Gold Fields Limited · JSE:GFI
Gold Fields — Diggers & Dealers 2019
24 slides from Gold Fields's conference presentation, Aug 7, 2019
Slide 1: Gold Fields in Australia – Investment & Growth
Gold Fields in Australia – Investment & Growth STUART MATHEWS Executive Vice President: Australasia 7 August 2019 - Diggers & Dealers Presentation
Slide 2: Forward looking statements
Forward looking statements Terms of use 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 docu
Slide 3: Global Footprint
Global Footprint The global leader in sustainable gold mining West Africa South Africa Mines: Tarkwa and Mine: South Deep Damang 157koz (2018) Joint Venture: Asanko 680koz (2018) Americas Australia Mine: Cerro Corona (Peru) Mines: Agnew, Granny Smith and Project: Salares Norte St Ives (Chile) Joint
Slide 4: Australia
Australia Regional overview Regional summary - Agnew Gold Mine (Leinster) 43% - Granny Smith Gold Mine (Laverton) Of Group - St Ives Gold Mine (Kambalda) Production - Gruyere Joint Venture (200km from Laverton) ● 17 years in Western Australia Resources (2018) – 17.1Moz ● Third largest gold producer
Slide 5: Key Investments for Growth
Key Investments for Growth Investing for the future ● Exploration – maintaining A$85-100m per annum spend in Australia - Granny Smith – continued growth in-mine - St. Ives Invincible growth - Agnew – Waroonga & New Holland growth, “emerging” Redeemer Complex ● Strategic Investments - New Agnew Camp
Slide 6: Granny Smith
Granny Smith FIFO operation located near Laverton ● 21km south of Laverton ● Underground operation – new Joey decline being created in Wallaby mine ● 750+ staff and contractors ● Production 270,000+ ounces per annum ● Ore processed 1.65+ million tonnes per annum ● Mineral Resources 7.83 Moz (2018) ●
Slide 7: St Ives
St Ives Predominantly residential site located in Kambalda ● Located 80km south of Kalgoorlie ● Combination of underground and open pit mines ● Investing $100m in Invincible South underground ● 800+ staff and contractors ● Workforce 90% residential ● Production 360, 000+ ounces per annum ● 4.3 milli
Slide 8: Exploration – Greater Invincible
Exploration – Greater Invincible Greater Invincible Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 8
Slide 9: Greater Invincible Exploration
Greater Invincible Exploration Growing Invincible – Potential for extensions and a new shoot Target Description: Brecciated mudstone hosted mineralisation Geological Opportunities: Time to mining: <2yr • Multiple lodes UG Extensions Potential: +2Moz • Down dip extensions of all lodes Open Pit extens
Slide 10: Agnew
Agnew FIFO operation located near Leinster ● 23km west of Leinster ● Underground operation – Waroonga and New Holland mines ● Production 235 000+ ounces per annum ● 660+ staff and contractors ● Tenement holding of over 600sqkms ● Mineral Resources 2.049 Moz (2018) ● Mineral Reserves 560 Koz(2018) ●
Slide 11: Agnew Gold Mine
Agnew Gold Mine Context Exploration & Growth at Waroonga – focus areas Multiple narrow lode ore bodies (1-5 metres) Limited strike extents Large vertical extent (steeply dipping) Coarse gold 3 years reserves for 35 years Saint?? Potential new lode Open Open Open Open Mined since 1993 – Right Investm
Slide 12: Exploration - Greater Redeemer
Exploration - Greater Redeemer Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 12
Slide 13: Greater Redeemer – Zone 2 North
Greater Redeemer – Zone 2 North Agnew Mill Barren Lands (6km away) (1km away) Zone 2 North Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 13
Slide 14: Redeemer – Exploration
Redeemer – Exploration Zone 2 North Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 14
Slide 15: Redeemer - Exploration
Redeemer - Exploration Greater Redeemer Complex Complex North (3.5km to Waroonga) South (1km to Crusader) Barren Lands Redeemer Zone 2 North Zone 2 South 4 2 3 5 Redeemer North 6 Barren Lands Zone 2 North Open Redeemer Crusader Complex Redeemer North Diggers & Dealers Presentation, 7 August 2019 – S
Slide 16: Energy security for miners
Energy security for miners Energy challenges facing the global mining industry Availability of Reliability of Affordability of Addressing energy energy supply energy energy’s climate impacts Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 16
Slide 17: Agnew hybrid microgrid project
Agnew hybrid microgrid project Decarbonising our mines Optimised Microgrid Funding Construction Schedule • 18MW through 5 wind turbines • A$112m capital cost • Gas pipeline – completed • 4MW solar plant (10,000 panels) • Funded by EDL – 10 May 2019 • 13MW/4MWhr battery unit year supply contract • AR
Slide 18: Agnew hybrid microgrid project
Agnew hybrid microgrid project Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 18
Slide 19: Agnew – Hybrid Power Solution
Agnew – Hybrid Power Solution May 2020 Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 19
Slide 20: Gruyere Project
Gruyere Project
Slide 21: The Gruyere Joint Venture
The Gruyere Joint Venture The Gruyere Project is a 50:50 Joint Venture between Gruyere Mining Company and Gold Road Resources. Gold Fields is the project manager and operator of the Gruyere Project Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 21
Slide 22: Gruyere Mine – July 2019
Gruyere Mine – July 2019 Gold Fields in Australia – Investment and Growth | 7 August 2019 | Stuart Mathews 22
Slide 23: Gruyere Mine
Gruyere Mine Highlights • First Gold Poured 30 June 2019 • 1,139 ounces • Full process circuit in operation • Ramp up of processing has commenced (6-7 months to target of 8.2Mtpa) • On-Budget Project: A$621m • 300,000 ounces per annum • +12 years Life-of-Mine • 3.78Moz Reserve • 6.61Moz Resource Gol
Slide 24: Thank you
Thank you QUESTIONS AND ANSWERS