Gold Fields Australia Site Visit: Granny Smith Gold Mine · Forward looking statements Certain statements in this document constitute “forward looking statements” within the meaning

Gold Fields Australia Site Visit: Granny Smith Gold MineSTUART MATHEWSSTUART MATHEWSGeneral Manager16th July 2014

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 Farp g g g g p g

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 futureAfrica, 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.

22014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014

Granny Smith Gold MineIntroduction: Location

• 100% Gold Fields owned

Introduction: Location

● Map of site/tenement position● Show pits, plants, shafts etc

• Located in the Eastern Goldfields Province of

● Size of tenements etc

the Archaean Aged Yilgarn Craton

• 950 km NE by sealed road from Perth

• 400 km NNE by sealed road from Kalgoorlie


Granny Smith Gold MineIntroduction: Site Orientation

• Granny Smith mill and village located 23 km S of

Laverton

Introduction: Site Orientation

• Wallaby underground mine located 15 km WSW of

Granny Smith mill.

• 455.2 square km granted tenements.

• 111.1 square km tenement applications.

• 186 9 square km miscellaneous licences• 186.9 square km miscellaneous licences.

• Tenements focused on the Laverton Tectonic zone, 30

km north and south of the Granny Smith mill including

the NE of Lake Carey


Granny Smith Gold MineIntroduction: History• 1979: Granny Smith and Goanna deposits discovered

• 1989: Granny Smith JV (60% Placer Pacific Ltd, 40%

Introduction: History1989-2013 Production:

Total Granny Smith Project Produced Oz 6 7 MozDelta Gold NL) commenced open pit mining

mining at Granny Smith

• 1990: First gold poured in 1990

Produced Oz - 6.7 Moz

OP Produced Oz – 5.5 Moz(Granny Smith, Sunrise, Wallaby, Keringal, and Minor Pits)1990: First gold poured in 1990

• 1994: Open pit production from Keringal Jubilee and

Sunrise open pits

Pits)

UG Produced Oz – 1.2 Moz(Wallaby)

• 1998: Wallaby deposit discovered

• 2001: Open pit mining commenced at Wallaby

2005: Wallaby underground mining commenced• 2005: Wallaby underground mining commenced

• 2006: Barrick Gold purchased 100% of PDG

• Oct 2013: Gold Fields purchases Granny Smith as p y

part of Yilgarn South acquisition


Granny Smith Gold MineIntroduction: Historical ProductionIntroduction: Historical Production

8 600

ED

Granny Smith Mined Ounces Source History

5

6

7

400

500

OU

NC

ES M

INE

CES

(Koz

)

2

3

4

200

300

TIVE

TO

TAL

O(M

oz)

MIN

ED O

UN

C

-

1

2

-

100

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

CU

MU

LAT

AN

NU

AL

M

Open Pit Oz Mined Underground Oz Mined Cumulative Oz Mined


2013 LOM = 6 years (1.2 Moz at US$1,350)

Granny Smith Gold MineKey Management TeamKey Management Team


Granny Smith Gold MineKey Management Team

● General Manager – Stuart Mathews Strong mining and project background in numerous commodities

MSc in Geology

Key Management Team

MSc in Geology 22 years experience both locally and internationally

● Manager Mineral Resources – Gary SparksManager Mineral Resources Gary Sparks Strong exploration and production background in both underground and open pit mining BSc Geology, MSc Exploration and Mining Geology 29 years experience in the Eastern Goldfields region, Eastern Australia and PNG

● Processing Manager – Wayne Gaiter Operations management and processing background

25 years experience in the industry 25 years experience in the industry

● Mining Manager – Andrew Cooperg g p Experienced in underground mining, predominantly large scale operations Honours in Mining Engineering 15 years experience with almost 5 years at Granny Smith


What did we buy?


Granny Smith Gold MineWhat Did We Buy?

POSITIVES

What Did We Buy?

CHALLENGES

● Granny Smith world class gold mining operation

● Processing plant, ageing infrastructure and equipment integrity

● A dynamic and results driven management team

● Mill Capacity not utilised

● Exploration spend required to realise● Great ore body with outstanding exploration potential

● Exploration spend required to realise exploration potential

● A mature and well-functioning mine site with highly experienced mining personnel


A Great Acquisition With Significant Upside

Granny Smith Gold MineResources & Reserves and Main Ore Bodies Wallaby Ore BodyMineral Resources

