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Exploration expenditure

Exploration expenditure

The investment in on-mine and near-mine based exploration over the reporting period totalled US$71.16 million. The US$ exploration spend again centered heavily on Australia (65 per cent) with South Africa (19 per cent), Ghana (15 per cent) and Peru (one per cent) accounting for the remainder.

Exploration expenditure for the 12-month period ending 30 June 2010:

        F2010 expenditure     Total expenditure  
    Meters               F2010   F2009  
  Operations/Region drilled   R million   A$ million US$ million   US$ million   US$ million  
  Driefontein 10,466   8.308       1.096   0.605  
  Kloof 17,246   13.392       1.767   1.252  
  Beatrix 14,068   14.507       1.914   0.381  
  South Deep 20,391   62.963       8.307   5.912  
  West Wits (WWTTP*)   1.541       0.203   1.815  
  Total South Africa Region 62,171   100.712       13.286   9.965  
  Tarkwa**            
  Damang 41,048       10.783   10.783   5.005  
  Total West Africa Region 41,048       10.783   10.783   5.005  
  St Ives 234,497     33.121     29.176   20.523  
  Agnew 106,943     19.140     16.860   12.972  
  Total Australasia Region 341,440     52.261     46.037   33.495  
  Cerro Corona 5,900       1.051   1.051    
  Total South America Region 5,900       1.051   1.051    
  Total International regions 388,388     52.261   11.835   57.872   38.500  
  Global total 450,559   100.712   52.261   11.835   71.158   48.465  

Exchange rates: R:US$ – 7.58 and A$:US$ – 1.1352. All mines exclusive of non-capex grade control and cover drilling.
* Analytical cost only. Exploration drilling completed in financial 2009.
** Grade control and geotechnical drilling only.