Carmen de Andacollo April 2012 Forward Looking Information Both - - PDF document

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Carmen de Andacollo April 2012 Forward Looking Information Both - - PDF document

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Carmen de Andacollo April 2012 Forward Looking Information Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of

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SLIDE 1

Carmen de Andacollo

April 2012

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SLIDE 2

Forward Looking Information

2

Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) and comparable legislation in

  • ther provinces.

Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Teck to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements included in this presentation, include, but are not limited to, statements regarding actions taken to enhance throughput. These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially. Events or circumstances could cause actual results to differ materially. Factors that may cause actual results to vary include, but are not limited to, unanticipated

  • perational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations).

Certain of these risks are described in more detail in Teck’s annual information form available at www.sedar.com and in public filings with the SEC. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the

  • ccurrence of future unanticipated events, except as may be required under applicable securities laws
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SLIDE 3

Asset Overview: Asset Description

3

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SLIDE 4

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Safety

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SLIDE 5

Andacollo Safety Performance

16 19 20 16 16 14 16 11 11 12 10 10 9

6 10 14 18 22 Mar‐11 Apr‐11 May‐11 Jun‐11 Jul‐11 Aug‐11 Sep‐11 Oct‐11 Nov‐11 Dec‐11 Jan‐12 Feb‐12 Mar‐12

SEVERITY

PERIODOS MOVILES 12 MESES 1.13 1.15 1.17 1.02 1.07 0.97 0.96 0.87 0.65 0.79 0.74 0.73 0.69

0.55 0.65 0.75 0.85 0.95 1.05 1.15

Mar‐11 Apr‐11 May‐11 Jun‐11 Jul‐11 Aug‐11 Sep‐11 Oct‐11 Nov‐11 Dec‐11 Jan‐12 Feb‐12 Mar‐12

TRIF ‐ INDICADOR INCIDENTES REPORTABLES

PERIODOS MOVILES 12 MESES 5

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SLIDE 6

Andacollo Mine Site

6

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SLIDE 7

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Site Arial Overview

Plant SX‐EW Tailing Deposit Plant Concentred Andacollo C.M. Dayton Road Toro Primary Crusher Open Pit Mine

Admin

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SLIDE 8

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Asset Overview

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SLIDE 9

Mining

  • Mining Equipment Summary

(34 - 30 Mton/ year Mine Movement)

  • Shovel O&K ( 2 RH200 – 1 RH40)
  • Loaders (1 CAT 994F - 1 CAT 992G)
  • Trucks ( 4 CAT 777D – 9 CAT 789C)
  • Drilling (2 DM 45- 1 ROC L8)
  • Mining Services: 7 CAT Units
  • Water Trucks: 4 Mack – 1 Mercedes

Benz

9

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SLIDE 10

Leaching Operation Facilities

10

Processing Plant Summary 3 Crusher Stages 1 Agglomeration Drum 2,500 m of conveyor belts 1 Grass Hopper Stacking System Static Leach Pads Area ROM Leach 1 SX Plant with a capacity of 1,300 m3/hr (PLS) EW stage with 56 cells, producing 27 tons/day of Cu cathodes

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SLIDE 11

Mill Flowsheet

11

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SLIDE 12

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Mill Equipment

  • Treatment

: 55.000 tpd or 20.000.000 tpy

  • Production

: 80.000 tpy avg. of fine copper over first 10 years : 1.0 million ounces gold

  • Primary crusher

: 60” x 89” - 800 hp

  • SAG mill

: ø36’ x 17’ EGL - 18,000 hp (wrap around)

  • Pebble crushers

: 2 – 800 hp

  • Ball mills

: 2 – ø25’ x 39’ EGL - 19,000 hp

  • Flotation cells

: 9 – 200 m3 : 6 – 100 m3, 5 – 40 m3 : 5 – 20 m3, 5 – 10 m3

  • Regrind mill

: Tower mill – 1,500 hp

  • Thickeners

: 1 – ø 20 m (concentrate) 1 – ø 70 m (tailings)

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SLIDE 13

Mill Performance

13

‐ 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 SAG Mill [kTpd]

CDA Daily Mill Tonnage – ktpd

Tonnes milled CDA Budget 2010 ‐ 2011 Forecast 1B 2011

  • Design nameplate throughput – 55,000 tpd
  • First feed of ore – Feb 2010
  • Ramp-up to October 2010 – commercial production declared
  • Ore hardness limits throughput – November to present
  • Current reliable average throughput – 45,000 tpd
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SLIDE 14

Quarterly Mill Throughput

14

5 10 15 20 25 30 35 40 45 50 55 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011

Thousands

Mill Start Hard Ore

Grinding Circuit Improvement Plan

MTPD

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SLIDE 15

Actions implemented to improve throughput performance

  • Blasting design to reduce feed size to SAG mill – in

cooperation with Orica. Done.

