Slide 1: Gold Fields Australia Mine Site Briefing
Gold Fields Australia Mine Site Briefing 1st October 2012 Tim Gilbert – Vice President Operations Ted Lambourne – GM St Ives Gold Mine
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: Gold Fields at a Glance
Gold Fields at a Glance FINLAND Arctic Platinum Project MALI Vancouver Yanfolila Denver Beijing PHILIPPINES PERU GHANA Far South East Cerro Corona Tarkwa Chucapaca Damang AUSTRALIA Agnew Lima St Ives SOUTH AFRICA Johannesburg KDC Perth South Deep Santiago Beatrix Offices Mines Exploration Projects G
Slide 4: Gold Fields in Western Australia
Gold Fields in Western Australia Agnew Processing plant St Ives - Lefroy Processing plant 4
Slide 5: Gold Fields - Celebrating Years in Australia
Gold Fields - Celebrating 10 Years in Australia December 2001, Gold Fields bought St Ives and Agnew for A$472M from Western Mining Corporation; St Ives has since mined … 63Mt of ore 92M bcm of waste And sold over 5MOzs of gold Agnew, the higher grade little brother … 11Mt of ore 19M bcm of
Slide 6: Our Identity
Our Identity This is who we are Vision To be the global leader in sustainable gold mining Safety If we cannot mine safely, we will not mine We act responsibly and care for the environment, each other, and all of Responsibility our stakeholders - our employees, our communities and our shareholders Ho
Slide 7: Gold Fields – a significant miner in WA
Gold Fields – a significant miner in WA C2011 St Ives Agnew Production (kOz) 465 194 Cash cost $873 $672 NCE $1248 $1062 Reserves (Moz) 2.8 1.3 Resources (Moz) 5.3 3.8 7
Slide 8: Gold Fields – continuing to be a significant miner in WA
Gold Fields – continuing to be a significant miner in WA Key Drivers - Sustainability, operational efficiencies and mine life Our focus is on sustainability, cost, shareholder return and extending the mine life A major cost improvement initiative has been the move to owner-miner at both sites
Slide 9: Australasia Region
Australasia Region St Ives at steady state, Agnew back on track • St Ives steady state production 450koz p.a. • Agnew to recover to ~160 Koz p.a. • Q2 2012 NCE margin 3% • Chunky capital on life extensions and owner mining conversion • Transition to owner mining at St Ives completed by Q1 2013 Austr
Slide 10: St Ives Gold Mine – Owner Mining Transition
St Ives Gold Mine – Owner Mining Transition Equipment Komatsu – Load and Haul Atlas Copco – Drill and blast Construction New Workshop Warehouse Upgrade Recruitment Approx 190 persons Technical developments Safety Procedures Training materials Systems Inventory Control Fleet and Mai
Slide 11: St Ives Gold Mine – Owner Mining Transition
St Ives Gold Mine – Owner Mining Transition Owner Mining Project - Status Mining Operations Emphasis on safety Mining commenced on 24th June, 24hr operation commenced 1st August Hire equipment assembled and commissioned for transition (4x777F, PC2000, water cart, service truck) Komatsu equip
Slide 12: H1 2012 Project Generation
H1 2012 Project Generation St Ives Potential Drilling by Milestone Project Generation Delivery YTD Invincible 49 Targets Drilled with 83,090m Area 15 Targets Turned Over Black 9 Advanced Idough 6 Inactive 15 Projects Assays Pending Hippodrome 10 Due for Project Review/Evaluation Poseidon
Slide 13: St Ives Opportunity
St Ives Opportunity Invincible Geochem & Spectral anomaly Cave Rocks 100% on Lake Lefroy 8km direct line from the Mill >1km strike of Speedway Shear Open to NW & Down Dip 18 DD Holes Drilled to Date Invincible Results for 12 Holes Received Neptune N Only 1 Sub-grade Significant Res
Slide 14: St Ives – Invincible
St Ives – Invincible Cave Rocks Invincible vincible Neptune Ne Nep Existing ug mines Existing op mines Leviathan Argo Exciting New Discovery in Major High Grade Corridor Page 14
Slide 15: St Ives – Cave Rocks Extension
St Ives – Cave Rocks Extension Coloured blocks indicate three-year mining plan Depth 500m 5m @2.8g/t 5m @2.4g/t 2 4g/ 9m @5.2g/t 3m @37.4g/t @3 South Potential for Two Years Plus Life Extension Page 15
Slide 16: Agnew
Agnew Agnew Processing plant St Ives - Lefroy Processing plant 16
Slide 17: Agnew
Agnew Page 17
Slide 18: Waroonga: Planned Exploration 2012
Waroonga: Planned Exploration 2012 Completed Stopes Reserve Stopes Yeoman Target Hastings Shoot Link Target Fitzroy & Bengal Shoots 18
Slide 19: Agnew – An exciting proposition
Agnew – An exciting proposition Waroonga Overview Long Section North 450 South Kim North Main Main Kim Fault North South Kim South Fitzroy Link Kim South Extensional 19
Slide 20: Agnew
Agnew Waroonga Long Section – Kim/Fitzroy Intersections and G*M Isolines 6.8m @ 9.4g/t Fitzroy 13.6m @ 8g/t 12m @ 27g/t Kim 5.1m @ 12.2g/t 5.8m @ 10.8g/t 21.5m @ 9.5g/t 4.4m @ 5.7g/t 10.7m @ 9.9g/t 8.4m @ 12.3g/t 5.6m @ 22.5g/t 9.5m @ 4g/t 15.9m @ 5g/t 3.4m @ 22.7g/t 5m @ 13.6g/t 20
Slide 21: Agnew Opportunity
Agnew Opportunity Continuation of Kim at depth Grade typically has a positive reconciliation Full extent of FBH becoming clearer as drilling progresses The “Link Area” has significant upside Size the operation to maximise cash flow and profit 21