Tarkwa gold mine - Operating statistics

Historic performance  
  Units   Dec 2017   Dec 2016   Dec 2015  
Open pit mining
Total mined kt   103,788   101,154   101,421  
– Waste mined (opex) kt   35,507   36,091   33,836  
– Waste mined (capex) kt   51,578   50,512   52,831  
– Ore mined kt   16,703   14,551   14,754  
Mined grade g/t   1.34   1.38   1.42  
Strip ratio (tonnes) waste:ore   5.2   6.4   5.9  
Processing
CIL tonnes treated kt   13,527   13,608   13,520  
Head grade g/t   1.37   1.36   1.38  
Yield g/t   1.30   1.30   1.35  
Plant recovery factor %   96.7   97.0   96.8  
Total gold production koz   566   568   586  
kg   17,605   17,668   18,228  
Financials
Average Au price received US$/oz   1,254   1,248   1,161  
Cost of sales before amortisation and depreciation US$m   306   327   327  
US$/oz   541   576   570
Capital expenditure US$m   181   168   204  
US$/oz   320   296   348
AISC US$/oz   940   959   970  
Life-of-mine
Mineral Reserves Mt   194.7   196.1   211.3  
Mineral Reserves head grade1 g/t   0.94   0.96   0.99  
Mineral Reserves Moz   5.91   6.08   6.75  

Rounding-off of figures presented in this report may result in minor computational discrepancies. Where this occurs, it is not deemed significant

1 Open pit Mineral Reserve grade = 1.23g/t (excluding surface stockpiles)