• Open Pit – 27.6 Mt @ 1.33 g/t for 1.18 Moz

Resources & Reserves and Main Ore Bodies Wallaby Ore Body

Z 250• Underground – 8.5 Mt @ 7.54 g/t for 2.06 Moz

Mineral ReservesZone 60

Zone 250

Zone 80

Zone 70Mineral Reserves

• Underground – 4.1 Mt @ 6.34 g/t for 838 Koz

• +15% on 2012 ounces post depletion (+109 Koz)

Zone 90Current Mining Areas

• Z70 – Limited stoping and development

Zone 100

• Z70 – Limited stoping and development

• Z80 – Main production area

• Z90 – Stoping and development

Zone 110-150

Zone 100• Z100 – Development with 1st stoping in Qtr 4 2014 ● Proven

● Probable● Inferred● Potential


Mine remains open at depth & has lateral potential – limited only by present drilling

Granny Smith Gold MineMining Methods Mining Infrastructure and Equipment:

Wallaby Underground:● Single decline truck haulage from a portal in the

Mining Methods, Mining Infrastructure and Equipment:

Inclined Room&PillarWallaby open pit

● Ramp Gradient = 1 : 7● Decline and Truck Access Profile

(5 2m wide x 5 7m high)4.6m 15m 4.6m

LIRP1 - 4.6 x 4.6m with Longhole Stope 15m wide :

4.6m 15m 4.6m4.6m 15m 4.6m

LIRP1 - 4.6 x 4.6m with Longhole Stope 15m wide :

Mined Stopes

Legend

To be mined Stopes

Mined Stopes

Legend

To be mined Stopes

Mined Stopes

Legend

Mined Stopes

Legend

To be mined Stopes

“Updip”

(5.2m wide x 5.7m high)● Ore Drive Profile

(4.6m wide x 4.6m high)● Inclined Room & Pillar (IRP)

4.6m

20m Wide Longhole Stope >10˚ 20m 5m

15m4.6m


15m4.6m


15m Active Stopes

Ore drives

Mining direction

p

Active Stopes

Ore drives

Mining direction

p

Active Stopes

Ore drives

Mining direction

Active Stopes

Ore drives

Mining direction

p

Inclined Room & Pillar (IRP) Suitable for moderately dipping orebody (10°-35°), and

moderate width zones (4-6m)

● Transversal Long Hole Stope (TLHS)Suitable for thicker zones (6-15m) under varying dip

Transversal Long Hole Stope

Suitable for thicker zones (6-15m) under varying dip conditions.

● Main Equipment: 4 x Atlas Copco Twin Boom Jumbos

3 x Atlas Copco Production Drills 3 x Atlas Copco Production Drills 4 x Cat 2900 Loaders 3 x Cat 1700 Loaders (Remotes) 8 x Atlas Copco MT6020 UG Trucks


Granny Smith Gold MineProcessing Plant

• Primary Jaw and Secondary crushing circuit

• 3.4 MW SAG Mill

Processing Plant

• 3.8 MW Ball Mill

• 6 x Leaching and 6 x CIP circuits

Thi k t il t t t• Thickener, tails retreatment

• 3.5 Mtpa throughput capacity

• Currently campaign milling at 1.5 Mtpa

• Capital extensive program for 2014

• Steel and concrete remediation

• Replacement/ modification cyclone feed pumps

• Refurbish gold and elution circuits

• Tank refurbishment leach and CIPTank refurbishment leach and CIP


Granny Smith Gold MineOther Site Infrastructure● Camp

Contractor managed, Catercare Services

Other Site Infrastructure

Capacity of 640 modern rooms

Double story Gym and Squash Courts

Limestone enclosed Bar and state of the artLimestone enclosed Bar and state of the art

outdoor projector

Digital TV and Foxtel

WIFI th h t C WIFI throughout Camp

● Flights

Dual contracts between Skippers & Cobham to

enhance cost saving flexibility

1 9km certified unsealed Aerodrome 1.9km certified unsealed Aerodrome


Why did we buy?


Granny Smith Gold MineOur Due Diligence View

● Met the GFI key metric of 15% FCF margin at a gold price of US$1,300/oz with key opportunities: Optimise workforce

Our Due Diligence View

Optimise capital spend including development rates Improve mining recovery and dilution Improved grade control modelsp g Optimise mill campaign production profile to maintain consistent throughput and improve recovery

● Other opportunities that we saw:● Other opportunities that we saw: Optimise stores Mill improvements including gravity recovery

● Potential Synergies: Regional laboratory for Gold Fields sites

● Resource and Reserve Growth

16

Potential To Be A Gold Fields Franchise Asset2014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014

