Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit Hunting for gold in Africa – it's not all about the geology 20 May 2010 by Katharine Pulvermacher - African Rainbow Consulting

1. PRECIOUS METALS,
DIAMONDS & GEMSTONES
INVESTMENT SUMMIT
11.50 – 12.15
Hunting for gold in Africa – it's not all about the geology
Katharine Pulvermacher – Chief Executive, African
Rainbow Consulting
THE LONDON CHAMBER OF COMMERCE AND INDUSTRY ● THURSDAY, 20 MAY 2010
www.ObjectiveCapitalConferences.com

2. African Rainbow
Consulting
Africa:
Going for Gold
Precious Metals, Diamonds &
Gemstones Investment Summit
London, 20 March 2010
www.africanrainbow.org

3. African
Rainbow Key facts
Consulting
• In 2008 only 20% of gold
mined came from Africa
(GFMS Gold Survey 2009)
• Seven of the top fifteen gold
producers have properties in
Africa
• Africa is home to about half of
the planet’s identified gold
resources
www.africanrainbow.org 3

4. African
Rainbow Cost of doing business
Consulting
www.africanrainbow.org 4

5. African
Rainbow A global perspective
Consulting
www.africanrainbow.org 5

6. African
Rainbow Electricity
Consulting
More than 400 million people don’t have it.
www.africanrainbow.org 6

7. African
Rainbow Sanitation
Consulting
More than half a billion people need a clean loo.
www.africanrainbow.org 7

8. African
Rainbow Life lines
Consulting
Despite exponential growth, there are still over 600 million potential subscribers.
www.africanrainbow.org 8

9. African
Rainbow To be: or PC
Consulting
98 in 100 people haven’t answered this question yet.
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10. African
Rainbow At a glance
Consulting
The Star of Africa™ is a
weighted index that provides an
instant and intuitive five-D view
of a country’s relative
attractiveness to investors.
Each country is compared with
the top-ranking nation in Africa
as well as with the continental
average for each dimension.
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11. African
Rainbow Governance
Consulting
• Derived from World Governance Indicators, a survey published
annually by the World Bank
• “... The traditions and institutions by which authority in a country is
exercised ...”:
– Voice and Accountability
– Political Stability and Absence of Violence
– Governance Effectiveness
– Regulatory Quality
– Rule of Law
– Control of Corruption
www.africanrainbow.org 11

12. African
Rainbow Social Capital
Consulting
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13. African
Rainbow Electricity
Consulting
• The electricity index gives information about the potential market size in terms of
megawatt hours (MWh).
• It is based on the product of the number of people without access to electricity and
the energy poverty line of 50 kg of oil equivalent (koe), i.e. 0.5815 MWh.
• To obtain the actual minimum potential in MWh, simply multiply the country
indicator by 42.
• One MWh is equal to 0.086 tonnes of oil equivalent, i.e. 0.000086 kgoe. 50 kgoe is
equal to 0.5815 MWh.
• This method has the virtue of being transparent but does not take regulatory
aspects and market structure into account.
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14. African
Rainbow ITC
Consulting
• Mobile telephone use – 20% • PC ownership – 20%
• Internet use – 20% • Market competitiveness – 40%
www.africanrainbow.org 14

15. African
Rainbow Water
Consulting
• Sanitation • Supply • Irrigation
www.africanrainbow.org 15

16. African
Rainbow A golden opportunity
Consulting
• Global Reporting Initiative
• ICMM’s Sustainable Development Framework
• South African Mining Charter
• Johannesburg Declaration
• African Mining Vision 2050
Mining companies have a unique opportunity to “do well by doing good”: active and
creative support of social and diversified economic development benefits investors,
corporations and the communities in which they work.
Bon Appétit!
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17. African
Rainbow Disclaimer
Consulting
The information and opinions contained in this presentation have been obtained from sources believed to be reliable, but no
representation or warranty, express or implied, is made that such information is accurate or complete and it should not be
relied upon as such. This presentation does not purport to make any recommendation or provide investment advice to the
effect that any related transaction is appropriate for all investment objectives, financial situations or particular needs. Prior to
making any investment decisions investors should seek advice from their advisors on whether any part of this presentation
is appropriate to their specific circumstances. This presentation is not, and should not be construed as, an offer or
solicitation to buy or sell any related products. Expressions of opinion are those of African Rainbow Consulting Limited only
and are subject to change without notice.
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