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1 KALGOORLIE CONSOLIDATED GOLD MINES A JOINT VENTURE BETWEEN.

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Presentation on theme: "1 KALGOORLIE CONSOLIDATED GOLD MINES A JOINT VENTURE BETWEEN."— Presentation transcript:

1 1 KALGOORLIE CONSOLIDATED GOLD MINES A JOINT VENTURE BETWEEN

2 Whats Down the Track Current Life of Mine is to 2021 Reduce All In Sustaining Cost to below $1,000/oz Commitment to Hannans North Mt Charlotte UG, 50 th Year of continuous operations What's Down the Track Forum2

3 Current Strategy Objective Reduce All In Sustaining Cost per ounce to

4 Opportunities and Threats Opportunities Extend current LOM – Open Pit and Underground Exploration potential – Underground Processing – Large tonnage and low cost processing plant with capacity to treat refractory ore Workforce – Experienced and stable (residential) Community – Good relationship Threats Gold price continues to drop Royalty / tax increases Australian mining becoming less productive What's Down the Track Forum4

5 2013 LOM Metal Profile Open Pit Mining Complete Marginal Stockpile Processing What's Down the Track Forum 5 Mt Charlotte Complete

6 KCGM Community Investment Strategic Long-Term Investments Part of ongoing closure planning Focused on sustainable projects for the wider community Moved away from one-off events and initiatives Hannans North Tourist Mine KCGM acting as caretakers to re-establish the attractions Long-term business strategy being developed Dependent on community support What's Down the Track Forum6

7 50 Years at Mt Charlotte 5 Million ounces since 1963 Expected to close 1976, 1998 and km deep Average 3,740oz each month Employs 60 people Public tours 12 and 20 underground levels Historic and present day mining Limited time – Sept and Oct 230 visitors Historic DVD Overview of the last 50yrs Available at Super Pit Shop Proceeds Approx $5k to Hannans North What's Down the Track Forum 7


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