Slide 1: March 2015 Quarterly Report Presentation and Webcast
For personal use only March 2015 Quarterly Report Presentation and Webcast – Karl Simich, Managing Director & CEO Access this presentation at http://webcasting.brrmedia.com/broadcast/137142 or www.sandfire.com.au 23 April 2015
Slide 2: Forward-Looking Statements
For personal use only Forward-Looking Statements This presentation has been prepared by Sandfire Resources NL. This document contains background information about Sandfire Resources NL current at the date of this presentation. The presentation is in summary form and does not purport be all inclusive
Slide 3: Highlights Agenda
Highlights For personal use only • Agenda • Safety • Mining • Processing • Sales • Operating Costs • Guidance • Exploration • Summary and outlook 3
Slide 4: Production and Operations: March 2015 Quarterly Highlights
Production and Operations For personal use only March 2015 • 17,103t copper and 10,150oz gold produced; C1 US$0.97/lb Quarterly • Mining rates at ~1.7Mtpa; Milling rates maintained at ~1.5Mtpa • Installation and commissioning of key process plant enhancements completed; initial results indicate High
Slide 5: Safety
Safety For personal use only Continued sound safety performance • Total Recordable Injury Frequency Rate (TRIFR) of 8.6 at Quarter-end (vs. 9.3 at December Quarter-end) • Work continues on initiatives to improve safety performance including development of safety systems, improved safety leadership,
Slide 6: Mining Overview
For personal use only Mining Overview Production rates on target Underground production and mine development • Total ore production for the Quarter of 440,347 tonnes grading 4.60% Cu • Production rates +1.7Mtpa • Mine remains in balance between production and back-fill; paste plant performance on ta
Slide 7: Processing
Processing For personal use only Enhancement projects immediately boost recoveries Mill throughput • 363,841t milled at average head feed grade of 5.12% Cu • Process improvement projects installed and commissioned with optimisation underway • Pebble crusher, SAG mill classification screen and column
Slide 8: Sales
Sales For personal use only Copper & Gold Sales • Quarterly sales of 16,257 tonnes of contained copper and 9,756 ounces of gold • Port Hedland and Geraldton Ports both operating well • 17,000 tonnes concentrate holding at site and at port at Quarter-end 8
Slide 9: DeGrussa Solar Power Initiative
DeGrussa Solar Power Initiative For personal use only Renewable energy project with potential to reduce costs and CO2 emissions • Proposed DeGrussa 10.6MW solar power station to be fully integrated with existing 16MW diesel-fired power station • $40M project being led by juwi Renewable Energy on Bui
Slide 10: Unit Operating Costs
Unit Operating Costs C1 and total production costs For personal use only Q3 FY2015 Unit costs – DeGrussa Mine Commentary (US$/lb) Mining (net of development) 0.36 Factors assisting lower C1 unit costs: Processing 0.28 1. Plant improvements driving capacity and higher Business services 0.11 recoverie
Slide 11: Exploration Summary
Exploration Summary For personal use only Encouraging results from DeGrussa and international exploration • Data review underway to generate a robust geological model for drill targeting of the DeGrussa stringer stockwork • RC and diamond drilling underway to test a 7km long geochemical anomaly at t
Slide 12: Dominant Position in an Emerging VMS Province
Dominant Position in an Emerging VMS Province For personal use only Consolidating a strong position in Western Australia’s emerging Bryah Basin • Only operating base metals processing plant in the region (1.5Mtpa DeGrussa Concentrator) • Outstanding organic growth potential – extensive 65km strike l
Slide 13: Summary & Outlook
Summary & Outlook For personal use only Key enhancement projects now in place; strong outlook for the remainder of FY2015 • Quarterly production and cost performance: 17,103t copper, 10,150oz gold production at C1 cost of US$0.97/lb Plant optimisation projects delivering excellent early results • Op
Slide 14: Contact Details: Sandfire Resources NL
For personal use only Contact Details: Sandfire Resources NL Registered Office and Principal Place of Business Level 1, 31 Ventnor Avenue, West Perth, Western Australia 6005 T +61 8 6430 3800 F +61 8 6430 3849 www.sandfire.com.au Access this presentation at: http://www.brrmedia.com/event/133416 / ht