Gold Fields Limited · JSE:GFI
Gold Fields — European Gold Forum 2011
22 slides from Gold Fields's conference presentation, Apr 14, 2011
Slide 1: Towards Five Million Ounces
Towards Five Million Ounces Tommy McKeith Executive Vice President Exploration and Business Development European Gold Forum Zurich, Switzerland Zurich 14 April 2011
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. 1934 Such forward looking statements involve known and unknown risks, u
Slide 3: Gold Fields: A Growth Story
Gold Fields A Growth Story y Finland APP Mali Yanfolila Philippines FSE Ghana Tarkwa Peru Damang Cerro Corona Chucapaca 2001 Australia South Africa Agnew KDC St Ives Beatrix South Deep Building a global company 3
Slide 4: What Gold Fields Offers
Gold Fields What Gold Fields Offers …. A Quality Reserve 77 million ounces of reserves A Strong Production Base 3.6 million ounces annualised Safety Strategy Delivering 2010 safest year ever Strong Free Cash Flow US$140 million1 (6 months to Dec 2010) Strong Growth Pipeline Targeting 5moz by 2015 St
Slide 5: Our Vision, Strategy & Target
Our Vision, Strategy & Target Simple p Yet Compelling p g To Be The Global Leader In Sustainable Gold Mining Free Cash Flow Optimise Our Assets Grow Gold Fields S Secure O Future Our F t Targeting 5 million ounces by 2015* * In production or development 5
Slide 6: Growth Portfolio
Growth Portfolio Strong g track-record of delivery y Cerro Production Corona South Deep Construction Chucapaca Feasibility Far Southeast Arctic Platinum Pre-feasibility Yanfolila Woodjam Talas Scoping Exploration projects in 13 Countries Exploration Developing five new mines 6
Slide 7: South Deep Project
South Deep Project Construction on time and on budget g • 35 Moz reserve • Build-up to 750 Koz by end of 2014 • 52% increase in 2010 Driefontein/Kloof Complex South Deep Project Johannesburg Beatrix Gold Mine Production Build-Up Build Up (Koz) SOUTH AFRICA 800 600 Cape Town 400 200 0 2009 2010 2011
Slide 8: South Deep Project Capital Programme 2010 to 2014
South Deep Project Capital p programme: p g 2010 to 2014 2.5 Capital (Rbn) 2 1.5 1 Plan C 0.5 Actual 0 F2009 F2010 F2011 F2012 F2013 F2014 F2010 F2011 C2012 F2013 F2014 Status Refrigeration Plant Twin Vent Shaft Tailings Storage Facility Plant Expansion p New Mine Development Continuing th
Slide 9: Chucapaca JV Project
Chucapaca JV Project Developing p g our second mine in Peru Chucapaca JV Project 51% Gold Fields Cerro Corona 49% Buenaventura Mine PERU Lima Chucapaca JV Project MOQUEGUA Mining Concessions Chucapaca JV Project Gold Fields Buenaventura Aruntani 12,700Ha 94,100Ha 18,400Ha Dominant land position with
Slide 10: Chucapaca JV Project: Drilling the Canahuire deposit
Chucapaca JV Project Drilling g the Canahuire deposit p • Discovery hole drilled September 2008 • +50,000m drilled • ~20,000m in phase 1 • ~30,000m to date in phase 2 • Phase 2 drilling g underwayy • 12 drill rigs on-site • ~100,000m of infill and step out drilling planned • Canahuire initial resour
Slide 11: Canahuire drilling – selected intersections
Chucapaca JV Project Canahuire drilling g – selected intersections (g (gold only) y) Extent of CCP10_114 CCP10_103 CCP10_101 drilling used in 65.30 m @ 4.71g/t 163.50 m @ 3.71g/t 54.94m @ 4.16g/t and 108.7m @ 2.89g/t resource Resource PitShell CCP10_088 131.9 m @ 3.29g/t Au CCP10_023A 58 m @ 4.01g/t
Slide 12: Canahuire drilling extending current resource
