Newmont Corporation · NYSE:NEM

Newmont — Corporate Update (August 2011)

38 slides from Newmont's corporate update, August 2011

  1. Slide 1: Merian Gold Project ESIA Public Meetings - August 2011

    Merian Gold Project Environmental and Social Impact Assessment Public Meetings - August 2011

  2. Slide 2: Welcome & Introductions

    Welcome & Introductions Purpose of Public Meeting: • Inform interested groups about the Project • Describe Merian Project • Listen to your potential concerns

  3. Slide 3: Ground Rules

    Ground Rules • Mutual respect, courtesy, and patience. • Please help maintain an atmosphere where everyone feels comfortable and welcome. • Please don’t interrupt anyone while they are speaking. • Please remain quiet so everyone can hear; please leave the room for side discussions. • Please turn off

  4. Slide 4: Agenda

    Agenda 1. Project Description 2. The Environmental and Social Impact Assessment (ESIA) 3. Questions and Answers 4. Closing Remarks

  5. Slide 5: Who Are Surgold?

    Who Are Surgold? • A company held by Newmont & Alcoa with Newmont as the manager • Exploring in Merian area since 2004 • No gold production yet – awaiting agreement with state

  6. Slide 6: What is the Merian Project?

    What is the Merian Project? Project Location • Approximately 66km South of Moengo • Between Commewijne and Marowijne Rivers Merian • Langa Tabiki is the Project Langa nearest village Tabiki (approximately 10km from site) • Approximately 40km north of Nassau Mountains

  7. Slide 7: Project Components

    Project Components The Project will need the Pits following components: • 3 – 4 open pits • Processing Plant • Waste rock storage • Tailing storage • Power generation Tailings • Water Treatment facilities • Offices and Right of Exploitation accommodation Boundary

  8. Slide 8: Example Open Pit

    Example Open Pit Ww SURGOLD

  9. Slide 9: Examples of Processing

    Examples of Processing Above: example of gold processing plant Left: example of leach tanks

  10. Slide 10: Example Machinery

    ate etietay le Machinery § ees Sy age: Ww SURGOLD

  11. Slide 11: Waste from the Project

    Waste from the Project Above: example of waste rock storage Below: example of tailings facility

  12. Slide 12: Project employees

    Project employees: • Approximately 1,500- 2,000 during construction (including temporary contractor for construction) • Approximately 900 Current Merian Exploration Camp during operations

  13. Slide 13: Simple Mining Flow Diagram

    Input: Mined Rock Crush Rock Float in Tanks Grind Rock Output: Total production approximately 350,000 Recover 95% Gold oz per annum. Approximately 11 year ‘mine-life’ Simple Mining Flow Diagram

  14. Slide 14: Mine Transport Route

    Transport Route Mine Transport Route

  15. Slide 15: Mine Closure

    Mine Closure • Protect environment & public health & safety – ensure physical and geological stability of land • Sustainable use of site after closure – continuous reclamation & rehabilitations of land back into forest • Minimize negative effects after closure to environment and community - monitori

  16. Slide 16: Example Mine Closure - Indonesia

    Example Mine Closure - Indonesia APRIL 2003

  17. Slide 17: Example Mine Closure - Indonesia

    Example Mine Closure - Indonesia May 2008 – Five years later

  18. Slide 18: Example Mine Closure - Indonesia

    Example Mine Closure - Indonesia

  19. Slide 19: Example Reclamation of Mine - Indonesia

    FEBRUARY 1999 MAY 2000 Example Reclamation of Mine - Indonesia MARCH 2000 SEPTEMBER 2006 MAY 2007

  20. Slide 20: Example Reclamation of Waste Rock - Indonesia

    2003 2004 Example Reclamation of Waste Rock - Indonesia 2005 2007

  21. Slide 21: Environmental and Social Impact Assessment

    Environmental and Social Impact Assessment What is an ESIA? A process to determine the effects of a Project on people and the environment. Promote positive impacts & reduce or avoid negative impacts

  22. Slide 22: Four Components of an ESIA

    Four Components of an ESIA Environment Air and water quality Waste and noise Plants and animals Social Health Cultural/heritage Community health Employment/livelihoods Health services Education Behaviors

