building mines, building value · 2020. 8. 4. · regalito guanaco zonzo cerro pelado cerro...

Building Mines, Building ValueBuilding Mines, Building Value

2004Building Mines, Building ValueBuilding Mines, Building Value

2004Building Mines, Building ValueBuilding Mines, Building Value

4.9

4.96million ounces

$205

$212per ounce

production cash costs5.0 $215

targets were met

$248mearnings2004

0403

$506moperatingcash flow

0403

Building Mines, Building ValueBuilding Mines, Building Value

all amounts in US dollars

20042004industry-wide costs

Building Mines, Building ValueBuilding Mines, Building Valuerise 15%

2004continuous improvement initiatives

Building Mines, Building ValueBuilding Mines, Building Value

improving supply chain managementcommodity and currency price protection

mitigating cost pressures

2004Building Mines, Building ValueBuilding Mines, Building Value lowest cost senior gold producer

development of high quality projects

2004p&p gold reservesmillions of ounces 89

38

0494

Building Mines, Building ValueBuilding Mines, Building Value58%increaseper share

58%increaseper share

2004p&p gold reservesmillions of ounces 89

04

43 million ounces

low-cost development reservesBuilding Mines, Building ValueBuilding Mines, Building Value

2004p&p gold reservesmillions of ounces 89

04

900+million ounces

contained silver

900+million ounces

contained silverwill become one of world’slargest silver producers

Building Mines, Building ValueBuilding Mines, Building Value

A“ ”2004

disciplined + conservativerated balance sheet

Veladerofinancing

$250million

long-termdebt issue

$750million

+Building Mines, Building ValueBuilding Mines, Building Value

$1.2billion est.

construction capex

~2.0million ounces

average 3 years

< $200per ounce

average 3 years

2004Building MinesBuilding Mines TulawakaTulawaka Lagunas NorteLagunas Norte VeladeroVeladero CowalCowal

2005Building Mines Building Mines , Delivering Value, Delivering Value

2005

04

4.96

6.8-7.0

07

productionounces millions

40%growthtarget

40%growthtargetBuilding Mines, Delivering ValueBuilding Mines, Delivering Value

rising gold price environment

Building Mines, Delivering ValueBuilding Mines, Delivering Value

2005Building Mines, Delivering ValueBuilding Mines, Delivering Value

people make it happen

2005

George Bee

Dave Anthony

Augusto Chung

Building Mines, Delivering ValueBuilding Mines, Delivering Value

2005 Elko, Nevada

Building Mines, Delivering ValueBuilding Mines, Delivering Value

corporate social responsibility

2005World Vision

Building Mines, Delivering ValueBuilding Mines, Delivering Value

corporate social responsibility

corporate social responsibility

2005

Habitat for Humanity

Building Mines, Delivering ValueBuilding Mines, Delivering Value

World Vision

2005 medicalcareBuilding Mines, Delivering ValueBuilding Mines, Delivering Value

corporate social responsibility

Habitat for Humanity

Building Mines, Delivering ValueBuilding Mines, Delivering Value

future

future exploration andcorporate development

Rob Krcmarov

Alex Davidson

Ed Cope

Ramon AranedaBuilding Mines, Delivering ValueBuilding Mines, Delivering Value

Inna Gretchka

Deni Nicoski

exploration in

five key districtsNevada

Alto Chicama Lake Victoria

Russia / Central Asia

Frontera

futureBuilding Mines, Delivering ValueBuilding Mines, Delivering Value

$150million program

Alto Chicama Lake Victoria

Russia / Central Asia

Frontera

Nevada

Building Mines, Delivering ValueBuilding Mines, Delivering ValueN E V A D A

Goldstrike

East Archimedes

Round Mountain

Reno

Underground

Open Pit

Alto Chicama Lake Victoria

Russia / Central Asia

Frontera

Nevada

Building Mines, Delivering ValueBuilding Mines, Delivering Value

Pierina

P E R U

TrujilloLagunas NorteLagunas Norte

Lake Victoria

Russia / Central Asia

Alto Chicama

Frontera

Nevada

Building Mines, Delivering ValueBuilding Mines, Delivering Value

VeladeroPascua-Lama

C H I L E

A R G

E N T I N

A

VeladeroPascua-Lama

3,041sq. km.

Veladero

Pascua-Lama

C H I L E A R G E N T I N A

Protocol Area

Alto Chicama Lake Victoria

Russia / Central Asia

Frontera

Nevada

Building Mines, Delivering ValueBuilding Mines, Delivering Value

VeladeroPascua-Lama

C H I L E

A R G

E N T I N

A

VeladeroPascua-Lama

3,041sq. km.

VeladeroVeladero

RegalitoRegalito Guanaco ZonzoGuanaco Zonzo

Cerro PeladoCerro Pelado

Cerro ColoradoCerro Colorado

Pascua-LamaPascua-Lama

Alto Chicama Lake Victoria

Russia / Central Asia

Frontera

Nevada

Building Mines, Delivering ValueBuilding Mines, Delivering ValueBulyanhuluTulawaka

Dar es Salaam

T A N Z A N I A

LAKEVICTORIA

Buzwagi

Kabanga

Alto Chicama Lake Victoria

Russia / Central Asia

Frontera

evada

Building Mines, Delivering ValueBuilding Mines, Delivering Value

M O N G O L I A

C H I N A

R U S S I A

K A Z A K H S T A N

Celtic ResourcesHighland Gold

Moscow

2005 targets on track

5.4$220

productioncash costsBuilding Mines, Delivering ValueBuilding Mines, Delivering Value

$230 5.5

2005 first quarter results

1.1million ounces

produced$248

per ounce

$51million earnings

Building Mines, Delivering ValueBuilding Mines, Delivering Value

favourablegold price environment

favourablegold price environment

40% growth target40% growth target

track record ofincreasing reserves

track record ofincreasing reserves

Building Mines, Delivering ValueBuilding Mines, Delivering Value

low-cost producerlow-cost producer