Slide 1: Gold Fields Australia – Regional Overview
Gold Fields Australia – Regional Overview Executive Vice President: Stuart Mathews 1
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. In particular, the forward-looking statements in this document include
Slide 3: Australia – the cornerstone of Group production
Australia – the cornerstone of Group production H1 2022 Snapshot Gold Fields Group Mines: 9 H1 2022 att. gold production contribution Projects: 1 Americas: Countries: 5 11% South Att. production: 1,201koz (+9% YoY) Africa: 13% AIC: US$1,352/oz (+6% YoY) Australia: 44% Adjusted free cash flow from op
Slide 4: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 4
Slide 5: Introducing the team
Introducing the team Stuart Mathews: Executive Vice President Graeme Ovens Tim Hewitt Vice President: Operations Vice President: Technical Philip Woodhouse Kelly Carter Gary Snow Karen Bradshaw Alex Munt Vice President: Sustainable Vice President: Legal & Vice President: Exploration Vice President:
Slide 6: Consistently strong operational performance
Consistently strong operational performance Delivering significant cash flows, whilst supporting long term growth and leading ESG performance • Safety: Rigorous approach to eliminating fatalities and serious injuries in our business, with continued focus on psychological and physical safety • ESG: I
Slide 7: Key metrics
Key metrics 2021 2022 YTD Fatality 0 1 TRIFR 6.21 5.81 Safety engagements 69,011 52,817 CSL training 983 995 Production 1.02Moz Guidance 1.05Moz All in Cost / AIC A$1,526 Guidance A$1,657 Free cashflow (post tax) A$619M Mineral resources 20.1Moz* (+3% net of depletion) Mineral reserves 7.9Moz* (+5%
Slide 8: Benchmarking against Australian peers
Benchmarking against Australian peers koz Comparison of Australian gold producers: Gold produced in 2021 2000 1800 1600 1400 1200 1000 800 600 400 200 0 Ramelius Silver Lake West Gold St Barbara Regis AngloGold Evolution Gold Fields Newmont Northern Star Newcrest Australia A$/oz Comparison of Austra
Slide 9: Benchmarking against Australian peers
Benchmarking against Australian peers koz Comparison of Australian gold producers: Gold produced in 2021 2000 1800 1600 1400 1200 1000 800 600 400 200 0 Ramelius Silver Lake West Gold St Barbara Regis AngloGold Evolution Gold Fields Newmont Northern Star Newcrest Australia A$/oz Comparison of Austra
Slide 10: Track record of delivery
Track record of delivery koz Gold Fields Australia region production: actual vs. guidance A$/oz Gold Fields Australia region AIC: actual vs. guidance 1200 1800 1600 1000 1400 800 1200 1000 600 800 400 600 400 200 200 0 0 2016 2017 2018 2019 2020 2021 2016 2017 2018 2019 2020 2021 Guidance Actual Gui
Slide 11: Growing the value and quality of our portfolio
Growing the value and quality of our portfolio 11
Slide 12: Simplified Archaean geology
Simplified Archaean geology Gold Fields | Analyst & Investor Site Visit | November 2022 12
Slide 13: Simplified Archaean geology
Simplified Archaean geology Gold Fields | Analyst & Investor Site Visit | November 2022 13
Slide 14: Simplified Archaean geology
Simplified Archaean geology Gold Fields | Analyst & Investor Site Visit | November 2022 14
Slide 15: Simplified Archaean geology
Simplified Archaean geology Gold Fields | Analyst & Investor Site Visit | November 2022 15
Slide 16: Geology/exploration requires the right information for timeous and best value decisions
Geology/exploration requires the right information for timeous and best value decisions Clear understanding of the target Geologically • Target = geology and value proposition • Geology – shear hosted hydrothermal style Value • Value proposition Proposition • Large o/p > large u/g ……..small o/p > sm
Slide 17: Disciplined process
Disciplined process Ground Budget • World class • Needs regular “maturity” test – value proposition People People Process • Build a specialist, dynamic team Ground Reserves First Total Life To Mine Discovery (Dec. 2021: Budget Production Production Date Moz) Waroonga 1985 1987 35 3.414 • A$80 – 90M/
Slide 18: Disciplined process
Disciplined process • Shear hosted hydrothermal • Z >>>>>> X > Y Gold Fields | Analyst & Investor Site Visit | November 2022 18
Slide 19: Disciplined process
Disciplined process • Shear hosted hydrothermal • Z >>>>>> X > Y • Best tools for discovery • Geophysics • Structural studies • Geochemistry • Footprint studies • Drilling / effective sample Gold Fields | Analyst & Investor Site Visit | November 2022 19
Slide 20: Disciplined process
Disciplined process • Shear hosted hydrothermal • Z >>>>>> X > Y • Best tools for discovery • Geophysics • Structural studies • Geochemistry • Footprint studies • Drilling / effective sample Gold Fields | Analyst & Investor Site Visit | November 2022 20
Slide 21: Disciplined process
Disciplined process • Shear hosted hydrothermal • Z >>>>>> X > Y • Best tools for discovery • Geophysics • Structural studies • Geochemistry • Footprint studies • Drilling / effective sample Gold Fields | Analyst & Investor Site Visit | November 2022 21
