Centerra Gold Inc. · TSX:CG
Centerra Gold — Corporate Update (May 2019)
38 slides from Centerra Gold's corporate update, May 28, 2019
Slide 1: Oksut Project Progress Presentation
Oksut Project Progress Presentation 28 Mayıs 2019 Develi, Kayseri May 2019 1
Slide 2: Content
Content • Introduction Dr. Alper Sezener, General Manager • Project Construction Update Graeme Rapley, Project Director • Operational Readiness Process Rodney Chanin, Operation Director • Exploration & Business Development Activities Dr. Alper Sezener, General Manager • OHS & Sustainability Update Ö
Slide 3: Introduction: Centerra Gold Vision and Values
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Slide 4: General Overview
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Slide 5: Öksüt: Funded High Margin Gold Production
Öksüt: Funded High Margin Gold Production Project Highlights Mine Type Open Pit, Heap Leach Avg. LOM Annual Production 110koz Au Avg. LOM AISC(1) (US$/oz) $490 Reserve Mine Life 8 years Development Capex (US$MM) $221 LOM Sustaining Capital(1) (US$MM) $10 Öksüt Gold Project P&P Reserves(2)(Moz) 1.3 A
Slide 6: Key Milestones
Key Milestones ● 4th November 2015 EIA Approval ● 6th June 2016 ESIA Approval ● 14th July 2016 Forestry Permit ● 11th August 2016 Operation Permit ● 12th January 2018 Pastureland Permit ● 25th March 2018 Main Access Road/Haul Roads Starts ● 25th April 2018 Heap Leach Pad and site infrastructure Star
Slide 7: Project Construction
Project Construction May 2019 7
Slide 8: Construction Schedule
Construction Schedule May 2019 8
Slide 9: General Earthworks Plan – Ongoing Works
General Earthworks Plan – Ongoing Works May 2019 9
Slide 10: Project Overall Completion – as of May 2019
Project Overall Completion – as of 12 May 2019 Construction Progress : 56 % (as of May 12, 2019) May 2019 10
Slide 11: Major Packages % Completion Status
Major Packages % Completion Status as of 12 May 2019 Project's Overall Completion 56 % 84 % First Gold Major Packages Site Wide Earth Works Construction 49 % Crusher MPEI Construction 75 % Raw Water Supply System 81 % Administration Buildings 52 % ADR Plant EPC 69 % Main Substation 90 % Lining Syste
Slide 12: Site Photos
Site Photos Administration Area May 2019 12
Slide 13: Site Photos
Site Photos HDPE Liner Heap Leach Pad Secondary Crusher Building ARD Plant May 2019 13
Slide 14: Operational Readiness
Operational Readiness May 2019 14
Slide 15: Mining
Mining *Resource/Reserve Update- 31 December 2018 May 2019 15
Slide 16: Mining
Mining Mining Progress May 2019 Keltepe Pit May 2019 May 2019 16
Slide 17: Process
Process ● Management in place and starting the phase-in of the crusher team first, ADR team to follow. ● Preparing for the commissioning of crusher plant in July. ● The metallurgical accounting and reporting system has been generated. ● Stacking plan for the first lift of HL is completed see below.
