Metals Acquisition Corp SPAC Presentation Deck
DETOUR GOLD
208% IRR
MAC Track Record of Creating Value for Shareholders
C$2.1bn
May 2019
(Mick Starts as CEO)
NORTHERN S
TRPERPEKT
STAR
91% IRR
A$0.01bn
July 2010
(Northern Star
acquires first mine)
C$4.9bn
Jan 2020
(Kirkland Lake Acquires Detour)
A$13.4bn
June 2021
(Company as of 6/11/2021)
Sources: FactSet. Market data as of 6/11/2021.
(1) Nev Power left Fortescue Metals Group in February 2018.
Mick
Jaco
Patrice
McMullen Crouse Merrin
Market Capitalisation
Reduced AISC by
-$250/oz for a 600koz
producer that was
historically viewed as
underperforming asset.
Bill
Beament
Bill was CEO from
2007 and took NST
from an exploration
company to Australia's
#2 gold producer.
STILLWATER
MINING COMPANY
16% IRR
$1.3bn
Dec 2013
(Mick Starts as CEO)
FMG Fortescue
The hew Force in ton O
13% IRR
A$20.0bn
Feb 2011
(Nev Starts as CEO)
$2.2bn
May 2017
(Sibanye Acquires Stillwater)
A$71.5bn
June 2021
(Company as of 6/11/2021)
Mick
Patrice
McMullen Merrin
Reduced AISC by
$300/oz, developed a
new mine, and built up
its PGM recycling
business.
Nev
Nick
Power Power
From 2011 to 2018,
drove production
increases from 55mm
to 170mm tonnes and
decreased costs from
$53 to $12/tonne to
become Australia's
largest mining company.
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