TELFER

Mission To deliver superior returns Vision To be the Miner of choiceTM. from finding, developing and operating We will lead the way in safe, responsible, / mines. efficient and profitable mining.

Location History The Telfer operation is located in the Telfer was originally discovered Construction of the new operation region of . after an intensive exploration to exploit the primary deposits and resource drilling program commenced in early 2003. It is approximately 400 kilometres undertaken by Newmont from The Telfer open pit started east-south-east of Port Hedland and 1972 to 1975. production in 2004 and Telfer 1,300 kilometres by air or 1,900 Telfer was then developed and underground in 2006. kilometres by road from Perth. operated by an unincorporated joint venture between Newmont Ownership Australia Limited and BHP Gold 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 October 2000 when the operation a copper-gold concentrate. was suspended due to oxide For the year ending June 2015, recoveries being exhausted. 520,309 ounces of gold and Newcrest completed a 23,119 tonnes of copper were comprehensive feasibility study produced. in 2002 which established an optimum strategy for the mining and processing of ore from the surface and underground.

Telfer December 2015 www.newcrest.com.au Environment Safety and health Economic contribution Newcrest understands how integral the Telfer is committed to the health and Telfer creates economic value for environment is to its business and has safety of its employees. Telfer provides a Western Australia and local communities strong systems and policies in place to range of education, training, counselling, in a number of ways, including direct minimise and manage impacts. prevention, and risk-control programs revenues from operations, employment, to assist employees, their families, and investments in public infrastructure and Telfer’s environmental priorities include flora community members. services, support for local and regional and fauna, land and water, air and noise, suppliers and a range of other indirect waste, rehabilitation and planning for Families are a key focus at Telfer and economic benefits. mine closure. special attention is paid to the needs of families of ‘fly-in, fly-out’ (FIFO) employees. All infrastructure development and Mining and ore processing services are provided through direct consultation with the Martu, their The Telfer open pit is a hard rock mining Local hiring, training and communities and their community operation using conventional drill and development management personnel. blast and load and haul mining methods. The Telfer mine is situated in the In December 2015 Newcrest signed an The Telfer underground utilises sub-level traditional lands of the . Indigenous Land Use Agreement with cave mining with selective mining of the the Martu people who are the traditional high grade reefs. Newcrest has an ongoing training and employment program to assist owners of the land surrounding the The Telfer concentrator uses a dual the community and develop capacity. Telfer gold mine in Western Australia’s train comminution circuit, followed Newcrest also provides a range of Pilbara region. by flotation and cyanide circuits. The training and employment opportunities The agreement will provide $18 million process is complex because of the need to the Martu communities in Telfer. over five years for the benefit of Martu, to accommodate differing ore types. Telfer’s training and employment program followed by a revenue based payment Copper-gold concentrates produced on has resulted in more than 400 indigenous from mining in the agreement area. It site are filtered to produce a dewatered people, primarily members of the local commits Newcrest to providing practical concentrate. This concentrate is trucked Martu community, participating in a support to improve the quality of life to Port Headland for export. variety of training programs. for Martu, including in the areas of training, employment and contracting, Many participants have since been and logistical support. It also provides employed by Newcrest, and others for ongoing heritage protection for areas have gained employment with other of special significance. organisations.

CONTACT Newcrest Corporate Affairs www.newcrest.com.au

T: + 61 3 9522 5593 E: [email protected]