The document provides an overview of Newmont Mining Corporation's operations and outlook. It discusses Q3 2012 operational performance, with gold production of 1.24Moz at a CAS of $693/oz. It highlights the company's regional operations in North America, South America, and Asia Pacific. It also discusses the company's focus on cost control and margin protection through optimizing current operations and overhead cost reductions. The document emphasizes Newmont's commitment to delivering shareholder value through consistent production, a gold price-linked dividend, and leading reserves and production metrics per share.
Teranga produced 45,495 ounces of gold in Q2 2012, a 36% increase over Q2 2011. Cash costs were $645 per ounce, 20% lower than the previous year. Production and cost guidance for 2012 remains at 210,000-225,000 ounces at $600-$650 per ounce. Financially, revenue was $62 million and profit was $12.6 million compared to a loss in Q2 2011. Teranga is focused on growing reserves and production through exploration and mill expansion, and maintaining financial strength.
The document presents an investment case for investing in palladium mining company North American Palladium. It notes that palladium prices are forecast to rise significantly due to strong demand fundamentals and constrained mine supply. Demand is expected to continue growing from the automotive sector, while mine production is concentrated in risky jurisdictions like Russia and South Africa and unable to keep up with demand. North American Palladium offers palladium production growth through mine expansion and has an experienced management team and prudent financial position to support further development.
South American Silver Corp December 2011 Corporate Presentationsoamsilver
This document summarizes South American Silver Corp., which is growing and advancing one of the world's largest undeveloped silver and indium resources. It has two large-scale deposits in South America, including the Malku Khota project in Bolivia, which is one of the largest silver-indium-gallium resources globally. An updated 2011 study doubles estimated production to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium annually for the first five years.
Kasbah Resources is an emerging tin producer focused on developing its Achmmach Tin Project in Morocco. It has a growing JORC resource of 7 million tonnes at 0.8% tin containing 54,000 tonnes of tin. A scoping study showed robust economics for the project with a pre-tax NPV of $126 million and IRR of 43% at a tin price of $23,000 per tonne. Kasbah is advancing the project with drilling, metallurgical testwork, permitting and a pre-feasibility study targeted for completion in 2012.
CIBC organized a bus tour of gold mining operations in the Abitibi Gold Belt of Quebec and Ontario. Key observations included high competition for labor but it was manageable, infrastructure choices impact start-ups, equipment selection affects expansions, and the Abitibi camp still has significant gold reserves. Following the tour, CIBC lowered its price targets for Osisko and Kirkland Lake Gold due to commissioning issues at Osisko and adjusted assumptions at Kirkland Lake Gold.
SAC September 2011 Corporate Presentationsoamsilver
South American Silver Corp. is growing and advancing one of the world's largest undeveloped silver and indium resources. The company has two large-scale deposits in South America - Malku Khota, one of the largest silver-indium-gallium resources, and Escalones, a high potential copper-silver-gold deposit. An updated study doubles estimated production at Malku Khota to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium per year for the first five years.
First Quarter 2012 Conference Call & WebcastTeranga Gold
Teranga produced 41,904 ounces of gold in Q1 2012, a 22% increase over Q1 2011. Cash costs were $673 per ounce sold, 17% lower than Q4 2011. Exploration drilling continued to yield promising results, extending known mineralized zones and identifying new targets within trucking distance of the Sabodala mill. Teranga plans increased production and a $50 million exploration budget in 2012 to continue growing reserves and cash flow.
Teranga produced 45,495 ounces of gold in Q2 2012, a 36% increase over Q2 2011. Cash costs were $645 per ounce, 20% lower than the previous year. Production and cost guidance for 2012 remains at 210,000-225,000 ounces at $600-$650 per ounce. Financially, revenue was $62 million and profit was $12.6 million compared to a loss in Q2 2011. Teranga is focused on growing reserves and production through exploration and mill expansion, and maintaining financial strength.
The document presents an investment case for investing in palladium mining company North American Palladium. It notes that palladium prices are forecast to rise significantly due to strong demand fundamentals and constrained mine supply. Demand is expected to continue growing from the automotive sector, while mine production is concentrated in risky jurisdictions like Russia and South Africa and unable to keep up with demand. North American Palladium offers palladium production growth through mine expansion and has an experienced management team and prudent financial position to support further development.
South American Silver Corp December 2011 Corporate Presentationsoamsilver
This document summarizes South American Silver Corp., which is growing and advancing one of the world's largest undeveloped silver and indium resources. It has two large-scale deposits in South America, including the Malku Khota project in Bolivia, which is one of the largest silver-indium-gallium resources globally. An updated 2011 study doubles estimated production to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium annually for the first five years.
Kasbah Resources is an emerging tin producer focused on developing its Achmmach Tin Project in Morocco. It has a growing JORC resource of 7 million tonnes at 0.8% tin containing 54,000 tonnes of tin. A scoping study showed robust economics for the project with a pre-tax NPV of $126 million and IRR of 43% at a tin price of $23,000 per tonne. Kasbah is advancing the project with drilling, metallurgical testwork, permitting and a pre-feasibility study targeted for completion in 2012.
CIBC organized a bus tour of gold mining operations in the Abitibi Gold Belt of Quebec and Ontario. Key observations included high competition for labor but it was manageable, infrastructure choices impact start-ups, equipment selection affects expansions, and the Abitibi camp still has significant gold reserves. Following the tour, CIBC lowered its price targets for Osisko and Kirkland Lake Gold due to commissioning issues at Osisko and adjusted assumptions at Kirkland Lake Gold.
SAC September 2011 Corporate Presentationsoamsilver
South American Silver Corp. is growing and advancing one of the world's largest undeveloped silver and indium resources. The company has two large-scale deposits in South America - Malku Khota, one of the largest silver-indium-gallium resources, and Escalones, a high potential copper-silver-gold deposit. An updated study doubles estimated production at Malku Khota to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium per year for the first five years.
First Quarter 2012 Conference Call & WebcastTeranga Gold
Teranga produced 41,904 ounces of gold in Q1 2012, a 22% increase over Q1 2011. Cash costs were $673 per ounce sold, 17% lower than Q4 2011. Exploration drilling continued to yield promising results, extending known mineralized zones and identifying new targets within trucking distance of the Sabodala mill. Teranga plans increased production and a $50 million exploration budget in 2012 to continue growing reserves and cash flow.
Sage march 2013 investor presentation currentSagegold
Sage Gold's short term plan is to develop the existing resource at their Clavos deposit to generate cash flow through near term production. A Preliminary Economic Assessment shows a robust project with a 71% pre-tax IRR. Existing infrastructure and permits are in place to begin re-opening the Clavos mine in 2013. Sage also has a JV with St Andrew Goldfields providing access to a mill and existing underground development at the Clavos property in the prolific Timmins gold camp of Ontario. The updated NI43-101 shows indicated resources of 194,600 ounces and inferred resources of 120,000 ounces of gold at the Clavos deposit.
This document discusses North American Palladium's investment case. It notes that NAP is a growth-oriented precious metals producer with operations in mining-friendly jurisdictions. It has the Lac des Iles palladium mine, one of only two primary palladium mines in the world, and a gold division. NAP has a pipeline of projects to increase palladium and gold production and significant exploration commitments. It also has an experienced management team and a strong balance sheet with no long-term debt.
Edgewater Exploration Ltd. is a gold exploration company with projects in Spain and Ghana. The company's flagship project is the Corcoesto Gold Project in Galicia, Spain, which has shown positive economics in a preliminary economic assessment. Edgewater plans to complete an updated resource estimate and bankable feasibility study for Corcoesto in 2012 to advance project financing and permitting. The company also holds the Enchi Gold Project in Ghana where an initial resource estimate is expected in mid-2012. Edgewater is led by an experienced management team with a track record of building and operating mines. The company presents opportunities for resource growth and shareholder value through the advancement of its projects in 2012.
This presentation provides an overview of North American Palladium and its Lac des Iles palladium mine. It highlights NAP's strong balance sheet, experienced management team, and the compelling investment case for palladium given constrained mine supply and growing demand. The presentation also details the expansion underway at LDI mine, including sinking a new shaft to increase production capacity and lower costs. Once mining rates reach 5,500 tpd in 2015, annual production is projected to exceed 250,000 ounces of palladium with cash costs of around $200 per ounce.
The document discusses the company's forward-looking estimates and plans for growing gold production, reserves, and cash flow over the next few years. It estimates increasing gold production from 1.13-1.23 million ounces in 2011 to 1.5 million ounces by 2014 through projects like expanding existing mines. It also estimates growing gold reserves to 20-21 million ounces by the end of 2010 and 21-22 million ounces by the end of 2011. The company aims to be a low-cost leader with total cash costs below industry averages.
NAP is an investment opportunity in the palladium market. It owns the Lac des Iles mine, one of only two primary palladium mines globally. The mine is undergoing an expansion to increase production and reduce costs per ounce. Palladium fundamentals are strong due to constrained supply and increasing demand from the automotive sector. NAP offers production growth through the mine expansion and exploration upside on its properties.
