Slide 1: Annual General Meeting CEO Presentation
Annual General Meeting CEO Presentation 15 June 2012
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securiti
Slide 3: OceanaGold Vision 2016
OceanaGold Vision 2016 Our Values: Respect Integrity Teamwork Innovation Action Accountability • High performing, growth orientated, Asia Pacific gold company • Explore, develop and operate quality assets in a safe & sustainable manner Our Vision 2016 Enablers • Innovative team culture • Annual prod
Slide 4: 2011 Highlights
2011 Highlights • Revenue $396m @ average gold price of $1,587 per ounce • 249,261 oz gold sold at cash operating cost $875 per ounce • Produced 252,499 ounces of gold • EBITDA $164m up 17% vs FY2010 • Cash @ 31 December $170m • Didipio Project construction progressed with key milestones achieved by
Slide 5: Financial Summary
Financial Summary Year Ended 31 December FY2011 FY2010 FY2009 Statement of Operations Revenue US$M 395.6 305.6 237.1 EBITDA US$M 163.9 139.5 106.2 Operating profit / (Loss) US$M 78.5 71.8 40.4 Net Earnings / (Loss) US$M 44.2 44.4 54.5 Operations snapshot Gold Produced oz 252,499 268,602 300,391 Gold
Slide 6: Health & Safety Performance
Health & Safety Performance • LTIFR (per million man hours) decreased to 1.94 in 2011 – Significant improvement at Reefton • Focus on health & safety awareness and training in New Zealand and Philippines • Regrettable fatality of security contractor at Didipio from Typhoon Pedring • Key management K
Slide 7: Environmental Performance
Environmental Performance Enduring benefits beyond the life of mine • Achieved carbon emission targets per Negotiated Greenhouse Gas Agreement with New Zealand Government • Completed further 1.1 ha reforestation at Reefton • Achieved 9% surface water reduction at Macraes and reclaimed 90% of water u
Slide 8: Community Engagement
Community Engagement Delivering long term sustainable benefits to local communities • >20 years community and environmental track record in New Zealand • Actively delivering health, environmental, social and community programs to remote communities in northern Luzon, Philippines. Key programs: – Med
Slide 9: Didipio Community Involvement
Didipio Community Involvement Kasibu Fiesta with sponsored sports team Agricultural planting program Site visit with local government Skills training program graduation Typhoon food relief aid DiCorp skills training ceremony 9 OceanaGold Corporation
Slide 10: Didipio Gold/Copper Project
Didipio Gold/Copper Project Construction commenced June 2011 • Concrete pour commenced Nov 2011 • Mining & TSF construction commenced Jan 2012 • Structural steel erected Q1 2012 • Major equipment arrived on-site Mar 2012 • Commissioning Q4 2012 10 OceanaGold Corporation
Slide 11: Didipio Construction Progress
Didipio Construction Progress May 2012 TSF construction of pump sump Primary crusher, conveyor & ROM pad Concentrate handling tank Cleaning of ball mill surfaces Sediment pond Tailing thickener concrete and steel works 11 OceanaGold Corporation
Slide 12: Didipio Construction Progress
Didipio Construction Progress June 2012 Ball and Sag Mills Primary Crusher Flotation Cells Thickeners Reagent Lime Flotation TSF 12 OceanaGold Corporation
Slide 13: Building the Growth Pipeline
Building the Growth Pipeline Operations • Steady New Zealand operations with strong leverage to gold price • H2 2012 production > H1 2012 production • FY2012 Production guidance of 230-250k oz Au @ cash costs of US$900- $980/oz Development • Didipio Project construction commenced June 2011. Currentl
Slide 14: OceanaGold
i a 4) OCEANAGOLD oceanagold.com PC Innovation Performance Growth