Total cash cost

Gold Industry Standards Basis

Figures are in South African rand millions unless otherwise stated

                South Africa Region West Africa Region   South
America
Region
    Australasia Region  
           
           
       

Total
Mine
Operations

                  Ghana   Peru     Australia  
        Total   KDC   Beatrix   South
Deep
  Total   Tarkwa   Damang   Cerro
Corona
    Total   St Ives   Agnew  
  Operating costs(1) September 2012     (6,393.1)     (3,591.6)   (2,220.5)   (714.8)   (656.3)   (1,304.1)   (988.7)   (315.4)   (360.8)     (1,136.6)   (821.7)   (314.9)  
    June 2012     (6,067.0)     (3.345.7)   (2,073.8)   (673.2)   (598.7)   (1,307.7)   (988.0)   (319.7)   (319.6)     (1,094.0)   (810.4)   (283.6)  
    Year to date     (18,317.4)     (10,105.7)   (6,265.1)   (2,018.2)   (1,822.4)   (3,864.9)   (2,926.9)   (938.0)   (991.3)     (3,355.5)   (2,455.4)   (900.1)  
  Gold-in-process and September 2012     95.1     -   -   -   -   25.0   23.8   1.2   57.5     12.6   (0.4)   13.0  
  inventory change* June 2012     97.2     -   -   -   -   85.2   70.6   14.6   30.5     (18.5)   (19.4)   0.9  
    Year to date     276.2     -   -   -   -   243.1   211.0   32.1   65.8     (32.7)   (52.2)   19.5  
  Less: September 2012     (33.3)     (14.6)   (9.0)   (3.5)   (2.1)   (9.0)   (7.3)   (1.7)   (2.1)     (7.6)   (6.1)   (1.5)  
       Rehabilitation costs June 2012     (31.6)     (14.4)   (8.8)   (3.6)   (2.0)   (7.9)   (6.3)   (1.6)   (2.1)     (7.2)   (5.8)   (1.4)  
    Year to date     (98.2)     (43.4)   (26.6)   (10.7)   (6.1)   (26.6)   (21.7)   (4.9)   (6.2)     (22.0)   (17.7)   (4.3)  
       General and admin September 2012     (240.5)     (67.6)   (44.3)   (12.4)   (10.9)   (109.3)   (87.6)   (21.7)   (1.5)     (62.1)   (41.8)   (20.3)  
    June 2012     (226.6)     (68.5)   (44.7)   (13.0)   (10.8)   (106.1)   (83.9)   (22.2)   (4.1)     (47.9)   (33.4)   (14.5)  
    Year to date     (716.1)     (201.6)   (131.8)   (37.0)   (32.8)   (329.7)   (260.3)   (69.4)   (8.6)     (176.2)   (117.4)   (58.8)  
  Plus: September 2012     (278.3)     (57.8)   (34.5)   (18.4)   (4.9)   (143.0)   (115.8)   (27.2)   (24.0)     (53.5)   (37.6)   (15.9)  
        Royalties June 2012     (332.9)     (115.6)   (89.8)   (20.7)   (5.1)   (139.7)   (114.9)   (24.8)   (32.8)     (44.8)   (33.7)   (11.1)  
    Year to date     (929.5)     (267.2)   (188.9)   (64.5)   (13.8)   (432.7)   (351.6)   (81.1)   (79.3)     (150.3)   (112.3)   (38.0)  
  TOTAL CASH COST(2)   September 2012     (6,302.5)     (3,567.2)   (2,201.7)   (717.3)   (648.2)   (1,303.8)   (985.8)   (318.0)   (323.7)     (1,107.8)   (811.8)   (296.0)  
    June 2012     (6,044.5)     (3,378.4)   (2,110.1)   (677.3)   (591.0)   (1,248.2)   (942.1)   (306.1)   (315.7)     (1,102.2)   (824.3)   (277.9)  
    Year to date     (18,156.4)     (10,127.9)   (6,295.6)   (2,035.0)   (1,797.3)   (3,698.2)   (2,785.5)   (912.7)   (990.0)     (3,340.3)   (2,484.8)   (855.5)  
  Plus: September 2012     (1,547.6)     (749.0)   (425.4)   (144.0)   (179.6)   (311.2)   (250.0)   (61.2)   (86.9)     (400.5)          
