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Towards an Affordable, Stable Electricity Supply MISSION CRITICAL FOR SOUTH AFRICA. Public Presentation To NERSA by Nick Holland Chief Executive Officer Gold Fields Limited 22 January 2010. SUSTAINABILITY IS KEY. introduction. Our Credentials. STABLE, AFFORDABLE POWER IS KEY.
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Towards an Affordable, Stable Electricity Supply MISSION CRITICAL FOR SOUTH AFRICA Public Presentation To NERSA by Nick Holland Chief Executive Officer Gold Fields Limited 22 January 2010
SUSTAINABILITY IS KEY introduction
Our Credentials STABLE, AFFORDABLE POWER IS KEY Gold Fields
Our Credentials WE ARE A COMMITTED, LONG-TERM PLAYER Gold Fields
Impact on South Africa MYPD2 NEGATIVE FOR GROWTH! MYPD2
Impact on Mining Industry MYPD2 A NAIL IN THE COFFIN MYPD2
Impact on Gold Fields JOBS AT RISK IN A LABOUR INTENSIVE INDUSTRY MYPD2
Impact on Gold Fields POWER ALREADY +2X F2008 BASE MYPD2
Impact on Gold Fields NCE = All in cost of production including capital PRE MYPD2 MARGINS ALREADY TIGHT MYPD2
Impact on Gold Fields Power as a Percentage of Working Costs and Projected Impact of MYPD2 MYPD2 COULD TIP US OVER THE EDGE MYPD2
Efficiency MANAGING DEMAND IS CRITICAL CONCLUSIONs
Price Path Certainty PRICE PATH CERTAINTY IS CRITICAL CONCLUSIONs
Government’s Role IF ESKOM FAILS, SA FAILS! CONCLUSIONs
Government’s Role BROAD-BASED TAX IS PREFERABLE CONCLUSIONs
Other Considerations REQUIRES A HOLISTIC SOLUTION CONCLUSIONs
TOGETHER WE CAN FIND A BETTER WAY CONCLUSIONS