Kingsgate Consolidated Limited · ASX:KCN

Kingsgate Consolidated — FY2010 Earnings Presentation

16 slides from Kingsgate Consolidated's earnings presentation, Aug 30, 2010

  1. Slide 1: High Margin Gold Production – Full Year Financials End June 2010

    For personal use only Kingsgate Consolidated Limited High Margin Gold Production Full Year Financials – End June 2010 30 Aug 2010

  2. Slide 2: Disclaimer

    For personal use only Disclaimer Forward Looking Statements: These materials These materials include include forward forward looking looking statements. statements. Forward Forward looking looking statements statements inherently inherently involve involve subjective subjective judgment judgment & &

  3. Slide 3: The Rising Mid-Tier Miner

    For personal use only The Rising Mid-Tier Miner  Low Cost Gold Production  Increasing Ounces/Share  Increasing Reserves/Share  Increasing Earnings/Share  Proven Value Creator

  4. Slide 4: Best Ever Profit; Up 125%

    For personal use only Best Ever Profit; Up 125% EPS: 75.2 EPS: 75.2 c/sh c/sh -- just just above above consensus consensus Profit: $73.1M Solid profit profit from from fullfull production production Solid Up 125% Maintain low Maintain low cash cash costs: costs: US$335/oz US$335/oz ‘Underlying Profi

  5. Slide 5: Solid Dividend Yield

    For personal use only Solid Dividend Yield Final Dividend: Dividends: 35c/sh Dividends: 35c/sh over over 12 12 mths mths 20c/share Total: $1.29/sh Total: $1.29/sh since since 2002 2002 Yield: 3.5% Highest yield Highest yield of of any any gold gold miner miner Cash: A$49M Cash: A$49M at at end end J

  6. Slide 6: Income Statement - Solid Base

    Income Statement - Solid Base $ Million : 2009-10 2008-09 For personal use only Revenue Gold/Silver 175 113 54% Interest 1 1 Mining Costs (82) (70) 8% Inventory (Stockpiles) 28 20 Employee Costs (12) (12) - Admin, Biz Devel, Consult (9) (9) - D&A (14) (12) 16% Finance Costs (2) (2) - Exploration / D

  7. Slide 7: Kingsgate – Asian Gold

    For personal use only Kingsgate – Asian Gold  Largest ASX Gold Producer after NCM/Lihir merger  Key asset - Chatree Mine, Thailand  Producing: ~9 years, >1Moz poured  Mine life: 12++ years with expansion  Mkt Cap: ~A$1 Bn Chatree Chatree  Shares: 100.7 million, 1.8M options  3rd best performi

  8. Slide 8: Current Operations

    For personal use only Current Operations A Hill A East Pit A Pit A Pit looking looking West West K West K West K West Pit Pit looking looking South South

  9. Slide 9: Low Cost Gold Producer

    For personal use only Low Cost Gold Producer Low Cash Costs Good Position US$335/oz costs on Cost Curve 1000 Global Cash Cost Curve 2009 800 Lowest 20% of US$850-900/oz Gold Price US$/oz Cash Industry Costs 600 margin 400 Kingsgate FY2010 Average 200 US$335/oz @ 1.7g/t Au Gold Only Producers US$850-

  10. Slide 10: Low Cost Production

    For personal use only Low Cost Production 132,628oz Gold 132,628oz Gold Production Production FY10 FY10 Low Cost Gold US$335/oz Cash Cash Costs Costs FY10 FY10 US$335/oz US$335/oz costs US$257/oz + US$257/oz + US$78/oz US$78/oz Thai Thai Royalty Royalty Forecast FY2011: Forecast FY2011: Similar Simi

  11. Slide 11: Costs Maintained

    Costs Maintained g/t US$ Production Grade Au For personal use only 50,000 2.3 2.5 2.0 40,000 1.7 43,036 2 1.5 40,224 1.6 1.5 Unit Costs  Unit Costs stable stable 30,000 32,992 32,646 1.5 29,302 30,456 20,000 1 Costs/oz vary  Costs/oz vary with with grade grade 10,000 0.5 0 Mar 09 Jun 09 Sep 09 D

  12. Slide 12: Larger Pit Potential

    For personal use only Larger Pit Potential Chatree Total Chatree Total Q Pit Reserves: 1.9Moz Reserves: 1.9Moz (sth) Resources: 4.3Moz Resources: 4.3Moz ‘A’ Pit ‘A’ Pit -- Chatree Chatree North North Larger Pit Larger Pit potential potential at current at current gold gold prices prices Chatree Grad

  13. Slide 13: Expansion: Double Capacity

    For personal use only Expansion: Double Capacity Plant processing Plant processing capacity capacity increase increase from from 2.3 2.3 to to 55 Mtpa Mtpa Mid-2011 Commissioning; Mid-2011 Commissioning; Ausenco Ausenco EPCM EPCM Increase production Increase production to to over over 200,000 200,00

  14. Slide 14: Construction Underway

    For personal use only Construction Underway CIL Leach CIL Leach & & Absorportion Absorportion Tanks Tanks under under construction construction Concrete Poured Concrete Poured for for Grinding Grinding Circuit Circuit (SAG (SAG & & Ball Ball Mill) Mill)

  15. Slide 15: Proven Ability

    For personal use only Proven Ability  Opportunity exists to stand-out amongst ASX mid-cap gold producers  Focus on growth in Asia/Australia  ‘Critical Mass’ in S.E. Asia  Favourable track record: social/local development & environmental record  Track record of investing in major value creating

  16. Slide 16: Growing a Mid Tier Miner

    For personal use only Growing a Mid Tier Miner Forecast production  Forecast production Increasing ~130,000 oz  ~130,000 oz at at low low costs costs Production/Share Expansion: over  Expansion: over 200,000oz/yr 200,000oz/yr mid mid 2011 2011 Open pit  Open pit upside; upside; Underground U

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