Scale to develop a new district
• Large land holding 2,456km2
covering newly discovered Ni-Cu
province within the Yilgarn
Craton.
• Northern extension of the
Forrestania Belt
• 370km to the north - east of
Perth, Western Australia
• Significant pipeline of targets -
over 30 targets in 6 zones over a
large tenement area
• Early Exploration Success over
two prospects
ASX:NIM | nimy.com.au
4
New WA Greenstone Belt
• Historically interpreted as granite
• Previous exploration targeted gold
multiple shallow ultramafic
intersections
• Nimy Resources R/C drilling identified
geological setting mafic/ultramafic
rock sequence with Kambalda style
komatiite flow structures
• New WA Yilgarn greenstone belt
• Aggressive exploration program
focused on systematically exploring
and developing a pipeline of prospects
ASX:NIM | nimy.com.au
Nickel Focus with Regional Step Out
• Interpreted 80km contiguous strike
(R/C + historic A/C, RAB, geophysics,
surface soil and rock chip)
• Nickel, copper, gold, cobalt, REE and
lithium indications
• Target priority nickel - massive and
disseminated nickel sulphide
• A pipeline of over 30 nickel
prospects within 6 target zones has
been developed
ASX:NIM | nimy.com.au
6
World View - NiS Projects – Undeveloped Mineral
Resources
ASX:NIM | nimy.com.au Source: S&P Global Market Intelligence, Terra Studio. Bubble size according to the metal content in mineral resources.
World View – Additional Nickel Mines
• World nickel supply faces big challenges to
meet demand out to 2030 (well documented)
forecast at 60 additional mines by 2030
• Lower grade nickel sulphide projects emerging
in Canada and Brazil seen as more impactful
due to large contained nickel resources over a
long mine life
• Higher grade, highly-valued projects in Western
Australia traditionally very profitable however,
less impact on the forecast supply shortage
• Simpler and cheaper to mine a large tonnage
open pit than it is a high grade, underground
occurrence
• Both have their place and Nimy Resources has
the potential to participate in both
ASX:NIM | nimy.com.au https://www.iea.org/reports/global-supply-chains-of-ev-batteries !
Zone A
• First of six exploration areas
• Previous explorers focused on gold (RAB and
air-core nickel intercepts)
• Detailed geological mapping and modelling
from extensive exploration activities pre-IPO
• Identified geological setting mafic / ultramafic
(komatiite flows)
• Five key initial exploration prospects
• Initial focus on Godley and Dease prospects
ASX:NIM | nimy.com.au
9
Target High Grade Massive Sulphide
• Searching an interpreted 230 linear kms of greenstone
containing ultramafic / komatiite rocks for NiS traps
• Large scale MLEM completed over zone A with
modelling and interpretation in process
• Structural Geology Interpretation commencing -
following merge of all available magnetic, radiometric
and gravity surveys.
• Nickel gossan discovered at Dease (NRDD005) - drill
results pending
• DHEM completed Dease (NRDD005) - interpretation
modelling pending
Exposed surface Gossan (left) NRDD005 cross-section (right)
• Ground search program for additional gossans
underway
ASX:NIM | nimy.com.au
Target Large tonnage low grade
Exploring a very large NiS system:
• 37 drill holes with significant (>1000ppm) intervals along a 39km
strike (interpreted 80km - 41kms untested)
• 21 RC Holes drilled prior to IPO of which 16 encountered
significant intervals of >1000ppm Nickel over an area 18km², 9 of
these holes were open at end of hole maximum depth of 218m.