  • Increased SAG mill discharge openings to evacuate

pebbles to pebble crushing circuit. Done

  • Opened to 75mm in Sept 2010
  • Opened to 85mm in Feb 2011
  • Pre-crushing of ore using supergene crusher to reduce

feed size to SAG mill. Done

  • Commenced December 2010
  • Average 10,000 tpd

15

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SLIDE 16

Further short term actions to enhance throughput - 2011

16

  • Install jaw-crusher to increase pre-crush tonnage

(~2000 tpd). Done

  • Install permanent 2-stage crushing to increase pre-

crush tonnage (up to 20,000 tpd). In Progress.

  • Increase power to SAG mill by upgrading cooling

system (up to 10%). Done

  • Expand plant with SAG mill #2 and associated plant

additions – study proposal on going. In Progress

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SLIDE 17

Crushing Plant 20 ktpd General Flowsheet

Jaws

  • Crushing and Screening Plant
  • Capacity 1,250 MTPD
  • Production 20,000 MTPD
  • Product 100% below 11/2”
  • 80% under 1”
  • Equipment Brand : TRIO

Feeder Belt 2 Cones 2 Screen decks Grizzly CV‐01 CV‐05 CV‐03 CV‐04 CV‐04 CV‐01 (HYP.)

17

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SLIDE 18

Construction 20 ktpd Plant March 2012

JAWS

GRIZZLY CV‐01 MAGNET CV‐02 2 SCREEN DESKS 2 CONES CV‐03 CV‐04 CV‐05 CV‐06 ELECTRIC ROOM CV‐01 (Hipogeno)

18

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SLIDE 19

Concentrate Production by Month

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10 20 30 40 50 60 70 80 1T 2010 2T 2010 3T 2010 4T 2010 1T 2011 2T 2011 3T 2011 4T 2011 kTon Concentrate Production

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SLIDE 20

Income Statement

2010 2011 Revenues - Cathodes

83,2 54,1

Revenues - Concentrate

140,3 563,0

Cost of Cu & Indirect

(115,9) (328,4)

EBITDA

107,6 288,7

Other incomes

3,4 27,7

D&A, Other Expenses & Tax

(41,1) (117,1)

NET EARNINGS

69,9 199,3

YTD

(millions, US$)

20

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SLIDE 21

CAPEX (US$ Million)

21

Concentrator Plant Investment+

  • I. I.

2010 2011 Hypogene Project 422,2 Additions - Improvements Hyp. Project 16,7 5,6 Stock Pile Dome 8,2 0,0 Elqui River Water Line 24,6 21,0 Pre Crushing 20 ktpd Plant

  • 9,7

Total 422,2 49,5 36,4 Sustainability Projects 2010 2011 Mine 2,6 4,2 Planning & Development

  • 10,0

Cathodes Plant 0,9 0,0 Concentrator Plant 8,2 10,4 Administration 0,9 2,1 Total 12,7 26,6 Other Projects 2010 2011 CDA Expansion - Feasibility Study

  • 3,4

Other Projects

  • Total
  • 3,4

TOTAL CAPEX & PROJECTS 422,2 62,2 66,3

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SLIDE 22

MINERAL RESERVES ‐ Superge‐ Leacheable (END YEAR 2011) Reserve Categories t (000's) %Tcu %Scu t (000's) %Tcu %Scu t (000's) %Tcu %Scu Proven 4,091 0.52 0.43 2,046 0.18 0.14 6,136 0.41 0.33 Provable 1,110 0.50 0.39 1,110 0.50 0.39 . TOTAL 5,201 0.52 0.42 2,046 0.18 0.14 7,247 0.42 0.34 HEAP LEACH OTHER (OLD HEAP LEACH) TOTAL

