Agnew Mine - A "Renewable" Commitment to the Future

STUART MATHEWS - EXECUTIVE VP AUSTRALASIA , GOLD FIELDS

Australia Energy Week, Melbourne, Australia

26 May 2021

Forward Looking statements

Certain statements in this document 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.

In particular, the forward looking statements in this document include among others those relating to the Damang Exploration Target Statement; the Far Southeast Exploration Target Statement; commodity prices; demand for gold and other metals and minerals; interest rate expectations; exploration and production costs; levels of expected production; Gold Fields' growth pipeline; levels and expected benefits of current and planned capital expenditures; future reserve, resource and other mineralisation levels; and the extent of cost efficiencies and savings to be achieved. 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, Ghana, Australia, Peru and elsewhere; the ability to achieve anticipated efficiencies and other cost savings in connection with past and future acquisitions, exploration and development activities; decreases in the market price of gold and/or copper; hazards associated with underground and surface gold mining; labour disruptions; availability terms and deployment of capital or credit; changes in government regulations, particularly taxation and environmental regulations; and new legislation affecting mining and mineral rights; changes in exchange rates; currency devaluations; the availability and cost of raw and finished materials; the cost of energy and water; inflation and other macro-economic factors, industrial action, temporary stoppages of mines for safety and unplanned maintenance reasons; and the impact of the AIDS and other occupational health risks experienced by Gold Fields' employees.

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.

ARENA Disclaimer

The views expressed herein are not necessarily the view of the Australian Government, and the Australian Government does not accept responsibility for any information or advice contained herein.

Australian Energy Week | Stuart Mathews |26 May 2021

2

Agenda

  1. About Gold Fields
  2. ESG and Energy Strategic Intent
  3. Agnew hybrid renewable microgrid
  4. Project derisking process
  5. Agnew's lessons / Intangibles

Australian Energy Week | Stuart Mathews | 26 May 2021

3

Gold Fields Limited

9 gold mines 1 project 5 countries 2.2 Moz annual gold production GFI (JSE, NYSE)

Australian Energy Week | Stuart Mathews | 26 May 2021

4

Gold Fields Global Energy Footprint

Americas Region

Mine: Cerro Corona (Peru)

Project: Salares Norte (Chile)

2020: 30% hydro, 70% gas

2023: 3% solar

WestAfrica Region

Mines: Tarkwa and Damang

JV project: Asanko Gold Mine

2020: 100% gas

2023: <1% solar

GoldFields Group

Energy spend

US$257m (16% of OPEX)

Energy spend per ounce

US$110/oz

Electricity

1 200 GWh

Renewables (MW)

3% solar, 4% wind

Carbon footprint

9% solar, 3% wind

2020

3% solar, 4% wind

2023

6% solar, 7% wind

Australia Region

Mines: St Ives, Granny Smith, Gruyere and

Agnew

2020 :1% diesel, 92% gas, 3% solar,4%

wind

2023: 6% solar, 7% wind

South Africa Region

Mine: South Deep

2020: 100% coal

2022: 22% solar

Australian Energy Week| Stuart Mathews | 26 May 2021

5

Attachments

  • Original document
  • Permalink

Disclaimer

Gold Fields Ltd. published this content on 27 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 08:04:03 UTC.