Resolute Mining Limited · ASX:RSG
Resolute Mining — Shareholder Meeting (October 2018)
26 slides from Resolute Mining's shareholder meeting presentation, Oct 26, 2018
Slide 1: 2018 Annual General Meeting CEO Presentation
For personal use only 2018 Annual General Meeting CEO Presentation Mine Gold. Create Value. Perth | 26 October 2018
Slide 2: Important Notices and Disclaimers
Important Notices and Disclaimers For personal use only This presentation contains information about Resolute Mining Limited (Resolute or the Company) and its activities that is current as at the date of this presentation unless otherwise stated. The information in this presentation remains subject
Slide 3: Mine Gold. Create Value.
For personal use only Mine Gold. Create Value. 3
Slide 4: Resolute Portfolio
Resolute Portfolio For personal use only Syama Ravenswood Bibiani Strategic Gold Mine Gold Mine Gold Mine Investments A world class, fully automated sub-level Proven producing asset with multiple Recent feasibility study update Multiple strategic positions in highly cave gold mine on track to be del
Slide 5: We are proud of our name
For personal use only We are proud of our name. We aspire to build a truly great company to deliver enduring value. Our 4 values that support the “ ” mantra: 5
Slide 6: Our values
ae - We are Bold _ We are Agile © We are Courageous We are United - Weare Resolute
Slide 7: R-CARE at Resolute
R-CARE at Resolute For personal use only Resolute’s Approach to Safety • To working safely, all of the time • To taking pride, in everything we do • To improving the way we work • To the people we work with • For the quality of our work • To the expectation of our business • To our families • To the
Slide 8: Environment Highlights
Environment Highlights For personal use only Syama: new power infrastructure to deliver more efficient, cost effective, and environmentally friendly life-of-mine power solution Ravenswood: Environmental Approval received for Expansion Project Bibiani: Environmental Permit Authorisation received to r
Slide 9: Community Highlights
Community Highlights For personal use only Conservation Management Plans for Ravenswood heritage sites developed Workforce Stability Agreement signed with Syama Workers Union through partnership with University of Queensland Talent Development Program to advance the skills, capabilities and careers
Slide 10: The Resolute Foundation
THE Mine Gold Create (More) Value FOUNDATION For personal use only The Resolute Foundation is the vehicle through which Resolute will deliver future community development initiatives TARGET THE MANAGE THE LEVERAGE EFFORT SPEND CONTRIBUTIONS Resolute SUPPORTS THE RESOLUTE Business STRATEGY Drivers CO
Slide 11: FY18 Results
For personal use only FY18 Results 11
Slide 12: FY18 Highlights
FY18 Highlights For personal use only Profitability maintained during development phase; Net Profit After Tax of A$78m Strong shareholder returns; Dividend of 2.0 cents per share (dividend payout of 3.3% of FY18 revenue) Syama DFS Update delivers >300kozpa at US$746/oz LOM AISC (14 year life) Develo
Slide 13: Mine Gold. FY18
Mine Gold. For personal use only FY18 284,185oz A$1,355/oz Total Gold Production All-In Sustaining Cost (US$1,052/oz) 262,381oz Total Gold Sold A$1,703oz Ave Price Received (US$1,318/oz) 13
Slide 14: Create Value. FY18
Create Value. For personal use only FY18 A$446m A$112m Revenue from Gold and Silver Sales Cash, Bullion and Listed Investments A$78m 35% Net Profit After Tax Increase in Global Mineral Resources A$0.09 A$0.02 Diluted Earnings Per Share Dividend Per Share 14
Slide 15: Extensive Reserve and Resource Growth
Extensive Reserve and Resource Growth For personal use only Resolute has added ~8Moz to its Global Resource since 2010 Global Mineral Resources Syama FY18 Reserves Contribution (Moz) 5.9 2010 2018 8.1Moz 16.5Moz 5.3 Global Ore Reserves 2010 2018 2.4Moz 5.9Moz Discovery Cost of A$34.5 per Reserve Oun
Slide 16: Clear Pathway to 500kozpa
Clear Pathway to 500kozpa For personal use only Production Outlook (koz) 500 Annual Gold Production (koz) 400 300 ✓ 200 100 FY18 FY19 FY20 FY21 FY22 Note: The target ounces are entirely based on current Ore Reserves. All Ore Reserves which underpin the plan have been prepared by a Competent Person o
Slide 17: Innovation quote
For personal use only “Innovation is a process that combines discovering an opportunity, blueprinting an idea to seize that opportunity, and implementing that idea to achieve results. Remember - no impact, no innovation ” Source: The Little Black Book of Innovation 17
Slide 18: Syama Underground Mine
Syama Underground Mine For personal use only World first purpose built, fully automated sub-level cave gold mine with production commencing December 2018 18 18
Slide 19: The Innovation: Autonomous Drilling
The Innovation For personal use only Autonomous Drilling The most advanced Autonomous Truck Navigation mining automation system Autonomous Loading & Dumping in the world Mine Digitalisation Autonomous Haulage Central Monitoring & Visualisation 19 19
Slide 20: Syama: the world's most advanced mine
The Innovation For personal use only Syama: the world’s most advanced mine World first Laser to GPS truck technology • Mine digitalisation with OptiMine® and AutoMine® with full range features including • Smart Scheduling algorithm • Automated drilling, blasting, loading, dumping • GPS navigation sy
Slide 21: Full Automation from Mine to Crusher
The Innovation For personal use only Full Automation from Mine to Crusher Autonomous loaders loading Specially tailored AutoMine® World first mine with full autonomous trucks from and OptiMine® systems to automation from mine to surface increase productivity underground to surface 21
Slide 22: The Impact: Innovation for cost savings
The Impact For personal use only Innovation for cost savings with fabulous safety outcomes Continuous High-speed Less Consistent Output; Operation Production Downtime Lower Costs Upgradeable to Multi- Extended Operator machine Control Machine Life Comfort 22
Slide 23: The Impact: greater control and productivity
The Impact For personal use only Innovation for greater control and increased productivity Tracking & Extra Extended Less Operational Reporting Productive Hours Mine Life Headings Reduced Smaller Upskilling Local Damage Fleet Workforce 23
Slide 24: Transformation Enables Bold Ambition
Transformation Enables Bold Ambition For personal use only Proven operator: Resolute has mined more than 8Moz from 9 gold mines in Australia and Africa Long life, low cost, large scale assets: 14 year life at operating assets; clear pathway to 500kozpa; LOM AISC of US$746/oz at Syama Large and growi
Slide 25: Corporate Summary
Corporate Summary (ASX:RSG) For personal use only Capitalisation Price Performance and Trading A$ US$ YTD Daily Trading Averages : Volume: 6.9m / Value: A$7.9m Share Price $1.06 $0.75 Shares on Issue 757.5m Market Capitalisation $807m $573m Cash, Bullion, Investments $115m $86m Borrowings $132m $99m
Slide 26: For personal use only
For personal use only John Welborn Level 2, Australia Place Managing Director & CEO 15-17 William St Perth, Western Australia 6000 Jeremy Meynert General Manager – T: +61 8 9261 6100 Business Development & F: +61 8 9322 7597 Mine Gold. Create Value. Investor Relations E: contact@rml.com.au