This corporate document provides an update for March 2011. It discusses forward-looking statements and the risks associated with them. Key points include increasing gold production to 1.5 million ounces by 2014, growing gold reserves to over 22 million ounces, acquiring smaller companies, maintaining low costs, and increasing net free cash flow and dividends per share. Operating results for 2010 show growing revenue diversified across six mines, with total gold production of 987,609 ounces and total cash costs of $451 per ounce. Financial results for 2010 were record levels of earnings and cash flow driven by production growth.
This presentation provides an overview of North American Palladium's Lac des Iles mine and expansion plans. Key points include:
1) The Lac des Iles mine is a world-class palladium asset located in Ontario, Canada and is one of only two primary palladium mines globally.
2) The mine is undergoing a major expansion to increase production and lower costs through sinking a new shaft to allow for higher underground mining rates of up to 5,500 tonnes per day.
3) The expansion is on track and expected to significantly grow palladium production to 150,000-160,000 ounces in 2012 and beyond as underground mining rates ramp up over the next few years.
NAP's Lac des Iles mine in Ontario, Canada is one of only two primary palladium mines in the world. The presentation discusses expanding production at LDI through mine expansion projects which offer production growth and decreasing cash costs. It also notes significant development and exploration upside at LDI and other properties to complement existing mill capacity and infrastructure. Management is experienced and aims to reduce risks through projects at LDI, which has been producing palladium for 20 years.
This presentation by a mining company provides an overview of its operations and growth prospects. It discusses the company's producing Summit Gold-Silver Mine in New Mexico, as well as its plans to acquire the Mogollon Gold-Silver project, which could potentially double its gold and silver resources. It also outlines the Ortiz Gold Project in New Mexico, which has over 1 million ounces of historical gold resources. The presentation provides production and cost estimates for these projects and emphasizes the company's goal of transitioning from exploration to production across its asset portfolio to generate increasing cash flow over the next few years.
PDAC 2013 Corporate Presentation Forum for InvestorsAuRico Gold
AuRico Gold provided a corporate presentation outlining its commitment to shareholder value creation. The presentation summarized AuRico's streamlined asset base which includes the high-quality, low-cost Young-Davidson and El Chanate mines located in Canada and Mexico, respectively. AuRico also highlighted its organic growth profile at Young-Davidson, peer-leading balance sheet, and shareholder-friendly initiatives including a dividend policy. AuRico estimates 2013 gold production of 190,000-220,000 ounces at total cash costs of $575-$675 per ounce from its two core operations.
This document provides an overview and corporate presentation for Cabo Drilling Corp. Key points include:
- Cabo is a mineral drilling services company operating over 100 drill rigs across North America, Central America, and Europe.
- Revenue declined after 2008 but has increased 50% from 2010 to $43.42 million in 2011, with a target of reaching the 2008 high of $58.65 million in 2012.
- The company aims to expand its global market presence and improve operational efficiencies while maintaining a strong focus on safety and community relations.
NAP is an intermediate palladium producer with its primary asset being the Lac des Iles mine in Ontario, Canada. The presentation discusses NAP's investment case which includes commodity fundamentals that are positive for palladium with constrained supply and growing demand from the automotive sector. NAP is undertaking an expansion at LDI to transition it into a long-life, low cost mine with steady production growth to over 250,000 ounces per year. The expansion is on track and low risk due to NAP's experienced team and existing infrastructure.
The presentation provides an overview of North American Palladium's Lac des Iles mine and expansion plans. Key points include:
1) The mine is undergoing a major expansion to increase production and reduce costs by transitioning from ramp access to shaft access and increasing underground mining rates.
2) A new shaft is being sunk to 795 meters and will allow for high-volume bulk mining of 7,000 tonnes per day.
3) The expansion targets underground mining rates of 3,500 tonnes per day by Q1 2013 and 5,500 tonnes per day by Q1 2015 to significantly grow palladium production.
- The company reported record second quarter results including record gold and silver production, profit margins, operating cash flow, and silver sales at spot prices.
- Production and financial guidance for 2012 was increased, with gold equivalent production expected to be between 110,000-120,000 ounces and cash costs reduced.
- The company has a strong balance sheet with $126 million in cash and low debt. Exploration success and opportunities to optimize and expand existing mines are expected to further increase reserves and production.
Kasbah Resources is an emerging tin producer with two tin projects in Morocco. It has a 14.6 Mt resource at its Achmmach project containing 135,000 tonnes of tin. Toyota Tsusho is earning into Achmmach and will provide strategic marketing support. A pre-feasibility study on the project is underway and expected for completion in April 2012. Kasbah aims to become the next pure tin producer and has an experienced tin team advancing its projects towards development.
The document discusses Aurico Gold's commitment to shareholder value creation through its high quality, low cost asset base in North America. It focuses on streamlining operations through divesting non-core assets and producing from its two main mines, Young-Davidson and El Chanate. Aurico aims to deliver reliable, consistent performance through organic growth from these assets and a strong balance sheet.
The document provides an overview of Aurico Gold's commitment to shareholder value creation. It summarizes Aurico's high quality, low cost asset base which includes the Young-Davidson and El Chanate mines. It also discusses Aurico's organic production growth profile, strong balance sheet, and shareholder friendly initiatives such as its dividend policy. The document contains forward-looking statements and notes that actual results may differ materially from projections. It also cautions US investors regarding the use of measured, indicated and inferred resource terminology.
- Palladium prices are forecasted to reach highs of $1,000/oz due to a supply deficit as demand has historically exceeded mine supply.
- Majority of palladium demand comes from the automobile sector where light vehicle production is expected to increase 4% annually through 2016.
- Constrained mine supply is unable to match growing demand, with over 80% of global mine supply coming from high-risk jurisdictions in Russia and South Africa.
- Only 6.3 million ounces of annual palladium production worldwide, and production from major producers Russia and South Africa has remained constrained.
December 2021 - Riley Gold Corporate PresentationZhalaRahim1
Riley Gold Corp is an exploration and development company targeting gold projects in Nevada. It has two key projects - the Tokop Gold Project and the Pipeline West/Clipper Gold Project. Tokop is a 100% owned 21 sq km property located in a prolific mineral area with past drilling intercepts of high grade gold. Recent sampling at Tokop returned assays up to 19.3 gpt gold. Drilling in 2021 included intercepts of up to 9.32 gpt gold over 2.6 metres. Pipeline West is a 100% owned 24.7 sq km property strategically located near producing mines and past drilling, with potential to target large, high grade deposits at shallow depths. Exploration is ongoing at both projects.
The document discusses Newmont Mining Corporation's growth strategy and financial performance. It highlights production growth potential to around 7 million ounces of gold by 2017 through its project pipeline. It also notes exploration upside with potential to add reserves equivalent to 90 million ounces of gold over the next decade. Finally, it provides updates on various projects in its portfolio such as Akyem, Conga, and Long Canyon.
The document provides information on Newmont Mining Corporation's third quarter 2013 earnings. Key points include:
- Total injury rates continued to decline quarter-over-quarter.
- The company is focused on improving performance and strengthening its portfolio through building lower-cost, longer-life assets.
- Year-to-date consolidated spending is down $700 million compared to prior year through cost reductions.
- Third quarter gold production was higher than prior year at 1.28 million ounces, while all-in sustaining costs declined 16% to $993 per ounce.
- The company maintained its 2013 gold production outlook while lowering its capital outlook by $400 million.
Sage march 2013 investor presentation currentSagegold
Sage Gold's short term plan is to develop the existing resource at their Clavos deposit to generate cash flow through near term production. A Preliminary Economic Assessment shows a robust project with a 71% pre-tax IRR. Existing infrastructure and permits are in place to begin re-opening the Clavos mine in 2013. Sage also has a JV with St Andrew Goldfields providing access to a mill and existing underground development at the Clavos property in the prolific Timmins gold camp of Ontario. The updated NI43-101 shows indicated resources of 194,600 ounces and inferred resources of 120,000 ounces of gold at the Clavos deposit.
This document discusses North American Palladium's investment case. It notes that NAP is a growth-oriented precious metals producer with operations in mining-friendly jurisdictions. It has the Lac des Iles palladium mine, one of only two primary palladium mines in the world, and a gold division. NAP has a pipeline of projects to increase palladium and gold production and significant exploration commitments. It also has an experienced management team and a strong balance sheet with no long-term debt.
Edgewater Exploration Ltd. is a gold exploration company with projects in Spain and Ghana. The company's flagship project is the Corcoesto Gold Project in Galicia, Spain, which has shown positive economics in a preliminary economic assessment. Edgewater plans to complete an updated resource estimate and bankable feasibility study for Corcoesto in 2012 to advance project financing and permitting. The company also holds the Enchi Gold Project in Ghana where an initial resource estimate is expected in mid-2012. Edgewater is led by an experienced management team with a track record of building and operating mines. The company presents opportunities for resource growth and shareholder value through the advancement of its projects in 2012.
This presentation provides an overview of North American Palladium and its Lac des Iles palladium mine. It highlights NAP's strong balance sheet, experienced management team, and the compelling investment case for palladium given constrained mine supply and growing demand. The presentation also details the expansion underway at LDI mine, including sinking a new shaft to increase production capacity and lower costs. Once mining rates reach 5,500 tpd in 2015, annual production is projected to exceed 250,000 ounces of palladium with cash costs of around $200 per ounce.
