SlideShare a Scribd company logo
1 of 6
Download to read offline
1
BACK ON TRACK AT TONGON…
upgrade and expansion programme
clears way for performance uptick
Amourlaye Daouda, operations manager
Côte d’Ivoire, Tongon mine…a profitable
business with upside potential
1996
Acquired Nielle
exploration permit
2001
Finalised prefeasibility study
Total resource 2.9MOz@2.6g/t
2002
Force Majeure
declared –
exploration office
closed
2007
Randgold returns and
commences 30 000m
drilling programme
Reserve
increased by
26% to
3.16Moz @
2.57g/t
2012
2008
Mine construction
started
2008
First ore fed
to Mill 1
on oxide ore
2010
First gold
poured
2010
Production continued as
political crisis escalated
2010
Oxygen plant
upgraded from
20-30tpd
Aug 2012
Transition to
100%
sulphide ore
2011
Additional
Gensets
commissioned
Nominated best
mine in Côte
d’Ivoire
Mine officially
opened by
president
2011
2014
Grid power
switched on
2012
Mill 2
commissioned
on oxide ore
2010
ISO14001
certification
2012
2011
Grid power
switched on
OHSAS18001
certification
2013
2
Tongon organisational chart…
Tongon employees
0
20
40
60
80
100
2010 2011 2012 2013 2014
% Expatriates % National
General Manager
Luiz Correia
Operation Manager
D. Amourlaye
Mining
Manager
Franck
Dibi
Mineral
Resources
Manager
Alan
Kouadjo
Process
Manager
Lancina
Cisse
Engineering
Manager
Hendrik
Snyman
Finance
Manager
Fabrice
Tamanei
HR
Manager
Kabinè
Outtara
Community
Manager
Denise
Ngom
SHE
Manager
Theophilus
Akita
Security
Manager
Derrick
Clampet
Suppy Chain
Manager
Ben
Binate
Tongon environment, health and safety…
0
20
40
60
80
100
120
140
2010 2011 2012 2013 2014
Malaria
incidence rate
0
0,5
1
1,5
2
2,5
2010 2011 2012 2013 2014
LTIFR
Health and Safety
Tongon achieved zero Lost Time Injury since the 15th
November 2013 - 4.3 million LTI free hours
OHSAS18001 accreditation in Nov 2013
OHSAS18001 surveillance 1 audit was successfully completed
in Sep 2014
Malaria incident rate decreased year on year (reduction +50%
since start of mine in 2010)
Ebola kit with PPE, mobile tent, bed and infrared thermometer
are available on the site to help on the management of
suspected cases
0
0,2
0,4
0,6
0,8
1
1,2
2011 2012 2013 2014
Environment
No major environmental incidents
ISO14001 accreditation achieved in Sept 2012
ISO14001 surveillance 2 audit was successfully completed
in Sep 2014
Effective water management: 85% reduction in fresh water
abstraction. 95% of process water recycled
Biodiversity action plans in place
Tongon nominated as a best mine of Cote d’Ivoire
Fresh water/tonne of
ore milled m3
3
Reserves and resources…
2km
Southern
Zone
Northern
Zone
N
0.5 – 1.0g/t
1.0 – 2.0g/t
2.0 – 3.0g/t
3.0 – 4.0g/t
> 4.0g/t
Reserves and Resources
Moz
0
1
2
3
4
5
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Reserves Resources
Tongon, Grid vs Genset power usage…
Q4 2013 to Q3 2014
0,00
0,05
0,10
0,15
0,20
0,25
-
2
4
6
8
10
12
14
16
18
20
Energy Supplied from Grid Energy Supplied by Powerhouse Total Power Cost
Total KWh million
Targeted “grid to diesel generated”
power ratio of 98:2
Total cost $/KWh
CIE utilisation
4
Timeline to operational efficiency…crushing
lines belt intervention and change-out
440
460
480
500
520
540
560
580
600
620
Tonnes treated rate per hour
Installation of crushers 3&4
Installation of 1st set of CH 660’s - crushers 5&6
Complete crusher and conveyor installation
2nd stream
of rougher
flotation
1st stream
of rougher
flotation
CRUSHER
CHANGEOUT
FLOTATION
UPGRADE