Reserves Supergene

22

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SLIDE 23

Reserves & Resources Hypogene

MINERAL RESERVES ‐ Mill & Concentrator (END YEAR 2011) Reserve Categories t (000's) %Tcu Au gr/t t (000's) %Tcu Au gr/t t (000's) %Tcu Au gr/t Proven 162,421 0.38 0.13 162,421 0.38 0.13 Provable 314,188 0.34 0.11 314,188 0.34 0.11 TOTAL 476,610 0.35 0.12 476,610 0.35 0.12 HYPOGENE SUPERGENE TOTAL

23

MINERAL RESOURCES ‐ Mill & Concentrator (END YEAR 2011) Reserve Categories t (000's) %Tcu Au gr/t t (000's) %Tcu Au gr/t t (000's) %Tcu Au gr/t Measured 3,779 0.50 0.13 6,865 0.41 0.07 10,644 0.44 0.09 Indicated 59,172 0.27 0.10 3,050 0.32 0.05 62,222 0.27 0.10 TOTAL 62,951 0.28 0.10 9,915 0.38 0.06 72,866 0.29 0.10 Inferred 26,682 0.29 0.10 6 0.25 0.03 26,869 0.29 0.10 TOTAL 89,633 0.29 0.10 9,921 0.38 0.06 99,555 0.30 0.10 HYPOGENE SUPERGENE TOTAL

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SLIDE 24

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Growth Alternatives: Hypogene Project – Andacollo

POTENTIAL SECTION 51705

Development drilling, currently not considered

Growth potential Pit de Reserve MI Optimized Pit unrestricted. Resources MII

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SLIDE 25

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Community Relations & Environment

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SLIDE 26

Environment

  • Dust control to minimize the impact to people,

employees and community.

  • Monitoring and control of flora and fauna in the area of

impact.

  • Monitoring and control of process water consumption.

26

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SLIDE 27

Tri-annual MP10 concentration in Teck CDA-owned property

51 46 44 25 50 75 2007 al 2009 2008 al 2010 2009 al 2011 µg/m³N PROMEDIO TRI‐ANUAL GRÁFICO MP-10 TRI-ANUAL ESTACIÓN URMENETA

Standard Limit

37 33 32 25 50 75 2007 al 2009 2008 al 2010 2009 al 2011 µg/m³N

PROMEDIO TRI‐ANUAL

GRÁFICO MP-10 TRI-ANUAL ESTACIÓN CHEPIQUILLA

Standard Limit

27

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SLIDE 28

Community Development

  • Participation in conjunction with the

government in Drug & alcohol rehabilitation for employees & community.

  • Encourage water conservation programs

for farmers

  • implement technical training programs in

the community, focus on young people and woman.

  • Different social development activities with

the community with focus on sustainable business.

  • formal and direct meetings with the various

sub communities to improve communication

28

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SLIDE 29

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Human Resources

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SLIDE 30

HR Management Indicators

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HR Management Indicators Year 2011 N° Employees (Teck CDA) 787 N° Contractors 853 Rotation (%) 4,4 Training (%) Man-Hour N° 3,2 54.375 Absenteeism (%) 2,1 Age (Years) 36 Productivity (pound/Day/people) 280 Overtime (%) 1,7

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SLIDE 31

People – Outstanding Activities 2012

  • Implementation of Collective Contracts
  • Supervisors Development Plan (Leadership Program)
  • General Role Career Planning (Closing Gaps, Conversion, Certification)
  • Implement Performance Management for Supervisors and General Role

Succession Plan (Talent Management, Key Positions)

  • Workforce Strategy (Technical and University Degree in Andacollo.

FORCOM program, incorporating women, apprentice and trainee program

  • HR Standardization Process (Legal Compliance)
  • Infrastructure Projects (Dinning Room, Change house, Water Treatment

Plant, Gym, Toilets)

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SLIDE 32

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Women in Chile’s Mining Industry

Minera Esperanza Minera Gaby Minera Escondida Compañía Xstrata Alto Norte Lomas Bayas División Salvador División Ventanas División Andina División El Teniente Los Pelambres El Tesoro Michilla

Teck Carmen de Andacollo

Collahuasi Anglo Amercian Chile

0% 5% 10% 15% 20% 25% 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000

Porcentaje Mujeres Dotación Propia

PARTICIPACIÓN DE LA MUJER EN FAENAS MINERAS ‐ CHILE (Promedio 7%)

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SLIDE 33

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Women in Teck CDA

5 10 15 20 25 30 35

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SLIDE 34

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Women Day in Teck CDA

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SLIDE 35

Andacollo Historical Mining Town

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