Gold Fields Limited · JSE:GFI
Gold Fields — Corporate Update (May 2019)
19 slides from Gold Fields's corporate update, May 2019
Slide 1: Analysts Visit – Damang Gold Mine
Analysts Visit Damang Gold Mine May 2019
Slide 2: Forward Looking Statement
Forward Looking Statement 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 a
Slide 3: Aerial View of Damang
Aerial View of Damang AMOANDA LIMA SOUTH DAMANG TOWN FETSF JUNO ETSF DPCB SADDLE WEST DAMANG CAMP HUNI Damang Overview | Analysts Visit | May 2019 3
Slide 4: Location & Summary
Location & Summary Located in the Western Region of Ghana 300km by road from Accra and 35km north east of Tarkwa The Damang concession covers 81.11km² area Annual rainfall averages 2,100mm Estimated population in Damang 36,231 as at 2017 DAMANG MINE ACCRA TARKWA MINE Damang Overview | Anal
Slide 5: Damang Gold Mine History
Damang Gold Mine History 2002 Gold Fields purchased Ranger’s 90% interest in Damang 2005 Waste mining at Damang cutback commenced. Mining at Amoanda and Tomento complex pits 2011 Gold Fields acquired indirect 18.9% IAMGold interest in Damang 2013 Mining activities at Damang Pit Cutback (DPCB) ceased
Slide 6: Management Team
Management Team Francis Nyame – HSE Manager Michiel Van Der Merwe – General Manager MSc. Water and Environment B. Eng. Metallurgy (Extractive) Management 22 years experience 26 years experience Catherine Kuupol Kuutor – Met. Manager Albert Cudjoe – Finance Manager CATHERINE MSc. Mineral KUUPOL KUUTO
Slide 7: Management Team
Management Team William Empeh – HR Manager Mark Biddulph – Geology Manager Diploma HRD, MBA, Global Rem. BA, BSc. Hons Professional - WorldatWork 23 years experience 20 years experience Emmanuel K. Arthur – SC Manager Abdel-Razak Yakubu – CASE Manager CATHERINE BA Social Science, KUUPOL Master ofKUU
Slide 8: Health & Safety
Health & Safety Injuries and TRIFR Trend: 2010 - 2019 30 5 Safety Initiatives 28 4.51 Visible Leadership through GM/HOD walkabouts and HOD 4.5 walk-the-talk meetings 25 “LIVE to Lead in Safety - ZERO HARM IS ACHIEVEABLE” 4 Campaign placing daily focus on Duty of Care “TAKE 5” Safety Awareness
Slide 9: Environment
Environment Compliance with ISO14001:2015 Standard and legal requirements (EPA, Minerals Commission, Water Resources Commission, Forestry Commission) International Cyanide Management Institute (ICMI) Certification Monitoring and reporting (blast, dust, noise, water, soil) Rehabilitation plan
Slide 10: LoM Mining Physicals
LoM Mining Physicals % SADDLE Unit Total Plan Two (2) Mining Contractors Ore Kt 1,669 7 Grade g/t 1.93 Operational Areas Mined Ounces Koz 103 7 Damang Complex Pits Total Tonnes Kt 4,005 4 Satellite Pits DPCB Unit Total % Plan Ore Kt 21,917 89 Grade g/t 1.98 % AMOANDA Unit Total Mined Ounces Koz
Slide 11: Damang Re-investment Update
Damang Re-investment Update Project to date (Jan 2017 – Mar 2019) Mining Source Actual DRP Mt Mt DPCB 40.8 35.0 Saddle 11.7 11.0 Damang Complex 52.5 46.0 Amoanda 37.1 27.1 Lima 2.0 3.6 Tomento East 1.8 1.5 Satellite 40.9 32.2 Abosso Tailings 0.9 Overall Total Tonnes 94.3 78.2 Mill Performance Ore Pr
Slide 12: Historical KPI Summary
Historical KPI Summary Historical Production Historical Production 2011 2012 2013 2014 2015 2016 2017 2018 2019f Ore Mined Mt 4.8 4.3 4.0 3.9 4.7 2.8 3.3 4.5 4.0 Mined grade g/t 1.76 1.53 1.24 1.34 1.27 1.32 1.15 1.68 1.75 Waste Mined Mt 18.7 29.2 26.1 15.3 16.7 16.0 36.4 41.4 27.8 Total Material Mt
Slide 13: Amoanda Exploration
Amoanda Exploration Locality Plan – Damang Mine Current Exploration Focus Area (Amoanda & Tomento South) Saddle & DPCB Tomento Complex Tomento north Tomento East Pit Amoanda North UG Tomento South Tomento West (Amoanda N ext) Amoanda Pit 4 Plunge of Amoanda anticline Amoanda Pit 3 Amoanda South Amoa
Slide 14: Unconstrained Damang Project
Unconstrained Damang Project Wes East t Unconstrained Apr’19 Damang – would add c.2.6Moz for a further 10 years of life DRP Pit Au Grade (g/t) Section:25500N Damang Overview | Analysts Visit | May 2019 14
Slide 15: Mineral Resource Declaration
Mineral Resource Declaration December 2018 Resource Statement Tonnes (Mt) Grade (g/t) Gold (‘000 oz) Classification Dec'18 Dec'17 Dec'16 Dec'18 Dec'17 Dec'16 Dec'18 Dec'17 Dec'16 Open Pit Measured 9.829 10.735 9.772 1.78 1.78 1.84 563 616 579 Indicated 57.681 58.044 57.115 2.30 2.30 2.31 4,259 4,299
Slide 16: Mineral Reserve Statement
Mineral Reserve Statement December 2018 Mineral Reserve Statement – SAMREC Classified Tonnes (Mt) Grade (g/t) Gold (‘000 oz) Classification 2018 2017 2016 2018 2017 2016 2018 2017 2016 Open Pit Proved 5.5 6.3 5.6 1.42 1.40 1.46 251 284 265 Probable 21.6 24.2 23.1 1.88 1.81 1.80 1,308 1,406 1,336 Tot
Slide 17: Processing Plant
Processing Plant Crusher 2x Secondary and 5x Tertiary crushers 1x Gyratory Crusher and 1x Jaw Crushing Plant Crushing Circuit Milling Upgraded 1x 5.8MW SAG Mill and 1x 5.8MW Ball Mill Crushering Section 2x Knelson Concentrator Gravity Circuit Gekko In-line leach reactor (LR) CIL - 8x Cya
Slide 18: Community Impact
Community Impact Foundation – Funding US$1 per ounce + 1.5% of profit before tax Foundation – Projects/Programs Scholarships and Bursaries Crop farmers supported under SEED Training Livestock farmers supported Teachers’ support Microenterprise support Schools constructed and rehabilita
Slide 19: Thank you
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