Murray & Roberts — Investor Day (June 2022)
20 slides from Murray & Roberts's investor day presentation, Jun 22, 2022
Slide 1: Mining Platform Presentation – Investor Day
MINING PLATFORM PRESENTATION INVESTOR DAY M. DA COSTA 22 JUNE 2022
Slide 2: Presentation Overview
PRESENTATION OVERVIEW Mike da Costa Platform Overview Market Overview & Strategy Order Book & Key Opportunities Current Projects Key Risks Presentation Takeaways 2
Slide 3: Platform Overview
PLATFORM OVERVIEW VENETIA DIAMOND MINE – SOUTH AFRICA 3
Slide 4: Platform Overview
PLATFORM OVERVIEW Rouyn-Noranda Vancouver Sudbury North Bay Salt Lake City Hong Kong Eric Smith Accra Americas Greg Miller Australasia Kitwe Johannesburg Kalgoorlie Perth Mike Wells Africa Current/recent projects Tendering projects Offices 4
Slide 5: Market Overview & Strategy
MARKET OVERVIEW & STRATEGY EDNA MAY PROJECT – WESTERN AUSTRALIA 5
Slide 6: Commodity Pricing Outlook
COMMODITY PRICING OUTLOOK STRONG PRICE OUTLOOK FOR ALL MAJOR COMMODITIES EXPECTED TO DRIVE GROWTH IN MINING ACTIVITY WITH EMPHASIS ON BROWNFIELDS EXPANSION, PRODUCTION OPTIMISATION AND RESTARTS Gold Prices, US$/oz Nickel Prices, US$/t Platinum Prices, US$/oz 2 000 25 000 2 000 1 500 20 000 1 500 15
Slide 7: Market Outlook: Contract Mining
MARKET OUTLOOK: CONTRACT MINING CONTINUED GROWTH IN AUSTRALIAN AND OTHER MAJOR CONTRACT MINING MARKETS EXPECTED. FURTHER SIGNIFICANT CHANGES EXPECTED ACROSS RANGE OF DIMENSIONS INCLUDING BUSINESS, OPERATING MODELS AND TECHNOLOGY Dimension Potential changes next 5-10 years Australian Contract Mining
Slide 8: Competitive Environment
COMPETITIVE ENVIRONMENT Competitor Key Level of competitiveness is increasing with Geographies major Services and becoming more global to mining services providers aggressively expanding better leverage scale, knowledge and services • Surface Mining • Underground Mining • Shaft Sinking • Underground
Slide 9: Strategic Insights
STRATEGIC INSIGHTS EXTENDED LEADERSHIP TEAM ALIGNED ON NEED FOR AN INTEGRATED GLOBAL MINING BUSINESS TO LEVERAGE SCALE AND COMPETE EFFECTIVELY. THIS MEANS TRANSITIONING TO SINGLE GLOBAL BRAND, SINGLE EXECUTIVE TEAM AND SINGLE BALANCE SHEET Co-Design Workshop Objective: Move the dial through working
Slide 10: Order Book & Key Opportunities
ORDER BOOK & KEY OPPORTUNITIES FREEPORT MINE – INDONESIA 10
Slide 11: Order Book
ORDER BOOK ROBUST RECOVERY IN ORDER BOOK CLOSE TO PRE-PANDEMIC LEVELS 25 20 • Good order book recovery to levels close to that of the pre-COVID period 15 • Robust pipeline of projects will support further growth in the order book over the next 12 to 18 months 10 • Most commodity prices are forecast
Slide 12: Key Opportunities
KEY OPPORTUNITIES ROBUST PIPELINE OF NEAR TERM OPPORTUNITIES Project Estimated Value Status Estimated Start (R 000) De Beers Venetia, Limpopo, South Africa – 1 500 000 Near Order Q2 FY23 Mine development and construction IvanPlats Shaft 2 sinking, Limpopo, South Africa 1 300 000 Near Order Q2 FY23 C
Slide 13: Current Projects
CURRENT PROJECTS TUMELA MINE RAISEBORE – SOUTH AFRICA 13
Slide 14: RUC Cementation
RUC CEMENTATION Freeport – Grasberg Mine, Indonesia Labour rates contract with variable fee and incentives. Scope includes; • Ground Support Contract - GBC Cabolting, DMLZ Cabolting, DOZ Cabolting and other ground support • Construction Works - GBC Chute construction, ore pass lining, chute maintena
Slide 15: Murray & Roberts Cementation
MURRAY & ROBERTS CEMENTATION Venetia, Limpopo, South Africa Scope includes: 1.Detailed Design of Headworks, Sinking Plant, Permanent Hoisting Plant, Shaft, Furnishings and Conveyances 2.Construction of Temp Headworks, Hoistrooms & Sinking Plant 3.Portal access to the Underground Workings ► 9 degree
Slide 16: Cementation Americas
CEMENTATION AMERICAS ODP Project, Ontario, Canada Scope includes: Headworks & Shaft Sinking 7m Diameter 1480m deep Winze (Internal Shaft) for Glencore’s Onaping Deep Mine to provide Internal Shaft Access to the Onaping Depth (OD) zone below the existing Craig Mine: ► Engineering & both temporary & p
Slide 17: Terra Nova Technologies
TERRA NOVA TECHNOLOGIES Freeport-McMoran Morenci Project, Arizona, USA Scope includes: Complete design supply and construction. ► Scope of Supply: 6000 TPH Heap Leach Stacking System. ► Construction: Erection, installation and commissioning of complete project. ► Key Account: Repeat customer (4 oper
Slide 18: Key Risks
KEY RISKS • Major safety incident disrupts a major project for an extended period • Not maintaining schedule and margin on major projects, resulting in a negative impact on revenue and earnings • Sudden and significant mining investment growth creates a chronic skills shortage, resulting in inabilit
Slide 19: Presentation Takeaways
PRESENTATION TAKEAWAYS • Good recovery in the platform order book to levels very close to pre-COVID supporting robust recovery in earnings for FY2023 and beyond • The contracting market is expected to grow over the medium term as mine owners are investing now to catch up on investment that was defer
Slide 20: Mining Platform Presentation – Investor Day
MINING PLATFORM PRESENTATION INVESTOR DAY M. DA COSTA 22 JUNE 2022 This presentation is available on www.murrob.com EXCELLENCE