Sandfire Resources Ltd · ASX:SFR
Sandfire Resources — Shareholder Meeting (November 2013)
21 slides from Sandfire Resources's shareholder meeting presentation, Nov 27, 2013
Slide 1: 2013 Annual General Meeting
A Premier Australian Copper Producer For personal use only 2013 Annual General Meeting Wednesday, 27 November 2013 S a n d f I r e R e s o u r c e s - A P r e m I e r A u s t r a l I a n C o p p e r P r o d u c e r
Slide 2: Managing Director's Address
A Premier Australian Copper Producer For personal use only Managing Director's Address Karl Simich, Managing Director and CEO 2 S a n d f I r e R e s o u r c e s - A P r e m I e r A u s t r a l I a n C o p p e r P r o d u c e r
Slide 3: Realising our Vision: Strong Production and Cash Flow
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa VMS copper-gold mine 1.5Mtpa +90% Our underground mining rate Copper
Slide 4: FY2013 sales revenue, profit and metal production
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa VMS copper-gold mine $507.3 million 64,017t Cu Our sales revenue for
Slide 5: FY2014 production and cost guidance
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa VMS copper-gold mine 65-75,000t Cu +15km 35-45,000oz Au The total amo
Slide 6: Growth through Exploration: mine life and resource additions
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa 66,000t Cu VMS copper-gold mine Growth through Exploration 149,000oz
Slide 7: Growth through Exploration: DeGrussa exploration and oxide copper
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa VMS copper-gold mine Growth through Exploration $20 million • Discove
Slide 8: Thaduna/Green Dragon joint venture
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa VMS copper-gold mine Growth through Exploration $9 million • Discover
Slide 9: The next chapter: business development
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners from the premier high-grade DeGrussa VMS copper-gold mine Growth through Exploration $10 million • Discove
Slide 10: Farm-in joint ventures around Australia
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow • Deliver superior returns to our owners 5 from the premier high-grade DeGrussa VMS copper-gold mine Growth through Exploration The number of farm-
Slide 11: Strategy: world-class mining company
Sandfire – Realising our Vision A quality Australian mining company focused on shareholder returns For personal use only Strong Production and Cash Flow Maintain the highest standards • Deliver superior returns to our owners from the premier high-grade DeGrussa of safety, VMS copper-gold mine integr
Slide 12: Strong production and cash flow
A Premier Australian Copper Producer Strong production and cash flow For personal use only 12 S a n d f I r e R e S sa no d uf I rr ec Re ess o u r- c e sA - PA r Per emm II eer r A u A s t ur asl It a rn a C lo Ip a p enr PCr ood up c pe re r P r o d u c e r
Slide 13: Operations Overview: Mining
Operations Overview Strong focus on optimising existing operations to lay foundations for growth For personal use only Mining Stabilise • Life-of Mine plan incorporating up-to-date resource and geotechnical knowledge • Capacity review underway to consider production growth options in conjunction Opt
Slide 14: Operations Overview: Processing
Operations Overview Strong focus on optimising existing operations to lay foundations for growth For personal use only Processing • Grind and reagent optimisation underway Stabilise to continue to increase copper recoveries • Work underway to increase gold recoveries • Throughput and recoveries thro
Slide 15: Operations Overview: Resource
Operations Overview Strong focus on optimising existing operations to lay foundations for growth For personal use only Stabilise Optimise Resource • Diamond Drilling for extensions of DeGrussa, C1 and C4 underway and C5 when Expand access is available • Surface drilling for potential ‘deep’ C5 exten
Slide 16: Summary
Summary Strong production and margin outlook; exploration gathering momentum Strong production and cost outlook for A premier, high-grade Australian copper producer For personal use only • FY2014 • Strong operating cash flow • Mine life extended to late 2020 • Underground exploration underway and ac
Slide 17: 2013 Annual General Meeting
A Premier Australian Copper Producer For personal use only 2013 Annual General Meeting Wednesday, 27 November 2013 S a n d f I r e R e s o u r c e s - A P r e m I e r A u s t r a l I a n C o p p e r P r o d u c e r
Slide 18: Important Information and Disclaimer
Important Information and Disclaimer Competent Person’s Statement and 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 d
Slide 19: Appendix: Competent Person's Statements
Appendix: Competent Person’s Statements Competent Person’s Statement – Mineral Resources and Open Pit Ore Reserves The information in this report that relates to Mineral Resources and Open Pit Ore Reserves is based on information compiled by Mr. Ekow Taylor who is a Member of The Australasian Instit
Slide 20: Ore Reserve & Mineral Resource: Underground
Ore Reserve & Mineral Resource Appendix 1 – Ore Reserve and Mineral Resource For personal use only DeGrussa Mine - Underground As at 31 March 2013 Ore Reserve Mineral Resource Deposit Reserve category Tonnes (Mt) Copper (%) Gold (g/t) Contained Copper (t) Contained Gold (oz) Resource category Tonnes
Slide 21: Ore Reserve & Mineral Resource: Total
Ore Reserve & Mineral Resource For personal use only Appendix 1 – Ore Reserve and Mineral Resource DeGrussa Mine - Total As at 31 March 2013 Ore Reserve Mineral Resource Tonnes Deposit Reserve ategory Tonnes (Mt) Copper (%) Gold (g/t) Contained Copper (t) Contained Gold (oz) Resource category Copper
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