Regis Resources Overview and Commitment to Responsible Mining

 
Independent Planning Commission - Public Hearing
Independent Planning Commission - Public Hearing
 
Blayney Community Centre – Monday 6
Blayney Community Centre – Monday 6
th
th
 February 2023
 February 2023
 
Regis Resources overview
Regis Resources overview
 
Jim Beyer, 
Jim Beyer, 
Managing Director and  Chief Executive Officer
Managing Director and  Chief Executive Officer
 
The Board, Executive and Team at Regis Resources acknowledges the local
Wiradjuri people along with Mantjintjarra 
Ngalia, Noongar, Spinifex and Wongatha
people in Western Australia as the Traditional Custodians of the lands on which our
Company currently operates and plans to develop new operations. We recognise
their ongoing connections with land, waters and community, and pay our respects
to elders past and present.
 
ACKNOWLEDGEMENT OF COUNTRY
 
REGIS PURPOSE
 
Australian Stock Exchange listed
 
4
TH
 largest gold producer on the ASX
 
Proven track record
 
Duketon a stable operation
approximately 12 years old and over
1,400 people employed
 
Tropicana is a Tier 1 long life asset
jointly (30%) owned with Anglo Gold
Ashanti  that has been running for 9
years and over 1,000 people employed
 
McPhillamys
One of Australia’s largest
undeveloped open-pittable
gold deposits
Cornerstone of Regis’
future
150-year mining history
Alignment with Regional
Plan
 
3
 
Our Values: Respect - Integrity - Teamwork – Ownership - Courage
 
To create value for our people, our communities and our shareholders by mining safely and responsibly.
 
Net Zero by 2050
-
Targets and plans for step change
reduction by 2030 to be set in FY23
-
P
hysical and financial climate change risks
factored into all investment decisions
 
Year on year progress in ESG performance across our existing operations
 
FY22 MAINTAINING OUR LICENCE TO OPERATE
 
32% increase in community
investment and support
-
Implemented cultural heritage training
 
116% increase in rehabilitated land
-
Total rehabilitated to date land
increased to 10.3%
-
Zero material environment incidents
 
4
 
* Equivalent after accounting for 30% Tropicana
 
 
THE LENGTH OF TIME REFLECTS REGIS’ COMMITMENT
 
One of Australia’s largest undeveloped open pit gold deposits
Potential to 
produce up to 200koz/yr over 10+ years
To date Regis has spent
~$300M on the project
 
5
 
Locals first recruitment
 
BENEFITS FOR BLAYNEY, THE REGION AND NSW
 
Local employment
 
Environment & water
 
Local businesses
 
Blayney community investment
 
Benefits for NSW
 
6
 
The Department notes
significance of the
project’s resource, the
increasing focus on
minerals mining
…growing demand for
raw metals (including
gold)
 
Amendments to
the project throughout the
assessment process have
resulted in substantial
reductions to the project’s
predicted amenity impacts at
nearby residences as well as
impacts on road safety,
heritage and water resources
 
 
Regis has designed the
project in a way to achieve a
practical balance between
maximising resource
recovery and minimising
associated impacts on the
surrounding landholders and
the environment through best
practice contemporary
practices and mitigation
measures
 
DPE’s ASSESSMENT REPORT AND DRAFT CONDITIONS
 
7
 
McPhillamys – responsive site design
McPhillamys – responsive site design
 
Tony McPaul, Manager – Special Projects
Tony McPaul, Manager – Special Projects
 
9
 
COMMUNICATION AND CONSULTATION
*
 
1,117
Individual meetings
 
2,739
Phone calls
 
40+
C
ommunity group presentations
 
98
Blayney Chronicle fortnightly updates
 
4,407
21 editions of community
 newsletter
delivered to 4,407 households (Blayney LGA)
 
20
Community Consultative
Committee meetings
 
*Since 2018
 
CONTINUALLY IMPROVED PROJECT DESIGN
Pit and southern amenity
bunds
Removal of western waste
rock emplacement and
administration area
Processing plant screened by
topography
Mining fleet with reduced
noise levels
Relocation of site access
Revision of mine and waste
rock emplacement schedule
Minimise impact on Box Gum
Woodland through revised TSF
design
Avoidance of historic
“Hallwood” Farm Complex
Avoidance of 
Biophysical
Strategic
 Agricultural Land
Amendments to maximise
clean water diversion
 