Granny Smith Gold MineOur Due Diligence ViewOur Due Diligence View

Zone 250Zone 60

Zone 70

Z 80Global Resource

Un-depleted

Depth 1.8km

IntrusiveZone 80

Zone 90

3.58Mt @ 8.50g/t for

980Koz (3.0g/t cut)

3 84Mt @ 8 88g/t for

Zone 100

Z 120Zone 110 3.36Mt @ 9.04g/t for

3.84Mt @ 8.88g/t for

1.1Moz (3.18g/t cut)

Zone 100 South– TargetZone 120 980Koz (3.33g/t cut)

0.41Mt @ 6.26g/t for

82Koz (3.33g/t cut)

Zone 130 – Target

Zone 140 – Target

Zone 150 – Target

17

View to South-West

Zone 140 Target

Granny Smith Gold MineOur Due Diligence View

● Located in highly endowed province

● >20 Moz in the Laverton Region incl:

Our Due Diligence View

● >20 Moz in the Laverton Region incl:

Granny Smith ~ 2.5 Moz

Wallaby ~ 8 Moz

Sunrise ~ 10 Moz

● 2 World Class deposits on the margin of Lake Carey in Wallaby and SunriseLake Carey in Wallaby and Sunrise

● Lake Carey grossly under-explored:

No significant exploration since 2005)

Exploration to date not systematic

● Brown field potential under existing pits:● Brown field potential under existing pits:

Granny Smith

Keringal


What have we done since the acquisition?


Granny Smith Gold MineProduction and AISC

90 000 $1 600

Production and AISC

Barrick Gold Fields Acquisition

70 000

80 000

$1 200

$1 400 Barrick Gold Fields Acquisition

40 000

50 000

60 000

$800

$1 000

C $

USD

/Oz

20 000

30 000

40 000

$400

$600 ASC

-

10 000

20 000

$0

$200

$2013 Q1 2013 Q2 2013 Q3 2013 Q4 2014 Q1

Gold Sold (oz) AISC (US$/oz)


Granny Smith Gold MinesMajor Initiatives Delivering Results

Improvement focus Actual achieved Actual Achieved +/- Ozs Variance since Acquisition

Overall Impact

Major Initiatives Delivering Results

Improved process plant recovery

Smaller cyclones, re-work plumbing & ball mill discharge

+4% plant recovery +14,500 oz in 2014 Extra oz from same ore tonnes.Reduced Cost per ozg p

Internal dilution reduction

+0.3 g/t gold grade increase

+14,500 oz As above

Process plant stability

Maintaining campaign milling @350 tph feed rate

+15,000 tonnes mill feed

+2,600 oz in Q1 2014

As above

Grade control remodeling

Infill drilling, development assaying, mapping

Overall Gold grade increase

+ additional ozRemodeling still work in progress. Completion in Q3 &

As above

Completion in Q3 & delivering results in Q4


Applying the Gold Fields Franchise

Granny Smith Gold MineKey Operating MetricsKey Operating Metrics

KPI’s Unit Q4 2013 Q1 2014

Safety LTI’s 1 0

Ore mined - UG kt 362 405

Mined grade - UG g/t 6.34 5.70

Ore processed kt 330 401

Head grade g/t 6.21 5.69

Recovery % 90 8 91 1Recovery % 90.8 91.1

Gold sold Koz 62.2 66.5

Revenue US$m 79.2 86.6

Operating cost US$m 46.9 49.8

Operating Profit US$m 32.3 36.8

Capital expenditure US$m 8.1 7.1

AISC US$/oz. 888 910


Granny Smith Gold MineExecutive Summary

All measures designed to improve AIC and production

Overall Management:

Executive Summary

Significant change in operating culture since acquisition Strong Management Team and disciplined in planning Re-structure of business to fit Gold Fields strategy for 2014 & beyond

Mining Improvements:Mining Improvements: Optimising mine recovery of the resource Dilution control through drill & blast focus in design & implementation Revised mining methodology for flatter stopes Doing the basics right

Processing Improvements: Increased ounces with quality of mined ore tonnes De-risking the process plant upgrade remediation

Recovery gains 4% plant optimization Recovery gains 4% plant optimization Not filling the plant – Optimizing gold production Campaign milling vs continuous milling

Strong Life-Of-Mine:g Limited only by drilling & exploration Doubling of exploration spend over 2013 to Au$6M (excluding resource conversion drilling)

23

One Of The Premier Gold Mines In Western Australia


OHS & Safety and Sustainability


Granny Smith Gold MineSafety Performance

12 Month Moving Average Frequency Rates Per Million Manhours(TRIFR = Lost Time Injury + Restricted Work Injury + Medically Treated Injury per Million Manhours Worked)

