Polus · RUS:PLZL

Polus — Polyus Gold International — Q1 2013 Earnings Presentation

9 slides from Polus's earnings presentation, Apr 11, 2013

  1. Slide 1: Polyus Gold International: Operating results for 1Q2013

    Polyus Gold International Operating results for 1Q2013 German Pikhoya, CEO 11 April 2013 1

  2. Slide 2: Disclaimer

    Disclaimer The information contained herein has been prepared using information available to Polyus Gold International Limited (“PGIL”) at the time of preparation of the presentation. External or other factors may have impacted on the business of PGIL and the content of this presentation, since its

  3. Slide 3: Highlights of 1Q 2013: Key operating statistics

    Highlights of 1Q 2013 Key operating statistics Operating results1 1Q2012 1Q2013 Change, % Total rock moved, mln m3 16.1 16.7 4 Ore mined, mt 6.8 6.4 -6 Ore processed, mt 5.2 5.3 1 Gold produced, koz 302 320 6 Gold sales, koz 320 322 1 ■ Gold production from continuing operations up by 6% YoY to 320

  4. Slide 4: Strong operational performance: Ore mining – stable volumes and gold grades

    Strong operational performance Ore mining – stable volumes and gold grades Ore mining, mt -6% 6.8 6.4 8 6 -34% +3% 3.0 -3% +111% +4% 1Q2012 4 2.0 1.6 1.6 1.1 0.6 1.0 1.1 1Q2013 0.6 0.5 2 0 Olimpiada Blagodatnoye Titimukhta Verninskoye Kuranakh Group total Group total Stripping ratio, m3/t +6% 3.9 +8

  5. Slide 5: Strong operational performance: Ore processing – stable volumes and gold grades

    Strong operational performance Ore processing – stable volumes and gold grades +1% Ore processing, mt 5.3 5.2 6.0 4.5 -11% +1% 2.1 +31% +6% 1Q2012 3.0 1.8 1.6 1.6 +22% 0.6 0.9 0.9 1Q2013 0.5 0.3 1.5 0.2 0.0 Olimpiada Blagodatnoye Titimukhta Verninskoye Kuranakh Group Grouptotal total Average gold gr

  6. Slide 6: Strong operational performance: Continuing increase in gold production

    Strong operational performance Continuing increase in gold production Recovery rate, % +2.0 pp +3.4pp -22.7 pp -5.2 pp -0.3 pp +0.9 pp1 85.5 87.5 84.0 86.8 86.9 80.4 73.7 74.6 80.6 81.7 80.7 100.0 64.1 1Q2012 50.0 1Q2013 0.0 Olimpiada Blagodatnoye Titimukhta Verninskoye2 Kuranakh Grouptotal Group av

  7. Slide 7: Natalka construction update: Development on track

    Natalka construction update Development on track  Earthworks totalled 6.1 mln m3; completed on CEMTEC mills at Antwerp port – 15 sites February 2013  SAG mill and ball mill are to arrive to Magadan in mid-April; to be on site in May  Construction of foundations, concrete works, reinforcement and

  8. Slide 8: Natalka construction update: Equipment delivery proceeding on schedule

    Natalka construction update Equipment delivery proceeding on schedule As of 31/03/13 the following mining equipment arrived on site: Bulldozers 9 Trucks 16 Drilling rigs 26 Loaders 4 Excavators 2 Vibratory soil compactors 5 The following construction equipment was operational on site: Bulldozers 91

  9. Slide 9: Conclusions

    Conclusions ■ Continuing organic growth: 6% YoY increase in gold production ■ Increased production at new mines: Titimukta and Verninskoye ■ Ramp up of Verninskoye continues ■ Natalka remains a key focus: a full flowsheet to be launched in summer 2014 ■ 2013 production outlook confirmed at 1.59 – 1.

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