SALIENT FEATURE AND COST BENCHMARKS (UNREVIEWED)
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United States Dollars |
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| Figures are in millions unless otherwise stated |
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| Ore milled/treated |
Dec 2018 |
|
8,571 |
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|
8,014 |
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|
8,014 |
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|
159 |
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|
4,986 |
3,457 |
972 |
557 |
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|
1,602 |
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| (000 tonnes) |
Sept 2018 |
|
8,878 |
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|
8,491 |
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|
8,491 |
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|
387 |
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4,914 |
3,450 |
1,077 |
387 |
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|
1,712 |
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Dec 2017 |
|
8,450 |
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8,450 |
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8,609 |
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|
557 |
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4,479 |
3,307 |
1,172 |
− |
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1,659 |
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| Yield |
Dec 2018 |
|
1.8 |
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1.8 |
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1.8 |
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2.1 |
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1.2 |
1.2 |
1.3 |
1.5 |
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1.8 |
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| (grams per tonne) |
Sept 2018 |
|
2.0 |
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|
2.0 |
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2.0 |
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4.0 |
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1.2 |
1.1 |
1.6 |
1.4 |
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1.5 |
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Dec 2017 |
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2.1 |
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2.1 |
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2.1 |
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4.5 |
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1.2 |
1.3 |
0.9 |
− |
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1.5 |
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| Gold produced (000 managed |
Dec 2018 |
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526.5 |
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|
499.6 |
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|
499.6 |
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11.0 |
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200.9 |
134.0 |
40.0 |
26.9 |
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93.2 |
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| equivalent ounces) |
Sept 2018 |
|
550.7 |
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|
533.1 |
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|
533.1 |
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|
49.5 |
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195.5 |
126.5 |
51.3 |
17.6 |
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83.2 |
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Dec 2017 |
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564.1 |
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564.1 |
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570.1 |
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80.8 |
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174.3 |
139.8 |
34.5 |
− |
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80.0 |
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| Gold sold (000 managed |
Dec 2018 |
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524.9 |
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497.1 |
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497.1 |
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16.3 |
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201.9 |
134.0 |
40.0 |
27.8 |
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87.4 |
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| equivalent ounces) |
Sept 2018 |
|
545.6 |
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527.5 |
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527.5 |
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47.3 |
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195.9 |
126.5 |
51.3 |
18.1 |
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80.0 |
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Dec 2017 |
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572.0 |