Crushing lines belt intervention and change-out
Forecast
Tongon mine…operating results
30 Sep
2014
31 Dec
2013
31 Dec
2012
Mining
Tonnes mined (000) 19 412 27 237 20 380
Ore tonnes mined (000) 2 629 4 081 45 592
Milling
Tonnes processed (000) 3 042 3 866 3 432
Head grade milled (g/t) 2.3 2.4 2.5
Recovery (%) 77.3 77.0 77.4
Ounces produced 170 740 233 591 210 615
Ounces sold 170 538 236 279 210 396
Average price received ($/oz) 1 286 1 394 1 672
Cash operating costs ($/oz) 854 786 722
Total cash costs ($/oz) 892 828 772
Gold on hand at period end ($000) 128 - 3 268
Profit from mining activity ($000) 67 158 133 907 189 313
Gold sales ($000) 219 327 329 448 351 805
9 months ended 12 months ended
5
Tongon…5 year plan
0
1
2
3
4
5
6
7
0
100
200
300
400
500
600
700
800
900
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Production Total cash cost/oz Capex Grade
Grade
g/t
Grade g/t
Total cash cost/oz
Capex $000
Production
Oz 000
Cash cost
$/oz
Capex
$m
Contribution to Côte d’Ivoire economy…
Total payment
$609.1 million
$535.5m
$39.8m
Local suppliers, local
salaries, community
investment
Royalties
$33.8m
Direct and
indirect taxes
6
Disclaimer…
Randgold reports its mineral resources and mineral reserves in accordance with the JORC 2012 code. As such
numbers are reported to the second significant digit. They are equivalent to National Instrument 43-101. Mineral
resources are reported at a cut-off grade based on a gold price of US$1 500/oz.
The reporting of mineral reserves is also in accordance with Industry Guide 7. Pit optimisations are carried out at a
gold price of US$1 000/oz, except for Morila which is reported at US$1 300/oz. Mineral reserves are reported at a
cut-off grade based on US$1 000/oz gold price within the pit designs. Underground reserves are also based on a
gold price of US$1 000/oz. Dilution and ore loss are incorporated into the calculation of reserves. Cautionary note
to US investors: The United States Securities and Exchange Commission (the SEC) permits mining companies, in
their filings with the SEC, to disclose only proven and probable ore reserves. Randgold uses certain terms in this
annual report such as ‘resources’, that the SEC does not recognise and strictly prohibits the company from
including in its filings with the SEC. Investors are cautioned not to assume that all or any parts of the company’s
resources will ever be converted into reserves which qualify as ‘proven and probable reserves’ for the purposes of
the SEC’s Industry Guide number 7.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Except for the historical information
contained herein, the matters discussed in this presentation are 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, and
applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements
with respect to the future price of gold, the estimation of mineral reserves and resources, the realisation of mineral
reserve estimates, the timing and amount of estimated future production, costs of production, reserve
determination and reserve conversion rates. Generally, these forward-looking statements can be identified by the
use of forward-looking terminology such as ‘will’, ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’,
‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of
such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be
taken’, ‘occur’ or ‘be achieved’. Assumptions upon which such forward-looking statements are based are in turn
based on factors and events that are not within the control of Randgold Resources Limited (‘Randgold’) and there
is no assurance they will prove to be correct. Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of Randgold to be materially different from those expressed or implied by such forward-looking
statements, including but not limited to: risks related to mining operations, including political risks and instability
and risks related to international operations, actual results of current exploration activities, conclusions of
economic evaluations, changes in project parameters as plans continue to be refined, as well as those factors
discussed in Randgold’s filings with the US Securities and Exchange Commission (the ‘SEC’). Although Randgold
has attempted to identify important factors that could cause actual results to differ materially from those contained
in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements. Randgold does not undertake to update any forward-looking
statements herein, except in accordance with applicable securities laws.
CAUTIONARY NOTE TO US INVESTORS: The SEC permits companies, in their filings with the SEC, to disclose
only proven and probable ore reserves. We use certain terms in this release, such as ‘resources’, that the SEC
does not recognise and strictly prohibits us from including in our filings with the SEC. Investors are cautioned not
to assume that all or any parts of our resources will ever be converted into reserves which qualify as ‘proven and
probable reserves’ for the purposes of the SEC’s Industry Guide number 7.

