Total cash cost

Gold Industry Standards Basis

Figures are in South African rand millions unless otherwise stated

		Total Mine Operations	South Africa Region					West Africa Region			South America Region	Australasia Region


								Ghana			Peru	Australia
				Total	KDC	Beatrix	South Deep	Total	Tarkwa	Damang	Cerro Corona	Total	St Ives	Agnew
				Total	KDC	Beatrix	South Deep	Total	Tarkwa	Damang	Cerro Corona	Total	St Ives	Agnew
Operating costs⁽¹⁾	June 2011	(5,250.7)		(3,074.0)	(1,915.4)	(625.2)	(533.4)	(957.0)	(735.5)	(221.5)	(254.7)	(965.0)	(734.9)	(230.1)
	March 2011	(4,959.0)		(2,782.7)	(1,720.9)	(549.4)	(512.4)	(1,011.4)	(735.7)	(275.7)	(288.1)	(876.8)	(675.0)	(201.8)
	Year to date	(10,209.7)		(5,856.7)	(3,636.3)	(1,174.6)	(1,045.8)	(1,968.4)	(1,471.2)	(497.2)	(542.8)	(1,841.8)	(1,409.9)	(431.9)
Gold-in-process and	June 2011	114.7		-	-	-	-	107.1	115.7	(8.6)	8.9	(1.3)	(3.9)	2.6
inventory change*	March 2011	75.6		-	-	-	-	133.4	130.5	2.9	(11.6)	(46.2)	(44.3)	(1.9)
	Year to date	190.3		-	-	-	-	240.5	246.2	(5.7)	(2.7)	(47.5)	(48.2)	0.7
Less:	June 2011	(27.3)		(17.3)	(12.4)	(3.6)	(1.3)	(4.8)	(4.2)	(0.6)	(0.8)	(4.4)	(3.5)	(0.9)
Rehabilitation costs	March 2011	(24.1)		(17.3)	(12.4)	(3.6)	(1.3)	(1.6)	(1.1)	(0.5)	(0.9)	(4.3)	(3.5)	(0.8)
	Year to date	(51.4)		(34.6)	(24.8)	(7.2)	(2.6)	(6.4)	(5.3)	(1.1)	(1.7)	(8.7)	(7.0)	(1.7)
General and admin	June 2011	(119.0)		(39.8)	(28.3)	(5.3)	(6.2)	(61.0)	(54.5)	(6.5)	5.2	(23.4)	(15.3)	(8.1)
	March 2011	(176.6)		(68.0)	(46.3)	(11.6)	(10.1)	(61.6)	(54.8)	(6.8)	(15.6)	(31.4)	(20.2)	(11.2)
	Year to date	(295.6)		(107.8)	(74.6)	(16.9)	(16.3)	(122.6)	(109.3)	(13.3)	(10.4)	(54.8)	(35.5)	(19.3)
Plus:	June 2011	(236.4)		(42.3)	(33.3)	(5.1)	(3.9)	(122.1)	(93.1)	(29.0)	(30.4)	(41.6)	(28.0)	(13.6)
Royalties	March 2011	(164.6)		(35.3)	(28.1)	(3.6)	(3.6)	(70.5)	(53.9)	(16.6)	(19.9)	(38.9)	(29.6)	(9.3)
	Year to date	(401.0)		(77.6)	(61.4)	(8.7)	(7.5)	(192.6)	(147.0)	(45.6)	(50.3)	(80.5)	(57.6)	(22.9)
TOTAL CASH COST⁽²⁾	June 2011	(5,226.1)		(3,059.2)	(1,908.0)	(621.4)	(529.8)	(906.2)	(654.2)	(252.0)	(280.6)	(980.1)	(748.0)	(232.1)
	March 2011	(4,847.3)		(2,732.7)	(1,690.3)	(537.8)	(504.6)	(885.3)	(603.2)	(282.1)	(303.1)	(926.2)	(725.2)	(201.0)
	Year to date	(10,073.4)		(5,791.9)	(3,598.3)	(1,159.2)	(1,034.4)	(1,791.5)	(1,257.4)	(534.1)	(583.7)	(1,906.3)	(1,473.2)	(433.1)
Plus:	June 2011	(1,229.2)		(665.9)	(401.1)	(139.0)	(125.8)	(186.9)	(150.4)	(36.5)	(115.2)	(261.2)
Amortisation*	March 2011	(1,198.2)		(648.9)	(413.0)	(97.6)	(138.3)	(195.2)	(151.8)	(43.4)	(102.6)	(251.5)
	Year to date	(2,427.4)		(1,314.8)	(814.1)	(236.6)	(264.1)	(382.1)	(302.2)	(79.9)	(217.8)	(512.7)
