St. Barbara Ltd. · ASX:SBM
St. Barbara — Macquarie Mining and Energy Forum 2020
22 slides from St. Barbara's conference presentation, Jun 11, 2020
Slide 1: Presentation to Macquarie Mining and Energy Forum
11 June 2020 Presentation to Macquarie Mining and Energy Forum Attached is a presentation by Craig Jetson, Managing Director & CEO, to investors attending the Macquarie Mining and Energy Forum. Investor Relations Mr David Cotterell Manager Investor Relations +61 3 8660 1900 Media Relations Mr Ben Wi
Slide 2: Macquarie Mining and Energy Forum
Macquarie Mining and Energy Forum Craig Jetson, Managing Director & CEO 11 June 2020
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by St Barbara Limited (“Company”). The material contained in this presentation is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of, or a recommendation in relation to, securities in the Compa
Slide 4: We are St Barbara
We are St Barbara An ASX 200 gold company with a global footprint and a complementary suite of assets New MD & CEO, Craig Jetson, joined in February 2020 Our current areas of focus are: 1. Keeping our people safe and maintaining operations 2. A holistic review of our business and operating model 3.
Slide 5: The health, safety and wellbeing of our people
The health, safety and wellbeing of our people • No COVID-19 cases detected at sites • Working within a clear COVID-19 Management Framework • Implementing measures consistent with relevant government advice • Providing additional mental health and wellbeing support • Supporting and engaging our comm
Slide 6: St Barbara's global footprint
St Barbara’s global footprint Leonora Operations Simberi Operations Atlantic Gold Operations Australia Papua New Guinea Canada • Gwalia underground mine • Open pit mine • Open pit mine • FY 20F production 170–180 koz • FY 20F production 105–115 koz • FY 20F production 95–105 koz • 2.1 Moz Ore Reserv
Slide 7: FY20 Outlook
FY20 Outlook AISC 1,375 (A$/oz) 1,080 1,007 932 907 891 FY15 FY16 FY17 FY18 FY19 FY20F Gold Production (koz) 377 381 403 362 385 328 110 116 135 100 80 142 110 248 267 265 268 220 175 FY15 FY16 FY17 FY18 FY19 FY20F Guidance Gwalia Simberi Atlantic Gold Total mid-points Macquarie Mining and Energy Fo
Slide 8: Leonora Operations, Australia
Leonora Operations, Australia 1. Operational review focused on optimising Gwalia’s future and achieving steady, reliable production 2. The aim of this review is threefold: • Optimise development • Maximise ore extraction and production • Reduce costs for future operations 3. Ventilation fans operati
Slide 9: Atlantic Gold Operations, Canada
Atlantic Gold Operations, Canada This acquisition is delivering to expectations with low-cost operations complemented by a strong future project pipeline Planned expansion of three additional pits at Beaver Dam, Fifteen Mile Stream and Cochrane Hill to extend combined mine life to FY 2030 Current ar
Slide 10: Simberi Operations, Papua New Guinea
Simberi Operations, Papua New Guinea Progressing the Simberi Sulphide Project Feasibility Study to decision • Further optimising the work completed in the Pre-Feasibility Study, targeting a potential investment decision in Q3 March FY21 with a two-year construction window • The current mine plan ant
Slide 11: Our sustainability profile
Our sustainability profile A foundation of our strategy is to be ‘trusted to operate’ by all our stakeholders. We: 1. Aim to comply with and, ideally, exceed all relevant regulations 2. Operate in accordance with community expectations and enhance our licence to operate 3. Support key NGOs and initi
Slide 12: In summary
In summary At St Barbara, we have: • Experienced leadership and operations team with a proven track record • Strong focus on Gwalia’s production profile, Atlantic Gold Operation’s future pipeline of projects and a potential extended future for Simberi • Strong safety record and values-based culture
Slide 13: Investor Relations Enquiries
Investor Relations Enquiries David Cotterell Manager Investor Relations Rowan Cole Company Secretary T: + 61 3 8660 1900 E: info@stbarbara.com.au Macquarie Mining and Energy Forum / 12
Slide 14: Appendix
Appendix Macquarie Mining and Energy Forum / 13
Slide 15: St Barbara's COVID-19 Management Framework
St Barbara’s COVID-19 Management Framework Support Barriers - Care packages Prevention Programs of support for - Coaching Proactive control to personnel and their - Training prevent the virus from families entering the workplace - Screening Programs - Checking - Testing C19 Management - Cases Contro
Slide 16: Consolidated Q3 March FY20 Results
Consolidated Q3 March FY20 Results AISC (A$/oz) 1,421 1,364 1,405 1,175 1,073 Gold Production (koz) 108 109 94 92 20 23 88 22 29 26 34 36 27 23 26 54 50 38 42 40 FY19 FY19 FY20 FY20 FY20 Q3 Mar Q4 Jun Q1 Sep Q2 Dec Q3 Mar Gwalia Simberi Atlantic Total Figures displayed to nearest thousand ounces. Ma
Slide 17: Growth Pipeline
Growth Pipeline Regional KEY Canada Moose River Corridor Papua New Guinea Tabar Island Group Australia (Au, Au-Cu) Equity Investments Back Creek Leonora Province Greater Gwalia Beaver Dam Pinjin Cochrane Hill Peel Mining Lake Wells1 Fifteen Mile Stream Touquoy Mine4 (16%) (Au, EJV with APC) Catalyst
Slide 18: Exploration | FY20 Guidance – A$30 to A$37 million
Exploration | FY20 Guidance – A$30 to A$37 million Total FY20 exploration guidance A$30 to A$37 million, comprising: A$5 – A$6 million Leonora A$9 – A$12 million PNG • Drilling focused on regional targets and analysis of near mine results • Simberi Oxides/Sulphides and Porphyry A$5 – A$6 million Pin
Slide 19: Corporate Overview
Corporate Overview ASX 200 (ASX: SBM; ADR: STBMY), est. 1969 Commodity Gold (Au) Market Cap1 A$2.1 B @ A$3.00/sh Shares 703 M Liquidity2 8.2 M/day (1.2%) 1H FY20 EPS A$0.06 1H FY20 DPS A$0.04 Cash and term deposits3 A$320 M Debt3 A$316 M Ore Reserves (JORC) 4 6.4 Moz Mineral Resources 4 12.2 Moz 1.
Slide 20: Hedging as at 11 June 2020
Hedging as at 11 June 2020 Volume Price Delivery Financial Year Type Delivery Announced ounces $/oz schedule FY21 26,000 A$1,809 Forward Jul to Dec 2020 Monthly 26 Oct 2018 FY21 26,000 A$1,961 Forward Jul to Dec 2020 Monthly 24 Feb 2020 1 FY21 52,489 C$1,759 Forward Jul 2020 to Feb 2021 Quarterly 24
Slide 21: Non-IFRS Measures, glossary and scheduled announcements
Non-IFRS Measures, glossary and scheduled announcements Non-IFRS Measures We supplement our financial information reporting determined under International Financial Reporting Standards (IFRS) with certain non-IFRS financial measures, including cash operating costs. We believe that these measures pro
Slide 22: Competent Persons Statement
Competent Persons Statement Exploration Results The information in this presentation that relates to Exploration Results for Simberi and Pinjin is based on information compiled by Dr Roger Mustard, who is a Member of The Australasian Institute of Mining and Metallurgy. Dr Mustard is a full-time empl