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4.7 Billion Rand Investment In South Africa. Driefontein 9 Sub-vertical Shaft Depth Extension and Kloof Extension Area Decline Shaft System 7 September 2006. Forward Looking Statements.
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4.7 Billion Rand Investment In South Africa Driefontein 9 Sub-vertical Shaft Depth Extension and Kloof Extension Area Decline Shaft System 7 September 2006
Forward Looking Statements Certain statements in this presentation constitute “forward looking statements” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward looking statements. Such risks, uncertainties and other important factors include among others: economic, business and political conditions in South Africa; decreases in the market price of gold; hazards associated with underground and surface gold mining; labour disruptions; changes in laws and government regulations, particularly environmental regulations and mineral rights legislation; changes in exchange rates; currency devaluations; inflation and other macro-economic factors; and the impact of the AIDS crisis in South Africa. These forward looking statements speak only as of the date of this document. Gold Fields undertakes no obligation to update publicly or release any revisions to these forward looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events.
Kloof Gold MineKEA Decline Shaft System Brendan Walker Head of South African Operations 7 September 2006
Kloof - KEA ProjectIntroduction Converting quality resource ounces
Kloof - KEA ProjectEnhanced gold profile Kloof life of mine including KEA - gold produced 40 000 KEA Kloof Current 35 000 30 000 25 000 Gold produced (kg) 20 000 15 000 10 000 5 000 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Years Adding incremental ounces to Kloof’s gold profile
Kloof - KEA ProjectLocality Mined Areas VCR MR Libanon Reef Kloof Reef VCR on upthrown side of West Rand Fault VCR MR Libanon Reef Kloof Reef Targeting VCR down dip of 3 & 4 Shaft
Kloof - KEA ProjectGeology models & borehole data Targeting Sandy 1 facies 43 45 45 KEA5 48 48 KEA2 4# KEA4 KEA3 0 1000 500 metres N KEA1
Kloof - KEA ProjectDecline design 4 SV # 3 SV # 42 level 43 level (3.6km) 43 level (4.1km) 44 level 45 level (4.3km) Chairlift Decline 46 level Wide Raise 47 level RAW 48 level First reef intersection due mid C2009
Kloof - KEA ProjectCapital estimate (July 2006) Capital expenditure US$95per reserve ounce
Kloof - KEA ProjectFinancials Leveraged to upswing in gold price
Kloof - KEA ProjectOpportunities Further upside potential
Kloof - KEA ProjectConclusion Technically and financially robust
Driefontein Gold Mine9 Sub-vertical Shaft Depth Extension Brendan Walker Head of South African Operations 7 September 2006
9 Shaft ProjectIntroduction Creating the deepest mine in the world
9 Shaft ProjectValue addition to Driefontein 40000 9# Shaft Driefontein Life of mine 35000 30000 25000 20000 Gold produced (kg) 15000 10000 5000 0 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 Years U/G production maintained at 30 tons p.a until F2020
9 Shaft ProjectLocality 1TArea 5# Area 1.5km 2.2km 9# Area 1.1km Mining between 3,400 & 4,100 meters below datum at global average grade ~ 2,000 cmg/t
9 Shaft ProjectGeology: Schematic Diagram of 9 Shaft 50 Level 51 Level 52 Level 53 Level 54 Level 55 Level 56 Level 57 Level 40.4m South North 9 Sub # 22 Level Lava Ventersdorp Supergroup Lava Peggy’s Dyke 38 Level Spotted Dick Dyke 40 Level 43 Level Carbon Leader Reef Middelvlei Reef Ventersdorp Contact Reef Dykes Master Bedding Plane Fault Existing Shaft Proposed Shaft Existing Development Accessing carbon leader below current infrastructure
9 Shaft ProjectCapital Estimates (July 2006) Capital expenditure $51per reserve ounce
9 Shaft ProjectFinancial Valuation Leveraged to upswing in gold price
9 Shaft ProjectConclusion Technically and financially sound
4.7 Billion Rand Investment In South Africa Driefontein 9 Sub-vertical Shaft Depth Extension and Kloof Extension Area Decline Shaft System 7 September 2006