The document discusses the company's forward-looking estimates and plans for growing gold production, reserves, and cash flow over the next few years. It estimates increasing gold production from 1.13-1.23 million ounces in 2011 to 1.5 million ounces by 2014 through projects like expanding existing mines. It also estimates growing gold reserves to 20-21 million ounces by the end of 2010 and 21-22 million ounces by the end of 2011. The company aims to be a low-cost leader with total cash costs below industry averages.
NAP is an investment opportunity in the palladium market. It owns the Lac des Iles mine, one of only two primary palladium mines globally. The mine is undergoing an expansion to increase production and reduce costs per ounce. Palladium fundamentals are strong due to constrained supply and increasing demand from the automotive sector. NAP offers production growth through the mine expansion and exploration upside on its properties.
This corporate document provides an update for March 2011. It discusses forward-looking statements and the risks associated with them. Key points include increasing gold production to 1.5 million ounces by 2014, growing gold reserves to over 22 million ounces, acquiring smaller companies, maintaining low costs, and increasing net free cash flow and dividends per share. Operating results for 2010 show growing revenue diversified across six mines, with total gold production of 987,609 ounces and total cash costs of $451 per ounce. Financial results for 2010 were record levels of earnings and cash flow driven by production growth.
This presentation provides an overview of North American Palladium's Lac des Iles mine and expansion plans. Key points include:
1) The Lac des Iles mine is a world-class palladium asset located in Ontario, Canada and is one of only two primary palladium mines globally.
2) The mine is undergoing a major expansion to increase production and lower costs through sinking a new shaft to allow for higher underground mining rates of up to 5,500 tonnes per day.
3) The expansion is on track and expected to significantly grow palladium production to 150,000-160,000 ounces in 2012 and beyond as underground mining rates ramp up over the next few years.
NAP's Lac des Iles mine in Ontario, Canada is one of only two primary palladium mines in the world. The presentation discusses expanding production at LDI through mine expansion projects which offer production growth and decreasing cash costs. It also notes significant development and exploration upside at LDI and other properties to complement existing mill capacity and infrastructure. Management is experienced and aims to reduce risks through projects at LDI, which has been producing palladium for 20 years.
This presentation by a mining company provides an overview of its operations and growth prospects. It discusses the company's producing Summit Gold-Silver Mine in New Mexico, as well as its plans to acquire the Mogollon Gold-Silver project, which could potentially double its gold and silver resources. It also outlines the Ortiz Gold Project in New Mexico, which has over 1 million ounces of historical gold resources. The presentation provides production and cost estimates for these projects and emphasizes the company's goal of transitioning from exploration to production across its asset portfolio to generate increasing cash flow over the next few years.
PDAC 2013 Corporate Presentation Forum for InvestorsAuRico Gold
AuRico Gold provided a corporate presentation outlining its commitment to shareholder value creation. The presentation summarized AuRico's streamlined asset base which includes the high-quality, low-cost Young-Davidson and El Chanate mines located in Canada and Mexico, respectively. AuRico also highlighted its organic growth profile at Young-Davidson, peer-leading balance sheet, and shareholder-friendly initiatives including a dividend policy. AuRico estimates 2013 gold production of 190,000-220,000 ounces at total cash costs of $575-$675 per ounce from its two core operations.
This document provides an overview and corporate presentation for Cabo Drilling Corp. Key points include:
- Cabo is a mineral drilling services company operating over 100 drill rigs across North America, Central America, and Europe.
- Revenue declined after 2008 but has increased 50% from 2010 to $43.42 million in 2011, with a target of reaching the 2008 high of $58.65 million in 2012.
- The company aims to expand its global market presence and improve operational efficiencies while maintaining a strong focus on safety and community relations.
NAP is an intermediate palladium producer with its primary asset being the Lac des Iles mine in Ontario, Canada. The presentation discusses NAP's investment case which includes commodity fundamentals that are positive for palladium with constrained supply and growing demand from the automotive sector. NAP is undertaking an expansion at LDI to transition it into a long-life, low cost mine with steady production growth to over 250,000 ounces per year. The expansion is on track and low risk due to NAP's experienced team and existing infrastructure.
The presentation provides an overview of North American Palladium's Lac des Iles mine and expansion plans. Key points include:
1) The mine is undergoing a major expansion to increase production and reduce costs by transitioning from ramp access to shaft access and increasing underground mining rates.
2) A new shaft is being sunk to 795 meters and will allow for high-volume bulk mining of 7,000 tonnes per day.
3) The expansion targets underground mining rates of 3,500 tonnes per day by Q1 2013 and 5,500 tonnes per day by Q1 2015 to significantly grow palladium production.
- The company reported record second quarter results including record gold and silver production, profit margins, operating cash flow, and silver sales at spot prices.
- Production and financial guidance for 2012 was increased, with gold equivalent production expected to be between 110,000-120,000 ounces and cash costs reduced.
- The company has a strong balance sheet with $126 million in cash and low debt. Exploration success and opportunities to optimize and expand existing mines are expected to further increase reserves and production.
Kasbah Resources is an emerging tin producer with two tin projects in Morocco. It has a 14.6 Mt resource at its Achmmach project containing 135,000 tonnes of tin. Toyota Tsusho is earning into Achmmach and will provide strategic marketing support. A pre-feasibility study on the project is underway and expected for completion in April 2012. Kasbah aims to become the next pure tin producer and has an experienced tin team advancing its projects towards development.
The document discusses Aurico Gold's commitment to shareholder value creation through its high quality, low cost asset base in North America. It focuses on streamlining operations through divesting non-core assets and producing from its two main mines, Young-Davidson and El Chanate. Aurico aims to deliver reliable, consistent performance through organic growth from these assets and a strong balance sheet.
The document provides an overview of Aurico Gold's commitment to shareholder value creation. It summarizes Aurico's high quality, low cost asset base which includes the Young-Davidson and El Chanate mines. It also discusses Aurico's organic production growth profile, strong balance sheet, and shareholder friendly initiatives such as its dividend policy. The document contains forward-looking statements and notes that actual results may differ materially from projections. It also cautions US investors regarding the use of measured, indicated and inferred resource terminology.
- Palladium prices are forecasted to reach highs of $1,000/oz due to a supply deficit as demand has historically exceeded mine supply.
- Majority of palladium demand comes from the automobile sector where light vehicle production is expected to increase 4% annually through 2016.
- Constrained mine supply is unable to match growing demand, with over 80% of global mine supply coming from high-risk jurisdictions in Russia and South Africa.
- Only 6.3 million ounces of annual palladium production worldwide, and production from major producers Russia and South Africa has remained constrained.
December 2021 - Riley Gold Corporate PresentationZhalaRahim1
Riley Gold Corp is an exploration and development company targeting gold projects in Nevada. It has two key projects - the Tokop Gold Project and the Pipeline West/Clipper Gold Project. Tokop is a 100% owned 21 sq km property located in a prolific mineral area with past drilling intercepts of high grade gold. Recent sampling at Tokop returned assays up to 19.3 gpt gold. Drilling in 2021 included intercepts of up to 9.32 gpt gold over 2.6 metres. Pipeline West is a 100% owned 24.7 sq km property strategically located near producing mines and past drilling, with potential to target large, high grade deposits at shallow depths. Exploration is ongoing at both projects.
The document discusses Newmont Mining Corporation's growth strategy and financial performance. It highlights production growth potential to around 7 million ounces of gold by 2017 through its project pipeline. It also notes exploration upside with potential to add reserves equivalent to 90 million ounces of gold over the next decade. Finally, it provides updates on various projects in its portfolio such as Akyem, Conga, and Long Canyon.
The document provides information on Newmont Mining Corporation's third quarter 2013 earnings. Key points include:
- Total injury rates continued to decline quarter-over-quarter.
- The company is focused on improving performance and strengthening its portfolio through building lower-cost, longer-life assets.
- Year-to-date consolidated spending is down $700 million compared to prior year through cost reductions.
- Third quarter gold production was higher than prior year at 1.28 million ounces, while all-in sustaining costs declined 16% to $993 per ounce.
- The company maintained its 2013 gold production outlook while lowering its capital outlook by $400 million.
The document discusses Newmont Mining Corporation's presentation at the Barclays Americas Mining & Materials Conference on March 20-21, 2013. It includes cautionary statements regarding forward-looking statements and estimates of resources. Newmont highlights its strategic priorities of strong free cash flow growth, leverage to gold prices, returning capital to shareholders, total cost management, and maximizing asset value. Newmont also discusses its record reduction in injury rates in 2012, profitable production growth prospects, capital discipline, and focus on reducing total costs.
This document contains a presentation from Newmont Mining Corporation's Senior Vice President for Africa Operations given at the African Mining INDABA conference in February 2013. The presentation discusses Newmont's operations and growth opportunities in Africa, including startup of the Akyem mine in late 2013 and an expansion at the Ahafo mine with potential to increase production by 150-200koz of gold annually. It also summarizes Newmont's commitment to health, safety, and returning capital to shareholders.
- Newmont Mining Corporation's President and CEO Richard O'Brien presented at the Bank of Montreal Metals and Mining Conference on February 27, 2012.
