Slide 1: Denver Gold Forum 2017: Reinvesting for the Future
Damang pit, Ghana Gruyere, Western Australia South Deep, South Africa Salares Norte, Chile Denver Gold Forum 2017 REINVESTING FOR THE FUTURE 25 September 2017
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: Member of the ICMM
Member of the ICMM Catalyst for change ● ICMM is a CEO-led international organisation that advocates for a responsible and sustainable mining and metals sector. Sustainable development framework ● 10 sustainability principles and 7 position statements - ethical business practices, environmental stew
Slide 4: Regional overview
Regional overview Group: H1 2017 Group: Q2 2017 Attributable production 1,047koz Attributable production 550koz AIC US$1,103/oz AIC US$1,092/oz Mine net cash flow* US$105m Mine net cash flow* US$70m Demarks growth projects in Gold Field’s portfolio West Africa Region Att. production: 323koz (32% of
Slide 5: Comfortable balance sheet, with flexibility
Comfortable balance sheet, with flexibility Net debt (US$m) and Net debt/EBITDA ● Net debt of US$1,365m at 30 June 2017 2,000 2.0 ● Net debt to EBITDA of 1.12x at end-June 2017 1,500 1.5 from 0.95x at end-2016 US$m ● First material debt maturity in June 2019 1,000 1.0 (previously November 2017) 500
Slide 6: Securing the longer term profile
Securing the longer term profile ● Investment initiatives underway which enable Gold Fields to maintain the current production profile for the next 8 to 10 years and upgrade the quality of the portfolio through lowering AIC: ̵ Damang Reinvestment ̵ Gruyere JV ̵ South Deep Rebase ̵ Brownfields explor
Slide 7: Profiles by mine
Profiles by mine koz Production and region AIC (2017 money terms) US$/oz koz Managed production and region AIC (2017 money terms) US$/oz 1,200 1,400 1,000 1,400 900 1,000 1,200 1,200 800 1,000 700 1,000 800 800 600 800 600 500 600 400 600 400 300 400 400 200 200 200 200 100 - - - - 2018 2019 2020 20
Slide 8: Progress on Gruyere
Progress on Gruyere ● Approval for the Project Management Plan, Mining Proposal and Mine Closure Plan – Achieved ● Construction of 648 Room accommodation village & facilities – Completed July 2017 ● EPC, bulk earthworks, SAG mill supply and primary crusher supply contracts – Awarded ● SAG & Ball Mil
Slide 9: Progress on Gruyere
Progress on Gruyere Main Access Road Airstrip and Airport Terminal Building Processing Plant and Tailings Storage Facility Gruyere is on track for first production early 2019 Denver Gold Forum, 25 September 2017 9
Slide 10: Update on the Damang reinvestment project
Update on the Damang reinvestment project ● The Damang reinvestment project commenced on 23 December 2016 with the two major contractors operating in the Damang complex and satellite pit areas ● Good progress made to date: ̵ Total tonnes mined in H1 2017 were 18.9Mt vs. plan of 15.2Mt ̵ Total tonnes
Slide 11: Update on South Deep
Update on South Deep ● Slow start to the Rebase Plan in Q1 2017 ̵ Two fatalities and three falls of ground ̵ Access to high grade areas and haulage infrastructure was restricted ● Good recovery in Q2 2017 ̵ Tonnes mined: 414kt in Q2 2017 vs. 365kt in Q1 2017 (13% increase) ̵ Average reef grade: 5.73
Slide 12: Salares Norte moving up the value curve
Salares Norte moving up the value curve ● 100% Gold Fields owned gold-silver deposit in the Atacama region of northern Chile ● Mineralisation is contained in a high-sulphidation epithermal system, offering high-grade oxides ● Mineral resources as at 31 December 2016 of 4.4Moz gold equivalent (25.6Mt
Slide 13: Investor Relations Contacts
Invincible Pit, St Ives, Western Australia Investor Relations Contacts Media Contact Avishkar Nagaser Thomas Mengel Sven Lunsche Tel: +27 11 562 9775 Tel: +27 11 562 9849 Tel: +27 11 562 9763 Mobile: +27 82 312 8692 Mobile: +27 72 493 5170 Mobile: +27 83 260 9279 E-mail: E-mail: E-mail: Avishkar.Nag