Oceanagold Corporation · TSX:OGC
Oceanagold — 2014 AUSIMM NZ Branch Conference
17 slides from Oceanagold's conference presentation, Aug 25, 2014
Slide 1: 2014 AUSIMM NZ Branch Conference Presentation
2014 AUSIMM NZ Branch Conference Presentation a Michael Holmes, Chief Operating Officer 25 August 2014
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securiti
Slide 3: OceanaGold Today
OceanaGold Today Emerging multinational gold and copper producer with strong free cash flow Didipio – Philippines (2013) Current Mine Life Didipio 2028 Macraes O/P end of 2017 Frasers U/G end of 2015 Reefton O/P end of 2015 100koz gold, 14kt copper / yr Macraes Open Pit (1990) Frasers Underground (2
Slide 4: OceanaGold Transformation
OceanaGold Transformation Despite a major change in the gold environment, we have delivered positive results Effective execution of Maximising margins from Strong social licence to high quality, low cost mine optimisation operate Didipio mine Focused on a profitable business Reduced movements
Slide 5: Share Price Performance Comparative
5 -150% -100% 50% 100% 150% -50% 0% Northern Star Resources Ltd Source: Bloomberg SEMAFO Inc OceanaGold Corporation OceanaGold Corp B2Gold Corp Beadell Resources Ltd Dundee Precious Metals Inc G-Resources Group Ltd Evolution Mining Ltd Gold Spot Price (US$/oz) Golden Star Resources Ltd Argonaut Gold
Slide 6: Didipio – A Game Changer
Didipio – A Game Changer Didipio has been one of the more successful start-ups over the last several years Didipio Contribution Impact Strong copper revenue can insulate % Contribution to Operating Margin from Didipio 180,000 100% against commodity price fluctuations 160,000 90% Built by company p
Slide 7: What’s Next at Didipio?
What’s Next at Didipio? Optimisation of the operation while increasing throughout rates Production increasing in H2 Increasing throughput rate to planned 3.5 Mtpa by end of 2014 Power grid connection development lower operating costs early 2016 Timing and design of underground development (Optimis
Slide 8: Material Economic Changes
Material Economic Changes Disassociation between gold price and NZD:USD exchange in 2013 persists NZ Gold Price vs. NZ:USD F/X Strong correlation between NZD 2,200 0.900 gold price and NZD:USD exchange 2,100 0.850 Gold Price Received (NZD/oz) 2,000 0.800 NZD:USD Exchange Rate 1,900 0.750 Majority of
Slide 9: New Zealand Optimisation
New Zealand Optimisation Mitigated downside risk of a lower gold price, optionality with a higher gold price Mine optimisation and operating efficiencies over $100m in cost savings Focused on margin by mining less waste & ore reduced mine life Zero cost collar hedging over next 2 years product
Slide 10: New Zealand Studies
New Zealand Studies Evaluating new, organic growth opportunities in New Zealand Blackwater Near Reefton Inferred Resource1 of 0.7 Moz Au grading 23 g/t Drill program tested for continuity below historic workings Technical and economic study near completion Round Hill Gold/Tungsten At Macraes M&I
Slide 11: Blackwater Resource Geology
Blackwater Resource Geology Previous drill holes demonstrated strong continuity of high grade Birthday Reef INTERCEPT WIDTH Au g/t WA11 0.5m 24.5 WA11A 0.5m 59.7 WA21A 0.5m 23.3 WA22C 0.5m 15.7 WA22D 1.0m 85.2 WA25 0.35m 31.8 WA25 0.30m 62.4 WA25 0.50m 3.9 WA25A 0.50m 134.0 WA25A 0.40m 61.9 11 Ocean
Slide 12: Round Hill Gold/Tungsten Resource
Round Hill Gold/Tungsten Resource Tungsten production at Macraes peaked during the second world war Round Hill Plant Pit and Back Fill Tungsten Gold Note: Illustrative only and not to scale 12 OceanaGold Corporation Innovation Performance Growth
Slide 13: Foundation of Our Success
Foundation of Our Success A strong social license underpins success in socially complex, emerging nations Operating to highest of environmental standards Unique and tailored programs for a diverse group of stakeholders Engagement throughout all stages of the lifecycle Open and transparent communicat
Slide 14: Health and Safety
Health and Safety Reinforcing a strong culture of operating in a safe and sustainable manner OceanaGold Safety Statistics 4.00 14 3.50 12 3.00 10 2.50 TRIFR LTIFR 8 2.00 6 1.50 1.00 4 0.50 2 0.00 0 2010 2011 2012 2013 Lost Time Injury Frequency Rate Total Recordable Injury Frequency Rate 14 OceanaGo
Slide 15: Long, Rich History in New Zealand
Long, Rich History in New Zealand OceanaGold is strongly committed to making further investments in New Zealand Organic growth projects provides opportunity for further investments, jobs Over 8 Moz in resource across NZ operations provides optionality with a higher gold price Continued support from
Slide 16: Four Million Ounces Poured at New Zealand
Four Million Ounces Poured at New Zealand 16 OceanaGold Corporation Innovation Performance Growth
Slide 17: oceanagold.com
oceanagold.com Innovation Performance Growth