Slide 18: Process
Process ● Cyanide transportation schedule for 2019 and 2020 was completed which coincides with the Cn storage completion. ● Cyanide management plan works are being coordinated with the supplier. ● Activated Carbon and reagents order was placed for early August delivery. ● The site lab is constructed
Slide 19: Maintenance
Maintenance • Maintenance is closely following the construction progress and ensuring that is being done to an acceptable level. • Crusher and ADR asset registrations are completed in the systems. • Crusher circuit consumables, operating and critical spare parts have been identified and ordered. • C
Slide 20: Exploration
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Slide 21: Tethyan Metallogenic Belt
Tethyan Metallogenic Belt Öksüt Gold Project May 2019 *Sourced from MDRU 21
Slide 22: Project Location and Prospects
Project Location and Prospects Kayseri Öksüt Keltepe NW Gold Project Boztepe W Keltepe Boztepe Öksüt Gold Project Operation License Boundaries Buyuktepe Keltepe NW Keltepe Boztepe Guneytepe Guneytepe Buyuktepe Yelibelen Yelibelen May 2019 22
Slide 23: 2019 Proposed Drilling Program
2019 Proposed Drilling Program N Keltepe - Keltepe NW Oxide Au Resource + Supergene Cu target Boztepe West Porphyry Cu/Au Target Keltepe Pit Buyuktepe Oxide-Au Güneytepe Target Oxide-Au Extension Güneytepe Pit Yelibelen Oxide-Au Target May 2019 23
Slide 24: OHS & Sustainability
OHS & Sustainability May 2019 24
Slide 25: Health and Safety Performance
Health and Safety Performance Lag Indicators Critical Risks (CR’s) Preventative Activities (Highest to Lowest Occurrence) Total Reportable Injury Frequency YTD Y/E TARGET Critical Risk Categories QTD YTD Rate (TRIFR) #Safety Meetings 1291 2250 Mobile Equipment (Heavy & Light Target YTD Status 1 Vehi
Slide 26: Environmental Performance
Environmental Performance Total of Incident To date This Reporting Period 0 0 Date Raised Registration Number Location Incident Summary Corrective Close out Date Action - - - - - - * No reportable incident YTD Compliance Audits Projects & Initiatives Type # Findings % Complete Status Title Status Re
Slide 27: Social Performance
Social Performance Stakeholder Engagement # Community Meetings # Local Officials Visit # Total MTD YTD MTD YTD MTD YTD 19 81 4 31 23 112 Grievance Resolution # of unresolved Grievances # Grievance % resolved within the targeted timeframe (cumulative) MTD YTD MTD YTD MTD YTD 0 16 %0 %100 0 0 CSR/Comm
Slide 28: Environmental Activities
Environmental Activities ENVIRONMENTAL ACTIONS Actions Partners Status 1. Biodiversity Studies Prof Hayri DUMAN (Gazi Unv), - Flora Studies Cecilia AMOSSO (Golder Italy), On going Prof. Dr. Cem VURAL (Erciyes Unv) Prof. Dr. Cem VURAL (Erciyes Unv) , Prof. Dr. Osman İBİŞ (Erciyes Unv), - Fauna Studie
Slide 29: Environmental Monitoring
Environmental Monitoring May 2019 29
Slide 30: ESAP Commitments
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Slide 31: CR & CSR
CR & CSR Stakeholder Engagement Components Visit with General Manager to Mayor of Meeting with Local Media in Develi 18 March Çanakkale Victory and Develi Municipality on April, 2019 District on April, 2019 Martyrs’ Day event in Develi Center was attended on 18th of March, 2019 Newspaper announcemen
Slide 32: LRP Programs
LRP Programs LRP Programs LRP - 2019 Subject Date Status Income generating activities for users of Pastureland-Beekeeping May-December Completed Agricultural equipment support for users of Pastureland May-June On going Access to Grazing Areas and Agricultural Fields(Öksüt Quarter) February-April Com
Slide 33: CSR Programs
CSR Programs CSR Programs CSR- 2019 Subject Planned implementation period Status Support to Regional Cultural Festival and Sport Activities July-August Not Started Robotic Coding and Educational Brain Games Project for Students Career Days for High School Students May-June On going Theater for 23rd
Slide 34: HR & Training
centerraco.to (||) itt, OK: T. HR & Training May 2019 34
Slide 35: Manpower Tables
Manpower Tables Numbers are updated as of May 16th,2019 35 May 2019
Slide 36: Manpower Tables
Manpower Tables 2019 OMAS Manpower Plan 93 as of May 16th, OMAS Contractors May 2019 36
Slide 37: Training
centerraco.o Training ree ws pau tice Safty rings “OPP TiCIiae Training Hours 4% 10% WSHS Facilitator Training 1% Work Safe - Home Safe 2 2% B induction 56% Work Safe - Home Safe 1 20% Training Hours Number of Attendees 2015 2016 2017 2018 2019 Total 2015 2016 2017 2018 2019 Total Induction 1,450 22
Slide 38: THANK YOU! Questions? Issues!
THANK YOU! Questions? Issues! May 2019 38