- In his presentation, O'Brien highlighted Newmont's growth potential through projects in the pipeline that could increase gold production by 35% to around 7 million ounces by 2017. He also noted potential to double copper production over the same period.
- O'Brien emphasized Newmont's strong financial position and competitive project returns across its portfolio.
John Gottwald Assistant: John Gottwald Assistant: John Gottwald Assistant: John Gottwald
Newmont Mining Corporation | Annual Investor Day Meeting, New York City | www.newmont.com 16 May 23, 2012
Cost Efficiencies and Capital Sequencing
2012 Cost Outlook and Reduction Opportunities
Exploration: $360 - $400M
- Focus on highest potential projects
- Reduce generative exploration
- Increase joint ventures
Capital Expenditures: $3.0 - $3.3B
- Defer lower return projects
- Reduce Conga spending
- Increase capital efficiency
CAS: $3.6B
- Rest
This document contains forward-looking statements regarding Newmont Mining Corporation's estimates, expectations, and assumptions around future production, costs, capital expenditures, projects, and financial performance. It cautions that actual results could differ materially from expectations due to risks and assumptions that may not prove to be correct around permitting, development, operations, commodity prices, exchange rates, and other factors. The document outlines Newmont's strategy to improve the underlying business through ongoing cost reductions, strengthen its portfolio through investments in projects like Merian and Long Canyon Phase 1, and create shareholder value through strong free cash flow and returns.
The document provides cautionary statements regarding Newmont Mining Corporation's preliminary 2011 operating results and forward-looking statements. It notes that actual reported fourth quarter and full year 2011 results are subject to final review and audit and may differ from expectations. It also lists various risks, uncertainties and assumptions that could cause actual future results to differ materially from expectations. The document then outlines Newmont's preliminary 2011 operating results and 2012 production and cost outlook.
The document provides an overview of Newmont Mining Corporation's presentation at the CIBC 17th Annual Whistler Institutional Investor Conference on January 24, 2014. It begins with cautionary statements regarding forward-looking statements and assumptions. The presentation then discusses Newmont's investment thesis, highlighting its portfolio of assets in low-risk jurisdictions and focus on highest-return opportunities. Newmont also reviews its safety record, cost reduction efforts, and growth strategy across its regions in North America, South America, Africa, Australia, Indonesia, and consolidation spending.
The document provides an overview of Newmont Mining Corporation's African Mining INDABA 2012 conference presentation. It discusses Newmont's growth plans in Africa through 2017, including expanding gold production at its Ahafo and Akyem mines in Ghana. Newmont reports preliminary 2011 results for Ahafo that exceeded its 2010 production and costs. Construction is underway at Akyem, with production expected to begin between 2013-2014 at an annual rate of 350,000-450,000 ounces of gold at a cash cost of $450-550 per ounce.
Newmont provided a cautionary statement regarding forward-looking statements in its Q2 2015 earnings presentation. The statement outlined various assumptions that could cause actual results to differ from expectations, including assumptions about geotechnical and metallurgical conditions, permitting and development of operations, political and operational risks, exchange rates, commodity prices, and the accuracy of mineral reserve and resource estimates. The statement also noted risks including commodity price volatility, currency fluctuations, production cost variances, political and community relations issues, and changes to governmental regulations.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference on May 14, 2013. In his presentation, he discussed Newmont's focus on operational efficiency, cost improvements, profitable production growth, and maintaining a strong balance sheet. For 2013, Newmont expects attributable gold production of 4.8-5.1 million ounces and copper production of 150-170 million pounds. Goldberg also provided regional updates on Newmont's operations and projects in North America, South America, Australia/New Zealand, Africa, and Indonesia.
Gary Goldberg Assistant: Grigore Simon Assistant: Grigore Simon Assistant: Grigore Simon
Newmont Mining Corporation | Annual Investor Day Meeting, New York City | www.newmont.com 16 May 23, 2012
Balance Sheet Strength
Strong Balance Sheet Provides Financial Flexibility to Support Growth
Investment grade balance sheet with $2.5B of liquidity at March 31, 2012
Net debt to capitalization of ~15% provides significant capacity for growth
No significant debt maturities until 2023
Strong operating cash flows support growth and returns to shareholders
Continued focus on discipl
The document provides an overview of Newmont Mining Corporation's African Mining INDABA 2012 conference presentation. It discusses Newmont's strong operating performance in 2011, growth potential through projects in its pipeline to increase gold and copper production by 2017, and exploration upside to add over 90 million ounces of gold and 9 billion pounds of copper reserves over the next decade. The presentation also provides Newmont's outlook for 2012, including expected gold and copper production and costs, and its commitment to returning capital to shareholders through a gold price-linked dividend.
Newmont Mining Corporation reported its Q1 2016 results. Key highlights included:
- Gold production of 1.2 million ounces, up 4% from the prior year quarter.
- AISC of $828 per ounce and 2016 outlook lowered by $20 per ounce.
- Adjusted EBITDA of $803 million on strong operating performance.
- Free cash flow of $227 million while continuing to self-fund profitable growth projects.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 29, 2016. The presentation included forward-looking statements and cautioned that actual results could differ materially from expectations. It provided an overview of Newmont's strategy to improve the underlying business, strengthen its portfolio, and create shareholder value. Key highlights included ongoing cost and efficiency improvements, a focus on projects with long mine lives and lower costs, and strong financial and operating performance.
The document summarizes Richard O'Brien's presentation at the 2012 Denver Gold Forum on September 11, 2012. It outlines Newmont Mining Corporation's strategy to achieve profitable growth through 6-7 million ounces of annual gold production by 2017 while maintaining disciplined returns. It also highlights Newmont's exploration potential of 90 million ounces of gold reserves and 9 billion pounds of copper reserves by 2020. Additionally, the summary discusses Newmont's strong balance sheet, investment grade credit ratings, and commitment to returning capital to shareholders through an industry-leading dividend now tied to the trailing average gold price.
Newmont Mining Corporation reported first quarter 2013 earnings. Adjusted net income was $354 million, down from $578 million in the first quarter of 2012 due to lower gold production and prices. Gold production of 1.3 million ounces was on track to meet full-year guidance of 4.8-5.1 million ounces. Capital spending was down 31% from the prior year to $96 million, reflecting Newmont's focus on capital discipline. The company had $2.8 billion in cash and an unused $2.5 billion credit facility, maintaining a strong balance sheet.
The document provides an overview and outlook for Newmont Mining Corporation for 2014-2016. It summarizes that Newmont will see stable gold production recovering in 2015-2016 through higher grades in North America and steady production in other regions. Copper production is expected to increase at the Batu Hijau mine in Indonesia. All-in sustaining costs are projected to remain stable over the three years. Total capital spending is forecasted to decline approximately 30% from 2014 levels. Newmont will focus on disciplined capital allocation to improve its financial flexibility and portfolio through projects like Merian and Long Canyon.
This document provides a summary of Newmont Mining Corporation's presentation at the 2012 Diggers & Dealers Conference. The presentation discusses Newmont's strategy of achieving profitable growth through disciplined returns and exploration potential. Specifically, the presentation outlines Newmont's goal of producing between 6 to 7 million ounces of gold annually by 2017 through projects in their pipeline. It also emphasizes Newmont's strong balance sheet and commitment to returning capital to shareholders. The document contains cautionary statements regarding the use of forward-looking estimates and assumptions.
Agnico-Eagle Mines Limited reported strong second quarter 2012 results, with record quarterly gold production from currently operating mines of 265,350 ounces at total cash costs of $660 per ounce. Cash provided by operating activities was a record $194 million for the quarter. Production guidance for 2012 was increased to approximately 975,000 ounces of gold. The company has a portfolio of quality, long-life mines that continue to perform well and provide low-risk production growth from existing assets. Significant exploration upside and reserve growth have been demonstrated at the company's 100%-owned assets.
- Richard O'Brien, CEO of Newmont Mining Corporation, presented at the 2012 Denver Gold Forum on September 11, 2012
- The presentation outlined Newmont's strategy of maintaining a stable operating portfolio focused on profitable growth, reducing total costs, and maintaining leading dividends
- Key highlights included profitable gold production potential of 6-7Moz by 2017, exploration potential to add 90Moz of gold reserves and 9Blbs of copper reserves by 2020, and a commitment to returning capital to shareholders
Agnico-Eagle Mines reported record quarterly gold production from its currently operating mines of 254,955 ounces in Q1 2012, a 19% increase over Q1 2011. Total cash costs were $594 per ounce. Net income was $79 million, up 74% year-over-year. Cash provided by operating activities was $196 million. Production is expected to grow further from existing long-life assets through exploration and mine plan optimization. The company aims to continue generating strong cash flows to fund growth and maintain its dividend.
Agnico-Eagle Mines Limited reported its third quarter 2012 results in October 2012. The company achieved record quarterly gold production of 286,971 ounces at total cash costs of $556 per ounce. Cash flow from operations was also a record at $199 million for the quarter. Agnico increased its 2012 gold production guidance to approximately 1,025,000 ounces and lowered its total cash cost guidance to approximately $660 per ounce. The company's portfolio of long-life mines continued to perform well, and it expects low political risk and meaningful production growth from existing assets.