Safety Performance

16.5716.04 16.16

15.1414 16

16

18

14.1613.23 13.55

11.88 12.1312

14

6

8

10 Target

Gold Fields Management Control

3

12

1 1 1 1 12

4

6

1 1 10

1 1 1

0

2

Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14

No of injuries 12 Month Moving Average Frequency Rate Per Million Manhours Worked Target

25

No. of injuries 12 Month Moving Average Frequency Rate Per Million Manhours Worked Target

If We Cannot Mine Safely, We Will Not Mine2014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014

Safety FocusSafety Initiatives in 2104

● Task Observation Performed by Supervisors (TOPS) – 500 discussions per month

Safety Initiatives in 2104

● Socialising safety in the field

● Participation by all supervisory staff p y p y

● Strong culture of hazard & incident reporting

● Internal Leading Indicator Environmental, Health, & Safety Audits – Quarterly (bonus parameter)

● Employee Health & Wellbeing Program improvements in 2014

● Reduction in diesel particulate emissions – tracked against an internal target with the majority of

exposures achieving the target All UG equipment have filters installedexposures achieving the target. All UG equipment have filters installed

● New Vital Behaviours Program – safety initiative in 2014


Granny Smith Gold MineHuman Resources

Description 2013 2014

Human Resources

Employees in service 367 392

Contractors 85 95

TE+C 452 487

T i d/ TE+C 1007 864Tonnes mined/ TE+C 1007 864

Oz Sold / TE+C 51 58


Granny Smith Gold MineEnvironment and CommunityEnvironment and Community

● Pursuing ISO 14001 certification

First stage audit completed June

20142014

No non-conformances raised

Second stage and certification

scheduled for Q4 2014scheduled for Q4 2014

● Full compliance to the Cyanide Code

● Effective community engagement programmes in place


● Support social wellbeing through the Laverton Leonora Cross Cultural Association

Granny Smith Gold MineTop PrioritiesTop Priorities

Priorities

1 Ensure the long term availability of suitable sources of watersu e t e o g te a a ab ty o su tab e sou ces o ate

2 Deliver an exploration strategy to realise the full Granny Smith potential

3 Maintain the integrity of the processing facility

4 Ensure business continuity through the availability of critical spares and maintenance of equipment


Geology


Granny Smith Gold MineRegional GeologyRegional Geology

● Deposits hosted in the meta-sedimentary rocks in the

Laverton Tectonic Zone

● Wallaby and Granny Smith mineralisation is focused

where northerly trending structures interact intrusives

Wallaby deposit hosted in the Wallaby

conglomerate, focused at a flexure in the northerly

trending Chatterbox Shear

Granny Smith hosted in sandstone (arkose),

ironstone and granodiorite where the northerly

trending Granny Smith Shear interacts with thetrending Granny Smith Shear interacts with the

eastern margin of the Granny Smith granodiorite

Minor deposits on northerly trending Child Harold

and Keringal Shears

● Sunrise mineralisation is focused along the north

east trending Sunrise/Carey shear system


east trending Sunrise/Carey shear system

Granny Smith Gold MineMine Geology – Wallaby Underground

Area

2013 YE Reserve

BCOG Ore (kt) Au (g/t) Au (koz)

Mine Geology Wallaby Underground

(g/t)Ore (kt) Au (g/t) Au (koz)

Z250/60 3.63 106 4.51 15

Z70 3.63 175 4.45 25

Z80 3.76 694 5.87 131

Z90 3.96 1,943 6.24 390

Z100 4.11 1,132 7.28 265

Total 3 94 4 066 6 33 828Total 3.94 4,066 6.33 828


Granny Smith Gold MineSimplified Wallaby Genesis

SIMPLIFIED! NorthSouth

Simplified Wallaby Genesis

Pipe like Brittle zone Intrusive Suite

Sub horizontal weakness

formed

planes formed

Conglomerate host rockGold bearing reduced fluids deposit gold l h d dil ti l j

33

along shears and dilational jogs

After Rauert, 20092014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014

Granny Smith Gold MineReplacement of ReservesReplacement of Reserves

1,400K Oz GSM Wallaby Underground Reserves and Production

1,200

800

1,000

600

200

400

‐2005 2006 2007 2008 2009 2010 2011 2012 2013

Reserves Production Cumulative Production

34

Typical Regenerative Orogenic Geology2014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014

Underground Mining


Mining MethodMining: Typical layout - Zone 90 MiningMining: Typical layout Zone 90 Mining


Granny Smith Gold MineMining: What Are We Doing To Improve?

