Polus · RUS:PLZL

Polus — Polyus Gold International — BMO Global Metals & Mining Conference 2013

14 slides from Polus's conference presentation, Feb 25, 2013

  1. Slide 1: Polyus Gold International

    Polyus Gold International Artem Borisanov, Deputy General Director for Strategy and Corporate Development BMO Global Metals & Mining Conference 25 February 2013, Florida 1

  2. Slide 2: Disclaimer

    Disclaimer The information contained herein has been prepared using information available to Polyus Gold International Limited (“PGIL”) at the time of preparation of the presentation. External or other factors may have impacted on the business of PGIL and the content of this presentation, since its

  3. Slide 3: Established gold producer: A major global gold producer

    Established gold producer A major global gold producer Top-10 global gold producers (2012 production) Global gold producers (2012/2011 output growth) moz 7.4 15% 12% 8.0 9% Gold Fields 5.0 10% Anglogold Newmont Newcrest Harmony Goldcorp 3.9 Barrick 4.0 2.6 2.4 2.3 3% 2.0 5% 1.7 1.3 1.2 0% 0.0 Yamana

  4. Slide 4: Established gold producer: Asset base and mine contribution

    Established gold producer Asset base and mine contribution Olimpiada mine 39% Russia/ Krasnoyarsk region Titimukhta mine 7% Flotation-Bioleach process Blagodatnoye mine 24% Capacity: 8.0 mtpa Russia/ Krasnoyarsk region Russia/ Krasnoyarsk region 2012 production: 653 koz RIP cyanide leaching process

  5. Slide 5: Strong operational performance: Ore processing

    Strong operational performance Ore processing – higher volumes and stable gold grades +8% Ore processing, mt 23.1 21.4 25 20 +0% 15 -0% 8.1 +11% +11% 2011 8.1 6.5 +328% +10% 10 6.5 3.4 3.7 2012 2.1 1.3 1.4 1.9 1.2 5 0.3 0 Olimpiada Blagodatnoye Titimukhta Verninskoye Kuranakh Kazakh mines Group tota

  6. Slide 6: Strong operational performance: 2012 results

    Strong operational performance 2012 results – increasing gold output on improving recoveries Recovery rate, % +4.6 pp1 +1.9 pp -1.6 pp +1.5 pp -0.9 pp +1.7 pp -5.1 pp 84.5 86.4 83.8 82.2 85.1 86.6 83.8 82.9 73.7 78.4 80.1 100 69.1 69.3 64.2 80 60 2011 40 2012 20 0 Olimpiada Blagodatnoye Titimukhta V

  7. Slide 7: Demonstrated growth track record

    Sector-leading production growth profile Demonstrated growth track record Fifth consecutive year of increased production 4 Large scale projects delivered successfully  Commissioned in July 2007 at the Olimpiada Gold production (koz) mine  Processing capacity: 5 mtpa Mill No. 3 +12% +183 koz  Comm

  8. Slide 8: 2013 outlook

    Sector-leading production growth profile 2013 outlook Expected 2013 gold production, koz 1,700 – 1,797 1,678 1,800 110-113 109 138 138 159 - 177 Kazakh assets 214 Kuranakh 133 - 147 46 1,200 117 135 - 136 Alluvials Verninskoye 401 331 - 358 Titimukhta Blagodatnoye 600 Olimpiada 653 695 - 728 0 2012

  9. Slide 9: Clear path to deliver growth

    Sector-leading production growth profile Clear path to deliver growth Production growth in existing core assets Titimukhta Olimpiada Blagodatnoye Verninskoye 2012 2014 2015 2015 – 2016  Capacity increased to 2.4  Process upgrade program to  2012 production: 401 koz  2011 – mine commissioned mtpa

  10. Slide 10: Clear path to deliver growth (continued)

    Sector-leading production growth profile Clear path to deliver growth (continued) Unmatched development project pipeline Natalka1 Chertovo Koryto Panimba/Razdolinskaya 2014 2017 2018  Construction stage  Pre-feasibility study stage  Pre-feasibility study stage  2014 Production: 500 koz p.a.  2.

  11. Slide 11: Key growth projects - Verninskoye: a new mine launched in Irkutsk region

    Sector-leading production growth profile Key growth projects - Verninskoye: a new mine launched in Irkutsk region Current status and future developments Key highlights 1 4Q2011 – gravitation circuit commissioned P&P reserves 5.8 moz at 2.7 g/t 2Q2012 – full flowsheet commissioned in July Processing

  12. Slide 12: Key growth projects – Natalka: a world class mining asset

    Sector-leading production growth profile Key growth projects – Natalka: a world class mining asset  Capacity: 10 mtpa CEMTEC mills at Antwerp – Phase 1 February 2013 (approved)  Au production: 0.5 moz p.a. 2014 –  Grade: 2.1 g/t 2015  CapEx: US$1.3 – 1.35 bln in 2011 – 20141  Capacity: 20 mtpa

  13. Slide 13: Shareholder structure update

    Shareholder structure update Changes as of 22 February 2013 Shareholder structure Mr. Kerimov, Mr. Mutsoev, Mr. Yushvaev, Free Float beneficial owner beneficial owner beneficial owner 40.22% 18.50% 19.28% 22.00% Polyus Gold International Limited (Jersey) 92.95%1 OJSC Polyus Gold Operating Assets in

  14. Slide 14: Conclusion: Key investment highlights

    Conclusion Key investment highlights 1 Established gold producer  A top 10 global gold producer Enhanced  Largest London-listed and CIS gold Extensive high quality resource 6 Corporate Governance producer, by production, reserve base and 2 base market capitalisation  Premium listed on LSE as of 1

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