Beruflich Dokumente
Kultur Dokumente
Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause
the actual results, performance or achievements of the company to be materially different from the future results, performance
or achievements expressed or implied by such forward looking statements. Such risks, uncertainties and other important
factors include among others: economic, business and political conditions in South Africa, Ghana, Australia, Peru and
elsewhere; the ability to achieve anticipated efficiencies and other cost savings in connection with past and future acquisitions,
exploration and development activities; decreases in the market price of gold and/or copper; hazards associated with
underground and surface gold mining; labour disruptions; availability terms and deployment of capital or credit; changes in
government regulations, particularly environmental regulations; and new legislation affecting mining and mineral rights;
changes in exchange rates; currency devaluations; inflation and other macro-economic factors, industrial action, temporary
stoppages of mines for safety and unplanned maintenance reasons; and the impact of the AIDS crisis in South Africa. These
forward looking statements speak only as of the date of this document.
The company undertakes no obligation to update publicly or release any revisions to these forward looking statements to
reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events.
Safety First
400
250km
Km
Salaverry
SalaverryPort
Port
TRC
TRCConcentrate
Concentrate
Warehouse
warehouse
Key Milestones
Delivered a world-class project in record time
31 August
January
Project acquisition
completed
Jan - 06
End Transition
from Construction
to Operation
Jul - 08 Aug - 08
Start-up:
Sep - 08
Ramp up
completed
Dec - 08
30 September 2008
26 July 2008
December
First shipment
Certifications
ISO
Dec 2009
OHSAS
Jun 2010
Integrated System
Aug 2011
2009
2010
2011
2009, 2010,2011
Gold (koz)
Copper (Mlb)
Proved
42.2
1.04
0.56
1,405
520
Probable
44.1
0.89
0.46
1,267
444
TOTAL
86.3
0.96
0.51
2,672
965
OPEN
PIT
CONCENTRATE
400 t/d (21% Cu, 1oz/t Au)
CRUSHING
GRINDING
FLOTATION
TONNAGE
20K t/d (0.5% Cu, 1g/t Au)
Tails
TAILING DAM
Utilities
Power
Water
18
Dec-10
1508
12
13
1397
12
Mar-11
Jun-11
1629
1180
808
1003
565
Sep-11
1412
993
1081
Sep-11
Hazards Reported
Jun-11
Jun-11
Mar-11
Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-11
23
1
Dec-10
Dec-10
Sep-10
Minor Injuries
Jun-10
0
3
Mar-10
Dec-09
Sep-10
Sep-09
Jun-10
Jun-09
Sep-11
Mar-10
Sep-11
15
Jun-11
Mar-11
Sep-10
15
Jun-10
16
Mar-10
18
0
Dec-09
Sep-09
Jun-09
0
Dec-09
Sep-09
Jun-09
Safety Statistics
If we cannot mine safely, we will not mine
Medically Treated Injuries
3
2
1
0
1
19
KPI - Throughput
Throughput (tph)
800
800
775
777
775
2010
2011 YTD
750
729
700
650
615
600
2008
2009
Actual (tph)
Design (tph)
________________________
Note: 2011 YTD for the 10 months ending October 2011
20
96
95.17
94
91.32
91.09
92
91.32
90
88
86
84
82
80.81
80
2008
2009
2010
Actual (%)
2011 YTD
Design (%)
________________________
Note: 2011 YTD for the 10 months ending October 2011
21
1.25
1.22
1.20
1.20
1.20
1.16
1.15
1.10
1.08
1.05
1.00
1.01
1.01
2010
2011 YTD
0.95
2008
2009
Actual (g/t)
(*)
________________________
Note: 2011 YTD for the 10 months ending October 2011
22
0.85
0.84
0.80
0.75
0.80
0.75
0.74
0.74
0.70
0.65
0.65
0.63
0.60
0.54
0.55
0.50
2008
2009
Actual (%)
2010
2011 YTD
________________________
Note: 2011 YTD for the 10 months ending October 2011
23
64
64.4
63.7
62