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572.0 |
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570.3 |
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80.4 |
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174.3 |
139.8 |
34.5 |
− |
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88.2 |
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| Cost of sales before amortisation |
Dec 2018 |
|
(372.3) |
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|
(348.4) |
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(348.4) |
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(52.0) |
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(139.1) |
(82.6) |
(32.6) |
(23.9) |
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(38.4) |
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| and depreciation (million) |
Sept 2018 |
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(352.2) |
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(338.7) |
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(338.7) |
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(66.1) |
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(118.6) |
(76.0) |
(29.1) |
(13.5) |
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(38.9) |
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Dec 2017 |
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(353.3) |
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(353.1) |
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(325.4) |
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(75.0) |
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(105.5) |
(72.3) |
(33.2) |
− |
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(45.2) |
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| Cost of sales before gold inventory |
Dec 2018 |
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43 |
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43 |
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43 |
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|
267 |
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30 |
25 |
40 |
46 |
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27 |
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| change and amortisation and |
Sept 2018 |
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41 |
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41 |
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41 |
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|
178 |
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26 |
21 |
34 |
41 |
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23 |
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| depreciation (dollar per tonne) |
Dec 2017 |
|
43 |
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43 |
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42 |
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|
128 |
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27 |
27 |
27 |
− |
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|
25 |
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| Sustaining capital |
Dec 2018 |
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(134.2) |
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(129.8) |
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(129.8) |
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(10.8) |
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(42.1) |
(34.2) |
(3.4) |
(4.4) |
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|
(12.6) |
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| (million) |
Sept 2018 |
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(142.5) |
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(139.0) |
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(139.0) |
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(10.5) |
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(45.3) |
(38.3) |
(3.5) |
(3.5) |
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(10.7) |
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Dec 2017 |
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(178.2) |
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(178.2) |
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(149.6) |
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(22.3) |
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(41.8) |
(41.8) |
(3.3) |
− |
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(11.5) |
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| Non-sustaining capital |
Dec 2018 |
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(33.5) |
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(29.0) |
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(29.0) |
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(1.3) |
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(32.2)# |
– |
(27.7)# |
(4.5) |
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| (million) |
Sept 2018 |
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(36.3) |
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(35.9) |