Diamond holes drilled:
Godley Prospect:
• NRDD001 – 363M @ 0.14% Nickel
• NRDD002 – 426m @ 0.14% Nickel
Dease Prospect:
• NRDD004 - drilled to 871m, nickel mineralization from 384m
open at end of hole assays pending
• NRDD005 - Gossan hole 316m ended in nickel mineralization
assays pending
• NRDD003, NRDD006 holes drilled logging near completion
assays pending
Significant drill nickel intercepts
ASX:NIM | nimy.com.au across Nimy Mons Project
Dease Prospect - Gossan
Gossan discovery at Dease
• Uncovered whilst digging NRDD005 sump
• Gossan outcropping mapped ~ 1.1kms of
outcropping in a horseshoe shape
• Located within large komatiite higher Ni assays
coincident with gossan outcropping
Drilling Complete – NRDD005
• Followed gossan strike north western corner of
the outcrop (316m, 60⁰ dip, 41⁰ azimuth)
• Terminated at 316m directly beneath the mapped
gossan extent
• pXRF of core indicates anomalous NiS
mineralisation
• Visible NiS, CuS within core
• DHEM complete modelling result pending
Diamond hole NRDD005 relative to exposed gossan (green)
and previous significant drill intersections
ASX:NIM | nimy.com.au
Dease Prospect – Conductor Plate
Diamond Hole NRDD004 -870.8m
• Targeted conductive anomaly modelled at 325 to 375m
downhole
• Porphyritic (felsic and mafic) rocks 216 to 291.2m
• Schistose (felsic, ultramafic, mafic) rocks 291.2 to
383.6m
• Ultramafic from 383.6 to 870.8m (EOH)
• The conductive anomaly (within the schistose zone)
returned elevated Cu, Ag, Zn and S values within visible
sulphides when tested via portable XRF
• 487m of Ni Cu mineralisation in +18% MgO (mean
reading 24.11% pXRF)
• pXRF identified 3 intervals of anomalous Ni- Cu- S
Diamond hole NRDD004 relative to conductive plate
(insert visible sulphides and Malachite)
ASX:NIM | nimy.com.au
Godley Prospect
Diamond Hole NRDD001 -413.85m
363m @ 0.14% Ni, 25.72% MgO
Diamond Hole NRDD002 – 516.8m
426m @ 0.14% Ni, 26.03% MgO
• Collared from same pad (NRDD002 at 70⁰ dip
330⁰ azimuth)
• Testing mineralisation, structure, lithology
and depth to contact
• Geochemistry provides support to structural
interpretation targeting western contact for
higher grade accumulation of nickel
• Visible nickel, copper and iron sulphides
within both holes
• Substantial intervals of low grade nickel
sulphide
Diamond hole NRDD001 and NRDD002 sections and structural model
ASX:NIM | nimy.com.au
1 Year Zone A Targeting
st
• MLEM completed over a large area - Zone A
• 6 diamond holes completed for 2686 metres
• DHEM completed on two holes NRDD002,
NRDD005
• Merge of all available magnetic, gravity,
radiometric surveys underway
• Full interpretation of MLEM, DHEM being
undertaken cognisant of merged surveys
• Structural geology modelling commencing
October 2022
ASX:NIM | nimy.com.au
15
✓ Large scale - 100% approved tenement package & heritage
agreements in place
✓ Geophysic’s across project including magnetic,
radiometric, gravity, MLEM and DHEM surveys in process
or complete
✓ A previously unidentified komatiite flow fertile for nickel
sulphides
✓ Multiple exploration Zones – Initial work focused on Zone
A – Regional exploration underway
✓ Ongoing drilling with broad sulphide zones already
intersected
✓ New potential for, large homogeneous grade targets and
high grade nickel sulphide targets.
