China Gold International Resources Corp. Ltd. · HKEX:2099
China Gold International Resources — Shareholder Meeting (June 2013)
13 slides from China Gold International Resources's shareholder meeting presentation, Jun 18, 2013
Slide 1: China Gold International Annual General Meeting 2013
China Gold International Annual General Meeting 2013 Financial Growth, Expansion Progress, M&A TSX: CGG | HKSE: 2099 June 18, 2013 China Gold International Resources Corp. Ltd | TSX: CGG – HKSE: 2099
Slide 2: Agenda and Forward Looking Statements
AGENDA 1. Company Overview 2. Financial Highlights (First Quarter 2013 and Annual 2012) 3. CSH Gold Mine Expansion Update 4. Jiama Polymetallic Mine Expansion Update 5. Growth Plan (Organic Growth and M&A) FORWARD LOOKING STATEMENTS This presentation contains “forward looking state ment’ s” within t
Slide 3: About China Gold International
ABOUT CHINA GOLD INTERNATIONAL Dual listed, profitable and growing gold and copper CSH Gold Mine: producer Inner Open pit, heap leach – currently 30,000 tpd Mongolia Operating two producing mines processing capacity, expanding to 60,000 in China: tpd in 2013 • CSH Gold Mine - Inner Baotou Mongol
Slide 4: Highlights – Resources/Reserves, Financial Growth
HIGHLIGHTS – RESOURCES/RESERVES, FINANCIAL GROWTH Combined Gold Reserve / Resource Copper Reserve / Resource Gold Content Copper Content Category Category (M oz) (Billion lbs) Proven / Probable Reserve 6.7 Proven / Probable Reserve 6.2 Measured / Indicated Resource* 8.1 Measured / Indicated Resource
Slide 5: Highlights – Strong Q1 2013 Financial Results
HIGHLIGHTS – STRONG Q1, 2013 FINANCIAL RESULTS Cash Costs Decrease. Net Profit, Operating Cash Flow, EPS Grow. Quarter ended March 31, 2013 Quarter ended March 31, 2012 % change Revenues (MM USD) $76.7 $77.6 (1%) Net Profit (MM USD) $15.1 $13.5 12% Net Operating Cash Flow (MM $16.3 $(34.4) 147% USD)
Slide 6: Highlights – Strong 2012 Financial Results
HIGHLIGHTS – STRONG 2012 FINANCIAL RESULTS -The Company is in its 6th year of production and revenue growth -Last 2 years have been exceptionally strong Year ended Dec 31, 2012 Year ended Dec 31, 2011 % change Revenues (MM USD) $332.4 $311.3 7% Gross Profit (MM USD) $124.9 $120.8 3% Net Profit (MM U
Slide 7: CSH Gold Mine – Expansion Overview
CSH GOLD MINE – EXPANSION OVERVIEW An expansion feasibility study was Improving Gold Recovery % approved in Q4, 2012 55% Ore production to increase from 53% 50% 30,000 tpd to 60,000 tpd in 2013 49% 45% By 2015 annual gold production is 40% 43% expected to increase to ~260,000 oz. 37% 35% from
Slide 8: CSH Gold Mine – Expansion Progress, June 2013
CSH GOLD MINE – EXPANSION PROGRESS, JUNE 2013 All earth work completed All concrete work and steel structures are completed All major equipment arrived on site and Ore storage: construction installation is ongoing nearly completed. The Company is expected to finish construction in 2013 in
Slide 9: Jiama Polymetallic Mine – Expansion Overview
JIAMA POLYMETALLIC MINE – EXPANSION OVERVIEW Phase II Expansion Total CAPEX $705 Million Annual Copper Production (M lbs) Pre-feasibility study completed in Q3 2012 200 176 Increase processing capacity from 6,000 tpd 180 160 160 of ore to 40,000 tpd in 2015, and will reach 140 80% of the capac
Slide 10: Jiama – Expansion Progress, June 2013
JIAMA – EXPANSION PROGRESS, JUNE 2013 Expansion to 20,000 tpd (stage 1) will be finished in 2013 Completed 1/3 of development: -ventilation shafts -ore haulage levels -ore hoisting shaft -conveyor declines -initial mining area preparation Started pre-stripping future grinding and major equip
Slide 11: Growth Plan – Organic Expansion + M&A
GROWTH PLAN – ORGANIC EXPANSION + M&A Accretive Acquisition GOAL 500,000 oz/year PRODUCER Organic Growth 2012 2013 2014 2015 2016 CSH Expansion construction Producing at 30,000 tpd Producing at full capacity to 60,000 tpd about 80% capacity Jiama Development and Development and 6,000 tpd constructio
Slide 12: Growth Plan – Accretive Acquisition Strategy
GROWTH PLAN – ACCRETIVE ACQUISITION STRATEGY Property Acquisition Criteria Valuation Transaction Structure Accretive to current Aggressive Significant Stake in shareholders acquisition strategy the Project and Resources/Reserves Target is trading at a Financed through: internal deep discount t
Slide 13: Share Information
SHARE INFORMATION TSX: CGG – HKSE: 2099 Capital Structure and Share Info Top 10 Institutional Holders (As of June 18, 2013) (As of June 18, 2013) Issued and 396.4 M Van Eck Associates Corp. 77MM Outstanding Norges Bank Investment Fully Diluted 396.9 M Management 12.34MM Options 495,000 Black Rock As
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