Avoid
 
Minimise
Mitigate
 
 
 
Key areas where design has been
refined and improved include:
Waste rock emplacement
Site access road
Water management facilities
Surface water management
Open Pit Schedule
Process plant layout
 
10
 
MANAGEMENT OF OTHER KEY COMMUNITY CONCERNS
 
Noise:
Individual mitigation agreements
Activity restrictions/equipment/design
Monitoring and reporting commitment
 
Visual Amenity
100,000+ trees to be planted with 10,000 to
date
Individual mitigation agreements
Rehabilitation planning
 
Air Quality
Progressive rehabilitation
Dust suppression controls
Individual mitigation agreements
Monitoring and reporting commitment
 
11
 
Aboriginal Cultural Heritage:
Consultation and surveys undertaken with
local Indigenous community
All identified sites assessed and recorded
Management, monitoring and reporting
commitment
 
Biodiversity:
3 areas of focused biodiversity improvement
Box Gum area tree planting for bee
foraging and koala habitat
Belubula river improvement programme
Aziel property improvements e.g. tree
planting
 
WATER
 
12
 
During operation, McPhillamys does not need water from the local catchment
The water supply pipeline is capable of supplying all operational requirements
As a nil discharge site, all rainwater that falls on disturbed areas at the mine will be recycled
NSW Government confirms there is a pathway to secure all required water licences under NSW water
legislation
 
CLOSURE & A POSITIVE LEGACY
 
13
The Department considers that, subject to
conditions, the project could be undertaken
in a manner that would result in acceptable
short-term impacts on biodiversity values
and the proposed offsets would result in
improved biodiversity outcomes in the
medium to long term.”
 
M
a
j
o
r
 
i
m
p
r
o
v
e
m
e
n
t
s
 
t
o
 
b
i
o
d
i
v
e
r
s
i
t
y
 
i
n
t
h
r
e
e
 
a
r
e
a
s
:
384ha to the south of Blayney (Aziel)
105ha on the Belubula River within the
project area
22ha of Box Gum Woodland
 
C
l
o
s
u
r
e
 
&
 
f
i
n
a
l
 
l
a
n
d
f
o
r
m
Create a safe, stable, & non-polluting
landform suitable for grazing in combination
with some woodland areas
94% of the disturbed area will be returned
to agriculture
 
Locals first recruitment
Education and training
Job ready 
support
Keep locals 
in Blayney
 
BENEFITS FOR BLAYNEY, THE REGION AND NSW
 
Local employment
480
 construction jobs
260
 mine operation jobs
120
 pipeline construction jobs
 
Environment & Water
+100,000
 
trees to be planted 10,000 to date
Strengthened 
Biodiversity outcomes
Legacy
 infrastructure eg water pipeline
 
Local businesses
Procurement
 opportunities
Flow on benefits from
$67m 
direct and indirect
household income
 
Blayney Community investment
$80,000 
invested in local groups 21/22
>$200,000 
invested since 2016
$4m+ 
VPA for local infrastructure and services
Multi-$million 
contribution through shire rates
 
Benefits for NSW
$244m 
net benefit to NSW
$56m 
royalties to NSW
Federal
 taxes
 
14
 
STRONG COMMUNITY SUPPORT
 
Hundreds of positive written submissions from
people in the Blayney LGA
Community sentiment research in October 2022
It showed that, after being given information
about McPhillamys:
70% 
of Blayney LGA participants supported or
strongly supported the project
15% 
of Blayney participants were neutral
15% 
of Blayney participants were opposed
 
“…more jobs, stimulating the
economy and giving back to the
community in general…it'll be good
for the future of the area…”
Participant comment
 
15
 
McPHILLAMYS GOLD PROJECT
 
16
 
We will provide significant benefits to the local
region and the State of NSW
 
Our design has evolved through our continuous
improvement approach including feedback from
community and government agencies
 
We value the strong community support and
are committed to working together for the long-
term
Regis looks forward to creating
value for 
our people, our
communities and our shareholders
by mining safely and responsibly
.
 
