SALIENT FEATURE AND COST BENCHMARKS
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United States Dollars |
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Figures in millions
unless otherwise stated |
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| Operating Results |
June 2019 |
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9,037 |
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8,418 |
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282 |
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5,227 |
3,441 |
1,167 |
619 |
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1,652 |
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| Ore milled/treated Օ (000 tonnes) |
March 2019 |
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8,878 |
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8,328 |
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259 |
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5,146 |
3,445 |
1,150 |
551 |
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1,696 |
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June 2018 |
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8,314 |
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8,314 |
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393 |
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4,524 |
3,473 |
1,051 |
− |
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1,665 |
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| Yield (grams per tonne) Օ |
June 2019 |
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1.9 |
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1.9 |
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6.3 |
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1.3 |
1.2 |
1.5 |
1.4 |
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1.5 |
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March 2019 |
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2.0 |
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2.0 |
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4.1 |
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1.3 |
1.2 |
1.5 |
1.5 |
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1.4 |
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June 2018 |
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2.0 |
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2.0 |
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3.9 |
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1.3 |
1.2 |
1.6 |
− |
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1.3 |
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| Gold produced (000 managed equivalent ounces) |
June 2019 |
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559.9 |
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532.0 |
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57.3 |
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216.8 |
134.2 |
54.6 |
27.9 |
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80.3 |
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March 2019 |
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561.5 |
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534.2 |
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34.3 |
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221.1 |
136.7 |
57.2 |
27.2 |
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76.8 |
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June 2018 |
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523.2 |
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523.2 |
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48.8 |
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186.7 |
133.1 |
53.5 |
− |
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69.0 |
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| Gold sold (000 managed equivalent ounces) |
June 2019 |
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565.6 |
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535.7 |
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58.6 |
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218.7 |
134.2 |
54.6 |
29.9 |
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76.9 |
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March 2019 |
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550.1 |
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526.1 |
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31.6 |
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217.9 |
136.7 |
57.2 |
24.0 |
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79.6 |
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June 2018 |
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522.9 |
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522.9 |
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50.3 |
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186.7 |
133.1 |
53.5 |
− |
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66.5 |
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| Cost of sales before amortisation |
June 2019 |
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(379.5) |
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(358.1) |
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(65.1) |
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(138.2) |
(86.5) |
(30.3) |
(21.4) |
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(38.7) |
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| and depreciation (million) |
March 2019 |
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(357.4) |
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(336.7) |
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(52.3) |
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(119.9) |
(70.7) |
(28.4) |
(20.8) |
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(42.4) |
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June 2018 |
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(347.7) |
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(347.7) |
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(74.4) |
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(107.5) |
(73.5) |
(34.0) |
− |
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(39.6) |
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| Cost of sales before gold inventory |
June 2019 |
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42 |
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42 |
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222 |
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27 |
26 |
28 |
32 |
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24 |
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| change and amortisation and |
March 2019 |
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41 |
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41 |
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217 |
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27 |
23 |
29 |
42 |
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25 |
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| depreciation (dollar per tonne) |
June 2018 |
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42 |
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42 |
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187 |
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23 |
19 |
37 |
− |
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23 |
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| Sustaining capital |
June 2019 |
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(129.5) |
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(118.4) |
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(8.3) |
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(42.3) |
(29.7) |
(1.5) |
(11.0) & |
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(9.5) |
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| (million) original interpretation |
March 2019 |
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(127.3) |
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(125.8) |
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(9.3) |
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(42.6) |
(38.6) |
(2.5) |
(1.5) |
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(6.9) |
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June 2018 |
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(134.4) |
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(134.4) |
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(10.6) |