More Related Content

What's hot

NYSSA’s 17th Annual Mining Conference
NYSSA’s 17th Annual Mining ConferenceNYSSA’s 17th Annual Mining Conference
NYSSA’s 17th Annual Mining ConferenceNOVAGOLD
 
September 2021 calibre corp presentation
September 2021 calibre corp presentationSeptember 2021 calibre corp presentation
September 2021 calibre corp presentationAdnet Communications
 
Belo Sun Corporate Presentation Aug 2014
Belo Sun Corporate Presentation Aug 2014 Belo Sun Corporate Presentation Aug 2014
Belo Sun Corporate Presentation Aug 2014 belosunhelia
 
Belo Sun Corporate Presentation July 2014
Belo Sun Corporate Presentation July 2014 Belo Sun Corporate Presentation July 2014
Belo Sun Corporate Presentation July 2014 belosunhelia
 
Belo Sun Corporate Presentation june 2014
Belo Sun Corporate Presentation june 2014 Belo Sun Corporate Presentation june 2014
Belo Sun Corporate Presentation june 2014 belosunhelia
 
Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014 Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014 belosunhelia
 
Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014 Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014 belosunhelia
 
Belo Sun Corporate Presentation April 2014
Belo Sun Corporate Presentation April 2014Belo Sun Corporate Presentation April 2014
Belo Sun Corporate Presentation April 2014belosunhelia
 
Avion Corporate Presentation 10 11 04
Avion Corporate Presentation 10 11 04Avion Corporate Presentation 10 11 04
Avion Corporate Presentation 10 11 04Avion Gold Corp
 
July 2014 Corporate Presentation
July 2014 Corporate PresentationJuly 2014 Corporate Presentation
July 2014 Corporate PresentationCrocodile Gold
 
Lion One Metals Presentation Dec 2021
Lion One Metals Presentation Dec 2021Lion One Metals Presentation Dec 2021
Lion One Metals Presentation Dec 2021Joe Gray
 
Lundin Gold Sept 2018 Corporate Presentation
Lundin Gold Sept 2018 Corporate PresentationLundin Gold Sept 2018 Corporate Presentation
Lundin Gold Sept 2018 Corporate PresentationAdnet Communications
 
Avion Corporate Presentation - November 12
Avion Corporate Presentation - November 12Avion Corporate Presentation - November 12
Avion Corporate Presentation - November 12Avion Gold Corp
 
Lm slides 2021 05-18
Lm slides 2021 05-18Lm slides 2021 05-18
Lm slides 2021 05-18AdnetNew
 
2017 PDAC Convention
2017 PDAC Convention 2017 PDAC Convention
2017 PDAC Convention NOVAGOLD
 
Bitterroot Resources - LM Project December 17, 2021
Bitterroot Resources - LM Project December 17, 2021Bitterroot Resources - LM Project December 17, 2021
Bitterroot Resources - LM Project December 17, 2021Adnet Communications
 
Stornoway Corporate Update May 13, 2015
Stornoway Corporate Update May 13, 2015Stornoway Corporate Update May 13, 2015
Stornoway Corporate Update May 13, 2015Stornoway Diamonds
 

What's hot (19)

NYSSA’s 17th Annual Mining Conference
NYSSA’s 17th Annual Mining ConferenceNYSSA’s 17th Annual Mining Conference
NYSSA’s 17th Annual Mining Conference
 
September 2021 calibre corp presentation
September 2021 calibre corp presentationSeptember 2021 calibre corp presentation
September 2021 calibre corp presentation
 
Belo Sun Corporate Presentation Aug 2014
Belo Sun Corporate Presentation Aug 2014 Belo Sun Corporate Presentation Aug 2014
Belo Sun Corporate Presentation Aug 2014
 
Belo Sun Corporate Presentation July 2014
Belo Sun Corporate Presentation July 2014 Belo Sun Corporate Presentation July 2014
Belo Sun Corporate Presentation July 2014
 
Belo Sun Corporate Presentation june 2014
Belo Sun Corporate Presentation june 2014 Belo Sun Corporate Presentation june 2014
Belo Sun Corporate Presentation june 2014
 
Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014 Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014
 
Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014 Belo Sun Corporate Presentation May 2014
Belo Sun Corporate Presentation May 2014
 
Belo Sun Corporate Presentation April 2014
Belo Sun Corporate Presentation April 2014Belo Sun Corporate Presentation April 2014
Belo Sun Corporate Presentation April 2014
 
