Gold Fields Limited · JSE:GFI
Gold Fields — Energy & Mines Congress, Toronto 2018
12 slides from Gold Fields's conference presentation, Dec 10, 2018
Slide 1: Energising the Mine of the Future
ENERGISING THE MINE OF THE FUTURE Energy & Mines Congress, Toronto TSAKANI MTHOMBENI 10 December 2018
Slide 2: Forward Looking statements
Forward Looking statements Terms of use 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 docu
Slide 3: Global Footprint
Global Footprint Gold Fields Group Energy usage 12 178 TJ Energy spend US$258m (17% of OPEX) US$115/ounce Carbon emissions 0.66t CO₂-e/oz West Africa region Mines: Tarkwa and Damang JV project: Asanko Gold Mine 810koz 46% of GFL total energy Americas region Mine: Cerro Corona (Peru) Project: Salares
Slide 4: Energy security: not business as usual
Energy security: not business as usual Macro trends driving the disruption Technology trends (supply and demand side): renewables, automation, big data, AI, storage, IoT Turning energy in New business models and mining methods: design4repurpose mining risks not closure, selective mining, dry process
Slide 5: Energy security for miners
Energy security for miners The energy security debate Availability Reliability Affordability Low-carbon type Energy spend ~17% of OPEX (13% AISC) at Gold Fields Global oil price volatility Rising energy demand in mining (deeper, longer, harder, further, etc) Transition from gas to renewables – reap
Slide 6: How the industry and Gold Fields are responding
How the industry and Gold Fields are responding Increasing leverage off innovation and technology At Gold Fields: Increasing industry collaborations • Involved in a number of OEM partnerships to pilot new technology Partnerships (OEM, IPPs, NGOs, Industry • Partnerships with Associations, etc) globa
Slide 7: Latest on captive PPAs
Latest on captive PPAs The rise and rise of captive PPAs • Driven by need to hedge against grid price volatilities, emerging climate related regulations • Commercial (retail and telecoms) sector leads the front • Mining and materials are fast followers • Key issue remain: • LoM uncertainty and the P
Slide 8: What Gold Fields has been doing
What Gold Fields has been doing Implementing an integrated energy and carbon management strategy Strengthen energy security Improve energy costs 2020 aspirational goals: costs savings, carbon footprint reduction and business integration Reduce carbon emissions (and adapting to Climate-related risks
Slide 9: Gold Fields' electrification journey
Gold Fields’ electrification journey Our transitioning story towards low carbon electrification 128 kW solar Agnew power Agnew power station Agnew hybrid rooftop systems options FS construction power station FS commissioned at Cero Corona 5 MW 2016 E&M floating solar PV Gruyere gas power Helen Rd Ag
Slide 10: Gold Fields I&T strategy
Gold Fields I&T strategy Leverage I&T for greater energy costs savings Horizon 3 “+5 years” Integrated and advanced energy data analytics Horizon 2 Diesel “3-5 years” Hybrids Neutral idle Dry technologies comminution Electric LVs processes Diesel alternatives Visualisation (CNG/LNG) Gas, wind and Fl
Slide 11: How can we energise the mine of the future
How can we energise the mine of the future Modular and Electrified: weaned Gas: a key transition Diversified energy connected More storage off diesel fuel mix: wind, gas, solar These, coupled with OEM technology changes, will disrupt how mines, are designed, operated and closed Energising the mine o
Slide 12: Thank you
Thank you