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(48.0) |
(44.4) |
(3.6) |
− |
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(7.0) |
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| Non-sustaining capital (million) |
June 2019 |
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(66.3) Δ |
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(64.7) Δ |
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– |
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(24.9) |
– |
(23.2) # |
(1.7) |
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− |
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| original interpretation |
March 2019 |
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(47.8) Δ |
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(46.0) Δ |
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– |
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(24.4) |
– |
(22.5) # |
(1.8) |
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− |
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June 2018 |
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(39.7) |
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(39.7) |
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(7.4) |
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(32.4) |
− |
(32.4) # |
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− |
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| Total capital expenditure (million) |
June 2019 |
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(195.8) Δ |
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(183.1) Δ |
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(8.3) |
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(67.2) |
(29.7) |
(24.7) |
(12.7) |
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(9.5) |
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March 2019 |
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(175.1) Δ |
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(171.8) Δ |
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(9.3) |
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(66.9) |
(38.6) |
(25.0) |
(3.3) |
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(6.9) |
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June 2018 |
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(174.2) |
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(174.2) |
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(18.0) |
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(80.4) |
(44.4) |
(36.0) |
− |
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(7.0) |
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| All-in-sustaining costs |
June 2019 |
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970 |
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958 |
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1,275 |
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917 |
958 |
673 |
1,180 |
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|
381 |
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| (dollar per ounce) original interpretation |
March 2019 |
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946 |
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939 |
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1,992 |
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869 |
922 |
633 |
1,123 |
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|
203 |
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June 2018 |
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969 |
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969 |
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1,736 |
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897 |
955 |
746 |
− |
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|
316 |
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| All-in-sustaining costs |
June 2019 |
|
895 |
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|
878 |
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1,275 |
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917 |
958 |
673 |
1,180 |
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|
364 |
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| (dollar per ounce) revised interpretation |
March 2019 |
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858 |
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|
845 |
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1,992 |
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869 |
922 |
633 |
1,123 |
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|
168 |
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| Total all-in-cost (dollar per ounce) |
June 2019 |
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1,096 |
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1,087 |
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1,275 |
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1,032 |
958 |
1,097 |
1,247 |
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|
381 |
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March 2019 |
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1,040 |
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1,034 |
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1,992 |
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983 |
922 |
1,027 |
1,219 |
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203 |
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June 2018 |
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1,051 |
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1,051 |
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1,882 |
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1,069 |
955 |
1,347 |
− |
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|
316 |
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United States Dollars |
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Australian Dollars |
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| Operating Results |
June 2019 |
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1,877 |
1,152 |
305 |
420 |
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1,877 |
1,152 |
305 |
420 |
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| Ore milled/treated (000 tonnes) |
March 2019 |
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1,778 |
1,099 |
281 |
398 |
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1,778 |
1,099 |
281 |
398 |
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June 2018 |
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1,732 |
1,020 |
305 |
407 |
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1,732 |
1,020 |
305 |
407 |
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| Yield (grams per tonne) |
June 2019 |
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3.3 |
2.3 |
5.8 |
4.8 |
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3.3 |
2.3 |
5.8 |
4.8 |
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March 2019 |
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4.0 |
2.9 |
6.3 |
5.4 |
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4.0 |
2.9 |
6.3 |
5.4 |
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June 2018 |
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3.9 |
2.9 |
5.8 |
5.2 |
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3.9 |
2.9 |
5.8 |
5.2 |
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| Gold produced (000 managed equivalent ounces) |
June 2019 |
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205.6 |
84.6 |
56.4 |
64.7 |
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205.6 |
84.6 |
56.4 |
64.7 |
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March 2019 |
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229.2 |
103.0 |
56.9 |
69.3 |
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229.2 |
103.0 |
56.9 |
69.3 |
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June 2018 |
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218.8 |
94.6 |
56.8 |
67.4 |
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218.8 |
94.6 |
56.8 |
67.4 |
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| Gold sold (000 managed equivalent ounces) |
June 2019 |
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211.5 |
90.2 |
56.5 |
64.8 |
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211.5 |
90.2 |
56.5 |
64.8 |
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March 2019 |
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221.0 |
92.9 |
59.0 |
69.1 |
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221.0 |
92.9 |
59.0 |
