Centamin — Q2 2011 Earnings Presentation
18 slides from Centamin's earnings presentation, August 2011
Slide 1: Positioned for Growth
Positioned for Growth Investor Presentation 2nd Quarter 2011
Slide 2: Forward-Looking Statements
2 slide 2 Forward-Looking Statements There are risks associated with an investment in the shares of Centamin. Recipients of this presentation should review the risk factors and other disclosures regarding Centamin contained in the preliminary prospectus of Centamin that has been filed with Canadian
Slide 3: 2nd Quarter Highlights
3 slide 3 2nd Quarter Highlights
Slide 4: Year on Year - Operational Results
4 slide 4 Year on Year - Operational Results Q2 2011 Q2 2010 Ore Mined (‘000 tonnes) 1,039 1401 Total Mined (‘000 tonnes) 3,030 5,305 Ore Processed (‘000 tonnes) 850 847 Head Grade (g/t) 1.82 1.37 Gold Recovery (%) 85.0 87.0 Gold Production (ounces) 47,991 30,236 Average Sales Price ($US/oz) 1,545 1
Slide 5: Reduced blasting impacts production
5 slide 5 Reduced blasting impacts production
Slide 6: Lower efficiencies pressure costs..
6 slide 6 Lower efficiencies pressure costs..
Slide 7: With the Open Pit bearing the brunt...
7 slide 7 With the Open Pit bearing the brunt...
Slide 8: Underground impacted however achieves Commercial Production....
8 slide 8 Underground impacted however achieves Commercial Production....
Slide 9: Second decline planning commences
9 slide 9 Second decline planning commences
Slide 10: Record quarterly tonnes processed
10 slide 10 Record quarterly tonnes processed
Slide 11: Mill discharge grate modifications impact overall plant throughput ...
11 slide 11 Mill discharge grate modifications impact overall plant throughput ...
Slide 12: Dump leach building
12 slide 12 Dump leach building
Slide 13: Revenue growth to continue
13 slide 13 Revenue growth to continue
Slide 14: Expansion 4mtpa to 5mtpa to 10mtpa
14 slide 14 Expansion 4mtpa to 5mtpa to 10mtpa Stage 3 – 5 Mtpa ¾ Commissioning commenced 1st May , 2 months ahead of schedule ¾ Project on budget at $15M ¾ Second crusher installed late June ¾ Throughput ramping towards consistent 5mtpa Stage 4 – 10Mtpa ¾ Front End Engineering complete ¾ Final capi
Slide 15: Sukari Regional Exploration
15 slide 15 Sukari Regional Exploration Quartz Ridge • Further RC program defines continuous mineralised structure over 150m strike length 22m @ 1.11 g/t from surface 11m @1.08 g/t from 58m 5m @ 2.04 g/t from 31m 4m @ 26.27 g/t from 156m • Follow up program scheduled for this quarter to extend defin
Slide 16: Sheba Acquisition - into Ethiopia....
16 slide 16 Sheba Acquisition - into Ethiopia.... ¾ Ethiopia a strong emerging economy with a modern Mining Act (Proclamation) effected in 2010 that provides a competitive fiscal policy for mineral investors. ¾Hosts the Nubian Shield where Sukari and other deposits have recently been developed. ¾Ini
Slide 17: Sheba Licences
17 slide 17 Sheba Licences Una Deriam (95 sq km) (100%) Strong 7km gold soil/rock chip anomaly near a major regional structure. Shear zone appears continuous throughout licence. Best channel samples include 34m @ 1.51g/t and 28m @ 1.80g/t Likely IP Survey, 10,000m RC drill program and structural map
Slide 18: 2011 Targets and Objectives
18 slide 18 2011 Targets and Objectives • Return open pit and underground operations to full productivity • Complete planning and design for 2nd decline advance to access higher grade ore zones at depth to further enhance long term production viz: 250ktpa 2011 350tkpa 2012 500ktpa 2013 • Complete co