● Optimising internal dilution with mining method

Mining: What Are We Doing To Improve?

● Controlling ore loss through drill and blast methods

● Reducing overbreak through back analysis and planning guidelines● Reducing overbreak through back analysis and planning guidelines

● Optimising recovered ounces through back analysis and pillar review

● Paste fill investigations in progress

● Mine automation options for remote bogging

● Low profile mining & extraction options – to maximise recovery of resourcesLow profile mining & extraction options to maximise recovery of resources


Granny Smith Gold mineMining: What Are We Doing To Improve?

Mining Dilution and Recovery: Z90 N 721 P1● 88% recovery of designed tonnes


● 97% recovery of designed ounces● 11% overbreak – excellent, considering 85m

combined up-dip spanscombined up dip spans

Green = Z80 S816 P2 StopeRed = stope voids



Mining Dilution and Recovery: Z80 S 816 P2● 90% recovery of designed tonnes


● 91% recovery of designed ounces● 11% overbreak – much of which continued

from up-dip stopefrom up dip stope

Green = Z80 S816 P2 StopeRed = stope voids

● Dual horizontal rise trialled on same section – eliminated 20m of conceptual developmentdevelopment



Slot Development Reduction● 2nd of 4 trial blind horizontal rises have been


fired with excellent results● Demonstrated that slot drives

up to 12m long can be eliminatedup to 12m long can be eliminated● 14m and 16m rises to be trialed


Granny Smith Gold MineMining: What Are We Doing To Improve?Mining: What Are We Doing To Improve?

Recovery of Designed Ounces

● History of approx 85%-87% mine recovery

● Focus on technical drilling & blasting to achieve

+90% recovery:

Investigation into dumping technique

on longhole rigs to create better

breakout angles at stope extremitiesbreakout angles at stope extremities

(where we are experiencing the highest

underbreak in our flat stopes)p )

Subdrilling of stope footwalls

More attention to shaping techniques at

design stage to provide more accurate

design shape (i.e. rounded corners)



Planned Dilution● Have maintained a minimum cumulative


reduction in planned dilution of 10% sinceNov. 2013 while keeping designed ouncesconsistent (i e not dropping ounces to shred

Tonn

es

consistent (i.e. not dropping ounces to shredplanned dilution)

● Approval given to trial mining method● Approval given to trial mining method designed to eliminate footwall dilution

● Utilises the drill rig capability to innovatively drill & blast the low angle y gstopes without the need for expensive waste development to set up the stope

● Design and execution of trial to begin


once model is provided by geology department.

Processing


Granny Smith Gold MineProcessing: Circuit Post Acquisition Review

Assessed 3 Process models

• 1 Closed Circuit SAG (CCS)

Processing: Circuit Post Acquisition Review

• 1. Closed Circuit SAG (CCS)• Closed circuit SAG, isolate ball mill and cyclone feed pumps and run SAG only on secondary crushed

product.• 2. SAG and Ball Mill Closed Circuit (SABC) - reduced power

• Reduce ball charge in SAG and ball mill, both crushing and mill circuits operate as normal at reduced tonnes.

• 3. SABC campaign milling• Campaign milling 350 tph SABC Secondary Crushed Feed• Campaign milling, 350 tph SABC, Secondary Crushed Feed.

Key assumptions• Budgeted throughput reduced to 350tph (from 380-400 tph) to stabilise circuit and optimise recoveryg g p p ( p ) p y• Campaigns run for ~16days per month – Opportune maintenance during downtime• Owner maintenance crews assist with small capital projects during plant shutdown• Reduce capital required for Tank refurbishment (3 Leach Tanks remain offline)• Reduced manning from 89 to 69• ROM Load and Haul – opportunity remains to reduce Crusher feed costs

44

Granny Smith Gold MineProcessing: Additional InformationProcessing: Additional Information

People• Operations – stabilised crew levels, skills and training levels improved during 2013

Restructured personnel late 2013Restructured personnel late 2013• Maintenance – reliance on outside contractors reduced, plant equipment knowledge improving

Processing Plant • Aged plant (23yrs) with significant areas at risk – Cyclone Tower, CV2A structure, cyclone

feed pumps, spirals, RO plant, tanksCapital Required

• Structural steel and concrete remediation• Leach & CIP Tank refurbishment • Ball Mill & SAG mill lube systems y• Grinding Cyclone pumps & piping

Recovery• Opportunities for improved Gravity recovery (Upfront) and/or TR circuit modifications• Opportunities for improved Gravity recovery (Upfront) and/or TR circuit modifications• Process control strategy design for crushing and grinding circuits