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(35.9) |
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(4.8) |
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(31.5) # |
− |
(31.1) # |
(0.4) |
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− |
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Dec 2017 |
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(36.1) |
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(36.1) |
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(38.6) |
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(8.1) |
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(28.0) # |
− |
(28.0) # |
− |
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− |
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| Total capital expenditure |
Dec 2018 |
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(167.7) |
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(158.8) |
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(158.8) |
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(12.1) |
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(74.2) |
(34.2) |
(31.1) |
(8.9) |
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|
(12.6) |
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| (million) |
Sept 2018 |
|
(178.8) |
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|
(174.9) |
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|
(174.9) |
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|
(15.3) |
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|
(76.8) |
(38.3) |
(34.6) |
(3.9) |
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|
(10.7) |
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Dec 2017 |
|
(214.3) |
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|
(214.3) |
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|
(188.0) |
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|
(30.4) |
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|
(69.8) |
(41.8) |
(28.0) |
− |
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|
(11.5) |
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| All-in-sustaining costs |
Dec 2018 |
|
1,009 |
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|
1,003 |
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|
1,003 |
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|
3,906 |
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|
951 |
924 |
937 |
1,105 |
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|
252 |
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| (dollar per ounce) |
Sept 2018 |
|
966 |
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|
960 |
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|
|
960 |
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|
1,663 |
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|
900 |
972 |
682 |
1,018 |
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|
443 |
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Dec 2017 |
|
945 |
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|
945 |
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|
945 |
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|
1,209 |
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|
895 |
871 |
991 |
− |
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|
209 |
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| Total all-in-cost |
Dec 2018 |
|
1,076 |
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|
1,064 |
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|
1,064 |
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|
3,986 |
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|
1,105 |
924 |
1,601 |
1,266 |
|
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|
252 |
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| (dollar per ounce) |
Sept 2018 |
|
1,038 |
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|
1,034 |
|
|
|
1,034 |
|
|
|
1,764 |
|
|
|
1,061 |
972 |
1,288 |
1,039 |
|
|
|
443 |
|
| |
Dec 2017 |
|
1,013 |
|
|
1,013 |
|
|
|
1,310 |
|
|
|
1,310 |
|
|
|
1,055 |
871 |
1,802 |
− |
|
|
|
209 |
|
| |
|
|
United States Dollars |
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|
Australian Dollars |
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| Operating Results |
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| Ore milled/treated |
Dec 2018 |
|
1,824 |
1,081 |
280 |
463 |
|
|
|
1,824 |
1,081 |
280 |
463 |
|
| (000 tonnes) |
Sept 2018 |
|
1,866 |
1,077 |
310 |
479 |
|
|
|
1,866 |
1,077 |
310 |
479 |
|
| |
Dec 2017 |
|
1,755 |
1,040 |
296 |
419 |
|
|
|
1,755 |
1,040 |
296 |
419 |
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| Yield |
Dec 2018 |
|
3.8 |
2.5 |
6.9 |
4.8 |
|
|
|
3.8 |
2.5 |
6.9 |
4.8 |
|
| (grams per tonne) |
Sept 2018 |
|
3.7 |
2.6 |
6.2 |
4.7 |
|
|
|
3.7 |
2.6 |
6.2 |
4.7 |
|
| |
Dec 2017 |
|
4.1 |
2.7 |
6.7 |
5.6 |
|
|
|
4.1 |
2.7 |
6.7 |
5.6 |
|
| Gold produced |
Dec 2018 |
|
221.3 |
87.9 |
62.4 |
71.0 |
|
|
|
221.3 |
87.9 |
62.4 |
71.0 |
|
| (000 managed equivalent ounces) |
Sept 2018 |
|
222.6 |
89.2 |
61.3 |
72.1 |
|
|
|
222.6 |
89.2 |
61.3 |
72.1 |
|
| |
Dec 2017 |
|
229.1 |
90.3 |
63.9 |