Avion Corporate Presentation 10 11 04
Avion Corporate Presentation 10 11 04Avion Corporate Presentation 10 11 04
Avion Corporate Presentation 10 11 04
 
July 2014 Corporate Presentation
July 2014 Corporate PresentationJuly 2014 Corporate Presentation
July 2014 Corporate Presentation
 
Lion One Metals Presentation Dec 2021
Lion One Metals Presentation Dec 2021Lion One Metals Presentation Dec 2021
Lion One Metals Presentation Dec 2021
 
Presentations
PresentationsPresentations
Presentations
 
Lundin Gold Sept 2018 Corporate Presentation
Lundin Gold Sept 2018 Corporate PresentationLundin Gold Sept 2018 Corporate Presentation
Lundin Gold Sept 2018 Corporate Presentation
 
Avion Corporate Presentation - November 12
Avion Corporate Presentation - November 12Avion Corporate Presentation - November 12
Avion Corporate Presentation - November 12
 
Lm slides 2021 05-18
Lm slides 2021 05-18Lm slides 2021 05-18
Lm slides 2021 05-18
 
2017 PDAC Convention
2017 PDAC Convention 2017 PDAC Convention
2017 PDAC Convention
 
Lug mar-2018-corp-ppt-final
Lug mar-2018-corp-ppt-finalLug mar-2018-corp-ppt-final
Lug mar-2018-corp-ppt-final
 
Bitterroot Resources - LM Project December 17, 2021
Bitterroot Resources - LM Project December 17, 2021Bitterroot Resources - LM Project December 17, 2021
Bitterroot Resources - LM Project December 17, 2021
 
Stornoway Corporate Update May 13, 2015
Stornoway Corporate Update May 13, 2015Stornoway Corporate Update May 13, 2015
Stornoway Corporate Update May 13, 2015
 

Similar to 7 tongon

BoAML Canada Mining Conference, Toronto
BoAML Canada Mining Conference, TorontoBoAML Canada Mining Conference, Toronto
BoAML Canada Mining Conference, TorontoDetourGold
 
Dgc 13 09_12-13_bo_aml conference
Dgc 13 09_12-13_bo_aml conferenceDgc 13 09_12-13_bo_aml conference
Dgc 13 09_12-13_bo_aml conferenceDetourGold
 
Dgc 14 03_19-20 - ms conference
Dgc 14 03_19-20 - ms conferenceDgc 14 03_19-20 - ms conference
Dgc 14 03_19-20 - ms conferenceDetourGold
 
Dgc 14 04_23 - scotia conference
Dgc 14 04_23 - scotia conferenceDgc 14 04_23 - scotia conference
Dgc 14 04_23 - scotia conferenceDetourGold
 
Corporate Presentation
Corporate PresentationCorporate Presentation
Corporate PresentationDetourGold
 
Avion Corporate Presentation
Avion Corporate PresentationAvion Corporate Presentation
Avion Corporate PresentationAvion Gold Corp
 
DGC 14_03_2-5 - pdac conference
DGC 14_03_2-5 - pdac conferenceDGC 14_03_2-5 - pdac conference
DGC 14_03_2-5 - pdac conferenceDetourGold
 
LUG Q1 2022 Conf Call v5.pdf
LUG Q1 2022 Conf Call v5.pdfLUG Q1 2022 Conf Call v5.pdf
LUG Q1 2022 Conf Call v5.pdfAdnetNew
 
LaRonde GMP Tour November 22 2013
LaRonde GMP Tour November 22 2013LaRonde GMP Tour November 22 2013
LaRonde GMP Tour November 22 2013Agnico Eagle Mines
 
Lundin Gold corporate presentation may 2021
Lundin Gold corporate presentation may 2021Lundin Gold corporate presentation may 2021
Lundin Gold corporate presentation may 2021Adnet Communications
 
Dgc 13 05_14-16_bo_aml conference
Dgc 13 05_14-16_bo_aml conferenceDgc 13 05_14-16_bo_aml conference
Dgc 13 05_14-16_bo_aml conferenceDetourGold
 
Dgc 14 02_23-26 - bmo conference
Dgc 14 02_23-26 - bmo conferenceDgc 14 02_23-26 - bmo conference
Dgc 14 02_23-26 - bmo conferenceDetourGold
 
