 12mtpa • Total Processed – 22mtpa • US$160 million Phase I Phase II Phase III More Gold Earlier 30
Slide 31: More Gold Earlier
2008 ~750 kozpa p More Gold Earlier 31
Slide 32: US$160 Million
2008 CIL Expansion US$160 Million 32
Slide 33: US$160 Million
2008 August 2007 Construction progressing well despite high rainfall January 2008 US$160 Million 33
Slide 34: Conclusions
Conclusions Quality Assets Positioned for Higher Gold Price Outstanding Growth Pipeline T k Tarkwa Th Jewel The J l In I The Th Crown C A World Class Gold Investment 34
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