  23. Slide 23: Who will do the ESIA?

    Who will do the ESIA? Environmental Resources Management (ERM) will conduct the ESIA. • Independent, international consultant specialising in ESIAs • ERM is an international environmental consulting firm with over 30 years of experience in impact assessment • 40 countries, 3,000 employees - global e

  24. Slide 24: ERM's Role

    ERM’s Role • Surgold has contracted ERM to prepare the ESIA for the Proposed Merian Project • ERM is separate from Surgold, they have commissioned ERM to: – Act as independent consultant to conduct the ESIA – Recommend measures to promote the positive and minimize the negative effects of the Project

  25. Slide 25: What are the requirements for an ESIA?

    What are the requirements for an ESIA? ERM will follow best practice guidelines for the ESIA: • Surinamese National Institute of Environment and Development in Suriname (NIMOS) guidelines • International Standards (International Finance Corporation Performance Standards) This means the ESIA will: –

  26. Slide 26: What does an ESIA involve?

    What does an ESIA involve? • Scoping – Identify likely impacts and studies required • Impact Assessment – undertake studies to understand existing conditions & predict potential changes. – Design ways to promote positive & reduce negative impacts • Monitoring and Evaluation

  27. Slide 27: Environmental Studies

    Environmental Studies • Groundwater Study • Air Quality Studies • Noise Study • Plant Study • Animal Study • Soil Study • Traffic Study • Surface Water Quality Study

  28. Slide 28: Environmental Study Area

    Mine Site Environmental Study Area The area that may be affected by changes to the environment caused by the Project Langa Right of Tabiki Exploitation Boundary Studies – August 2011 to February 2012

  29. Slide 29: Social and Health Studies

    Social and Health Studies In the villages that could be affected • Survey of households that may be impacted • Interviews and groups discussions in impacted villages • Health studies September 2011 onwards

  30. Slide 30: Social and Health Study Area

    Social and Health Study Area Transport Route Study Area (in blue) The area that may be Mine Site affected by changes to Merian Study the conditions in local Area (in yellow) villages: • area surrounding mine site Pamaka Study Area (in blue) • area along road • Pamaka villages

  31. Slide 31: Public Consultation

    Public Consultation • Public input is a critical component of the ESIA process – Solicit input from you throughout the ESIA process – Ongoing communication via mail, radio, email, and newspapers Consultation Principles: Inclusive, culturally sensitive, transparent

  32. Slide 32: Review & Publication of ESIA Findings

    Review & Publication of ESIA Findings • Distribute ESIA report to NIMOS, government & other interested groups • Hold meetings to present impacts, the assessment & mitigation / management measures • Receive public comments on the impacts & mitigation

  33. Slide 33: ESIA Terms of Reference

    ESIA Terms of Reference To Describe the purpose and structure of the ESIA Available from: • Surgold Office - Paramaribo (Suriname Straat) • NIMOS office – Paramaribo • Surgold Camp - Merian

  34. Slide 34: Overall ESIA Schedule

    Overall ESIA Schedule Date ESIA Process/Activity August, 2011 Public meeting August 2011-Februrary Baseline Studies 2012 February –March, 2012 Impact Assessment Studies March – April 2012 Prepare Draft ESIA report & hold public meeting to disclose findings May 2010 Finalize ESIA report June 2012 Del

  35. Slide 35: Next Steps

    Next Steps • Social & Cultural Heritage studies • Environmental studies • Will keep interested groups informed • Disclosure meeting around April 2012

  36. Slide 36: Project Contacts and Information

    Project Contacts and Information ERM For ESIA questions or comments: Salomon Emanuels Phone: (0) 8553324 Email:salomonemanuels@yahoo.com / merian.esia@erm.com Surgold For Project related questions or comments: Project point of contact: Wendell Asadang Phone: (0) 8638655 / 7172880 Email: wendel.asada

  37. Slide 37: Closing Remarks

    Closing Remarks • ESIA must be complete before exploitation right awarded by government • ESIA is crucial to Project development • You will have the opportunity to participate • The ESIA results will be presented to you so you can comment.

  38. Slide 38: Thank you for your time! Questions?

    Thank you for your time! Questions?

Newmont — Corporate Update (August 2011) on 6ix