Detour Gold corporate presentation
Detour Gold corporate presentationDetour Gold corporate presentation
Detour Gold corporate presentationDetourGold
 
Detour Gold Corporate Presentation
Detour Gold Corporate PresentationDetour Gold Corporate Presentation
Detour Gold Corporate PresentationDetourGold
 
Lug corporate presentation april 2021
Lug corporate presentation april 2021Lug corporate presentation april 2021
Lug corporate presentation april 2021AdnetNew
 
Lug corporate presentation april 2021
Lug corporate presentation april 2021Lug corporate presentation april 2021
Lug corporate presentation april 2021AdnetNew
 
Denver Gold corporate presentation
Denver Gold corporate presentationDenver Gold corporate presentation
Denver Gold corporate presentationDetourGold
 
Dgc Denver Gold Forum
Dgc Denver Gold ForumDgc Denver Gold Forum
Dgc Denver Gold ForumDetourGold
 
Young-Davidson Mine Tour
Young-Davidson Mine TourYoung-Davidson Mine Tour
Young-Davidson Mine TourAuRico Gold
 
Fmc corporate presentationjune 2013
Fmc corporate presentationjune 2013Fmc corporate presentationjune 2013
Fmc corporate presentationjune 2013forbescoal
 

Similar to 7 tongon (20)

BoAML Canada Mining Conference, Toronto
BoAML Canada Mining Conference, TorontoBoAML Canada Mining Conference, Toronto
BoAML Canada Mining Conference, Toronto
 
Dgc 13 09_12-13_bo_aml conference
Dgc 13 09_12-13_bo_aml conferenceDgc 13 09_12-13_bo_aml conference
Dgc 13 09_12-13_bo_aml conference
 
Dgc 14 03_19-20 - ms conference
Dgc 14 03_19-20 - ms conferenceDgc 14 03_19-20 - ms conference
Dgc 14 03_19-20 - ms conference
 
Dgc 14 04_23 - scotia conference
Dgc 14 04_23 - scotia conferenceDgc 14 04_23 - scotia conference
Dgc 14 04_23 - scotia conference
 
Corporate Presentation
Corporate PresentationCorporate Presentation
Corporate Presentation
 
Avion Corporate Presentation
Avion Corporate PresentationAvion Corporate Presentation
Avion Corporate Presentation
 
DGC 14_03_2-5 - pdac conference
DGC 14_03_2-5 - pdac conferenceDGC 14_03_2-5 - pdac conference
DGC 14_03_2-5 - pdac conference
 
LUG Q1 2022 Conf Call v5.pdf
LUG Q1 2022 Conf Call v5.pdfLUG Q1 2022 Conf Call v5.pdf
LUG Q1 2022 Conf Call v5.pdf
 
LaRonde GMP Tour November 22 2013
LaRonde GMP Tour November 22 2013LaRonde GMP Tour November 22 2013
LaRonde GMP Tour November 22 2013
 
Lundin Gold corporate presentation may 2021
Lundin Gold corporate presentation may 2021Lundin Gold corporate presentation may 2021
Lundin Gold corporate presentation may 2021
 
Dgc 13 05_14-16_bo_aml conference
Dgc 13 05_14-16_bo_aml conferenceDgc 13 05_14-16_bo_aml conference
Dgc 13 05_14-16_bo_aml conference
 
Dgc 14 02_23-26 - bmo conference
Dgc 14 02_23-26 - bmo conferenceDgc 14 02_23-26 - bmo conference
Dgc 14 02_23-26 - bmo conference
 
Detour Gold corporate presentation
Detour Gold corporate presentationDetour Gold corporate presentation
Detour Gold corporate presentation
 
Detour Gold Corporate Presentation
Detour Gold Corporate PresentationDetour Gold Corporate Presentation
Detour Gold Corporate Presentation
 
Lug corporate presentation april 2021
Lug corporate presentation april 2021Lug corporate presentation april 2021
Lug corporate presentation april 2021
 
Lug corporate presentation april 2021
Lug corporate presentation april 2021Lug corporate presentation april 2021
Lug corporate presentation april 2021
 
Denver Gold corporate presentation
Denver Gold corporate presentationDenver Gold corporate presentation
Denver Gold corporate presentation
 
Dgc Denver Gold Forum
Dgc Denver Gold ForumDgc Denver Gold Forum
Dgc Denver Gold Forum
 