ASX:NIM | nimy.com.au
16
For more information please email:
[email protected]
254 Adelaide Terrace
Perth WA 6000 Australia
T: (08) 9261 4600
Website www.nimy.com.au
Advancing the
Duketon Nickel
Project
Australian Nickel Conference
6 October 2022
ASX: DKM
1 www.duketonmining.com.au
Cautionary Statement
This presenta5on has been prepared by Duketon Mining Limited (“Duketon”). The informa5on contained in this presenta5on is a professional opinion only and is given in good faith. Certain
informa5on in this document has been derived from third par5es and though Duketon has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or
verified by Duketon. Any forward-looking statements included in this document involve subjec5ve judgement and analysis and are subject to uncertain5es, risks and con5ngencies, many of which are
outside the control of, and may be unknown to, Duketon. In par5cular, they refer only to the date of this document, they assume the success of Duketon’s strategies, and they are subject to significant
regulatory, business, compe55ve and economic risks and uncertain5es. Actual future events may vary materially from those in the forward-looking statements. Recipients of this document are
cau5oned not to place undue reliance on such forward-looking statements. Duketon makes no representa5on or warranty as to the accuracy, reliability or completeness of informa5on in this
document and does not take responsibility for upda5ng any informa5on or correc5ng any error or omission which may become apparent aKer this document has been issued. To the extent permiMed
by law, Duketon and its officer’s employees, related corpora5ons and agents disclaim all liability, whether direct, indirect or consequen5al for any loss or damage arising out of, or in connec5on with,
any use or reliance on this presenta5on or informa5on. All amounts are in A$ unless otherwise stated.
Competent Person Statement:
This announcement includes informa5on extracted from the Company’s previous ASX announcements, which are available to view on the Company’s
website (www.duketonmining.com.au), as follows:
- Rosie Mineral Resources – ASX announcement dated 10 March 2022;
- Rosie Drill Core – ASX announcement 2 December 2014;
- Rosie Long Sec5on – ASX announcement 9 September 2021;
- C2 Mineral Resources – ASX announcement dated 29 January 2015;
- Rosie metallurgical results – ASX announcements dated 8 July 2020 and 10 July 2020;
- Rosie Scoping Study produc5on targets and forecast financial results derived from produc5on targets – ASX announcement dated 28 April 2021;
- C2 metallurgical results – ASX announcement 5 September 2022;
- New Explora5on Project Acquisi5on – ASX announcement dated 28 April 2022;
- Mul5ple MLEM Anomalies Iden5fied at Duketon North – ASX announcement dated 4 April 2022.
The Company confirms that it is not aware of any new informa5on or data that materially affects the informa5on included in the original market announcements and, in the case of es5mates of
Mineral Resources or Ore Reserves, that all material assump5ons and technical parameters underpinning the es5mates in the relevant market announcements con5nue to apply and have not
materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market
announcements. In the case of the Rosie Scoping Study, the Company confirms that it is not aware of any new informa5on or data that materially affects the informa5on included in the original market
announcement and that all material assump5ons underpinning the produc5on target, or the financial informa5on derived from the produc5on target in the relevant market announcement con5nue to
apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original
market announcement.
2 2 www.duketonmining.com.au
Company Snapshot
About Duketon Mining Shareholder Information - as at 7 September 2022
Duketon Mining Limited is a Western
Australia focused mineral resources Harmanis
18.4% Holdings
exploration and development company
with flagship nickel projects at Rosie and
Rosie & C2 9.2% Institutional
Nickel Resources Holder
C2 which are situated in the North Eastern
Goldfields of Western Australia, approx. 10.9%
Directors &
350km to the north east of Kalgoorlie. Other 61.5% Management
Capital Structure / Enterprise Value DKM Share Price Performance
ASX Code DKM
0.6
Shares on issue 121m 0.5
0.4
Options on issue 11.7m
0.3
Market capitalisation (as at 12/09/2022) $36.0m 0.2
0.1
Cash (as at 30/06/22) ~$18.5m 0
Enterprise value $17.5m
3 www.duketonmining.com.au
Experienced Board and Management
SEAMUS CORNELIUS – Non-Execu=ve Chairman
Mr Cornelius is an experienced interna5onal corporate lawyer and company director. He was a partner with a major interna5onal law firm from 2000 to
2010 and resided in China from 1993 un5l 2017. In 2010, Mr Cornelius commenced his public company career as company director and is currently a
director and non-execu5ve chairman of Buxton Resources Ltd since 29 November 2010 and Element 25 Ltd since 30 June 2011. Mr Cornelius has been a
director of Danakali Ltd since 15 July 2014 and is currently the Execu5ve Chairman. Mr Cornelius is also non-execu5ve director of First Tin PLC since 7
April 2022.