National Bank Financial London Gold Conference Corporate PresentationDetourGold
- Detour Gold Corporation aims to become Canada's next intermediate gold producer through its Detour Lake Project in Ontario.
- Detour Lake is an open pit mine with proven and probable reserves of 15.6 million ounces of gold and an estimated mine life of over 20 years. Commercial production is expected to begin in Q1 2013.
- The presentation provides details on Detour Gold's vision, share structure, project timeline and achievements, operating costs, production plan, and opportunities for organic growth through exploration of additional targets on its large land package near Detour Lake.
Russell Ball, EVP and CFO of Newmont Mining Corporation, presented at the CIBC Institutional Investor Conference on January 23, 2013. Newmont's 2013 outlook reflects stable production from its portfolio, with contribution expected from the Akyem mine in late 2013. Newmont is focused on total cost management and returning capital to shareholders through its gold price-linked dividend, currently yielding approximately 3.8%. Newmont aims to create leverage through reducing its all-in sustaining costs, which are expected to be $1,100-$1,200 per ounce in 2013.
Goldcorp provides a corporate update and guidance for 2010. The company achieved strong earnings and cash flow growth from 2007 to 2009 and expects production to increase to 2.6 million ounces in 2010. Goldcorp has a robust pipeline of projects, with its Peñasquito mine in Mexico being one of the largest new gold mines in the world. The company maintains a strong balance sheet and low-cost production profile. Goldcorp's priorities for 2010 include achieving production at Peñasquito and advancing its pipeline of projects.
This document provides information from Agnico-Eagle Mines Limited's shareholder meeting on April 30, 2009. It summarizes the company's operating results for the first quarter of 2009, highlighting record quarterly gold production of 91,812 ounces and total cash costs per ounce of $312. The document also emphasizes Agnico-Eagle's consistent strategy of growing gold reserves and production while maintaining low production costs to create shareholder value.
Agnico-Eagle Mines Limited provided a corporate update presentation in March 2010. The presentation discussed Agnico-Eagle's strategy of increasing gold production through internal expansions, growing gold reserves, acquiring early stage projects, maintaining low costs, and solid financial positioning. It also provided an operations update on improved performance in Q4 2009 at all mines, rising production and earnings, a strong financial position, and industry leading gold production growth estimates through potential internal expansions.
This document provides Richard O'Brien's presentation at the Bank of Montreal Metals and Mining Conference on February 27, 2012. The presentation highlights Newmont Mining Corporation's growth potential through 2017, competitive project returns, and exploration upside. It discusses Newmont's record 2011 financial results, leadership in key metrics like reserves and production per share, and outlook for 2012 of attributing gold production of 5.0-5.2 million ounces and copper production of 150-170 million pounds.
Claude Resources Inc. is a Canadian gold mining company that has increased its reserve and resource base through successful exploration over the past four years. It operates the Seabee Gold Operation in Saskatchewan and is developing the Amisk and Madsen projects. It plans to increase exploration spending and production at Seabee through mine expansions. Investing in Claude offers exposure to a growing Canadian gold producer with a track record of reserve growth and potential to increase output.
This document contains cautionary statements regarding forward-looking statements in Gary Goldberg's presentation at the Bank of Montreal Metals and Mining Conference on February 25, 2013. It warns that actual results could differ materially from projections due to risks and uncertainties. It also notes that estimates of resources are subject to further exploration and development and are not guarantees that minerals can be economically extracted. The document outlines Newmont's priorities of strong free cash flow growth, leverage to gold prices, returning capital to shareholders, total cost management, and maximizing asset value.
This document contains cautionary statements regarding forward-looking statements in Gary Goldberg's presentation at the Bank of Montreal Metals and Mining Conference on February 25, 2013. It warns that actual results could differ materially from projections due to risks and uncertainties. It also notes that estimates of resources are subject to further exploration and development and are not guarantees that minerals can be economically extracted. The document outlines Newmont's priorities of strong free cash flow growth, leverage to gold prices, returning capital to shareholders, total cost management, and maximizing asset value.
Agnico-Eagle Mines reported record annual gold production of 1,043,811 ounces in 2012 at a total cash cost of $640 per ounce. Cash flows from operations reached a record $696 million. Production is expected to increase to approximately 990,000 ounces in 2013 and reach over 1.2 million ounces by 2015 through contributions from new projects. Capital expenditures will be focused on expanding the Kittila mine and advancing new projects.
The document is Newmont Mining Corporation's 2008 annual report. It discusses the company's strategic priorities over the past 18 months, including enhancing safe and profitable operating performance, successfully completing 3 major development projects while improving capital efficiency, and building a sustainable and profitable asset portfolio through exploration, development and acquisitions. It provides details on the company's performance in 2008 at its sites in Nevada, Peru, Australia and Ghana, and emphasizes its focus on completing the Boddington project in Western Australia in mid-2009.
Richard O'Brien, President and CEO of Newmont Mining Corporation, presented at the Bank of Montreal Metals and Mining Conference on February 27, 2012. In his presentation, O'Brien highlighted Newmont's strong operating performance in 2011, growth potential through 2022, competitive project returns, and significant exploration upside. Newmont is well positioned to potentially grow attributable gold production by 35% to around 7 million ounces by 2022 through projects in its pipeline. The company also has potential to double copper production over this period.
Detour Gold Corporation is Canada's next intermediate gold producer. It owns the Detour Lake open pit mine in northern Ontario, which began gold processing in January 2013. Detour Lake has 15.6 million ounces of gold reserves and is expected to have an average annual production of 657,000 ounces over its 21.5 year mine life. Detour Gold plans to focus on organic growth by exploring its large land position around Detour Lake to expand resources and reserves.
Newmont reported its fourth quarter and full year 2012 earnings. It cautioned that the presentation contains forward-looking statements subject to risks and uncertainties. Safety is a core value, with the goal of zero harm, and the fourth quarter saw the lowest total recordable injury frequency rate below the industry threshold of 0.5. Newmont is focused on reducing costs and improving margins while returning capital to shareholders through a gold price-linked dividend, currently yielding around 4%. Production came from globally diversified operations across North America, South America, Australia/New Zealand, and Africa.
Agnico Eagle Mines Limited provided a corporate update in January 2013. The update discussed Agnico Eagle's strong financial and operating performance in 2012, including record gold production and improved costs. Plans for growth in 2013 include commercial production at the La India and Goldex projects by mid-2014. Exploration success was noted at La India, Tarachi and Kittila, with drilling continuing to expand mineralized zones at these properties.
- The document is a research note from Roth Capital Partners that maintains a "Buy" rating and CAD $6.25 price target for New Pacific Metals Corp. (NUAG.V).
- The final 37 drill holes from NUAG's 2019 drill campaign showed higher average silver grades of 128.8 g/t compared to historical averages.
- Roth believes the next major catalyst will be an initial silver resource estimate from NUAG in late Q1 or early Q2 2020 that is estimated to be 250 million ounces.
- Given upcoming catalysts that could positively impact the stock price, Roth is maintaining its "Buy" rating and price target despite NUAG being in the early development stage.
Similar to Dahlman Rose Global Metals Mining and Materials Conference (20)
This document provides an investor presentation for Newmont Mining Corporation from August 2018. It contains forward-looking statements regarding estimates of future production, costs, capital expenditures, and other metrics. It summarizes Newmont's strategy of investing in profitable projects across economic cycles to create long-term value. Examples provided include the Merian mine in Suriname, the Long Canyon expansion in Nevada, and the Tanami expansion in Australia. The presentation also highlights Newmont's industry-leading reserve base and long-term production profile from existing and future projects.
Newmont Mining Corporation reported its Q2 2018 earnings. Some key points:
- Gold production was in line with guidance at 1.2 million ounces. All-in sustaining costs were $1,024 per ounce.
- Safety performance is improving through applying lessons learned from recent accidents.
- Two projects, Twin Underground and Northwest Exodus, were delivered on time and under budget.
- An agreement was reached to evaluate the world-class Galore Creek copper-gold asset through a partnership with Teck.
- Costs and capital expenditures remain on track with full-year guidance.
Newmont Mining Corporation held an ESG briefing on May 22, 2018 to discuss their approach to sustainability. The briefing covered Newmont's environmental, social, and governance performance and strategies. Newmont's sustainability efforts are focused on minimizing risks and creating long-term value. Their sustainability framework and robust management systems aim to drive accountability and continuous improvement across their global portfolio.
- The document is a presentation from Gary Goldberg, President and CEO of Newmont Mining Corporation, at the BAML Global Metals & Mining Conference in May 2018.
- It discusses Newmont's strategy of focusing on sustainable value creation through its global portfolio of long-life assets and project pipeline, with improvements including new lower cost mines and profitable expansions.
- Newmont highlights its leading sustainability performance and top quartile total shareholder returns since 2014.
The document is an investor presentation from Newmont Mining Corporation that provides an overview of the company's operations and projects. It summarizes Newmont's track record of improving operational execution and reducing costs. It outlines a portfolio of projects expected to sustain profitable production over the next several years. These include expansions and new mines across North America, Australia, Africa, and South America. The presentation provides production and cost guidance for 2018-2022 and demonstrates Newmont's pipeline of long-term projects beyond the next 5 years.