74.8 |
|
|
|
229.1 |
90.3 |
63.9 |
74.8 |
|
| Gold sold |
Dec 2018 |
|
219.3 |
87.9 |
60.2 |
71.2 |
|
|
|
219.3 |
87.9 |
60.2 |
71.2 |
|
| (000 managed equivalent ounces) |
Sept 2018 |
|
222.1 |
88.9 |
61.4 |
71.8 |
|
|
|
222.1 |
88.9 |
61.4 |
71.8 |
|
| |
Dec 2017 |
|
229.1 |
90.3 |
63.9 |
74.8 |
|
|
|
229.1 |
90.3 |
63.9 |
74.8 |
|
| Cost of sales before amortisation |
Dec 2018 |
|
(142.8) |
(60.1) |
(39.2) |
(43.5) |
|
|
|
(198.1) |
(82.8) |
(54.7) |
(60.6) |
|
| and depreciation (million) |
Sept 2018 |
|
(128.6) |
(47.5) |
(37.6) |
(43.6) |
|
|
|
(176.1) |
(64.6) |
(51.8) |
(59.7) |
|
| |
Dec 2017 |
|
(127.3) |
(43.2) |
(40.3) |
(43.9) |
|
|
|
(165.7) |
(56.2) |
(52.4) |
(57.0) |
|
| Cost of sales before gold inventory change and |
Dec 2018 |
|
73 |
45 |
146 |
94 |
|
|
|
101 |
62 |
203 |
130 |
|
| amortisation and depreciation (dollar per tonne) |
Sept 2018 |
|
68 |
43 |
122 |
87 |
|
|
|
93 |
60 |
168 |
120 |
|
| |
Dec 2017 |
|
76 |
51 |
137 |
97 |
|
|
|
99 |
66 |
178 |
126 |
|
| Sustaining capital |
Dec 2018 |
|
(68.7) |
(33.8) |
(19.7) |
(15.3) |
|
|
|
(95.9) |
(46.9) |
(27.4) |
(21.6) |
|
| (million) |
Sept 2018 |
|
(76.0) |
(36.4) |
(17.7) |
(21.9) |
|
|
|
(103.9) |
(49.6) |
(24.2) |
(30.0) |
|
| |
Dec 2017 |
|
(102.6) |
(46.9) |
(23.3) |
(32.4) |
|
|
|
(133.5) |
(61.0) |
(30.3) |
(42.2) |
|
| Non-sustaining capital |
Dec 2018 |
|
− |
− |
− |
− |
|
|
|
− |
− |
− |
− |
|
| (million) |
Sept 2018 |
|
– |
– |
– |
– |
|
|
|
– |
– |
– |
– |
|
| |
Dec 2017 |
|
− |
− |
− |
− |
|
|
|
− |
− |
− |
− |
|
| Total capital expenditure |
Dec 2018 |
|
(68.7) |
(33.8) |
(19.7) |
(15.3) |
|
|
|
(95.9) |
(46.9) |
(27.4) |
(21.6) |
|
| (million) |
Sept 2018 |
|
(76.0) |
(36.4) |
(17.7) |
(21.9) |
|
|
|
(103.9) |
(49.6) |
(24.2) |
(30.0) |
|
| |
Dec 2017 |
|
(102.6) |
(46.9) |
(23.3) |
(32.4) |
|
|
|
(133.5) |
(61.0) |
(30.3) |
(42.2) |
|
| All-in-sustaining costs |
Dec 2018 |
|
1,003 |
1,109 |
1,013 |
862 |
|
|
|
1,393 |
1,533 |
1,413 |
1,204 |
|
| (dollar per ounce) |
Sept 2018 |
|
969 |
993 |
945 |
957 |
|
|
|
1,325 |
1,355 |
1,300 |
1,311 |
|
| |
Dec 2017 |
|
1,040 |
1,035 |
1,029 |
1,054 |
|
|
|
1,350 |
1,351 |
1,336 |
1,370 |
|
| Total all-in-cost |
Dec 2018 |
|
1,003 |
1,109 |
1,013 |
862 |
|
|
|
1,393 |
1,533 |
1,413 |
1,204 |
|
| (dollar per ounce) |
Sept 2018 |
|
969 |
993 |
945 |
957 |
|
|
|
1,325 |
1,355 |
1,300 |
1,311 |
|
| |
Dec 2017 |
|
1,040 |
1,035 |
1,029 |
1,054 |
|
|
|
1,350 |
1,351 |
1,336 |
1,370 |
|
| |
|
|
South African
Rand |
|
|
|
United States
Dollars |
|
|
Australian
Dollars |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Results |
|
|
|
|
|
|
|
|
|
|
|
| Ore milled/treated |
Dec 2018 |
|
159 |
|
|
|
– |
|
|
– |
|
| (000 tonnes) |
Sept 2018 |
|
387 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
557 |
|
|
|
– |
|
|
– |
|
| Yield |
Dec 2018 |
|
2.1 |
|
|
|
– |
|
|
– |
|
| (grams per tonne) |
Sept 2018 |
|
4.0 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
4.5 |
|
|
|
– |
|
|
– |
|
| Gold produced (000 managed |
Dec 2018 |
|
343 |
|
|
|
– |
|
|
– |
|
| equivalent ounces) |
Sept 2018 |
|
1,539 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
2,512 |
|
|
|
– |
|
|
– |
|
| Gold sold |
Dec 2018 |
|
508 |
|
|
|
– |
|
|
– |
|
| (000 managed equivalent ounces) |
Sept 2018 |
|
1,472 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
2,500 |
|
|
|
– |
|
|
– |
|
| Cost of sales before amortisation |
Dec 2018 |
|
(762.7) |
|
|
|
– |
|
|
– |
|
| and depreciation (million) |
Sept 2018 |
|
(941.0) |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
(1,026.9) |
|
|
|
(0.2) |
|
|
(0.3) |
|
| Cost of sales before gold inventory change and |
Dec 2018 |
|
4,797 |
|
|
|
– |
|
|
– |
|
| amortisation and depreciation (dollar per tonne) |
Sept 2018 |
|
2,494 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
1,748 |
|
|
|
– |
|
|
– |
|
| Sustaining capital |
Dec 2018 |
|
(152.7) |
|
|
|
– |
|
|
– |
|
| (million) |
Sept 2018 |
|
(145.7) |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
(303.5) |
|
|
|
– |
|
|
– |
|
| Non-sustaining capital |
Dec 2018 |
|
(24.0) |
|
|
|
− |
|
|
− |
|
| (million) |
Sept 2018 |
|
(68.7) |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
(55.2) |
|
|
|
− |
|
|
− |
|
| Total capital expenditure |
Dec 2018 |
|
(176.7) |
|
|
|
– |
|
|
– |
|
| (million) |
Sept 2018 |
|
(214.4) |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
(412.2) |
|
|
|
− |
|
|
− |
|
| All-in-sustaining costs |
Dec 2018 |
|
1,834,112 |
|
|
|
– |
|
|
– |
|
| (dollar per ounce) |
Sept 2018 |
|
758,304 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
532,573 |
|
|
|
– |
|
|
– |
|
| Total all-in-cost |
Dec 2018 |
|
1,881,395 |
|
|
|
– |
|
|
– |
|
| (dollar per ounce) |
Sept 2018 |
|
804,998 |
|
|
|
– |
|
|
– |
|
| |
Dec 2017 |
|
576,043 |
|
|
|
– |
|
|
– |
|
Average exchange rates were US$1 = R14.27, US$1 = R14.03 and US$1 = R13.69 for the December 2018, September 2018 and December 2017 quarters, respectively.
The Australian/US dollar exchange rates were A$1 = US$0.72, A$1 = US$0.73 and A$1 = US$0.77 for the December 2018, September 2018 and December 2017 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
|