STUART FOGARTY – Managing Director
Mr Fogarty has over 20 years of explora5on experience with BHP Billiton and Western Mining Corpora5on, and prior to leaving he was BHP’s Senior
Explora5on Manager for North and South America. Mr Fogarty has a very strong background in nickel and gold explora5on, having commenced his career
at Kambalda Nickel Opera5ons in 1994. He has held senior roles with BHP including Senior Geoscien5st for nickel explora5on in the Leinster and Mt Keith
region, Project Manager WA Nickel Brownfields and Regional Manager Australia – Asia where he was responsible for a $100 million per annum explora5on
budget. Mr Fogarty is currently a non-execu5ve director of ASX listed Buxton Resources Ltd since 15 March 2017.
HEATH HELLEWELL – Non-Execu=ve Director
Mr Hellewell is an explora5on geologist with over 20 years of experience in gold, base metals and diamond explora5on predominantly in Australia and
West Africa. Most recently, Mr Hellewell was the co-founding Execu5ve Director of Doray Minerals Ltd (Doray), where he was responsible for the
company’s explora5on and new business ac5vi5es. Following the discovery of its Andy Well gold deposits in 2010, Doray was named “Gold Explorer of the
Year” in 2011 by The Gold Mining Journal. In 2014 Mr Hellewell was the co-winner of the pres5gious “Prospector of the Year” award, presented by the
Associa5on of Mining and Explora5on Companies. Mr Hellewell was also part of the Independence Group NL team that iden5fied and acquired the
Tropicana project area, eventually leading to the discovery of the Tropicana and Havana gold deposits. Mr Hellewell is currently an independent Non-
Execu5ve Director of Core Lithium Ltd (formerly Core Explora5on Ltd) since 15 September 2014 and Discovex Resources Ltd since 11 March 2021.
4 www.duketonmining.com.au
Investment Highlights
HIGH DEMAND FOR NICKEL
Electric vehicle baMeries
Commodity for a clean future
Class 1 nickel sources likely to demand a premium
POTENTIAL UPSIDE
Explora5on upside within Duketon Belt - drilling and gpx underway
Rosie & C2 open along strike and at depth
MULTIPLE DEVELOPMENT OPTIONS CONSIDERED
Poten5al to toll treat mineralisa5on at nearby concentrators
Produce nickel concentrate on site from a combined Rosie & C2
28 KNOWN NICKEL SULPHIDE ENDOWMENT
Ni Two resources
Nickel
Explora5on poten5al for further discoveries
ATTRACTIVE VALUATION
100% owned assets
Large and high-quality resource
Located on granted mining tenement
Not encumbered by either ooake agreements or royal5es
5
www.duketonmining.com.au
6
www.duketonmining.com.au
7
Strategic Location/Value Proposition
Large land position – multiple projects
94,300t of nickel metal in JORC resources*
14,100t of copper metal in JORC resources
255koz PGE’s in JORC resources
Positive metallurgical results at Rosie and C2
Positive scoping study at Rosie
Access to most prospective tenure for nickel
discovery
Minimal holding cost
Surety of mining tenure
A pipeline of opportunities
8 See ASX announcements 29 January 2015 & 4 March 2021 for competent person statements for C2 and Rosie resources. www.duketonmining.com.au
Positive Scoping – Platform for Growth*
Confirms the viability of a mining, trucking & toll treating operation assuming an 8-year mine life
Ni price of US$8/lb (range US$7.50/lb to US$8.50/lb)
NPV5 of ~$161M (range $56M to $204M)