- Newmont Mining Corporation reported its Q1 2018 earnings on April 26, 2018.
- The company reported adjusted EBITDA of $644 million, up 12% from the prior year quarter, and adjusted net income of $0.35 per diluted share.
- Production was in line with guidance at 1.2 million ounces of gold, and AISC was $973 per ounce, also in line with guidance.
This document provides an investor presentation for Newmont Mining Corporation from March 2018. It includes cautionary statements regarding forward-looking statements. The presentation summarizes Newmont's steady trajectory of improved financial and operational performance from 2013 to 2017. It highlights projects in the pipeline expected to sustain profitable production through 2024. The presentation also discusses Newmont's industry-leading reserve base, balanced capital priorities of growth, debt reduction and returning cash to shareholders, and leadership in profitability and responsibility.
This document is an investor presentation from Newmont Mining Corporation given at a BMO Metals & Mining Conference in February 2018. It summarizes Newmont's financial and operating performance in recent years, current projects and growth plans, and strategy for delivering long-term value to shareholders through profitable production, an industry-leading project pipeline, and returning cash to shareholders.
This document is an investor presentation from Newmont Mining Corporation given at a BMO Metals & Mining Conference in February 2018. It summarizes Newmont's financial and operating performance in recent years, current projects and growth plans, and strategy for delivering long-term value to shareholders through profitable production, an industry-leading project pipeline, and returning cash to shareholders.
This document contains the highlights from Newmont Mining Corporation's full year and Q4 2017 earnings report. Some key points:
- Newmont achieved strong operational and financial performance in 2017, with 8% higher gold production of 5.3 million ounces and $1.5 billion in free cash flow, an 88% increase over 2016.
- The company invested in five expansion projects to extend production and replaced mining depletion by adding 6.4 million ounces of gold reserves and 7.9 million ounces of resources.
- Guidance for 2018 forecasts gold production of 4.9-5.4 million ounces at an all-in sustaining cost of $965-1,025 per ounce and total capital spending
This investor presentation provides an overview of Newmont Mining Corporation and its strategy for long-term value creation. Key points include:
- Newmont has a proven strategy of improving operations, strengthening its global portfolio of long-life assets, and delivering superior returns to shareholders.
- The company has significantly reduced costs while increasing production and reserves through operational improvements and profitable expansion projects.
- Newmont has an industry-leading project pipeline expected to provide stable production for over a decade and generate significant free cash flow.
- The company maintains a strong balance sheet, stable production profile, and pays a sustainable dividend, while continuing to invest in growth.
The document summarizes Newmont Mining Corporation's 2017 Investor Day that took place on December 6, 2017. It includes an agenda for the day-long event covering Newmont's business, technical, operational and exploration outlooks. Presentations were given on safety, Newmont's strategy and performance, the gold market outlook, and financial projections. The document provides an overview of Newmont's global portfolio of long-life assets and projects as well as charts on production, cost, capital and reserve metrics through 2022. It emphasizes Newmont's focus on operational excellence, profitable growth from its project pipeline, and leadership in sustainability and value creation.
This document is an investor presentation from Newmont Mining Corporation from November 2017. It summarizes Newmont's strategy to improve its underlying business through superior operational execution, strengthen its portfolio of global assets, and sustain a portfolio of long-life mines. Key points include Newmont leading the sector in safety and sustainability performance, having a global portfolio of long-life assets across four continents, and investing in profitable growth projects across its portfolio to extend mine lives and production.
- Newmont Mining Corporation reported its Q3 2017 earnings. Key highlights included strong operational execution, leading safety performance, and top sustainability ratings.
- AISC for Q3 was $943/oz due to strong performance in Africa, Australia, and North America. Attributable gold production for Q3 was 1.3 million ounces, up 7% from the prior year.
- The company is progressing long-life assets globally and longer-term growth projects in Canada, Australia, and French Guiana to sustain production and extend mine lives.
This document provides an overview of Newmont Mining Corporation's Nevada site tour in September 2017. It begins with a cautionary statement regarding forward-looking statements. The summary then discusses Newmont's strategic focus on improving safety and sustainability performance, strengthening its portfolio through projects like Long Canyon and Twin Creeks, and using its Full Potential program to drive cost improvements across its Nevada assets. An asset management discussion and demonstration of centralized health monitoring follows. The document provides background on regional leadership and concludes with information on local site leadership at Long Canyon.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It provided details on Newmont's projects and growth pipeline, industry-leading reserves, and financial flexibility to fund growth and return cash to shareholders.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the Denver Gold Forum in September 2017. The presentation covered Newmont's strategy of improving its underlying business through superior operational execution, strengthening its global portfolio of long-life assets, and creating value for shareholders by leading the sector in profitability and responsibility. It highlighted Newmont's industry-leading safety and cost improvement performance, profitable growth projects, top-tier reserves, and financial flexibility.
This document provides an overview of Newmont Mining Corporation's Nevada site tour in September 2017. It begins with a cautionary statement regarding forward-looking statements. The summary then discusses Newmont's strategic focus on improving safety and sustainability performance, strengthening its portfolio through projects like Long Canyon and Twin Creeks, and using its Full Potential program to drive cost improvements across its Nevada operations. An asset management discussion and demonstration of centralized health monitoring follows. The document provides background on regional leadership and concludes with information on site-specific leadership at Long Canyon.
The document is an investor presentation from Newmont Mining Corporation dated September 2017. It provides an overview of Newmont's operations, projects, growth opportunities and key metrics. Newmont has a geographically diverse portfolio of gold mines in North America, South America, Africa and Australia. It is investing in profitable growth projects across its portfolio to sustain steady long-term production while maintaining cost and capital discipline. Newmont also has a leading project pipeline and track record of bringing projects into production.
This document provides a cautionary statement regarding forward-looking statements in an investor presentation by Newmont Mining Corporation. It notes that estimates and expectations in the presentation are based on assumptions that may prove to be incorrect. It also lists potential risks to the forward-looking statements including changes in geotechnical or other conditions, permitting and development issues, political risks, commodity price volatility, and other operational risks. The company does not undertake to publicly revise or update forward-looking statements except as required by law.
Dahlman Rose Global Metals Mining and Materials Conference
1. Dahlman Rose & Co.
Global Metals, Mining and Materials Conference
John Seaberg: Vice President, Investor Relations
November 14, 2012
2. Cautionary Statement
Cautionary Statement Regarding Forward Looking Statements, Including 2012 Outlook:
This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended, which are intended to be covered by the safe harbor created by those sections and other applicable laws. Those forward-looking statements include (without limitation) estimates
and expectations of, and statements regarding: (i) the Company’s strategy and plans, including without limitation re-sequencing of our portfolio, optimization of current operations, overhead
cost reductions and outlook; (ii) future equity gold and equity copper production; (iii) future operating, sales and other costs; (iv) future capital expenditures; (v) project returns; (vi) project start
dates, ramp up, life, pipeline timelines, including commencement of mining, drilling and stage gate advancement and expansion opportunities; (vii) potential ounces or tons of reserves, NRM
and potential resources; (viii) exploration pipeline, potential or upside, opportunities, growth and growth potential; (ix) dividend payments and increases; (x) future liquidity, cash and balance
sheet expectations; and (xi) other financial outlook indicators relation to the Company’s operations and projects. Those forward-looking statements include (without limitation) statements that
use forward-looking terminology such as “may”, “will”, “expect”, “predict”, “anticipate”, “believe”, “continue”, “potential”, “target”, “goal”, “opportunity”, “outlook”, or the negative or other variations
of those terms or comparable terminology. Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect. Those assumptions
include (without limitation): (i) there being no significant change to current geotechnical, metallurgical, hydrological and other physical conditions; (ii) permitting, development, operations and
expansion of the Company’s projects being consistent with current expectations and mine plans; (iii) political, social and legal developments in any jurisdiction in which the Company conducts
business being consistent with its current expectations; (iv) certain exchange rate assumptions for the Australian dollar to the U.S. dollar, as well as the other exchange rates being
approximately consistent with current levels; (v) certain price assumptions for gold, copper and oil; (vi) prices for key supplies being approximately consistent with current levels and such
supplies otherwise being available on bases consistent with the Company’s current expectations; and (vii) the accuracy of our current mineral reserve and mineral resource estimates and
exploration information. Where the Company expresses or implies an expectation or belief as to future events or results, that expectation or belief is expressed in good faith and is believed to
have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results
expressed, projected or implied by the “forward-looking statements”. Those risks, uncertainties and other factors include (without limitation): (i) gold and other metals price volatility; (ii) currency
fluctuations; (iii) increased capital and operating costs, and scarcity of and competition for required labor and supplies; (iv) variances in oregrade or recovery rates from those assumed in
mining plans; (v) operating or technical difficulties; (vi) political and operational risks; (vii) community relations, conflict resolution and outcome of projects or oppositions; and (viii) governmental
regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s 2011 Annual Report on Form 10-K, filed on February 24, 2012, with the
Securities and Exchange Commission (“SEC”), as well as the Company’s other SEC filings. These forward-looking statements are not guarantees of future performance, given that they involve
risks and uncertainties. The Company does not undertake any obligation to release publicly revisions to any forward-looking statement except as may be required under applicable securities
laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking
statements is at investors' own risk. In addition, some of the statements in this presentation are based on assumptions or methodologies (such as commodity prices) or subject to cautionary
statements that are discussed in the notes found at the end of this presentation.
