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Newmont Waihi Gold 2012- PART 1

Newmont Waihi Gold 2012- PART 1. 2012. Who are we?. Newmont Mining Corporation. 35,000 staff & contractors. more than 20 locations. 10 countries. 5 continents. Martha Mine – Historic Workings. 1880s to 1952 7 vertical shafts 170 km drives 600 metres deep

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Newmont Waihi Gold 2012- PART 1

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  1. Newmont Waihi Gold2012- PART 1 2012

  2. Newmont Waihi Gold General Induction Who are we? Newmont Mining Corporation 35,000 staff & contractors more than 20 locations 10 countries 5 continents

  3. Martha Mine – Historic Workings 1880s to 1952 7 vertical shafts 170 km drives 600 metres deep Open pit approx 250 metres deep

  4. 2nd June 2011 Strictly Confidential Waihi today Favona Moonlight Trio Correnso Martha East Layback NWG Office Martha Exploration Project

  5. What is our economic performance? • We employ 400 staff and contractors • Another 400 people indirectly employed • On average we spend around $190M a year on goods, services, rates, taxes, royalties. • 32% is spent locally (within 30km of Waihi) • 29% is spent regionally (Bay of Plenty, Waikato, Coromandel) • 21% is spent in the rest of NZ • 18% is spent overseas • In the last five years: $239m in capital expenditure and $694m in operational expenditure • 82% of this money is spent in New Zealand • Since 2006 we have spent $264m on goods and services in and around Waihi, a town of 4,500 people • Since 1987 more than 2.5 million ounces of gold and 20 million ouncesof silver have been produced

  6. Before: evidence required for a RMA application • Project description (mine design, mining method, geology, etc.) • Metallurgy • Air quality • Vibration • Receiving water quality / ecology • Noise • Geochemistry • Hydrogeology / settlement • Traffic • Economic impact • Property / community investment • Consultation summary….

  7. During: monitoring of operations and reporting • Real-time monitoring of vibration • Noise monitoring • Dust / air quality monitoring • Water levels • Water quality – bores around TSF; water in discharge and overflow ponds; water treatment plant quality; upstream and downstream monitoring • Bio-monitoring • Ground settlement and tilt • Complaints Reporting on all of the above to District and Regional Councils.

  8. After: rehabilitation and monitoring • Progressive environmental rehabilitation • Economic and social sustainability • Rehabilitation and capitalisation bonds: • Martha Pit Rehabilitation Bond: $26.2m (two separate bonds - jointly overseen by HDC and WRC). • Ministry of Energy and Resources Bond: $1.25m • Water rights bond with WRC: $2m • Conservation bond: $0.057m (for DoC land) • Capitalisation bond: $10.4m (formation of Martha trust) • Martha Trust: responsible for management of sites, rehabilitation, and monitoring in perpetuity.

  9. What is our social & community performance? • Donations, sponsorships, partnerships • Vision Waihi Trust & Waihi Community Vision • Gold Discovery Centre • Sport’n’Action sports hub • Creative Waihi • Waihi Heritage Vision • Social Development Group • Waihi Gold Education Trust • Dotterel Watch partnership with DoC • Beach Hop Warm Up Party • Over 50 community organisations, groups or clubs assisted in 2011 • Riparian planting – almost 500,000 native trees and shrubs 10

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