Slide 1: AGM Presentation
For personal use only Evolution Mining AGM Presentation 27 November 2012 Jake Klein – Executive Chairman
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Evolution Mining Limited (“Evolution Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following. This presentation includes fo
Slide 3: Who we are
Who we are 3rd Largest ASX Listed Gold Mining Company For personal use only Corporate Information ASX Code EVN Index S&P ASX200 Mt Carlton Shares 707.9M Last Price 1 A$1.97ps Market Capitalisation A$1.4B Edna May Daily Turnover 2 A$3.6M Cracow Cash 3 A$72.6M Debt 3 A$31.5M 189,369oz at Forward Sales
Slide 4: Leadership Team
Leadership Team For personal use only Jake Klein Tim Churcher Mark Le Messurier Aaron Colleran •Executive Chairman •VP Finance & Chief •Chief Operating Officer •VP Investor Relations & BCom (Hons), ACA Financial Officer BEng, MBA, MAusIMM Bus. Development BSc, MSc, MBA, MAusIMM, BEng(Geol),BCom (Fin
Slide 5: Australia's newest mid-tier producer
Australia’s newest mid-tier producer For personal use only Dec Q 2011 – 89,812oz at A$698/oz Mar Q 2012 – 84,122oz at A$809/oz Jun Q 2012 – 97,149oz at A$762oz FY2012 total production of 346,979oz – within guidance FY2012 average cash cost of A$771/oz – below guidance FY2013 Sep Q 2012 – 94,446oz at
Slide 6: FY2012 Financials – Key Takeaways
FY2012 Financials – Key Takeaways For personal use only Successful merger delivers growth in all key metrics Revenue from gold and silver sales increased by 285% to A$469.5 million Group production of 346,979 ounces (280,401 ounces attributable1) in- line with guidance Underlying EBITDA of A
Slide 7: ASX-listed gold companies
ASX-listed gold companies Share price performance since EVN formation Relative performance For personal use only 140 ASX200 5.5% Gold (0.0%) 120 EVN 16.6% Share Price (A$/ share indexed to 100) CGA 8.1% SLR 8.0% 100 RED (47.4%) RRL 88.1% 80 PRU (21.0%) AQG (60.2%) 60 SBM (29.2%) OGC 35.9% KCN (31.5%
Slide 8: Australia's newest mid-tier producer
Australia’s newest mid-tier producer For personal use only All assets 100% owned Excellent exploration potential 3.3Mozeq Ore Reserves 7.0Mozeq Mineral Resources Defined growth profile Evolution FY2013 Production Outlook 370koz – 410koz AuEq
Slide 9: Edna May
Edna May Edna May Plant Throughput (tph) For personal use only 370 Re-capitalised 360 350 11.7% production increase on FY2011 340 Average throughput 330 Average throughput 320 Improved plant throughput & reliability 310 300 Crushing trials to increase throughput 290 to +3Mtpa via secondary c
Slide 10: Pajingo
Pajingo For personal use only Re-capitalised, re-invigorated 65% production increase on FY2011 Best quarter’s production since Newmont ownership in 2008 Mining fleet upgrade Capital works for the ventilation system Sustainable mine growth Significant resource growth Spartan Deep IP at Mo
Slide 11: Mt Rawdon
Mt Rawdon For personal use only Efficiency gains demonstrated - Regional exploration targets identified and high standby costs now significantly prioritised - high priority targets include Mt reduced Shamrock, Mt Dell and Rawdon South Resource definition drilling Total Standby Cost $500,000 $4
Slide 12: Cracow
Cracow For personal use only Focus on UG development to provide greater production flexibility: recent development record of 1,847m primarily to further develop Kilkenny, Empire and Roses Pride Achieved a cost effective primary ventilation upgrade and improved mobile plant efficiencies across th
Slide 13: Mt Carlton
Mt Carlton For personal use only High quality new project Stage Construction Mine Type Open pit Key growth project: commissioning on schedule to commence December 2012 Minerals Gold, silver and copper Mineralisation type High-sulphidation epithermal Mt Carlton to be the lowest cost mine in the
Slide 14: Mt Carlton
For personal use only Mt Carlton
Slide 15: Exploration Pipeline
Exploration Pipeline For personal use only Conceptual Preliminary Advanced Pre-Feasibility Mine Target Target Development • Five projects in multi-million ounce gold provinces • Strategic landholding = 6,800km2 Twin Hills V2 and A39 • FY2013 exploration budget of A$28M Edna May • 100,000m drilling p
Slide 16: Meaningful Growth
Meaningful Growth For personal use only • Aggressive exploration – funded through strong balance sheet and cash flow • A$28 million committed in FY2013 • Challenging debt and equity markets • World-class understanding of Asia Pacific region • Key competitive advantage
Slide 17: We say, we do, we deliver
We say, we do, we deliver For personal use only Demonstrated operational predictability: portfolio of assets Group gold production within guidance Group cash costs significantly below guidance Replaced mining depletion by discovery Financial capacity for meaningful growth Attracted and r
Slide 18: Australia's newest mid-tier producer
Australia’s newest mid-tier producer For personal use only Portfolio of assets delivering operational predictability Strong balance sheet to fund growth Investing in efficiency gains across all operations Current growth projects being delivered Exploration focus on unlocking the potential
Slide 19: Evolution Mining
For personal use only Evolution Mining ASX Code: EVN www.evolutionmining.com.au