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 2 November 14, 2012
3. Delivering on Our Promise
Maintaining a Stable, Profitable Operating Portfolio with Profitable Growth
Potential
Outlook Highlights (as of 11/1/12)1
Attributable Gold Production (Moz) 5.0 – 5.1
Consolidated Gold CAS ($/oz) $650 – $675
Attributable Copper Production (Mlbs) 145 – 165
Consolidated Copper CAS ($/lb) $2.20 – $2.35
Attributable Capital Expenditures ($M) $2,700 – $3,000
North America ~40%
Q3 Gold Production 508 Koz @ $655/oz Africa ~11%
2012 Outlook1 1,980-2,010 Koz @ $610-$645/oz
Q3 Gold Production 131 Koz @ $561/oz
2012 Outlook1 555-570 Koz @ $560-$590/oz
South America ~16%
Q3 Gold Production 196 Koz @ $520/oz APAC ~33%
2012 Outlook1 730-750 Koz @ $485-$515/oz Q3 Gold Production 402 Koz @ $937/oz
Q3 Copper Production 35 Mlbs @ $2.38/lb
2012 Outlook1 1,690-1,750 Koz @ $870-$900/oz
and 145-165 Mlbs @ $2.20-$2.35/lb
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 3 November 14, 2012
4. Q3 2012 Operational Performance
1.24Moz at CAS of $693/oz
Q3 2011 Attributable Gold Production Q3 2012 Attributable Gold Production
Africa Africa
146 Koz 131 Koz
N. America
N. America
480 Koz
1.31Moz APAC 508 Koz 1.24Moz
APAC 402 Koz
492 Koz
S. America S. America
188 Koz 196 Koz
Consolidated
N. America S. America APAC Africa Consolidated
Gold CAS ($/oz)
Q3 2011 $633 $610 $652 $501 $622
Q3 2012 $655 $520 $937 $561 $693
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 4 November 14, 2012
5. Protecting Our Margins
Improved Cost Control; Focus on Efficiencies in Operations, Projects, G&A
Total Costs of Production2
~$1200/oz
G&A
Re-sequencing our Portfolio; Only Progressing Projects with
Exploration
Acceptable Returns
Adv. Projects & R&D
Optimizing Current Operations
Sustaining Capital
Expenditures
~$100M Overhead Cost Reduction for 2012; Additional
Reductions Under Evaluation
60% Senior Gold3
52%
Newmont
Total Shareholder Returns
50%
39%
40%
30%
22%
20% 14%
CAS 10%
0%
3 Yr 5 Yr
Consistency in Operations Delivers Leading Total
2012 Guidance ($/oz) Shareholder Returns3
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 5 November 14, 2012
6. Delivering Shareholder Value
A Leader on Per Share Metrics
Gold Reserves per Thousand Shares Attributable Gold Production per Share
250 12.0
2011 2010 2009 2011 2010 2009
200 10.0
8.0
150
6.0
100
4.0
50
2.0
0 0.0
NEM ABX AEM GG KGC IMG NEM ABX AEM GG KGC IMG
Consolidated Free Cash Flow Per Share Dividends Paid per Share
$5.00
2011 2010 2009 $1.20
$4.00 2011 2010 2009
$3.00 $1.00
$2.00
$1.00 $0.80
$0.00
$0.60
-$1.00
-$2.00
$0.40
-$3.00
-$4.00
$0.20
-$5.00
-$6.00 $0.00
NEM ABX AEM GG KGC IMG NEM ABX AEM GG KGC IMG
Basic Shares Outstanding as of 12/31/11 in millions: NEM 494, ABX 999, AEM 169, GG 804, KGC 1136, IMG 376
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 6 November 14, 2012
7. Committed to Delivering Shareholder Value
A Leader with the Gold Price-Linked Dividend4
$4.70
Dividend Dividend Dividend increases / $4.30
increases / increases / decreases
decreases by decreases by by $0.40/share for $3.90
$0.20/share for $0.30/share for every $100/oz
every $100/oz every $100/oz change in the gold $3.50
change in the change in the gold price
gold price price $3.10
Q3 average London P.M.
Gold Fix of $1,652, our
Annualized Dividend per Share ($)
$2.70
Quarterly Dividend payout
$2.30 was $0.35 per share;
$2.00
equates to
~ 3% dividend yield for our
$1.70
shareholders
$1.40
$1.20
$1.00
80
300 $1,400 $1,500 $1,600 $1,700 $1,800 $1,900 $2,000- $2,100- $2,200- $2,300- $2,400- $2,500
399 -$1,499 -$1,599 -$1,699 -$1,799 -$1,899 -$1,999 $2,099 $2,199 $2,299 $2,399 $2,499 -$2,599
Average London P.M. Fix ($/oz)
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 7 November 14, 2012
8. North America
Consistent Operating Portfolio
~50 Years of Production and Going Strong
~1.9Moz base production profile
Cornerstone assets have delivered >55Moz of
gold from the region since 1965
Sustainable reserve base developed through
acquisitions and organic conversion
~37Moz of Gold Reserves and ~14Moz of Gold Twin Creeks
Phoenix Mill
NRM with exploration upside
Development of Long Canyon and Leeville/Turf
projects for moderate growth over the next five
years
La Herradura JV delivers profitable gold
production each year
Leeville Underground
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 8 November 14, 2012
9. North America Operating Highlights
Attributable Production (Koz) Emigrant
Q3 2011 480
Q3 2012 508
Consolidated CAS ($/oz)
Q3 2011 $633
Q3 2012 $655
Q3 Attributable Gold Production (Koz)
Nevada La Herradura
First commercial production at Emigrant
600
500 Record throughput at Mill 6
400 Construction on schedule at Phoenix
300 Copper Leach
200 Work on initial freeze ring has begun for 3rd
100 vent shaft at Leeville
0 Expecting to report first NRM at Long
Q3 2011 Q3 2012 Canyon in early 2013
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 9 November 14, 2012
10. North America
Long Canyon’s Significant Potential Continues to be Discovered
Recent drill intercept results5:
‒ 23m @ 9.0 g/t
‒ 57m @ 8.4 g/t ‒ 34m @ 1.4 g/t
‒ 23m @ 10.5 g/t ‒ 55m @ 11.2 g/t
Expect 75,000m drilled in 2012
Expect infill drilling to convert NRM
to reserve; condemnation and
geotechnical drilling in 2013
Feasibility study expected to be
complete December 2013
Trend Potential of >3-4X Fronteer’s Stated
Resource Estimate6
(1.4Moz M&I + 0.8Moz Inferred; No ounces currently in
reserves or NRM; Expected to declare first NRM in early
2013)
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 10 November 14, 2012
11. South America
Consistent Operating Portfolio
~20 Years of Gold Production at Competitive Costs
~0.75Moz base production profile
Consistent operating performance from
Yanacocha at ~$500/oz costs
Demonstrated commitment to communities
through employment opportunities and
investments in additional water capacity
Yanacocha, Peru
~11Moz of Gold Reserves and ~7Moz of Gold
NRM with additional exploration opportunity at
Merian and Yanacocha
Merian project in Suriname opportunity for ~350
– 400koz of production per year7
Merian, Suriname
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 11 November 14, 2012
12. South America Operating Highlights
Attributable Production (Koz) Yanacocha
Q3 2011 188
Q3 2012 196
Consolidated CAS ($/oz)
Q3 2011 $610
Q3 2012 $520
Q3 Attributable Gold Production (Koz)
Yanacocha La Zanja
250
Cost reduction efforts and leadership
200
changes underway
150
Full year 2012 outlook for Yanacocha
100 unchanged, reflects less mill ore and
50
more leach material in fourth quarter
0
“Water First” approach at Conga
Q3 2011 Q3 2012
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 12 November 14, 2012
13. South America
Conga development contingent on generating acceptable project returns; community and
government support key to progressing the project
Continuing on our “Water First” Development Approach
Construction status
− Engineering ~96% complete
− Procurement ~66% complete
− Downsizing Owner’s team
− Reviewing development cost reduction
opportunities for Conga
2012-2013 attributable spending (~2/3 less
Water Treatment Platform
than originally planned) of $440 million
contains
− ~$90 million engineering
− ~$270 million equipment and owner costs
− ~$60 million reservoir construction
− ~$20 million camp construction
2012 YTD spend ~$245 million
Road Preparation
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 13 November 14, 2012
14. South America
Progress at Merian
A New District in South America
Open pit mine in prospective Guyana
Shield mineralized belt Merian
Mineral Agreement negotiations
progressing with government
Feasibility Study expected by year end
Gold production: 350 - 400 koz
(first 5 years)8
CAS: $525 - $600/oz (first 5 years)8
Initial Capital: $700 - $775 million8
NRM: 3.6 Moz9
Potential to add ~50%-100% of current9
NRM over the next 5-10 years
Estimates of production, CAS, and capital as of May 23, 2012.