69.1 |
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June 2018 |
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219.4 |
95.1 |
56.9 |
67.4 |
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219.4 |
95.1 |
56.9 |
67.4 |
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| Cost of sales before amortisation |
June 2019 |
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(137.5) |
(60.7) |
(39.3) |
(37.5) |
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(196.2) |
(86.7) |
(56.1) |
(53.4) |
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| and depreciation (million) |
March 2019 |
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(142.9) |
(61.7) |
(42.3) |
(38.9) |
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(200.7) |
(86.7) |
(59.4) |
(54.6) |
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June 2018 |
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(126.2) |
(48.0) |
(37.4) |
(40.8) |
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(166.3) |
(62.9) |
(49.6) |
(53.8) |
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| Cost of sales before gold inventory |
June 2019 |
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70 |
49 |
135 |
90 |
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|
99 |
69 |
192 |
129 |
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| change and amortisation and |
March 2019 |
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73 |
47 |
137 |
98 |
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|
103 |
67 |
193 |
138 |
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| depreciation (dollar per tonne) |
June 2018 |
|
77 |
53 |
127 |
99 |
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|
101 |
70 |
168 |
130 |
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| Sustaining capital |
June 2019 |
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(69.4) |
(25.9) |
(26.2) |
(17.3) |
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(99.0) |
(36.9) |
(37.4) |
(24.7) |
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| (million) (original interpretation) |
March 2019 |
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(68.5) |
(24.9) |
(28.5) |
(15.1) |
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(96.3) |
(34.9) |
(40.1) |
(21.3) |
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June 2018 |
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(68.7) |
(26.9) |
(19.1) |
(22.8) |
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(90.8) |
(35.5) |
(25.2) |
(30.0) |
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| Non-sustaining capital |
June 2019 |
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(41.5)Δ |
− |
− |
− |
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|
(59.0) Δ |
− |
− |
− |
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| (million) (original interpretation) |
March 2019 |
|
(23.5) Δ |
− |
− |
− |
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|
(33.0) Δ |
− |
− |
− |
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June 2018 |
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− |
− |
− |
− |
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− |
− |
− |
− |
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| Total capital expenditure (million) |
June 2019 |
|
(110.9) Δ |
(25.9) |
(26.2) |
(17.4) |
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(158.0) Δ |
(36.9) |
(37.4) |
(24.7) |
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March 2019 |
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(92.0) Δ |
(24.9) |
(28.5) |
(15.1) |
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(129.3) Δ |
(34.9) |
(40.1) |
(21.3) |
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June 2018 |
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(68.7) |
(26.9) |
(19.1) |
(22.8) |
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(90.8) |
(35.5) |
(25.2) |
(30.0) |
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| All-in-sustaining costs |
June 2019 |
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1,052 |
1,029 |
1,224 |
936 |
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1,502 |
1,468 |
1,747 |
1,335 |
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| (dollar per ounce) original Interpretation |
March 2019 |
|
1,031 |
988 |
1,253 |
857 |
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1,449 |
1,387 |
1,760 |
1,204 |
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June 2018 |
|
940 |
839 |
1,044 |
995 |
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|
1,240 |
1,103 |
1,383 |
1,311 |
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| All-in-sustaining costs |
June 2019 |
|
868 |
873 |
983 |
760 |
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|
1,238 |
1,245 |
1,402 |
1,085 |
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| (dollar per ounce) revised interpretation |
March 2019 |
|
815 |
846 |
907 |
695 |
|
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|
1,145 |
1,189 |
1,275 |
977 |
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| Total all-in-cost (dollar per ounce) |
June 2019 |
|
1,249 |
1,029 |
1,224 |
936 |
|
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|
1,781 |
1,468 |
1,747 |
1,335 |
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March 2019 |
|
1,138 |
988 |
1,253 |
857 |
|
|
|
1,598 |
1,387 |
1,760 |
1,204 |
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June 2018 |
|
940 |
839 |
1,044 |
995 |
|
|
|
1,240 |
1,103 |
1,383 |
1,311 |
|
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South African
Rand |
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| |
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| Operating Results |
|
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| Ore milled/treated (000 tonnes) |
June 2019 |
|
282 |
|
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March 2019 |
|
259 |
|
| |
June 2018 |
|
393 |
|
| Yield (grams per tonne) |
June 2019 |
|
6.3 |
|
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March 2019 |
|
4.1 |
|
| |
June 2018 |
|
3.9 |
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| Gold produced (000 managed equivalent ounces) |
June 2019 |
|
1,782 |
|
| |
March 2019 |
|
1,069 |
|
| |
June 2018 |
|
1,518 |
|
| Gold sold (000 managed equivalent ounces) |
June 2019 |
|
1,822 |
|
| |
March 2019 |
|
982 |
|
| |
June 2018 |
|
1,565 |
|
| Cost of sales before amortisation and depreciation (million) |
June 2019 |
|
(934.7) |
|
| |
March 2019 |
|
(734.1) |
|
| |
June 2018 |
|
(930.6) |
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| Cost of sales before gold inventory change and amortisation and depreciation (dollar per tonne) |
June 2019 |
|
3,189 |
|
| |
March 2019 |
|
3,044 |
|
| |
June 2018 |
|
2,336 |
|
| Sustaining capital (million) (original interpretation) |
June 2019 |
|
(119.2) |
|
| |
March 2019 |
|
(130.8) |
|
| |
June 2018 |
|
(131.8) |
|
| Non-sustaining capital (million) (original interpretation) |
June 2019 |
|
− |
|
| |
March 2019 |
|
− |
|
| |
June 2018 |
|
(91.4) |
|
| Total capital expenditure (million) |
June 2019 |
|
(119.2) |
|
| |
March 2019 |
|
(130.8) |
|
| |
June 2018 |
|
(223.2) |
|
| All-in-sustaining costs (dollar per ounce) original Interpretation |
June 2019 |
|
590,492 |
|
| |
March 2019 |
|
900,408 |
|
| |
June 2018 |
|
697,450 |
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| All-in-sustaining costs (dollar per ounce) revised interpretation |
June 2019 |
|
590,492 |
|
| |
March 2019 |
|
900,408 |
|
| |
|
|
|
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| Total all-in-cost (dollar per ounce) |
June 2019 |
|
590,492 |
|
| |
March 2019 |
|
900,408 |
|
| |
June 2018 |
|
755,930 |
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Average exchange rates were US$1 = R14.40, US$1 = R14.04 and US$1 = R12.49 for the June 2019, March 2019 and June 2018 quarters, respectively.
The Australian/US dollar exchange rates were A$1 = US$0.70, A$1 = US$0.71 and A$1 = US$0.76 for the June 2019, March 2019 and June 2018 quarters, respectively.
Figures may not add as they are rounded independently.
# Relates to non-sustaining capital expenditure for Damang re-investment project.
* Equity accounted Joint Venture.
& Includes Gold Fields 45 per cent share of deferred stripping of US$20.5 million and US$2.9 million for the June 2019 and March 2019 quarters, respectively.
Δ Includes non-sustaining capital expenditure for Gruyere Gold mine project of US$23.5 million (A$33.0 million) for March 2019 and US$41.5 million (A$59.0 million) for June 2019.
Օ Excludes Gruyere physicals.
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