Harmony Gold Mining Co. Ltd. · JSE:HAR
Harmony Gold Mining — PNG Mining & Petroleum Investment Conference 2010
19 slides from Harmony Gold Mining's conference presentation, December 2010
Slide 1: PNG Mining & Petroleum Investment Conference
PNG Mining & Petroleum Investment Conference Hidden Valley – PNG’s Newest Mine December 2010
Slide 2: Harmony Gold Disclosure Statement
Harmony Gold Disclosure Statement This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbour created by such secti
Slide 3: Newcrest Mining Disclaimer
Newcrest Mining Disclaimer Competent Persons Statement The information in this presentation that relates to Exploration Results, Mineral Resources and Ore Reserves is based on information compiled by C. Moorhead, EGM Minerals for Newcrest Mining Limited who is a Member of The Australasian Institute
Slide 4: Contents
Contents The Hidden Valley mine Transition to operations Foundations Future priorities and growth Movie
Slide 5: Morobe Mining Joint Ventures
Morobe Mining Joint Ventures MMJV is a 50:50 joint venture between Harmony Gold Mining Company Limited and Newcrest Mining Limited Our Mission – Discovering, developing and operating gold mines in Morobe Province to build a sustainable long term business to benefit all our stakeholders 3 joint
Slide 6: Hidden Valley Mine
Hidden Valley Mine Mine officially opened September 2010 Two open pit mines – Hidden Valley and Hamata The plant treats 4.6 million tonnes of ore per year – Hidden Valley Mine will produce on average: +250,000 ounces of gold per year 4 million ounces of silver per year 14 Year mine life base
Slide 7: Safety
Safety Improving year on year trend for Serious Injuries frequency. Key areas of focus: – Operational risk management and risk reduction programs – Contractor safety management systems – Work management systems ( training / procedures)
Slide 8: People
People Employment > 800 direct employees Over 90% are PNG citizens 50% are landowners 15% are female Contractors >1,000 contractor employees Over 85% are PNG Citizens
Slide 9: Environment
Environment Site is permitted under the Environment Act (2000) Extensive on and off site monitoring program supported by scientific studies Progressive rehabilitation since 2007 Environmental Management system with strong focus on water quality Information sharing and consultation with gov
Slide 10: Waste Management
Waste Management The Hidden Valley Mine has an engineered tailings storage facility No mine processing residue, or tailings, is discharged into the environment Major commitment (+100 million Kina) – PNG’s only large scale tailings storage facility. All waste rock is placed in engineered Waste Dumps
Slide 11: Construction Impact on the Watut River
Construction Impact on the Watut River • Construction Phase Sediment Impacts - Mine related sediment entered the Watut River during construction, contributed to flooding events which affected river communities. - Post-construction mitigating actions have substantially reduced suspended sediment leve
Slide 12: Infrastructure
Infrastructure Mine is supported by some world-class infrastructure 4.5km overland pipe conveyor – reduces reliance on diesel-powered truck haulage in mountainous terrain Connection to the Yonki Hydro scheme to provide >90% of electrical power needs Benefits delivered by PPL to local communi
Slide 13: Performance
Performance Operational performance continues to improve Excellent resource grade reconciliation De-bottlenecking program aimed at lifting nameplate by 12% Intensive training and development program to support localisation targets
Slide 14: Nationally Significant Project
Nationally Significant Project ,ŝĚĚĞŶsĂůůĞLJŚĂƐďĞŐƵŶƚŽĐŽŶƚƌŝďƵƚĞƐƵďƐƚĂŶƚŝĂů ƌĞǀĞŶƵĞƚŽƚŚĞůŽĐĂůĐŽŵŵƵŶŝƚLJĂŶĚWE''ŽǀĞƌŶŵĞŶƚ͗ – Mine construction 1.4B Kina – Life of mine expenditure (estimate) >3 Billion Kina – PNG tax and royalties (estimate) >0.9 Billion Kina LOM – Royalty flows to community, governme
Slide 15: Sustainability – Business Development
Sustainability – Business Development Landowner company NKW participates in significant mine related business opportunities Involved in a number of key mine support contracts – solely or with JV partners Approximately 300 employees Business turnover >60 million Kina per year Maiden dividen
Slide 16: Community & Sustainable Development
Community & Sustainable Development Delivering on Mine Village and broader Watut River community projects – Village infrastructure – Water supplies – Aquaculture – Agriculture – Educational – Health Partnering with Government & NGOs to bring infrastructure development to the Bulolo District Si
Slide 17: Hidden Valley Growth
Hidden Valley Growth Build production towards 300kozs Au per annum De-bottlenecking and minor capital expenditure program to lift mill throughput to +5mtpa Continuing brownfields exploration and resource definition programs to increase resource base Plan to drill 37,000 meters this year Eval
Slide 18: In Conclusion
In Conclusion Hidden Valley is building up its production rate post-commissioning Already a world class mineral resource base - and growing Inclusive Stakeholder engagement processes Environmental programs established Investing in sustainable community development Benefits being delivere
Slide 19: Em Tasol
Em Tasol
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