Rehabilitation	June 2011	(27.3)		(17.3)	(12.4)	(3.6)	(1.3)	(4.8)	(4.2)	(0.6)	(0.8)	(4.4)
	March 2011	(24.1)		(17.3)	(12.4)	(3.6)	(1.3)	(1.6)	(1.1)	(0.5)	(0.9)	(4.3)
	Year to date	(51.4)		(34.6)	(24.8)	(7.2)	(2.6)	(6.4)	(5.3)	(1.1)	(1.7)	(8.7)
TOTAL PRODUCTION COST⁽³⁾	June 2011	(6,482.6)		(3,742.4)	(2,321.5)	(764.0)	(656.9)	(1,097.9)	(808.8)	(289.1)	(396.6)	(1,245.7)
	March 2011	(6,069.6)		(3,398.9)	(2,115.7)	(639.0)	(644.2)	(1,082.1)	(756.1)	(326.0)	(406.6)	(1,182.0)
	Year to date	(12,552.2)		(7,141.3)	(4,437.2)	(1,403.0)	(1,301.1)	(2,180.0)	(1,564.9)	(615.1)	(803.2)	(2,427.7)
Gold sold	June 2011	944.3		446.5	272.5	98.0	76.1	237.2	180.8	56.3	101.5	159.1	108.7	50.4
– thousand ounces	March 2011	925.1		411.0	262.6	74.4	74.0	243.5	186.1	57.5	112.2	158.4	120.5	37.9
	Year to date	1,869.4		857.7	535.1	172.4	150.0	480.6	366.9	113.8	213.7	317.5	229.1	88.4
TOTAL CASH COST	June 2011	816		1,010	1,033	935	1,027	564	534	660	408	909	1,015	679
– US$/oz	March 2011	751		953	922	1,036	977	521	464	703	387	838	862	760
	Year to date	783		982	977	977	1,002	542	498	682	397	873	935	713
TOTAL CASH COST	June 2011	177,934		220,261	225,133	203,871	223,922	122,841	116,302	143,836	88,882	198,080	221,367	147,929
– R/kg	March 2011	168,455		213,759	206,916	232,411	219,296	116,887	104,234	157,862	86,823	188,023	193,541	170,483
	Year to date	173,243		217,145	216,192	216,188	221,641	119,825	110,182	150,918	87,801	193,063	206,736	157,606
TOTAL PRODUCTION COST	June 2011	1,013		1,236	1,257	1,150	1,274	683	660	757	576	1,155
– US$/oz	March 2011	940		1,185	1,154	1,231	1,248	637	582	813	519	1,069
	Year to date	976		1,210	1,205	1,183	1,260	659	620	786	546	1,112
TOTAL PRODUCTION COST	June 2011	220,714		269,451	273,923	250,656	277,642	148,827	143,787	165,011	125,626	251,758
– R/kg	March 2011	210,933		265,871	258,991	276,145	279,965	142,870	130,655	182,429	116,471	239,951
	Year to date	215,874		267,735	266,595	261,656	278,787	145,810	137,128	173,806	120,818	245,868

DEFINITIONS
Total cash cost and Total production cost are calculated in accordance with the Gold Institute Industry standard.
⁽¹⁾ Operating costs – All gold mining related costs before amortisation/depreciation, changes in gold inventory, taxation and non-recurring items.
⁽²⁾ Total cash cost – Operating costs less off-mine costs, which include general and administration costs, as detailed in the table above.
⁽³⁾ Total production cost – Total cash cost plus amortisation/depreciation and rehabilitation provisions, as detailed in the table above.
* Adjusted for amortisation/depreciation (non-cash item) excluded from gold-in-process change.
Average exchange rates were US$1 = R6.78 and US$1 = R6.98 for the June 2011 and March 2011 quarters respectively.