Gold Fields Limited · JSE:GFI
Gold Fields — BMO Capital Markets 2011 Global Metals & Mining Conference
24 slides from Gold Fields's conference presentation, Mar 2, 2011
Slide 1: Towards Five Million Ounces
Towards Five Million Ounces Nick Holland Chief Executive Officer The BMO Capital Markets 2011 Global Metals & Mining Conference Hollywood, Florida February 27 to March 2, 2011
Slide 2: Forward Looking Statements
Forward Looking Statements 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. Such forward looking statements involve known and unknown risks, uncert
Slide 3: Gold Fields: A Growth Story
Gold Fields A Growth Story Finland Mali Philippines Ghana Tarkwa Peru Damang Cerro Corona 2001 Australia South Africa Agnew Driefontein St Ives Kloof Beatrix South Deep Project 2008 Building a global company 3
Slide 4: What Gold Fields Offers
Gold Fields What Gold Fields Offers …. A Quality Reserve 77 million ounces of reserves A Strong Production Base 3.6 million ounces annualised Safety Strategy Delivering 2010 safest year ever Strong Free Cash Flow US$140 million1 (6 months to Dec 2010) Strong Growth Pipeline Targeting 5moz by 2015 St
Slide 5: Our Vision, Strategy & Target
Our Vision, Strategy & Target Simple Yet Compelling To Be The Global Leader In Sustainable Gold Mining Free Cash Flow Optimise Our Assets Grow Gold Fields Secure Our Future Targeting 5 million ounces by 2015* * In production or development 5
Slide 6: Growth Portfolio: Developing Five New Mines
Growth Portfolio Developing Five New Mines Arctic Platinum Project Finland Yanfolila Far Southeast Project Project Mali Philippines Peru Chucapaca South Project Africa South Deep Project 5moz in development or production by 2015 6
Slide 7: South Africa Region: South Deep Project
South Africa Region South Deep Project • 35moz reserve • Construction on time and on budget • Build-up to 750 koz by end of 2014 Driefontein/Kloof • 52% increase in 2010 Complex South Deep Project Johannesburg Beatrix Gold Mine Production Build-Up (koz) SOUTH AFRICA 800 600 Cape Town 400 200 0 2009
Slide 8: South Deep Capital Programme
South Africa Region South Deep Project Capital Programme: 2010 to 2014 2.5 Capital (Rbn) 2 1.5 1 Plan 0.5 Actual 0 F2009 F2010 F2011 F2012 F2013 F2014 F2010 F2011 C2012 F2013 F2014 Status Refrigeration Plant 3 Twin Vent Shaft 3 Tailings Storage Facility 3 Plant Expansion 3 New Mine Development 3 Cap
Slide 9: South America Region: Chucapaca JV Project
South America Region Chucapaca JV Project - Peru Chucapaca JV Project 51% Gold Fields 49% Buenaventura Cerro Corona Mine PERU Lima Chucapaca JV Project Mining Concessions Chucapaca JV Project Gold Fields Buenaventura Aruntani 12,700Ha 94,100Ha 18,400Ha Dominant land position – camp scale opportunity
Slide 10: Chucapaca JV Project - Peru
South America Region Chucapaca JV Project - Peru • Main focus on Canahuire Deposit Canahuire • Discovery hole drilled September 2008 • 50,000m drilled to date • 20,000m in phase one • 30,000m to date in phase two Cerro Chucapaca • 18 months from discovery to resource Katrina • Canahuire Initial reso
Slide 11: Chucapaca JV Project: Canahuire Drilling
Chucapaca JV Project Canahuire Drilling – selected intersections (gold only) Extent of CCP10_114 CCP10_103 CCP10_101 drilling used in 65.30 m @ 4.71g/t 163.50 m @ 3.71g/t 54.94m @ 4.16g/t and 108.7m @ 2.89g/t resource Resource urce PitShell Pi CCP10_088 131.9 m @ 3.29g/t Au CCP10_023A 58 m @ 4.01g/t
Slide 12: Canahuire: Planning Inventory (Dec 2010)
Chucapaca JV Project Canahuire: Planning Inventory (Dec 2010) W E 1.3km 5.6 moz Resource Shell 350m Grades improving Model Looking North extending Higher grades and more ounces 12
Slide 13: West Africa Region: Yanfolila Project
