Gold Fields Limited · JSE:GFI

Gold Fields — Investor Presentation (2011)

15 slides from Gold Fields's investor presentation, 2011

  1. Slide 1: Australasia Region

    Australasia Region

  2. Slide 2: Australia - a 650,000 ounce region

    Australia - a 650,000 ounce region Replacing and growing the reserve base Gold Production and NCE Margin (2008 – 2011) koz % 700 25 600 20 500 Agnew Brisbane 400 15 St Ives Kalgoorlie Perth 300 616 602 10 Sydney 620 200 Melbourne 5 100 0 0 2008 2009 2010 2011E Production NCE Margin Mineral Reserves

  3. Slide 3: Australia: Fiscal and Economic Overview

    Australia: Fiscal and Economic Overview The region is affected by the strong A$ and high labour costs Carbon tax legislation A$/US$ exchange rate (2008 – 2011)  Carbon Tax legislation effective 1 July 2012 1.2  Net impact A$8 million p.a. on Gold Fields Australia 1.1 Mineral Resource Rent Tax 1.0

  4. Slide 4: Achievements since 2008

    Achievements since 2008 Exploration has added 3.3Moz of Reserves in the Region at a cost of A$35/oz  St Ives I has h added dd d 2.2Moz 2 2M off reserves before b f d l ti since depletion i 2008 − Jun 2008 1.9Moz of Reserves and 4.5Moz of Resources − Dec 2010 2.8Moz of Reserves and 5.8Moz of Resourc

  5. Slide 5: Strategic outlook

    Strategic outlook Maintain stable baseload of 650koz, add FSE  Ongoing BPR - 25% NCE margin target Optimise  Complete owner mining and maintenance conversions Our Assets  Maintain regional production at 650,000 ounces per year  Complete construction of Hamlet underground mine at St Ives Grow  R

  6. Slide 6: St Ives: Achieving production targets

    St Ives: Achieving production targets Production (2008 – 2011) ‘000 oz 500 450 50 400 350 300 250 468 200 415 415 150 100 50 0 2008 2009 2010 2011E 143

  7. Slide 7: St Ives: One of Australia's premier gold camps

    St Ives: One of Australia’s premier gold camps A 20 million ounce camp St Ives Lease Area  One of Australia’s premier gold camps  In excess of 11 Moz mined to end 2011  Produced 4.8Moz 4 8Moz since acquisition in 2001  Exploration potential for another 5Moz Athena-Hamlet  Greenfields discovery

  8. Slide 8: St Ives: Athena/Hamlet Underground Complex

    St Ives: Athena/Hamlet Underground Complex Single shared Portal  Athena/Hamlet Reserves: and infrastructure - Combined 6.7Mt @ 5.2g/t for 1.13Moz - Athena : 2.2Mt @ 6.3g/t for 438koz - Hamlet : 4.5Mt 4 5Mt @ 4 4.7g/t 7g/t for 689koz  Discovery to production in 4 years  Athena: A$100 $ million cap

  9. Slide 9: St Ives regional exploration potential

    St Ives regional exploration potential  Further 5.5Moz exploration potential Greater Santa Ana  Brownfields projects to deliver growth Revenge‐Neptune ‒ UG Extensions at Cave Rocks Underground Victory Area ‒ Consolidation opportunity for large open pits at Santa Ana, drilling Revenge-Neptune and V

  10. Slide 10: Agnew

    Agnew Production (2008 – 2011) ‘000 oz 250 200 52 150 100 201 188 152 50 0 2008 2009 2010 2011E 147

  11. Slide 11: Agnew: Surface exploration & reserve conversion potential

    Agnew: Surface exploration & reserve conversion potential New Holland/ Genesis  Songvang mining completed early Cinderella 2012 ore processed through 2012 2012, Hidden Secret Waroonga  Cinderella drilling completed  Maximise mill capacity in 2012 and 2013 Redeemer  Large tenement position Crusad

  12. Slide 12: Agnew: Kim orebody showing promise in 2008

    Agnew: Kim orebody showing promise in 2008 Waroonga Complex Main Lode Reserve June 2008 0.615 Moz Kim Lode 500m 5 Reserve Level 2008 Mining Pre-2008 Mining Post 2008 149

  13. Slide 13: Agnew: 1.14Moz added at an exploration cost of A$35/oz

    Agnew: 1.14Moz* added at an exploration cost of A$35/oz W Waroonga Complex C l Reserve June 2008 0.62 Moz Main Lode Depletion 2008 - 2010 0.44 Moz Kim Lode Addition 2008 - 2010 1.14 Moz Reserve Dec 2010 1.32 Moz 500m 5 Mining Pre-2008 Mining Post 2008 Reserve Level 2008 Current Cu e t Reserves ese e

  14. Slide 14: Australasia Region: Project Pipeline

    Australasia Region: Project Pipeline Targeting an additional 3Moz of reserves Early E l stage t Advanced Ad d stage t Pre-Feasibility P F ibilit Construction Exploration Exploration & Feasibility  St Ives  Greater Victory, y, Greater  Greater  Heap p Leach upgrade pg – Beta Porphyry, Yorick, Orc

  15. Slide 15: Australasia Region: 5-year outlook

    Australasia Region: 5-year outlook Far Southeast Current Base Agnew Agnew 200koz 200koz Maintain A Solid Base Maintain A Solid Base Optimise margin  Optimise margin Buy Down Costs  Bring down Reserve Costs Replacement Grow replacement  Reserve Life of Mine St Ives St Ives  Grow life of mine 450k

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