Chucapaca JV Project Canahuire drilling g extending g current resource W E 1.3km 5.6 Moz eq resource shell 350m Grades G d improving Model Looking North extending Higher grades and more ounces 12
Slide 13: Far Southeast Project
Far Southeast Project Drilling g a world-class deposit p • Gold and Copper porphyry • Exceptional grades and scale • Significant exploration potential • Established infrastructure • Tarred access roads and existing power lines and substations • Proximity to port facilities • Established camp camp, c
Slide 14: Far Southeast Project drilling from underground
Far Southeast Project 8 drill rigs g drilling g from underground g Enargite 600m Drilling 1,6 level FSE Some historic drill intersections: 691m at 2.5g/t Au, 0.9% Cu Au-Cu Au Cu 907m at 1 1.5g/t 5g/t Au Au, 0 0.5% 5% Cu Porphyry 613m at 0.8g/t Au, 0.8% Cu 460m at 3.2g/t Au, 1.0% Cu 500m 100 m ? Vict
Slide 15: Arctic Platinum Project
Arctic Platinum Project The sleeper p in our portfolio p • 100% Gold Fields owned • ~12 Moz resource of 2PGE • Au – Cu – Ni by-products ~50% of revenue • Good exploration potential • ROVANIEMI Arctic Platinum Project • Project economics improving • Price deck tripled since 2004 feasibility • Platsol
Slide 16: Arctic Platinum Project: Significant exploration upside
Arctic Platinum Project Significant g exploration p upside p (indicated) Suhanko North Tuumasuo Konttijarvi 45Mt 2.8Moz 2.0g/t (2PE +Au) Plant site Niittylampi Cu - Ni Ahmavaara V Vaaralampi l i Little Suhanko Not estimated 116Mt 32Mt 5.5Moz 1.0Moz 1.5g/t (2PE +Au) 1.0g/t (2PE +Au) Potentially very
Slide 17: Yanfolila Project
Yanfolila Project Delineating g our third mine in West Africa • Significant land position • 180 km by 60 km • Property consolidation ongoing • Extensive mineralisation MALI • Drill intensive project • Under shallow cover • Structurally controlled mineralisation • +80,000 m planned for 2011 B Bamako
Slide 18: Yanfolila Project Komana Camp
Yanfolila Project Komana Camp p G i Guinea Saniouamale West Guirin West KEKomana East Komana WestKW Gonka Solona Kabaya South Targeting 2 moz within 20 km radius 18
Slide 19: Yanfolila Project: Komana East long section
Yanfolila Project South North KRC0150 – 30m @ 5 g/t and 4m @ 9.1 g/t (1m) KRC0147 – 22m @ 4.7 g/t (39m) KRC0210 – 13m @ 7.9g/t (23m) KRC0211 – 15m @ 9.1g/t (16m) KRC0155 – 21m @ 3.95g/t (0m) KRC0153 – 39m @ 1.8g/t 1 8g/t (1m) KRC0172 – 16m @ 7.1g/t (61m) KRC0173 – 10m @ 2.1g/t (31m) base of KRCD0243
Slide 20: Growth Portfolio: Conceptual build-up to ~5 Mozpa by 2015
Growth Portfolio Conceptual p build-up p to ~5 Mozpa p by y 2015 6,000 Higher quality Widen NCE margin 5 500 5,500 Increase cash flow 500 - 1,000 eq Au oz* Annuaal Production (('000Koz) 5,000 200 - 300 eq Au oz* 4,500 400 – 600 2PGE + Au eq oz* 150 - 250 Au oz* 4,000 3,500 Existing Production Base 3
Slide 21: Conclusions
Conclusions A deep p value opportunity pp y • Growth portfolio developing rapidly • Global diversification accelerating • Growing free cash flow margin per ounce • Growing ounces per share • A leader in sustainability Towards being the global leader in sustainable gold mining 21
Slide 22: A Deep Value Opportunity
A DEEP VALUE OPPORTUNITY Investor Relations Willie Jacobsz Willi J b Senior Vice President Head of Investor Relations (office) 508 839-1188 ( bil ) 857 241 (mobile) 241-7127 7127 willie.jacobsz@gfexpl.com Nikki Catrakilis-Wagner Investor Relations Manager (office) +27 11 562 9706 (mobile) +27 83 309