TELFER

Vision Newcrest’s vision is to be the Miner of choiceTM for all stakeholders including our employees and contractors, the communities in which we operate and our shareholders. Social responsibility, safety and sustainability are the fundamental guideposts to our vision.

Location History The Telfer operation is located in the Telfer was originally discovered Construction of the new operation after an intensive exploration to exploit the primary deposits region of . It and resource drilling program commenced in early 2003. is approximately 400 kilometres east- undertaken by Newmont from The Telfer open pit started south-east of Port Hedland and 1,300 1972 to 1975. production in 2004 and Telfer kilometres by air or 1,900 kilometres by Telfer was then developed and underground in 2006. road from Perth. operated by an unincorporated joint venture between Newmont Ownership Australia Limited and BHP Limited until 1990 when Telfer is 100% owned by Newcrest. Newmont merged with BHP Gold Limited to become Newcrest Operations Mining Limited. Exploration and mining continued at Telfer until Telfer produces gold doré and a October 2000 when the operation -gold concentrate. was suspended due to oxide Mining is currently being recoveries being exhausted. undertaken in the Main Dome Newcrest completed a open pit and Telfer underground comprehensive feasibility study deposits. There are a number in 2002 which established an of other prospective gold and optimum strategy for the mining poly-metallic deposits within the and processing of ore from the existing mining and exploration surface and underground. tenements.

Telfer May 2015 www.newcrest.com.au For the year ending June 2014, 536,342 Safety and health Economic contribution ounces of gold and 25,506 tonnes of copper were produced. Telfer is committed to the health and Telfer creates economic value for safety of its employees. Telfer provides a Western Australia and local communities range of education, training, counselling, in a number of ways, including Environment prevention, and risk-control programs employment, direct revenues from to assist employees, their families, and operations, investments in public Newcrest understands how integral the community members. infrastructure and services, support for environment is to its business and has local suppliers and a range of indirect strong systems and policies in place to Families are a key focus at Telfer and economic benefits. minimise and manage impacts. special attention is paid to the needs of families of ‘fly-in, fly-out’ (FIFO) Telfer is conscious of demonstrating Telfer’s environmental priorities include flora Newcrest’s commitment to the local and fauna, land and water, air and noise, employees. community. Due to Telfer’s remote location, waste, rehabilitation and planning for it can be difficult to source the required mine closure. Local hiring, training and goods and services from local suppliers. development While some goods and services come from Mining and ore processing Port Hedland and , the majority is The Telfer mine is situated in the sourced from Perth. The Telfer open pit is a hard rock mining traditional lands of the . operation using conventional drill and All infrastructure development and Newcrest has an ongoing program blast and load and haul mining methods. services are provided through direct to assist the community and capacity The Telfer underground utilises sub-level consultation with the Martu, their development. Newcrest also provides cave mining with selective mining of the communities and their community a range of training and employment high grade reefs. management personnel. opportunities to the Martu communites The Telfer concentrator uses a dual through the Telfer Aboriginal Training and Newcrest and the Martu are negotiating train comminution circuit, followed Employment Strategy (TATES). an Indigenous Land Use Agreement by flotation and cyanide circuits. The which will underpin our ongoing TATES has resulted in more than 400 process is complex because of the need relationship. indigenous people, primarily members of to accommodate differing ore types. the local Martu community, participating Copper-gold concentrates produced on in training and employment programs. site are filtered to produce a dewatered Some participants have since been concentrate. This concentrate is trucked employed by Newcrest, and others to Port Headland for export. have gained employment with other organisations.

CONTACT Rachel Eaves www.newcrest.com.au Corporate Affairs T: + 61 3 9522 5593 E: [email protected]