60
58
56
54
54.0
52
50
2008
2009
2010
2011 YTD
Actual (%)
________________________
Note: 2011 YTD for the 10 months ending October 2011
24
83
82.9
82.7
80.2
78
73
68
63
60.9
58
2008
2009
2010
2011 YTD
Actual (%)
________________________
Note: 2011 YTD for the 10 months ending October 2011
25
150 000
132,420
127,278
130 000
119,563
118,648
115,618
110 000
115,030
90 000
70 000
65,635
50 000
32,937
30 000
2008 (Aug-Dec)
2009 (Jan-Oct)
Actual (oz)
2010 (Jan-Oct)
2011 (Jan-Oct)
26
40 000
35,132
35 000
32,206
30,079
30 000
26,791
25 000
25,954
22,867
20 000
15 000
15,465
10 000
7,007
5 000
2008 (Aug-Dec)
2009 (Jan-Oct)
Actual (t)
2010 (Jan-Oct)
2011 (Jan-Oct)
27
360 000
341,982
312,395
310 000
274,607
260 000
268,415
250,922
238,377
210 000
160 000
152,768
110 000
73,977
60 000
2008 (Aug-Dec)
2009 (Jan-Oct)
2010 (Jan-Oct)
2011 (Jan-Oct)
28
160
158
550
500
514
140
470
123
120
450
400
406
388
350
100
300
80
250
60
200
150
38
40
100
20
26.0
25.6
24.7
2009
2010
2011 YTD
50
23.2
0
2008
Operating Costs (US$m | LHS))
________________________
Note: 2011 YTD for the 9 months ending September 2011
29
300
3292
3200
250
244
2800
2400
200
2000
150
1600
100
1200
85
70
49
50
257
172
162
2010
2011 YTD
800
400
0
2008
2009
Capex (US$m | LHS)
________________________
Note: 2011 YTD for the 9 months ending September 2011
30
KPI NCE & NCE margin | Total Cash Cost & Operating margin
Key financial metrics
1800
80
72
71
1600
1560
70
62
1400
60
61
1200
56
50
1000
43
40
35
800
626
30
600
557
532
426
380
400
363
361
20
10
200
0
2008
NCE (US$m | LHS)
2009
Total Cash Cost (US$m | LHS)
2010
Operating Margin (% | RHS)
2011 YTD
NCE Margin (% | RHS)
________________________
Note: 2011 YTD for the 9 months ending September 2011
31
Optimization Projects
Cerro Corona optimization projects underway
Optimization program launched Q4 2010
Actual results show a 2%-3% increase in recoveries
100
95
RST&CST characterization
90
85
Gravimetric concentration
Expert control system cleaning flotation
Automatic reagent dosing
Pebble crusher
Recovery %
1.55
1.35
80
1.15
75
70
Grade
1.75
0.95
65
0.75
60
55
0.55
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Au Recovery
Cu Recovery
Au Grade
Cu Grade
32
Life of Mine
Tonnes (millions)
86.3
Au grade (g/t)
0.96
Cu grade (%)
0.51
Au recovery (%)
73.2
Cu recovery (%)
87.9
Concentrate
Life of Mine
Tonnes (000)
1,672
Au grade (g/t)
36
Cu grade (%)
23
Au ounces (000oz)
Cu tonnes (000t)
Au-eq ounces1(000)
1,876
369
4,197
____________________________
1. Au Price US$1,400/oz; Cu Price US$8,600/t
33
Social Development
Social Development
Role: catalysts of development
Infrastructure
Local
Employment
&
Training
Sustainable
Development
Projects
Roads
Electrification
Communications
Health and Safety
Potable Water
Education
Port infrastructure
9
9
9
9
9
9
9
Self-sustaining
Economic circles
Dairy production
Blueberries
Pork and guinea pig farms
Services
Forestation
34
Sustainable Development
Improved
pastures
Improved
pastures
Improved cattle
Potatoes
Colza (bio-diesel)
35
To be the best
place to work
in the
industry
Consolidate
operational
efficiency
Gold Fields
best
operation in
2015
Increase
reserves to
127Mt from
86Mt
To be the
leader in
sustainable
gold mining
Target
production of
500koz Au-Eq
36
Timeline
Process Plant
Optimization
Implement Optimization
Projects to increase
recoveries & throughput
Q2 2012
Sulphide plant
Expansion
Q4 2012
Q4 2012
Consolidate Social
stability
On going
Convert resources
to reserves
Q1 2013
Talent / People
On going
37
Questions?