Granny Smith Gold MineProcessing: Grade

8.0

Processing Grade

Processing: Grade

7.0

5.0

6.0

g/t

4.0

g

2.0

3.0

0 0

1.0

46

0.0October November December January February March


Granny Smith Gold MineProcessing: Recovery

100%

Processing Recovery

Processing: Recovery

96%

98%

92%

94%

88%

90%

84%

86%

80%

82%

84%

47

80%October November December January February March


Exploration


Granny Smith Gold Mine2014 Exploration – Target Areas

● 2014 Exploration budget A$12.3M

● Wallaby and Environs:

2014 Exploration Target Areas

● Wallaby and Environs:

Resource Drilling

Wallaby Deeps

Structure Reinterpretation

Drill Testing

G S ithPlatypus Boomer

● Granny Smith:

Resource Re-interpretation

● Lake Carey: y

Geophysics (Gravity and Sub Audio Magnetics)

Target Generation Target Generation

● Keringal Targets:

Geophysics (Gravity)

49

p y ( y)

Drill testing


Granny Smith Gold MineSection Highlighting 2014 Wallaby DrillingSection Highlighting 2014 Wallaby Drilling

2013 MY Resource Wireframes vs 2014

Zone 250Zone 60

Zone 70EZone 70Z100 I fill d E t i

Planned Drilling

Zone 70EZone 70

Zone 80

Zone 90

Z100 Infill and Extensions Resource Drilling

Zone 90 Extensions

Zone 100Resource Drilling

Phase 2 – 25 m infillZ100 Step-Out Inferred Resource Drilling

Phase 2

Zone 120Zone 110

Z110-Z120 Inferred Resource Drilling

Z130-Z150 Exploration Drilling


Granny Smith Gold MineZone 90-100 Resource Definition: 2014 Q1 Program ProgressZone 90 100 Resource Definition: 2014 Q1 Program Progress

Zone 80

Zone 90400 m

Z 100

Zone 90Q4 Priority Z90

Q1-Q3 Priority Z100Zone 100

Hole ID From To Length Grade Zone Hole ID From To Length Grade Zone• Detailed Resource Definition drillZone 100 Significant Intercepts Q1 (>14 G-M)

Q1 Q3 Priority Z100

Hole ID From To Length Grade ZoneWB2858UD 168.03 173.19 5.16 19.00 Z100WB2860UD 163.90 168.30 4.40 5.42 Z100WB2861UD 174.14 183.58 9.44 6.76 Z100 MainWB2862UD 167.16 170.27 3.11 5.94 Z100 Main

200.83 202.03 1.20 12.20 Z100 FWWB2882UD 241.77 243.64 1.87 11.35 Z100 HW

Hole ID From To Length Grade ZoneWB2897UD 151.10 156.10 5.00 4.86 Z100

162.82 166.75 3.93 10.62 Z100190.51 195.92 5.41 5.36 Z100FW

WB2898UD 156.43 166.00 9.57 6.18 Z100175.64 177.96 2.32 6.75 Z100

WB2899UD 155.33 162.30 6.97 10.06 Z100

• Detailed Resource Definition drill schedule created early Q1

• Areas of highest potential and LOM necessity prioritised in schedule

WB2892UD 262.71 263.72 1.01 17.80 Z100 HWWB2863UD 172.75 177.47 4.72 10.48 Z100

180.43 181.13 0.70 41.21 Z100WB2864UD 167.00 172.41 5.41 5.03 Z100WB2866UD 167.00 167.79 0.79 24.70 Z100WB2867UD 164.64 167.07 2.43 12.34 Z100

221 90 226 69 4 79 11 63 Z100FW

166.00 172.48 6.48 9.57 Z100WB2933UD 165.29 169.43 4.14 17.78 Z100WB2808UD 126.69 127.48 0.79 59.10 Z100

132.86 134.30 1.44 51.84 Z100WB2821UD 190.21 194.25 4.04 12.87 Z100

217.30 220.68 3.38 5.20 Z100HWWB2840UD 190 30 193 46 3 16 6 71 Z100

• Zone 100 resource definition drilling generally confirming or upgrading the existing resource

51

221.90 226.69 4.79 11.63 Z100FW231.75 236.03 4.28 8.80 Z100FW242.07 244.45 2.38 6.04 Z100FW

WB2868UD 168.18 169.30 1.12 20.10 Z100185.61 193.17 7.56 9.77 Z100

WB2840UD 190.30 193.46 3.16 6.71 Z100WB2848UD 198.31 199.97 1.66 11.94 Z100WB2883UD 245.52 252.18 6.66 25.86 Z100WB2884UD 202.88 207.89 5.01 6.98 Z100HW

