ORICA GHANA LIMITED

Tax File No. 424M001628

PMB CT 472 Cantonments
Accra, Ghana

#5, Fifth Street

Off Sechi Street
26 July 2012 Airport Residential Area

Manager – Services Tel: +233 (0) 302 775 100

Fax : +233 (0) 302 767 728
Supply Chain Management
http://www.oricaminingservices.com
Newmont Ghana Gold Limited
Ahafo Mine.

Attention: Bright Dzah/Robert Lugushie

Dear Sir,

EXPLOSIVES PRICES FOR THE PERIOD JULY 2012 – DECEMBER 2012

Please find below the Adjusted Price List for the period July 2012 to December 2012
agreed to, during our recent mid-year Contractual Price Review discussion held on 12 July
2012 at the Ahafo Mine site for your perusal. Please note that the new price list takes effect
from July 2012.

Kind regards

Francis Decker
Country Manager
Orica Ghana Limited

cc
Ahafo Drill and Blast General Foreman
Operations Project Manager, Subika Underground Project
INITIATION SYSTEMS and HIGH EXPLOSIVES Adjusted
Price
A. Products SURFACE Units Stock Code (USD)
Detonating Cord, 6 gm / meter Per Meter EXP CRD 001 $ 0.38
Detonating Cord, 9 gm / meter Per Meter EXP CRD 002 $ 0.60
Lead-in Line (cost per 100m) 100m EXP SHT 001 $ 53.17
Electronic Detonator - 15 meter Each EXP EBS 003 $ 21.59
Electronic Detonator - 25 meter Each EXP EBS 004 $ 26.33
Electronic Detonator Connector - 5 meter Each NEX EBS 001 $ 6.16
Surface Delay Detonator, non electric, 17 ms, 6 m Each EXP SHT 002 $ 4.76
Surface Delay Detonator, non electric, 25 ms, 6 m Each EXP SHT 003 $ 4.76
Surface Delay Detonator, non electric, 42 ms, 6 m Each EXP SHT 004 $ 4.76
Surface Delay Detonator, non electric, 75 ms, 6 m Each EXP SHT 005 $ 4.76
Surface Delay Detonator, non electric, 100 ms, 6 m Each EXP SHT 006 $ 4.76
In hole delay detonator, 500 ms, 12 m Each EXP SHT 012 $ 6.67
In hole delay detonator, 500 ms, 4.2 m Each EXP SHT 013 $ 6.35
In hole delay detonator, 500 ms, 24 m Each EXP SHT 014 $ 9.40
Blasting Cables (100 m lengths) Each EQU EBS 012 $ 59.64
Booster 400 gram Cast Pentolite Each EXP PRI 002 $ 6.84

Adjusted
B. Products UNDERGROUND Units Stock Code Price (USD)
ANFO Kg EXP PRI 006 $ 1.32
Subtek Charge™ UG Emulsion Kg EXP PRI 005 $ 1.32
Senatel Pulsar 32mmx580mm Case EXP PRI 008 $ 108.85
Detonating Cord, 6 gm / meter m EXP CFS 005 $ 0.38
Boosters 150 gram Each EXP PRI 002 $ 4.46
Boosters 60 gram Each EXP PRI 003 $ 2.86
Electric Detonator - 4 meter Instantaneous 1.4S Each EXP EBS 020 $ 3.88
Blasting Machine CB 20VA Each EQU EBS 016 $ 903.65
Blasting Cables (100 m lengths) Each EQU EBS 012 $ 59.64
Dynashock LP 6.0m 1.4S (Delay # 0 - 500) Each EXP SHT 020 $ 3.80
Dynashock LP 6.0m 1.4S (Delay # 600 - 1000) Each EXP SHT 021 $ 3.97
Dynashock LP 6.0m 1.4S (Delay # 1100 - 1400) Each EXP SHT 022 $ 4.00
Dynashock LP 6.0m 1.4S (Delay # 1600 - 6000) Each EXP SHT 023 $ 4.34
Dynashock Unidet/SL0 6.0m 1.4S Each EXP SHT 036 $ 4.05
Electronic Detonator - 30 meter Each EXP EBS 005 $ 26.54
Electronic Detonator - 37 meter Each EXP EBS 006 $ 27.38

AMMONIUM NITRATE Adjusted

C. Products AN Units Stock Code Price (USD)
Ammonium Nitrate Tonne $ 617.20