IRR of ~54% (range 21% to 66%)
Pre-tax cashflow of ~$223M (range $91M to $278M)
Pre-production capital cost of ~$18M
Simple decline and underground mine – minimal surface infrastructure
Annual production of approx. 315kt of ore at 2.1% NiEq
Upside – plus C2 with concentrator onsite, Ni and PGE in transition zone, exploration
9 *See ASX Announcement 28 April 2021 www.duketonmining.com.au
94kt Ni, 14kt Cu, 255koz PGE’s & growing
Rosie Nickel Deposit
Mineral Resource Estimate 2022*
56,300t nickel,
11,800t copper,
229,000oz PGE’s
C2 Nickel Deposit
Mineral Resource Estimate 2015*
38,000t nickel,
2,300t copper,
26,000oz PGE’s
Both deposits open at depth and along strike
10 See ASX announcements 29 January 2015 & 10 March 2022 for competent person statements for C2 and Rosie resources. www.duketonmining.com.au
Rosie Long Section
11 See ASX Announcement 9 September 2021 www.duketonmining.com.au
Rosie Drill Core
9.22M @ 4.96% Ni, 0.41% Cu and 2.41 g/t Pt+Pd*
12 www.duketonmining.com.au
*Includes 5.65m @ 7.1%Ni, 0.5%Cu & 3.8g/t Pt+Pd See ASX Announcement 2 December 2014
C2 Cross Section
Large Tonnage
Cut-Off (Ni %) Tonnes Grade (Ni %) Ni (t)
0.3 18,775,665 0.5 88,902
0.4 10,776,805 0.6 60,356
0.5 5,721,787 0.7 37,967
0.6 3,008,201 0.8 23,249
0.7 2,019,653 0.8 16,940
0.8 1,018,985 0.9 9,503
0.9 641,066 1.0 6,265
1 148,053 1.1 1,577
1.1 62,461 1.1 694
13 See ASX Announcement 29 January 2015 www.duketonmining.com.au
Positive Metallurgical Testwork – Rosie
High Quality Concentrate
Ni recovery up to 97%
Intermediate concentrate up to 22% Ni
Nickel concentrate grading 16% Ni and 7g/t total PGE’s
from massive ore
Bulk concentrate grading 15% (Ni+Cu) and 12g/t total
PGE’s from violarite ore
High Fe:MgO
PGE’s recoverable by gravity >8g/t total PGE’s –
provides an alternate process option
Latent value unlocked
(NB: >13% Ni or >12% Ni+Cu are considered saleable concentrates)
www.duketonmining.com.au
14 See ASX Announcement 8 July 2020 and 10 July 2020
Positive Metallurgical Testwork – C2
High Quality Concentrate
C2 Responds well to conventional flotation
Produces a saleable concentrate
Nickel recovery as high as 77.3% to a saleable grade
concentrate
Fe:MgO 12-20:1
Concentrate grades range from 11-18% Ni
Latent value unlocked
15 See ASX Announcement 5 September 2022 www.duketonmining.com.au
Duketon North
Multiple EM Responses and Ni Sulphides
Ultramafics of Duketon North highly prospective for
Ni Sulphides
Extensive surface geochemistry, U/M contacts
outlined by elevated Cu and Ni
Historic drilling has intersected sulphides within
serpentinised peridotites
Ultramafic contacts not specifically targeted
Large portions of the ultramafics remain untested by
drilling
Field work including ground EM and RC drilling
commenced February - ongoing
Significant exploration potential
16 See ASX Announcement 4 April 2022 www.duketonmining.com.au
Tate
Mafic Intrusive Model
Magnetics reveal the presence of two
features – likely intrusives with remnant
magnetism
Interpreted to be late mafic intrusives
Beneath 8m of transported cover
6km x 1.2km & 2.2km x 1.2km
BOH geochemistry 143ppm Ni, 86ppm Cu,
86ppm Zn, 2710ppm Mn and 9.9% Fe
Historic wide spaced AC drilling (BHP) -
intersected mafic rocks
Ground EM underway
17 See ASX Announcement 28 April 2022 www.duketonmining.com.au
Concluding Remarks
MINING STUDY
Study being refined based on updated resource
model.