“On balance, the Department considers the benefits of the
project outweigh its residual costs and that the project is in
the public interest and is approvable, subject to the strict
conditions of consent.”
 
ASSESSMENT REPORT CONCLUSION
 
17
 
– DPE Assessment Report Executive Summary
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Regis Resources, a leading Australian mining company, values respect, integrity, teamwork, ownership, and courage. They prioritize safety, environmental sustainability, community engagement, and stakeholder value. Regis acknowledges and respects the Traditional Custodians of the lands they operate on. With a proven track record and a commitment to sustainable practices, Regis aims to create value for its people, communities, and shareholders while maintaining a social license to operate and striving for net zero emissions by 2050.

  • Regis Resources
  • Responsible Mining
  • Sustainable Practices
  • Community Engagement
  • Traditional Custodians

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  1. Independent Planning Commission - Public Hearing Blayney Community Centre Monday 6th February 2023

  2. Regis Resources overview Jim Beyer, Managing Director and Chief Executive Officer

  3. 2 ACKNOWLEDGEMENT OF COUNTRY The Board, Executive and Team at Regis Resources acknowledges the local Wiradjuri people along with Mantjintjarra Ngalia, Noongar, Spinifex and Wongatha people in Western Australia as the Traditional Custodians of the lands on which our Company currently operates and plans to develop new operations. We recognise their ongoing connections with land, waters and community, and pay our respects to elders past and present.

  4. 3 REGIS PURPOSE To create value for our people, our communities and our shareholders by mining safely and responsibly. Our Values: Respect - Integrity - Teamwork Ownership - Courage Australian Stock Exchange listed McPhillamys One of Australia s largest undeveloped open-pittable gold deposits 4TH largest gold producer on the ASX Proven track record Cornerstone of Regis future Duketon a stable operation approximately 12 years old and over 1,400 people employed 150-year mining history Alignment with Regional Plan Tropicana is a Tier 1 long life asset jointly (30%) owned with Anglo Gold Ashanti that has been running for 9 years and over 1,000 people employed

  5. FY22 MAINTAINING OUR LICENCE TO OPERATE 4 Year on year progress in ESG performance across our existing operations Group LTIFR reduced to 0.6 - 70% below industry average Our People - 398 direct employees (+1,600 indirect*) - $71m direct salary and wages in FY22 - 22% female employees - above industry average Net Zero by 2050 - Targets and plans for step change reduction by 2030 to be set in FY23 - Physical and financial climate change risks factored into all investment decisions 32% increase in community investment and support - Implemented cultural heritage training 116% increase in rehabilitated land - Total rehabilitated to date land increased to 10.3% - Zero material environment incidents * Equivalent after accounting for 30% Tropicana

  6. THE LENGTH OF TIME REFLECTS REGIS COMMITMENT 5 One of Australia s largest undeveloped open pit gold deposits Potential to produce up to 200koz/yr over 10+ years Life-of- mine 10+ years 2012 Regis acquires McPhillamys for ~$150M 2013 Baseline investigations and monitoring commence 2014 Regis announces large open-pittable gold resource 2017 Infill drilling complete Reserve Estimate 2.0Moz 2018 Preliminary Environmental Assessment (PEA) To date Regis has spent ~$300M on the project 2019 Environmental Impact Statement (EIS) 2023 Final Stages of Assessment and Determination

  7. BENEFITS FOR BLAYNEY, THE REGION AND NSW 6 Blayney community investment Local employment Local businesses Benefits for NSW Environment & water Locals first recruitment

  8. 7 DPE s ASSESSMENT REPORT AND DRAFT CONDITIONS The Department notes significance of the project s resource, the increasing focus on minerals mining growing demand for raw metals (including gold) Regis has designed the project in a way to achieve a practical balance between maximising resource recovery and minimising associated impacts on the surrounding landholders and the environment through best practice contemporary practices and mitigation measures Amendments to the project throughout the assessment process have resulted in substantial reductions to the project s predicted amenity impacts at nearby residences as well as impacts on road safety, heritage and water resources