Young-Davidson Mine Tour
Young-Davidson Mine TourYoung-Davidson Mine Tour
Young-Davidson Mine Tour
 
Fmc corporate presentationjune 2013
Fmc corporate presentationjune 2013Fmc corporate presentationjune 2013
Fmc corporate presentationjune 2013
 

Recently uploaded

ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...AgileNetwork
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insightWayne Abrahams
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineeringthomas851723
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixCIToolkit
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentationmintusiprd
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingCIToolkit
 
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Roomdivyansh0kumar0
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sectorthomas851723
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Reviewthomas851723
 
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Nehwal
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentationcraig524401
 

Recently uploaded (13)

ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insight
 
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Servicesauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineering
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentation
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
 
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sector
 
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance VVIP 🍎 SERVICE
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance  VVIP 🍎 SERVICECall Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance  VVIP 🍎 SERVICE
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance VVIP 🍎 SERVICE
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Review
 
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentation
 

7 tongon

  • 1. 1 BACK ON TRACK AT TONGON… upgrade and expansion programme clears way for performance uptick Amourlaye Daouda, operations manager Côte d’Ivoire, Tongon mine…a profitable business with upside potential 1996 Acquired Nielle exploration permit 2001 Finalised prefeasibility study Total resource 2.9MOz@2.6g/t 2002 Force Majeure declared – exploration office closed 2007 Randgold returns and commences 30 000m drilling programme Reserve increased by 26% to 3.16Moz @ 2.57g/t 2012 2008 Mine construction started 2008 First ore fed to Mill 1 on oxide ore 2010 First gold poured 2010 Production continued as political crisis escalated 2010 Oxygen plant upgraded from 20-30tpd Aug 2012 Transition to 100% sulphide ore 2011 Additional Gensets commissioned Nominated best mine in Côte d’Ivoire Mine officially opened by president 2011 2014 Grid power switched on 2012 Mill 2 commissioned on oxide ore 2010 ISO14001 certification 2012 2011 Grid power switched on OHSAS18001 certification 2013
  • 2. 2 Tongon organisational chart… Tongon employees 0 20 40 60 80 100 2010 2011 2012 2013 2014 % Expatriates % National General Manager Luiz Correia Operation Manager D. Amourlaye Mining Manager Franck Dibi Mineral Resources Manager Alan Kouadjo Process Manager Lancina Cisse Engineering Manager Hendrik Snyman Finance Manager Fabrice Tamanei HR Manager Kabinè Outtara Community Manager Denise Ngom SHE Manager Theophilus Akita Security Manager Derrick Clampet Suppy Chain Manager Ben Binate Tongon environment, health and safety… 0 20 40 60 80 100 120 140 2010 2011 2012 2013 2014 Malaria incidence rate 0 0,5 1 1,5 2 2,5 2010 2011 2012 2013 2014 LTIFR Health and Safety Tongon achieved zero Lost Time Injury since the 15th November 2013 - 4.3 million LTI free hours OHSAS18001 accreditation in Nov 2013 OHSAS18001 surveillance 1 audit was successfully completed in Sep 2014 Malaria incident rate decreased year on year (reduction +50% since start of mine in 2010) Ebola kit with PPE, mobile tent, bed and infrared thermometer are available on the site to help on the management of suspected cases 0 0,2 0,4 0,6 0,8 1 1,2 2011 2012 2013 2014 Environment No major environmental incidents ISO14001 accreditation achieved in Sept 2012 ISO14001 surveillance 2 audit was successfully completed in Sep 2014 Effective water management: 85% reduction in fresh water abstraction. 95% of process water recycled Biodiversity action plans in place Tongon nominated as a best mine of Cote d’Ivoire Fresh water/tonne of ore milled m3
  • 3. 3 Reserves and resources… 2km Southern Zone Northern Zone N 0.5 – 1.0g/t 1.0 – 2.0g/t 2.0 – 3.0g/t 3.0 – 4.0g/t > 4.0g/t Reserves and Resources Moz 0 1 2 3 4 5 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Reserves Resources Tongon, Grid vs Genset power usage… Q4 2013 to Q3 2014 0,00 0,05 0,10 0,15 0,20 0,25 - 2 4 6 8 10 12 14 16 18 20 Energy Supplied from Grid Energy Supplied by Powerhouse Total Power Cost Total KWh million Targeted “grid to diesel generated” power ratio of 98:2 Total cost $/KWh CIE utilisation