West Africa Region Yanfolila Project - Mali • Significant land position (180 x 60km) • Property consolidation ongoing MALI • Extensive mineralisation across entire property • Drill intensive project - 80,000 m in 2011 Bamako Yanfolila Project Essakane • Main focus on Komana Camp on South Sadiola Lou
Slide 14: Yanfolila Project: Komana Camp
Yanfolila Project Komana Camp Guinea Saniouamale West Guirin West KEKomana East Komana WestKW Gonka Solona Kabaya South Targeting 2 moz within 20 km radius 14
Slide 15: Yanfolila Project: Komana East
Yanfolila Project Komana East • Improved geological understanding • Several parallel structures • High grade mineralisation at surface • KRC0150: 30m @ 5 g/t and 4m @ 9.09 g/t • Drilling on new targets delivering positive results (Guirin West and Gonka) • Gonka – potential for high grade in basalt •
Slide 16: Yanfolila Project: Komana East
Yanfolila Project: Komana East South North KRC0150 – 30m @ 5 g/t and 4m @ 9.1 g/t (1m) KRC0147 – 22m @ 4.7 g/t (39m) KRC0210 – 13m @ 7.9g/t (23m) KRC0211 – 15m @ 9.1g/t (16m) KRC0155 – 21m @ 3.95g/t (0m) KRC0153 – 39m @ 1.8g/t (1m) KRC0172 – 16m @ 7.1g/t (61m) KRC0173 – 10m @ 2.1g/t (31m) KE27 base
Slide 17: Australasia Region: Far Southeast Project
Australasia Region Far Southeast Project - Philippines • World class deposit • One of the highest grade gold and copper porphyries • Significant exploration potential • Established infrastructure • Tarred access roads and existing power lines and substations • Proximity to Poro Point port facilities
Slide 18: Far Southeast Project, Philippines
Far Southeast Project Philippines • Initial 80,000m drill program underway • Resource definition drilling • Confirm the high grade zone Enargite • Exploration potential remains un-tested • 8 u/g rigs and 1 surface 1,600m Drilling rig planned level • Targeting initial indicated Historic drill interse
Slide 19: Arctic Platinum Project, Finland
Arctic Platinum Project Finland • Sleeper in Portfolio • 100% Gold Fields owned • ~12 Moz resource of 2PGE • ROVANIEMI • Au – Cu – Ni by-products circa 50% of Arctic Platinum Project revenue • Price deck tripled since 2003 feasibility FINLAND • Platsol - new metallurgical process HELSINKI • Bench sc
Slide 20: Arctic Platinum Project, Finland
Arctic Platinum Project Finland (indicated) Suhanko North Tuumasuo Konttijarvi 45Mt 2.8Moz 2.0g/t (2PE +Au) Plant site Niittylampi Cu - Ni Ahmavaara Vaaralampi Little Suhanko Not estimated 116Mt 32Mt 5.5Moz 1.0Moz 1.5g/t (2PE +Au) 1.0g/t (2PE +Au) Feasibility on 12moz Resource in 2003 – Significant
Slide 21: Growth Portfolio: Greenfields and Brownfields Projects
Growth Portfolio Greenfields and Brownfields Projects ~5.0 moz Target* Far Southeast Project Arctic Platinum Project Chucapaca Project Yanfolila Project South Deep Project Cerro Corona Oxides Project Argo - Athena Camp, St Ives Damang Growth Project Maintain Current Operations 3.5 moz F2010 F2015 *F
Slide 22: Conceptual Build-up To ~5 Moz p.a. by 2015
Growth Portfolio Conceptual Build-up To ~5 Moz p.a. by 2015 6 000 5 500 Impact of targeting NCE 500 - 1,000 eq Au oz* Annual Production ('000Koz) - Upgrade portfolio 5 000 - Widen NCE margin - Increase cash flow 200 - 300 eq Au oz* 4 500 400 – 600 2PGE + Au eq oz* 150 - 250 Au oz* 4 000 3 500 NCE =
Slide 23: Conclusions
Conclusions A Deep Value Opportunity • Growth portfolio developing rapidly • Global diversification accelerating • Growing free cash flow margin per ounce • Growing ounces per share • A leader in sustainability Towards being the global leader in sustainable gold mining 23
Slide 24: A Deep Value Opportunity
A DEEP VALUE OPPORTUNITY Investor Relations Willie Jacobsz Senior Vice President Head of Investor Relations (office) 508 839-1188 (mobile) 857 241-7127 willie.jacobsz@gfexpl.com Nikki Catrakilis-Wagner Investor Relations Manager (office) +27 11 562 9706 (mobile) +27 83 309 6720 nikki.catrakilis-wagn
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