  9. McPhillamys responsive site design Tony McPaul, Manager Special Projects

  10. COMMUNICATION AND CONSULTATION* 9 98 Blayney Chronicle fortnightly updates 1,117 Individual meetings 4,407 21 editions of community newsletter delivered to 4,407 households (Blayney LGA) 2,739 Phone calls 20 Community Consultative Committee meetings 40+ Community group presentations *Since 2018

  11. 10 CONTINUALLY IMPROVED PROJECT DESIGN Minimise impact on Box Gum Woodland through revised TSF design Avoidance of historic Hallwood Farm Complex Key areas where design has been refined and improved include: Amendments to maximise clean water diversion Waste rock emplacement Processing plant screened by topography Site access road Water management facilities Surface water management Open Pit Schedule Avoidance of Biophysical Strategic Agricultural Land Mining fleet with reduced noise levels Process plant layout Removal of western waste rock emplacement and administration area Revision of mine and waste rock emplacement schedule Pit and southern amenity bunds Avoid Relocation of site access Minimise Mitigate

  12. MANAGEMENT OF OTHER KEY COMMUNITY CONCERNS 11 Noise: Individual mitigation agreements Biodiversity: Activity restrictions/equipment/design 3 areas of focused biodiversity improvement Monitoring and reporting commitment Box Gum area tree planting for bee foraging and koala habitat Visual Amenity Belubula river improvement programme 100,000+ trees to be planted with 10,000 to date Aziel property improvements e.g. tree planting Individual mitigation agreements Aboriginal Cultural Heritage: Rehabilitation planning Consultation and surveys undertaken with local Indigenous community Air Quality All identified sites assessed and recorded Progressive rehabilitation Management, monitoring and reporting commitment Dust suppression controls Individual mitigation agreements Monitoring and reporting commitment

  13. 12 WATER During operation, McPhillamys does not need water from the local catchment The water supply pipeline is capable of supplying all operational requirements As a nil discharge site, all rainwater that falls on disturbed areas at the mine will be recycled NSW Government confirms there is a pathway to secure all required water licences under NSW water legislation

  14. CLOSURE & A POSITIVE LEGACY 13 Major improvements to biodiversity in three areas: 384ha to the south of Blayney (Aziel) 105ha on the Belubula River within the project area 22ha of Box Gum Woodland Closure & final landform Create a safe, stable, & non-polluting landform suitable for grazing in combination with some woodland areas 94% of the disturbed area will be returned to agriculture The Department considers that, subject to conditions, the project could be undertaken in a manner that would result in acceptable short-term impacts on biodiversity values and the proposed offsets would result in improved biodiversity outcomes in the medium to long term.

  15. BENEFITS FOR BLAYNEY, THE REGION AND NSW 14 Blayney Community investment $80,000 invested in local groups 21/22 >$200,000 invested since 2016 $4m+ VPA for local infrastructure and services Multi-$million contribution through shire rates Local employment 480 construction jobs 260 mine operation jobs 120 pipeline construction jobs Local businesses Procurement opportunities Flow on benefits from $67m direct and indirect household income Benefits for NSW $244m net benefit to NSW $56m royalties to NSW Federal taxes Environment & Water +100,000 trees to be planted 10,000 to date Strengthened Biodiversity outcomes Legacy infrastructure eg water pipeline Locals first recruitment Education and training Job ready support Keep locals in Blayney

  16. STRONG COMMUNITY SUPPORT 15 Hundreds of positive written submissions from people in the Blayney LGA Community sentiment research in October 2022 It showed that, after being given information about McPhillamys: 70% of Blayney LGA participants supported or strongly supported the project 15% of Blayney participants were neutral more jobs, stimulating the economy and giving back to the community in general it'll be good for the future of the area 15% of Blayney participants were opposed Participant comment

  17. 16 McPHILLAMYS GOLD PROJECT We will provide significant benefits to the local region and the State of NSW Our design has evolved through our continuous improvement approach including feedback from community and government agencies We value the strong community support and are committed to working together for the long- term Regis looks forward to creating value for our people, our communities and our shareholders by mining safely and responsibly.

  18. 17 ASSESSMENT REPORT CONCLUSION On balance, the Department considers the benefits of the project outweigh its residual costs and that the project is in the public interest and is approvable, subject to the strict conditions of consent. DPE Assessment Report Executive Summary

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