231.31 235.33 4.02 5.06 Z100


Granny Smith Gold MineZone 100 Phase 2 Step-Out Exploration: 2013 Results and 2014 Program Plan

2014 Planned Drill Holes

Zone 100 Phase 2 Step Out Exploration: 2013 Results and 2014 Program Plan

WBD012UD7.33m @ 7.10g/t

WBD013UD10.5m @ 5.37g/tWB2790UD

1.77m @ 9.10g/t3 89m @ 4 75g/t

WBD001UD8m @ 21.63g/t

WBD002UD10.9m @ 5.29g/t

3.89m @ 4.75g/t

2014 TARGET AREA

52

N100m Grid


Granny Smith Gold MineZone 100 Phase 2 Step-Out Exploration: 2014 Program Progress

2014 Completed Drill Holes

Zone 100 Phase 2 Step Out Exploration: 2014 Program Progress

NSA = No Significant

● Seven drill holes for 2,992m completed in Q1 2014

WBD019UD3.40 m @ 14.06 g/t

@

Significant Assay

WBD020UD3.05m @ 8.72g/t

@Z100

WBD021UD4.56 m @ 5.65 g/t

@Z100

@Z100

WBD015UD

CONFIRMED RESOURCE EXTENSION AREA

WBD018UD6.24m @ 14.50g/t

@Z100WBD015UDAnomalous Z90 alteration

1.77m @ 8.23g/t Z90NSA @ Z100

N

@ g@Z100

WBD016UDStrongly Mineralised IMZ

WBD017UDAnomalo s Z90 alteration

53

N100m Grid

Strongly Mineralised IMZ4.34m @ 15.77g/t below

Z100

Anomalous Z90 alteration4.86m @ 4.13g/t Z90

NSA @ Z100


Wallaby Z110-120: 2013 Status

Granny Smith Gold Mine

Plan View

100m Grid

WBD010UD

Wallaby Z110-120: 2013 Status

Resource Drilling of Zones 110/120

● Increase Z110/120 from 78 Koz to 1 0 Moz

WBD012UD

WBD011UD

2.85m @ 10.04g/t

WBD009UD

2 8m @ 4 32g/t

2.1m @ 5.0g/tZone 110

80Koz Resource

300m x 150m

● Increase Z110/120 from 78 Koz to 1.0 Moz

● Add Z110/120 back into business plan

WBD012UD

17.8m @ 6.74g/t

Including

5.1m @ 13.2g/t

2.8m @ 4.32g/t

Result Confirmed Resource Model

WBD013UD

10.4m @ 5.04g/tWBD014UD

Z110 Resource/Drilling Status (June 13)

10.4m @ 5.04g/tWBD014UD

9.2m @ 7.3g/tPlan View

100m Grid

WBD011UD

3.1m @ 5.24g/tWBD009UD

3 45m @ 11 98g/t

WBD010UD

2.0m @ 4.4g/t

View North

WBD013UD

5.0m @ 10.2g/t

5.9m @ 6.0g/t

WBD012UD

11.5m @ 4.84g/t

3.45m @ 11.98g/t

2013 Resource Additions

WBD014UD

5.0m @ 12.9g/t

4 1m @ 6 2g/t

54

2010 MOY Resource plus Drill Holes

Additions4.1m @ 6.2g/t

Z120 Resource/Drilling Status (June 13)


Granny Smith Gold MineWallaby Z110/120 Q1 Resource Updatey p

• “Potential” Resource increases of +300 koz Inferred resources plus 50 koz Potential resources (up from

Zone 250/60

December 2013 Undepleted Global Resource of 78koz for Z110 only).

• Resource to be updated in Q3 following completion of

Zone 80

Zone 70 exploration drilling

Zone 90

Zone 100

Zone 110-120


Granny Smith Gold MineZone 130 - Zone 150 Exploration: 2014 Q1/2 Program ProgressZone 130 Zone 150 Exploration: 2014 Q1/2 Program Progress