Assessing standalone concentrator, Rosie + C2
EXPLORATION
Ground EM underway
Drilling underway
CORPORATE
Cash (+ liquids) balance of ~$18.5M
Market Capitalisation $36.0M
Enterprise Value $17.5M
LEVERAGED TO DEVELOPMENT & DISCOVERY
18 www.duketonmining.com.au
Stuart Fogarty
Managing Director
Duketon Mining Limited
Level 2, 25 Richardson Street
West Perth WA 6005
Ph: +61 8 6315 1490
Website: duketonmining.com.au
Email: [email protected]
www.duketonmining.com.au
19
Appendix 1 : Duketon Nickel Resources
Rosie Nickel Resource >1% NiEq
Total
Ni Cu Co NiEq
Classifica=on Sulphide Tonnes PGEs
(%) (%) (ppm) (%)
(g/t)
Pentlandite 1,191,555 2.4 0.42 642 2.7 3.76
Indicated Violarite 820,999 1.7 0.39 504 2.5 2.75
Sub-Total 2,012,553 2.1 0.41 585 2.6 3.35
Pentlandite 694,751 1.8 0.48 580 2.5 3.13
Inferred Violarite 66,179 1.5 0.42 442 1.7 2.36
Sub-Total 760,930 1.8 0.48 568 2.4 3.06
Total All 2,773,483 2.0 0.43 580 2.6 3.27
Table 1. Rosie Mineral Resource Grade
Contained Metal
Total PGEs
Classifica=on Ore Type Ni (t) Cu (t) Co (t)
(oz)
Pentlandite 28,524 4,978 764 104,868
Indicated Violarite 13,966 3,230 414 64,869
Sub-Total 42,490 8,208 1,178 169,737
Pentlandite 12,786 3,337 403 55,740
Inferred Violarite 987 279 29 3,551
Sub-Total 13,774 3,616 432 59,291
Total 56,264 11,824 1,610 229,028
Table 2. Rosie Mineral Resource Contained Metal
20 www.duketonmining.com.au
Appendix 1 : Duketon Nickel Resources
C2 Nickel Resource >0.5%Ni
Classification Oxidation Tonnes Ni (%) Cu (%) Pt (ppb) Pd (ppb) S (%)
Fresh 5,100,000 0.7 0.04 60 79 3.3
Inferred
Transitional 600,000 0.6 0.04 72 105 0.9
Total 5,700,000 0.7 0.04 61 82 3.1
Table 3. C2 Mineral Resource Grade
C2 Nickel Resource >0.5%Ni
Classification Oxidation Tonnes Ni (%) Ni (t)
Fresh 5,100,000 0.7 34,200
Inferred
Transitional 600,000 0.6 3,800
Total 5,700,000 0.7 38,000
Table 4. C2 Mineral Resource Contained Metal
Combined Metal Inventory, The Bulge Area
Deposit Ni tonnes Cu tonnes PGE oz
Rosie 56,264 11,824 229,028
C2 38,000 2,280 26,206
TOTAL 94,264 14,104 255,234
Table 5. Combined Metal Inventory
21 www.duketonmining.com.au
Appendix 2 : C2 Grade Tonnage
Figure 1: Grade Tonnage Curve at Ni cut-offs. Cut-Off (Ni %) Tonnes Grade (Ni %) Ni (t)
0.3 18,775,665 0.5 88,902
0.4 10,776,805 0.6 60,356
0.5 5,721,787 0.7 37,967
0.6 3,008,201 0.8 23,249
0.7 2,019,653 0.8 16,940
0.8 1,018,985 0.9 9,503
0.9 641,066 1.0 6,265
1 148,053 1.1 1,577
1.1 62,461 1.1 694
22 Table 1: C2 Deposit Grade Tonnage Table for different Ni cut-offs
Future Proofing Shire Coolgardie
September 2022
Agenda
• ESG
• Project overview
• Socioeconomic contribution of the mining sector
• Shire strategic investment plan
• Key project benefits
• Green Mineral Circular Economy
The rise of ESG
! Capital markets:
! A full one third of globally deployed professional investment (some US$35.3t) has some ESG lens over it
! The global Social Impact sector has grown by 40 percent since 2018 to US$715b and is expected to reach US$1t by 2025
! Triple-bottom line accounting is increasingly standard practice (carbon economy accounting is standard practice)
! Annual reporting requirements
! Mining industry:
! Surveys indicate that globally, mining industry executives rank ESG or ESG related issues as the main contemporary risk to industry
! 21 of the 30 largest metals and mining companies have set some level of net-zero GHG emissions targets or already claim carbon
