3. Regional Alignment
with Strategic Foundation
Operational Execution at Ahafo:
Completed initial mining ramp-up
Completed self-performance of drilling functions
Optimized ore control process
Implemented mine dispatch system
Leverage, Scope and Scale:
Working to build a Ghanaian Region
Leveraging global standardization
Exploration and Growth:
Evaluated Ahafo expansion opportunities
Studied optimal development of Akyem
Acquired district land position
February 8, 2008 Africa Overview
4. Consolidating
District Land Positions
Sefwi Belt
4,033KM2.
Newmont
2007 Acquisitions 128 KM2
1,236 KM2
Options/JV
Ashanti Belt
3,305 KM2
Newmont
2007 Options/JV 963 KM2
Sefwi Belt
Ashanti Belt
February 8, 2008 Africa Overview
5. 2008 Outlook Summary
Q4 YTD Outlook
2007 2007 2008
Equity gold sales (000 ozs) 85 446 495-530
Costs applicable to sales ($/oz) $416 $396 $485-$520
Capital expenditures ($ million) $40 $134 $150-$155
Reliable power supply
Additional self-performance opportunities in 2008
Expanding mining fleet
February 8, 2008 Africa Overview
6. 2008 Equity Production
600
550 ~ 30 ~ (10) 495 - 530
~ (10)
Equity Gold Sales (000 ozs)
~ 60
500
Recovery
Inventory
Throughput
446
450
Grade
400
350
300
2007 Actual 2008 Outlook
February 8, 2008 Africa Overview
7. 2008 Costs Applicable to Sales
$600
~ $10 ~ $5 ~ ($40)
~ $20
$550
$485-$520
~ $20
Other
Parts and Supplies
~ $30
$500
Contract Services
Production
CAS ($/oz)
~ $30
Consumables
Diesel
$450 ~ $40
Electricity
$396
$400
Labor
$350
$300
2007 Actual 2008 Outlook
February 8, 2008 Africa Overview
8. Beyond 2008
Building a Ghanaian Region
Ahafo South pit expansions
Ahafo North project (Stage 3)
Optimal Akyem development
Strategic exploration
Focus on long-term improvements
Long-term power solution
Continued localization efforts
February 8, 2008 Africa Overview