● Six drill holes to Z150 planned for 2014 – first complete,

d i iti Zone 250Zone 60

Zone 70

Z 80

second in awaiting assays

Depth 1.8

Intrusive

Zone 80

Zone 90Depth 1.8 km

Zone 100

Zone 120Zone 110 First deep drill hole

intercepted two zones ofmineralisation below Z120

Zone 130 - 1.44m @ 13.11 g/t

Zone 140 – 2.54m @ 2.94 g/t

Revised Target Area

Initial Target Area

56

View to South-West

WBD022UD – First 2014 Deep DH



Zone 250Zone 60

Zone 70

Z 80Intrusive

Zone 80

Zone 90Depth 1 8

Zone 100

Z 120Zone 110

Depth 1.8 km8.0m @ 4.31 g/t

2.63m @ 5.81 g/t

Zone 120

2.7m @ 6.8 g/t

(15.3m @ 3.55g/t)

2.82m @ 6.3 g/t

1.44m @ 13.11 g/t

2.54m @ 2.94 g/t9.36m @ 12.21 g/t

1.83m @ 41.55 g/t

( g )

57

View to South-WestWBD031UD WBD022UD

g@ g/

2.5m @ 8.58 g/t 2014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014


Zone 250Zone 60

Zone 70

Z 80Intrusive

Zone 80

Zone 90Depth 1 8

Zone 100

Z 120Zone 110

Depth 1.8 km8.0m @ 4.31 g/t

2.63m @ 5.81 g/t

Zone 120

2.7m @ 6.8 g/t

(15.3m @ 3.55g/t)

2.82m @ 6.3 g/t

1.44m @ 13.11 g/t

2.54m @ 2.94 g/t9.36m @ 12.21 g/t

1.83m @ 41.55 g/t

( g )

58

View to South-WestWBD031UD

g

WBD022UD

@ g/

2.5m @ 8.58 g/t 2014 Analyst Visit - Granny Smith Gold Mine | Stuart Mathews| July 2014

Granny Smith Gold MineKeringal Exploration Program

400m

Keringal Open-pitKPGRCD001 MWD056

S N 16 km SE of Granny Smith

High grade south plunging shoot beneath Keringal pit.

g p g

350m

300m 30m @ 1.34 g/t Au

Targeting shallow high grade shoot ~250 Koz.

Potential for repeats along

250m

MAFIC VOLC.

20m @ 15.27 g/t Austrike off the Keringal Shear

200m

150m

EOH 306.1m

N

100m

50m

50m ULTRAMAFIC

13m @ 7.7 g/t Au

EOH 474.7m

Sect

ion

S


Granny Smith Gold MinePlatypus Exploration Program

Exploration drilling of up-dip projection of Wallaby Lodes to Orc mineralisation

yp p g

1,800 m RC/diamond drilling

3 drill holes

1 2 M t t 1-2 Moz target

A’

TARGET AREA

A

60

2010 MOY Resource plus Drill Holes


Meters

Granny Smith Gold MineBoomer Exploration Programp g

Exploration drilling for Wallaby type deposit beneath Wedge Fault mineralisation

1,000 m RC/diamond drilling

2 drill holes 2 drill holes

1-2 Moz target

Target areaApproximately

MERCD0070

Approximately 300m from surface

H. Platt 2013


Granny Smith Gold MineLake Carey Geophysics (Detailed Mag & SAM Surveys)y p y ( g y )

Granny Smith

• Generation of drill targets on Lake Carey Orc:

Up dip projection of Wallaby Lodes

Wallaby

Tail Pipe:

• Review previous (Placer) exploration

• CompleteN trending shear and intrusiveGranny Smith Style Target

Complete detailed gravity

• Targeted SAM surveys

Dallas South:9m @ 3.22g/tRed October Style Target

Alabama:11m @ 1.84g/t10m @ 0.92g/t5m @ 2.55g/t

Raw Prawn:10m @ 1.22g/tWallaby Style Target

10m 1.60 g/tWallaby Style Target

Providence:S i St l T t

Sunrise

Sunrise Style Target

10 k


10 km

What are our future expectations?


Granny Smith Gold Mine

• A world class GFI franchise asset with an excellent strategic fit to the Group

• Ore body support for consistent Reserve replacement and growth from lateral and depth extensions• Ore body support for consistent Reserve replacement and growth from lateral and depth extensions

• We can see a life of at least 10 years, with upside potential for more

The Granny Smith future expectation is:

• Deliver stable and low risk operations

• Deliver a consistent 15% FCF margin on the current orebody

• Deliver on significant near mine and regional exploration potential

• Deliver on site full potential

• Deliver long life• Deliver long life


A World Class GFI Franchise Asset

Gold Fields Australia – Granny Smith Gold MineSTUART MATHEWSSTUART MATHEWSGeneral Manager16th July 2014

Documents

Gold Fields Australia Site Visit: Granny Smith Gold Mine · Forward looking statements Certain statements in this document constitute “forward looking statements” within the meaning