neutrality
! Some evidence of the market paying premiums for ‘zero-carbon products’ (e.g. aluminium in Netherlands)
! The Australian minerals industry has a net-zero target by 2050
! Sustainability linked project finance is emerging (E.g. Newmont senior note facility with interest linked to emissions and diversity goals)
! Increasingly, there is a pivot to the ‘S’ in ESG:
! Host communities
! First Nations relationships
! Diversity and inclusion
! Health (particularly mental health)
Source: Deloi,e (2022); S&P Global (2021; Australian Social Impact Investment Taskforce (2019)
There is opportunity for resource industry oriented local
communities to develop a mutually beneficial ESG ‘product’ for
industry
! Alignment of ESG
Demonstration of direct Demonstration of direct Demonstration of positive frameworks, with a focus
mitigation of negative economic benefit to social outcomes on
environmental impacts stakeholder groups stakeholder groups on areas of aligned interest
and mutual benefit:
o Increased investment
o Enhanced local
Environmental Social
Employees Workers First Nations Local Regional communiKes and
(support in excess of families Communities Community Population
legal obligations) economies
Climate action Land Water Responsible Supply Chain o Higher performing
• GHG emissions Stewardship Stewardship Consumption Management Health and Safety First Nations Partners
• Energy • Biodiversity • Pollution • Energy • Whole of • ILUA Diversity & Vibrant Communities operaKons
transition conservation • Usage • Tailings waste supply chain • OH&S • Employment, training & Inclusion • Local employment
• Net zero • Cumulative • Waste • Circular impact • Mental Health procurement • Gender and procurement
impacts • Rights economy • Sexual • Suppression v • Disabilities • “Traditional” CSR
• Offsets harassment extinguishment • LGBTQIA+ programs ! Requires:
FIFO: Home-
•
• Restoration • • FPIC, equity & decision- • All dimensions Deeply embedded
away-from-home making participation of humanity multi-dimensional
community o Strong, collaboraKvely
relationships
Governance developed ESG
frameworks
Transparency and Ethical business practices Risk Management Global Standards o Transparent impact
accountability • Vigilance against corruption, • Modern slavery policy • SDG
bribery and human rights violations • Child labour policy • Paris Climate Agreement
mapping and
modelling
Exploration Planning Construction Production Closure Relinquishment
o Strong governance
An exemplar case: the Shire of Coolgardie
! Comprehensive regional hard and soQ infrastructure inventory, capacity assessment
and investment prioriKsaKon process
! Shire of Coolgardie ESG Framework that aligns the mining industry and community
ESG iniKaKves and objecKves
! Comprehensive mining industry socio-economic impact mapping and modelling
framework that provides transparent, objecKve measurement of ESG outcomes:
! Rates
! Employment
! Procurement
! Community investments
! Other
! Community engagement in structured collaboraKve planning
! Progression of infrastructure projects that are aligned with the ESG framework and
are delivering industry and community benefits that would otherwise not exist
ESG Model
ESG Model
Project overview
• The Shire of Coolgardie is one of the world’s premier minerals provinces, particularly with respect
to gold, nickel, lithium and rare earths.