  • 4. 4 Timeline to operational efficiency…crushing lines belt intervention and change-out 440 460 480 500 520 540 560 580 600 620 Tonnes treated rate per hour Installation of crushers 3&4 Installation of 1st set of CH 660’s - crushers 5&6 Complete crusher and conveyor installation 2nd stream of rougher flotation 1st stream of rougher flotation CRUSHER CHANGEOUT FLOTATION UPGRADE    Crushing lines belt intervention and change-out Forecast Tongon mine…operating results 30 Sep 2014 31 Dec 2013 31 Dec 2012 Mining Tonnes mined (000) 19 412 27 237 20 380 Ore tonnes mined (000) 2 629 4 081 45 592 Milling Tonnes processed (000) 3 042 3 866 3 432 Head grade milled (g/t) 2.3 2.4 2.5 Recovery (%) 77.3 77.0 77.4 Ounces produced 170 740 233 591 210 615 Ounces sold 170 538 236 279 210 396 Average price received ($/oz) 1 286 1 394 1 672 Cash operating costs ($/oz) 854 786 722 Total cash costs ($/oz) 892 828 772 Gold on hand at period end ($000) 128 - 3 268 Profit from mining activity ($000) 67 158 133 907 189 313 Gold sales ($000) 219 327 329 448 351 805 9 months ended 12 months ended
  • 5. 5 Tongon…5 year plan 0 1 2 3 4 5 6 7 0 100 200 300 400 500 600 700 800 900 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Production Total cash cost/oz Capex Grade Grade g/t Grade g/t Total cash cost/oz Capex $000 Production Oz 000 Cash cost $/oz Capex $m Contribution to Côte d’Ivoire economy… Total payment $609.1 million $535.5m $39.8m Local suppliers, local salaries, community investment Royalties $33.8m Direct and indirect taxes
  • 6. 6 Disclaimer… Randgold reports its mineral resources and mineral reserves in accordance with the JORC 2012 code. As such numbers are reported to the second significant digit. They are equivalent to National Instrument 43-101. Mineral resources are reported at a cut-off grade based on a gold price of US$1 500/oz. The reporting of mineral reserves is also in accordance with Industry Guide 7. Pit optimisations are carried out at a gold price of US$1 000/oz, except for Morila which is reported at US$1 300/oz. Mineral reserves are reported at a cut-off grade based on US$1 000/oz gold price within the pit designs. Underground reserves are also based on a gold price of US$1 000/oz. Dilution and ore loss are incorporated into the calculation of reserves. Cautionary note to US investors: The United States Securities and Exchange Commission (the SEC) permits mining companies, in their filings with the SEC, to disclose only proven and probable ore reserves. Randgold uses certain terms in this annual report such as ‘resources’, that the SEC does not recognise and strictly prohibits the company from including in its filings with the SEC. Investors are cautioned not to assume that all or any parts of the company’s resources will ever be converted into reserves which qualify as ‘proven and probable reserves’ for the purposes of the SEC’s Industry Guide number 7. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Except for the historical information contained herein, the matters discussed in this presentation are 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, and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, the realisation of mineral reserve estimates, the timing and amount of estimated future production, costs of production, reserve determination and reserve conversion rates. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as ‘will’, ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Assumptions upon which such forward-looking statements are based are in turn based on factors and events that are not within the control of Randgold Resources Limited (‘Randgold’) and there is no assurance they will prove to be correct. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Randgold to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to mining operations, including political risks and instability and risks related to international operations, actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, as well as those factors discussed in Randgold’s filings with the US Securities and Exchange Commission (the ‘SEC’). Although Randgold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Randgold does not undertake to update any forward-looking statements herein, except in accordance with applicable securities laws. CAUTIONARY NOTE TO US INVESTORS: The SEC permits companies, in their filings with the SEC, to disclose only proven and probable ore reserves. We use certain terms in this release, such as ‘resources’, that the SEC does not recognise and strictly prohibits us from including in our filings with the SEC. Investors are cautioned not to assume that all or any parts of our resources will ever be converted into reserves which qualify as ‘proven and probable reserves’ for the purposes of the SEC’s Industry Guide number 7.