Exploration Camp
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 14 November 14, 2012
15. APAC
Consistent Operating Portfolio
A Stable Platform
~1.7Moz base production profile – gold and
copper
On track to deliver consistent production over
the next five years
~32Moz of Gold Reserves and ~14Moz of Gold
NRM with potential to extend life of mines
Boddington
Batu Hijau divestiture ongoing; expected to
reach Phase 6 ore in the last half of 2013
Strong Q4 expected from Boddington to achieve
full-year guidance
Current backfill issues at Tanami being
addressed Batu Hijau
Batu Hijau
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 15 November 14, 2012
16. APAC Operating Highlights
Attributable Gold Consolidated Tanami backfilling issues being
Production (Koz) Gold CAS ($/oz)
addressed; evaluation of Auron
Q3 2011 556 $652 discovery ongoing; shaft development
Q3 2012 404 $937 deferred and will reassess in 2015
Attributable Copper Consolidated Issue related to conveyor pulleys at
Production (Mlb) Copper CAS ($/lb) Boddington being addressed
Q3 2011 55 $1.10 Batu Hijau divestiture process ongoing,
labor negotiations set to begin
Q3 2012 35 $2.38
Q3 Attributable Gold Production (Koz) Q3 Attributable Copper Production (Mlb)
Boddington Other Aus/NZ Batu Hijau Boddington Batu Hijau
600 70
500 60
400 50
40
300
30
200
20
100 10
0 0
Q3 2011 Q3 2012 Q3 2011 Q3 2012
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 16 November 14, 2012
17. Africa
Consistent Operating Portfolio
Cornerstone Region in the Making
~0.6Moz base production profile
Newmont’s growth focus with potential to
double current production by 2017
~20Moz of Gold Reserves and ~7Moz of
Gold NRM with exploration potential at
Ahafo North and Akyem underground Akyem Resettlement Area
Akyem
Akyem on budget and on schedule for late
2013 start date
Ahafo Mill expansion opportunity to
increase district production while
maintaining costs
Strategic iron ore development opportunity
at Nimba Ahafo Mill
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 17 November 14, 2012
18. Africa Operating Highlights
Attributable Production (Koz) Ahafo
Q3 2011 146
Q3 2012 131
Consolidated CAS ($/oz)
Q3 2011 $501
Q3 2012 $561
Q3 Attributable Gold Production (Koz)
Ahafo
150
Apensu pit now mined out, exploring
Apensu South
100
Akyem on schedule, on budget
50 Subika development schedule slowed
down, working to obtain necessary
0
permits and optimize water balance
Q3 2011 Q3 2012
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 18 November 14, 2012
19. Africa
Akyem Making Significant Progress
Construction On-Track and On-Budget
Construction is ~65% complete
First production expected late 201310
Gold production: 350 - 450 koz
(average, first 5 years)1
CAS: $500 - $650/oz (average, first 5
years)1
Installation of ball mill and sag mill
Initial Capital: $0.9 - $1.1 billion
Reserves: 7.4 Moz
Mine life: ~16 years
Carbon in Leach (CIL) tanks
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 19 November 14, 2012
21. In Summary:
Maintaining a stable and profitable operating portfolio
Progressing our value enhancement targets
On-track to deliver on lower end of outlook for production, higher end for
CAS
Akyem on budget and on schedule
Continuing to lead industry in returning capital to shareholders
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 21 November 14, 2012
29. Reconciliation – Adjusted Net Income to GAAP Net Income
Non-GAAP Financial Measures
Non-GAAP financial measures are intended to provide additional information only and do not have any standard meaning prescribed by Generally Accepted Accounting
Principles (“GAAP”). These measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.
Reconciliation of Adjusted Net Income to GAAP Net Income
Management uses the non-GAAP financial measure Adjusted net income to evaluate the Company’s operating performance, and for planning and forecasting future business
operations. The Company believes the use of Adjusted net income allows investors and analysts to compare the results of the continuing operations of the Company and its
direct and indirect subsidiaries relating to the production and sale of minerals to similar operating results of other mining companies, by excluding exceptional or unusual items,
income or loss from discontinued operations and the permanent impairment of assets, including marketable securities and goodwill. Management’s determination of the
components of Adjusted net income are evaluated periodically and based, in part, on a review of non-GAAP financial measures used by mining industry analysts.
Net income attributable to Newmont stockholders is reconciled to Adjusted net income as follows:
Three Months Ended September 30, Nine Months Ended September 30,
2012 2011 2012 2011
Net income attributable to Newmont stockholders $ 367 $ 493 $ 1,136 $ 1,394
Loss from discontinued operations 33 - 104 136
Workforce reduction 20 - 20 -
Impairments/asset sales, net 6 142 30 110
Boddington contingent consideration - - 8 -
Fronteer acquisition costs - - - 18
Income tax benefit from internal restructuring - - - (65)
Adjusted net income $ 426 $ 635 $ 1,298 $ 1,593
Adjusted net income per share, basic $ 0.86 $ 1.29 $ 2.62 $ 3.23
Adjusted net income per share, diluted $ 0.85 $ 1.26 $ 1.14 $ 3.17
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 29 November 14, 2012
30. Endnotes
Investors are encouraged to read the information contained in this presentation in conjunction with the following notes footnotes, the Cautionary Statement on slide 2 and the
factors described under the “Risk Factors” section of the Company’s most recent Form 10-K, filed with the SEC on February 24, 2012.
1. 2012 Outlook projections used in this presentation (“Outlook”) are considered “forward-looking statements” and represent management’s good faith estimates or expectations of future
production results as of November 1, 2012 and are based upon certain assumptions. Such assumptions, include gold price of $1,500/ounce, copper price of $3.50/pound, oil price of $90/barrel
and Australian dollar exchange rate of 1.00. Consequently, Outlook cannot be guaranteed. Investors are cautioned that the Company does not undertake to subsequently reaffirm, provide
comfort or otherwise update Outlook to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not assume that any lack of
update constitutes a current reaffirmation of Outlook. Note that regional guidance figures provided are attributable production, consolidated CAS and attributable capital expenditures.
2. The figures shown in the 2012 bar chart are the median of 2012 Outlook projections. See Note 8 below.
3. Total shareholder return time periods calculated as of 2011 fiscal year-end; Senior Gold includes: KGC, ABX, AEM, GG, ANG, & GFI.
4. Newmont has established a gold price-linked dividend policy that serves as a non-binding guideline for Newmont’s Board of Directors (the “Board”). The Board reserves all powers related to the
declaration and payment of dividends. In addition, the declaration and payment of future dividends remain at the discretion of the Board and will be determined based on Newmont’s financial
results, cash and liquidity requirements, future prospects and other factors deemed relevant by the Board. In determining the dividend to be declared and paid on the common stock of the
Company, the Board may revise or terminate such policy at any time without prior notice.
5. Current drill results and drill mineralization are not necessarily indicative to future results. No assurances can be made that such drill results will be converted into NRM or Reserves in the future
given the risk and uncertainty inherent to the exploration process.
6. In January 2011, Fronteer Gold released an interim resource estimate for Long Canyon, which reported Measured and Indicated resources of approximately 0.071 and 1.324 million gold
ounces, respectively, and an additional Inferred resource of approximately 0.8 million gold ounces. U.S. investors are cautioned that Fronteer Gold provided its public disclosures at the time of
.
acquisition in the terms of "Measured resources", “Indicated resources” and "Inferred resource.” While these terms are recognized and required by Canadian regulations, these terms are not
defined terms under the SEC’s Industry Guide 7. U.S. Investors are cautioned not to assume that any part or all of mineral deposits in the "Measured resources” and “Indicated resources"
categories will ever be converted into Reserves. Additionally, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal
feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred resources may not
form the basis of a feasibility study or prefeasibility studies, except in rare cases. Accordingly, U.S. Investors are cautioned not to assume that any part or all of an Inferred resource exists or is
economically or legally minable. No ounces are currently in the Company’s Reserves or NRM for Long Canyon.
7. Merian figures shown are representative of Newmont’s 100% ownership interest subject to ongoing negotiations with the Surinamese government.
8. Production, CAS, and Capex estimates based upon management’s good faith belief as of May 23, 2012. Subject to change based upon Newmont’s ongoing planning and budgeting process and
assumptions.
9. NRM estimates as of fiscal 2011 year-end. No ounces currently in reserves.
10. Subject to permitting and other factors as described in the Company’s 2011 Annual Report on Form 10-K under the heading “Risk Factors.”
11. Refer to slide 29 for reconciliation to GAAP net income attributable to Newmont stockholders.
12. Refer to slide 29 for reconciliation to GAAP net income attributable to Newmont stockholders.
13. Average realized gold price is determined for each preceding quarter net of applicable treatment and refining costs incurred during the quarter and provisional pricing mark-to-market
adjustments, if any.
14. Gold operating margin calculated as average realized gold price per ounce, less gold cost applicable to sales per ounce.
15. Copper operating margin calculated as average realized copper price per pound, less copper cost applicable to sales per pound.
Newmont Mining Corporation | Dahlman Rose | www.newmont.com 30 November 14, 2012