• Like many other ‘single economy’ jurisdictions, the Shire of Coolgardie has historically been
vulnerable to the cyclical nature of the mining sector, and has experienced a declining residential
population – a typical ‘fly-over’ effect of host regions in rural and remote geographies.
• Local governments can substantially mitigate these concerns through place-based policy and
strategy that is designed to maximise the socioeconomic benefits of resource developments within
the host communities.
• The project was initiated to capture an evidence-based estimate of the economic and social
benefits accrued across the Shire of Coolgardie as a result of resources operations in the Region.
• In particular, this study has focused on key resources projects in the Shire of Coolgardie include
BHP Kambalda Nickel Concentrator (BHP), Mungari Gold (Evolution Mining), (St Ives Gold (Gold
Fields), Beta Hunt and Higginsville Gold (Karora), Mt Marion (Mineral Resources) and Kambalda
Nickel Operation (Mincor).
Socio-Economic Model Structure
Department of
Publicly available Self-reported Kurrawang First
Model Inputs – mining company Shire of Australian Bureau Mines, Industry NaKons
‘Hard data’ mining company Coolgardie Data of StaKsKcs Data RegulaKon and
data data Community Data
Safety Data
Future mining Commodity price Planned Economic direct ESROI – Economic
Modelling producKon benchmarks/ Infrastructure CPI and indirect and Social Return
AssumpKons volumes forecasts Investment effects on Investment
Collated Output Dashboard:
Economic contribuKon of mining sector
Mining procurement economic flows to the Region The modelling is intended to be
ContribuKon of the mining sector to employment updated on an itera3ve basis, and the
ContribuKon of the mining sector to Shire rates dashboard can be modified to include
Social investment addi3onal metrics as required
First NaKons investment
Key insights
Mine production is expected to increase by approximately 70 percent
between the June 2022 and December 2022 quarter.
Based on forecasts reported by the mining company participants during the study period, volumes are expected to
peak at approximately 268,000 tonnes per quarter and remain steady for the remainder of the forecast horizon.
Based on commodity price forecasts, the cumulative value of mineral exports produced in the region over the study
horizon is AUD$24 billion.
300,000
250,000 Total Value Total Volume
Sept 2021 to
200,000 Commodity June 2026 Percentage Sept 2021 to Percentage
tonnes 150,000 (AUD $ June 2026
(tonnes)
100,000 Millions)
50,000 Gold 8,711 36 109 0.002
Spodumene Concentrate 12,942 54 4,668,750 98.48
-
Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Nickel Sulphide Concentrate 2,398 10 72,200 1.52
2021-22 2022-23 2023-24 2024-25 2025-26
According to mining company forecasts, the sector is expected to
spend 10.8 billion on procurement over the study horizon to 2026.
While a significant por3on of this expenditure may flow outside the Shire of Coolgardie, all par3cipants cited a preference
to procure from local businesses where possible.
Procurement by Category Total Value Total Value
Sept 2021 to June Sept 2021 to June Approximate
LogisKcs 2026 2026 Percentage
15%
Study Area Non-Study Area Supplied from
Procurement Category (AUD $ Millions) (AUD $ Millions) Study Area
AccommodaK Mining Services 2,336.23 4,569.27 34
on
Mining 12%
Services LogisKcs 438.58 1,194.76 27
64%
AccommodaKon 1,258.81 - 100
Other Services
9% Other Services 525.67 458.85 54
The mining sector is the most significant employment
employer in the Coolgardie Region
The total opera3onal workforce of the mining companies in the study area exceeds the eligible workforce within the Shire.
The overflow is met predominantly with fly-in, fly-out workers. Mining companies cited a preference for direct employment
over contrac3ng, and a preference to employ local residents or offer reloca3on.
Employment within the Shire of Mining OperaKonal Workforce
Coolgardie (2021) 100%
EducaKon and 90%
Training 80%
5%
70%
60%
50%
Mining Sector 40%
71%
Other 30%
24% 20%
10%
0%
Employees Contractors
Local DIDO FIFO
Implications for the Shire of Coolgardie