Gold Fields Limited · JSE:GFI
Gold Fields — WA Mining Club 9 February 2023
20 slides from Gold Fields's conference presentation, Feb 9, 2023
Slide 1: Gold Fields – Australia Region – Present & Future
Solar panels a Granny Smith mine in Western Australia Gold Fields – Australia Region – Present & Future Stuart Mathews – Executive Vice President Australasia – WA Mining Club 9 February 2023
Slide 2: Forward Looking Statements
Forward Looking Statements 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
Slide 3: Premier gold mining assets in W. Australia
Premier gold mining assets in W. Australia • Cornerstone of Gold Fields’ global portfolio • 1.0Moz gold production per annum • 42% of Group production in 2021 • 51% of Group mine cash flow in 2021 • High quality portfolio of assets • Lowest cost gold producer in Australia • Strong track record of de
Slide 4: Australia is the cornerstone of Gold Fields' global portfolio
Australia is the cornerstone of Gold Fields’ global portfolio FY 2021 Snapshot 2021 gold production contribution Gold Fields Group Americas: Mines: 9 South 11% Projects: 1 Africa: 12% Countries: 5 Att. production: 2,340koz Australia: AIC: US$1,297/oz 42% Mine net cash flow: US$913m Free cash flow**:
Slide 5: Gold Fields | Analyst & Investor Site Visit | November 2022
Gold Fields | Analyst & Investor Site Visit | November 2022 5
Slide 6: The lowest cost gold producer in Australia
The lowest cost gold producer in Australia koz Comparison of Australian gold producers: Gold produced in 2021 2000 1800 1600 1400 1200 1000 800 600 400 200 0 Ramelius Silver Lake West Gold St Barbara Regis AngloGold Evolution Gold Fields Newmont Northern Star Newcrest Australia A$/oz Comparison of A
Slide 7: With a track record of delivery
With a track record of delivery koz Gold Fields Australia region production: actual vs. guidance A$/oz Gold Fields Australia region AIC: actual vs. guidance 1200 1800 1600 1000 1400 800 1200 1000 600 800 400 600 400 200 200 0 0 2016 2017 2018 2019 2020 2021 2016 2017 2018 2019 2020 2021 Guidance Act
Slide 8: LoM visibility greater than 10 years in Australia
LoM visibility greater than 10 years in Australia Production Initial Since Reserve Reserve • Investing A$80m-100m/per year in exploration Mine Reserve 2021 Multiplier (Moz)* Purchase (Moz)*** **** (last 6 years) (Moz)** • Replaced and grown reserves St Ives 2.3 9.5 2.4 4.2x • Conversion cost at c.A$
Slide 9: Consistent growth in reserves
Consistent growth in reserves Gold Fields | Analyst & Investor Site Visit | November 2022 9
Slide 10: Brownfields success at St Ives: Invincible continues to expand
Brownfields success at St Ives: Invincible continues to expand 6 km – line of lode 6539700N 6541300N 6542800N 6544300N 6545800N N Invincible North Invincible Invincible South S Dolerite Dyke 0m RL Invincible Footwall Drake -750m RL open Invincible Invincible South Mudstone Invincible Deeps Extension
Slide 11: And at Agnew: Waroonga continues to grow at depth…
And at Agnew: Waroonga continues to grow at depth… North Saint Target FBH Everton Extension Target WN Extension Kath Extension Drill drives required for Multiple open ore zones FBH & Everton Drill drive and access Reserve conversion for reserves conversion Gold Fields | WA Mining Club | 9 February 2
Slide 12: …And a new zone is opening at Redeemer
…And a new zone is opening at Redeemer N S Barren Lands Open Pit Zone 2 UG Resource Redeemer Complex Zone 2 south target Barren Lands Underground Zone 2 UG target open open Redeemer Zone 2 drill drive open to commence in H1 2023 Redeemer North UG Resource Redeemer North UG target open open • Barren
Slide 13: Wallaby – a world class gold deposit
Wallaby – a world class gold deposit • OP & UG Recovered Production 5.02Moz • Wallaby Resource 7.41Moz (Dec. 2021) • Wallaby Reserve 2.22Moz (Dec. 2021) Zone 250-60 Zone 70 • Current LOM to 2032 Zone 80 • Target >260koz pa first 5 years • Inclined room & pillar mining Zone 90 • Paste fill at depth Z
Slide 14: Gruyere mine plan – staged delivery over 10+ years
Gruyere mine plan – staged delivery over 10+ years 14 Gold Fields | WA Mining Club | 9 February 2023
Slide 15: Gold Fields' 2030 ESG targets
Gold Fields’ 2030 ESG targets 1 DECARBONISATION 2 TAILINGS MANAGEMENT 3 WATER STEWARDSHIP • Net zero emissions by 2050 • Conformance to the Global Industry • 80% water recycled/reused • 30% net emission reduction from 2016 Standard on Tailings Management • 45% reduction in freshwater use from baseli
Slide 16: Gold Fields GHG emissions profile 2030
Gold Fields GHG emissions profile 2030 Impact of “core” initiatives (kt CO2e) 30% by 2030 reduction only possible with series of additional abatement initiatives to offset anticipated growth in emissions -54% 2395 31 264 702 759 120 55 26 28 28 1693 23 23 49 48 33 13 73 78 2030 Target 482 306 1185 8
Slide 17: Our decarbonisation journey in Australia so far
Our decarbonisation journey in Australia so far 13% annualised regional net emissions reduction Granny Smith Agnew Gruyere • 8MW solar, 2MW/1MWh BESS, • 16MW wind, 4MW solar, • 12MW solar, 4.4MW/4.4MWh 35MW gas, 5MW diesel 13MW/4MWh BESS, 18MW gas, BESS, 53MW gas, 3MW diesel 3MW diesel • Renewables
Slide 18: Strategy for Gold Fields' Australian operations
Strategy for Gold Fields’ Australian operations Absolute 50% emissions reduction by 2030 against a 2016 baseline, potentially requiring A$900m in capital over 8 years AGNEW ST IVES 21MW 18MW Wind Plant 13MW Gas/Diesel Plant BESS Waroonga New Holland Capex $160m Redeemer Invincible Capex $350m Hamlet
Slide 19: Zero Emissions Vehicle (ZEV) trials to replace diesel
Zero Emissions Vehicle (ZEV) trials to replace diesel Proof of concept ZEV truck & LHD trials • ZEV truck and LHD trials have commenced this year at our St Ives and Granny Smith mines in WA • A Sandvik LH518B ZEV loader is set to start trials at South Deep later this year St Ives Sandvik 18T Battery
Slide 20: Thank You
Thank You 20