       Amortisation* June 2012     (1,543.3)     (793.9)   (489.1)   (140.4)   (164.4)   (289.5)   (233.0)   (56.5)   (83.9)     (376.0)          
    Year to date     (4,577.0)     (2,240.4)   (1,318.9)   (429.4)   (492.1)   (880.5)   (712.9)   (167.6)   (279.1)     (1,177.0)          
       Rehabilitation September 2012     (33.3)     (14.6)   (9.0)   (3.5)   (2.1)   (9.0)   (7.3)   (1.7)   (2.1)     (7.6)          
    June 2012     (31.6)     (14.4)   (8.8)   (3.6)   (2.0)   (7.9)   (6.3)   (1.6)   (2.1)     (7.2)          
    Year to date     (98.2)     (43.4)   (26.6)   (10.7)   (6.1)   (26.6)   (21.7)   (4.9)   (6.2)     (22.0)          
  TOTAL PRODUCTION September 2012     (7,883.4)     (4,330.8)   (2,636.1)   (864.8)   (829.9)   (1,624.0)   (1,243.1)   (380.9)   (412.7)     (1,515.9)          
  COST(3) June 2012     (7,619.4)     (4,186.7)   (2,608.0)   (821.3)   (757.4)   (1,545.6)   (1,181.4)   (364.2)   (401.7)     (1,485.4)          
    Year to date     (22,831.6)     (12,411.7)   (7,641.1)   (2,475.1)   (2,295.5)   (4,605.3)   (3,520.1)   (1,085.2)   (1,275.3)     (4,539.3)          
  Gold sold September 2012     833.4     387.2   238.3   77.6   71.3   209.3   169.4   39.9   82.7     154.2   106.6   47.6  
  – thousand ounces June 2012     881.2     437.1   279.6   79.6   77.8   214.5   176.3   38.2   81.2     148.4   111.2   37.2  
    Year to date     2,573.5     1,211.8   767.6   236.4   207.7   653.5   531.1   122.4   248.4     459.9   338.2   121.7  
  TOTAL CASH COST September 2012     916     1,115   1,119   1,118   1,101   754   705   964   474     870   922   754  
  – US$/oz June 2012     851     959   936   1,055   942   722   663   995   482     922   920   928  
    Year to date     879     1,041   1,021   1,072   1,077   705   653   928   496     905   915   875  
  TOTAL CASH COST September 2012     243,143     296,205   297,085   297,019   292,377   200,246   187,094   256,039   125,855     231,032   244,813   200,135  
  – R/kg June 2012     220,546     248,503   242,596   273,436   244,215   187,080   171,759   257,877   125,030     238,830   238,306   240,398  
    Year to date     226,825     268,723   263,701   276,720   278,177   181,935   168,624   239,680   128,139     233,522   236,243   225,964  
  TOTAL PRODUCTION September 2012     1,145     1,354   1,339   1,348   1,410   939   888   1,155   604     1,190          
  COST – US$/oz June 2012     1,073     1,188   1,157   1,280   1,208   894   831   1,184   614     1,242          
    Year to date     1,105     1,275   1,240   1,304   1,376   878   825   1,104   639     1,229          
  TOTAL PRODUCTION September 2012     304,132     359,611   355,701   358,095   374,335   249,424   235,927   306,683   160,459     316,142          
  COST – R/kg June 2012     278,009     307,959   299,839   331,570   312,975   231,655   215,387   306,824   159,089     321,863          
    Year to date     285,231     329,319   320,059   336,565   355,286   226,561   213,094   284,979   165,066     317,345          

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 = R8.26 and US$1 = R8.06 for the September 2012 and June 2012 quarters respectively.