Slide 22: Disciplined process
Disciplined process • Shear hosted hydrothermal • Z >>>>>> X > Y • Best tools for discovery • Geophysics • Structural studies • Geochemistry • Footprint studies • Drilling / effective sample Gold Fields | Analyst & Investor Site Visit | November 2022 22
Slide 23: Disciplined process
Disciplined process • Shear hosted hydrothermal • Z >>>>>> X > Y • Best tools for discovery • Geophysics • Structural studies • Geochemistry • Footprint studies • Drilling / effective sample Gold Fields | Analyst & Investor Site Visit | November 2022 23
Slide 24: Brownfields success at St Ives - Invincible continues to expand
Brownfields success at St Ives - Invincible continues to expand 6539700N 6541300N 6542800N 6544300N 6545800N N Invincible North Invincible Invincible South S Dolerite Dyke 0m RL Invincible Footwall Drake -750m RL open Invincible Invincible South Mudstone Invincible Deeps Extensions Footwall target M
Slide 25: At Agnew: Waroonga continues to grow at depth
At Agnew: Waroonga continues to grow at depth North Saint Target FBH Everton Extension Target WN Extension Kath Extension Drill drives required for Multiple open ore zones FBH & Everton Drill drive and access Reserve conversion for reserves conversion *Diggers & Dealers - 2022 25
Slide 26: A new zone is also opening at Redeemer
A new zone is also opening at Redeemer N Barren Lands Open Pit Zone 2 UG Resource Redeemer Complex Zone 2 south Barren Lands Underground Zone 2 UG target open open Redeemer Zone 2 drill drive open to commence in H1 2023 Redeemer North UG Resource Redeemer North UG target open open *Diggers & Dealers
Slide 27: Consistent growth in reserves
Consistent growth in reserves Gold Fields | Analyst & Investor Site Visit | November 2022 27
Slide 28: LoM visibility greater than 10 years in Australia
LoM visibility greater than 10 years in Australia Production Initial Since Reserve Reserve • Investing A$80m-100m/per year in exploration Mine Reserve 2021 Multiplier (Moz)* Purchase (Moz)*** **** (last 6 years) (Moz)** • Replaced and grown reserves St Ives 2.3 9.5 2.4 4.2x • Conversion cost at c.A$
Slide 29: Building on our leading commitment to ESG
Building on our leading commitment to ESG 29
Slide 30: Setting the ESG benchmark: Gold Fields’ 2030 ESG targets
Setting the ESG benchmark: Gold Fields’ 2030 ESG targets 1 DECARBONISATION 2 TAILINGS MANAGEMENT 3 WATER STEWARDSHIP • 50% absolute emission and 30% net • Conformance to the Global Industry • 80% water recycled/reused emission reductions from 2016 baseline Standard on Tailings Management • 45% reduc
Slide 31: Our decarbonisation journey in Australia so far
Our decarbonisation journey in Australia so far Granny Smith Agnew Gruyere • 8MW solar, 2MW/1MWh BESS, • 18MW wind, 4MW solar, • 12MW solar, 4.4MW/4.4MWh 35MW gas, 5MW diesel 13MW/4MWh BESS, 18MW gas, BESS, 53MW gas, 3MW diesel 3MW diesel • Renewables & BESS* A$17m • Renewables & BESS* A$23m • Renew
Slide 32: Strategy for Gold Fields’ Australian operations
Strategy for Gold Fields’ Australian operations Absolute 50% emissions reduction by 2030 against a 2016 baseline, potentially requiring A$900m in capital over 8 years AGNEW ST IVES 21MW 18MW Wind Plant 13MW Gas/Diesel Plant BESS Waroonga New Holland Capex $160m Redeemer Invincible Capex $350m Hamlet
Slide 33: Slide 33
Slide 34: Tailings storage facility management
Tailings storage facility management • Strong tailings governance in the region – input into GISTM development • Accountable Executive, Responsible TSF engineer, Engineers of Record • Move to in-pit tailings where possible • Tailings Management System Gold Fields | Analyst & Investor Site Visit | No
Slide 35: GISTM Road Map
GISTM Road Map Gold Fields | Analyst & Investor Site Visit | November 2022 35
Slide 36: Zero Emissions Vehicle (ZEV) trials to replace diesel
Zero Emissions Vehicle (ZEV) trials to replace diesel Proof of concept ZEV truck & LHD trials • ZEV truck and LHD trials have commenced this year at our St Ives and Granny Smith mines in WA • A Sandvik LH518B ZEV loader is set to start trials at South Deep later this year • ZEV mining equipment curr
Slide 37: Two phases to our safety strategy
Two phases to our safety strategy Gold Fields | Analyst & Investor Site Visit | November 2022 37
Slide 38: Gold Fields | Analyst & Investor Site Visit | November 2022
38 Gold Fields | Analyst & Investor Site Visit | November 2022
Slide 39: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 39
Slide 40: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 40
Slide 41: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 41
Slide 42: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 42
Slide 43: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 43
Slide 44: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 44
Slide 45: THANK YOU
THANK YOU Questions? 45