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Gold Fields — Energy and Mines Virtual World Congress 2021
13 slides from Gold Fields's conference presentation, Nov 11, 2021
Slide 1: High altitude solar project in Chile - Salares Norte
High altitude solar project in Chile - Salares Norte Francois Swanepoel, Technical Manager Energy and Mines Virtual World Congress 11 November 2021
Slide 2: Forward Looking Statements
Forward Looking Statements Terms Of Use Certain statements in this document constitute “forward looking statements” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. In particular, the forward looking statements in this docu
Slide 3: Gold Fields – A globally diversified gold miner
Gold Fields – A globally diversified gold miner Renewable energy projects at five mines and projects Gold Fields Limited Carbon emission targets Mines: 9 Gold Fields is committed to a goal of net Projects: 1 zero carbon emissions (Scope 1 and 2) by Countries: 5 2050 or sooner in line with the ambiti
Slide 4: Salares Norte location and key features
Salares Norte location and key features High altitude, remote location • World class gold project, currently under construction Salares Norte mine – Key features: • Atacama Region of Chile, 330km north-east of Copiapó • US$860m construction cost • ±70km from nearest human settlement (straight line)
Slide 5: Project details
Project details Design aspects • Gold-Silver deposit • Open pit - 330 Mt material movement over nine years • Conventional mining equipment TSF Process Plant • 2 Mtpa agitated leach processing facility Mine • Hybrid metal extraction circuit and tailings filtration Process Plant • Average electrical d
Slide 6: Project status
Project status A decade from discovery to construction March 2011 PFS DFS Construction & Pre-strip Solar PV Exploration discovery March 2017 March 2019 October 2020 2024 Q1 Dec 2013 IFS (12-year LOM) EIA /RCA First Gold Maiden Resource March 2018 December 2019 2023 Q1 (6-year LOM) • PV plant design,
Slide 7: Construction progress
Construction progress Pre-strip and process plant Salares Norte - High Altitude Solar in Chile | E&M | 09 November 2021
Slide 8: Solar Photovoltaic trends since project discovery
Solar Photovoltaic trends since project discovery Seismic shift over a decade 2010 • PV module prices down 80% in the last decade • Installed capacity up from 40 GW to more than 700 GW 2020 • Installed costs fell from US$4,731/kW to US$883/kW • LCOE for utility-scale solar PV for new projects fell b
Slide 9: Photovoltaic power potential
Photovoltaic power potential Opportunities and challenges Salares Norte • High altitude - low atmospheric aerosol concentration and low moisture content • Global Horizontal Irradiation > 2,500 kWh/year • Low air temperature ~ 3°Celsius (annual average) Challenges • Modulation - dust and snow (modera
Slide 10: Hybrid microgrid
Hybrid microgrid Solution details Hybrid microgrid details • Diesel – Solar PV microgrid • Diesel generators: 22 units @ main supply point (17 MW) Solar PV Plant Mine • Solar PV – 10 MWp (detailed design) • Supplied under BOOT contract (Aggreko) • PV environmental permit preparation in progress • Ta
Slide 11: Carbon emissions
Carbon emissions Baseline and impact from initiatives 20% reduction in LOM electrical energy emissions forecasted from current initiatives Salares Norte - High Altitude Solar in Chile | E&M | 09 November 2021
Slide 12: Salares Norte Looking towards the future – Net Zero carbon emissions by 2050
Salares Norte Looking towards the future – Net Zero carbon emissions by 2050 Net Zero 2050 targets considers Maximizing NCRE with use of BESS • Exploration success to maintain production profile • Area available for solar / wind projects • New technology and industry collaboration required • Depende
Slide 13: Thank You
Thank You
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