Mmg Ltd. · HKEX:1208

Mmg — Conference Presentation (October 2013)

15 slides from Mmg's conference presentation, Oct 10, 2013

  1. Slide 1: Partnerships for Progress

    PARTNERSHIPS FOR PROGRESS Michael Nossal, EGM Business Development 10 October 2013 1

  2. Slide 2: Overview of MMG

    Overview of MMG  Headquartered in Australia, listed on The Stock Exchange of Hong Kong.  Five major operating mines.  Major producer of zinc and copper. Legend: Operating assets Development projects Izok Corridor Sepon Century Kinsevere Dugald River Golden Grove Rosebery Note: the Avebury operati

  3. Slide 3: MMG in Africa Today

    MMG in Africa Today  Kinsevere copper mine in Katanga province, Democratic Republic of Congo.  Exploration office in Lusaka, Zambia.  Nachingwea nickel exploration Joint Venture in Tanzania.  Support office in Johannesburg, South Africa.  More than 1,900 MMG employees and contractors in DRC, 97

  4. Slide 4: Kinsevere and copper – important to MMG

    Kinsevere and copper – important to MMG  Kinsevere located near Lubumbashi in Katanga.  MMG owned and operated since February 2012.  Capacity to produce 60,000 tonnes of 99.99% copper cathode.  Approximately one third of total MMG copper production.  Ongoing work program to improve Contribution

  5. Slide 5: Kinsevere mine

    Kinsevere mine  Comprises the Kinsevere Hill, Tshifufia and Tshifufiamashi deposits located 27 km from Lubumbashi.  Conventional open pit mining by MCK Trucks, a local registered contractor.  Ore throughput 1.6 million tonnes per annum.  Crushing, grinding, agitated leach, SX- EW to produce copp

  6. Slide 6: Social licence to operate

    Social licence to operate  Substantial improvement in safety Total Recordable Injury Frequency Rate performance. (TRIFR) 12 month moving average  Local initiatives include safety 4.0 observation training.  Malaria management plan. 3.0  Women’s health education sessions.  School building and tea

  7. Slide 7: Strong relationships – sharing benefits

    Strong relationships – sharing benefits  MMG one of 21 members of the International Council of Mining and Metals (ICMM).  Guided by 10 principles of Sustainable development including: - Governance - Human rights - Biodiversity - Economic and social development.  Established effective relationship

  8. Slide 8: Vibrant community development program

    Vibrant community development program  Committed to maximising local employment.  Technical training program aimed at developing new skills in the community.  Substantial progress made in sealing main mine road improving safety around site.  Construction of Kifita village school.  Equipped Kins

  9. Slide 9: Promoting local training and education

    Promoting local training and education  Long-term employment localisation program to increase the local workforce.  Local employee management capability development program to run until 2015 to reduce the site expatriate employees ratio. 9

  10. Slide 10: Challenges in the DRC

    Challenges in the DRC  Reliable and stable grid electricity supply.  Road transportation and cross border administration for key supplies.  Lack of railway improvements.  Quality employee retention.  Tax and royalty reform.  Inconsistency between various DRC legislations.  Telecommunication a

  11. Slide 11: Electricity – a major challenge

    Electricity – a major challenge  Kinsevere power requirements continue to be drawn from the electricity grid with additional power sourced from diesel generation as required.  54% of power requirements were met from diesel generation in the first half 2013.  MMG continues to negotiate supply with

  12. Slide 12: DRC Mining Code Review

    DRC Mining Code Review  We support a review of the DRC Mining Code.  It is important to ensure long-term, sustainable development in the region.  Any reform should: - Encourage mining and infrastructure investment in the region - Benefit local communities - Be internationally competitive - Not ne

  13. Slide 13: MMG's future in the DRC

    MMG’s future in the DRC  Near mine exploration to extend Kinsevere mine life.  Relationships of trust with communities and Government to create win-win outcomes.  Develop skills and capacity in local communities through education and training.  Contribute to socioeconomic development in the Kins

  14. Slide 14: Partnerships for Progress

    Partnerships for Progress  We face challenges every day in the DRC  However in the last 5 years the DRC has achieved some progress towards an improved business climate and transparency.  Solutions require collaboration between the mining industry, government and institutions.  MMG understands it

  15. Slide 15: “procress IWEIVIG

    A “procress IWEIVIG

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