Media release
Unaudited interim results
for the six months ended 30 June 2024
for the six months ended 30 June 2024
REVIEW OF OPERATIONS Salient features and cost benchmarks
Excel download
| United States Dollar | South African Rand |
|||||||
| Figures are in millions unless otherwise stated | Total Mine operations and Salares Norte |
Peru | Chile | Ghana | South Africa | |||
| Cerro Corona |
Salares Norte Project1 |
Tarkwa | Damang | South Deep |
South Deep |
|||
| Operating results | ||||||||
| Ore milled/treated (000 tonnes) | Jun 2024 | 9,854 | 1,433 | 12 | 3,667 | 1,236 | 753 | 753 |
|---|---|---|---|---|---|---|---|---|
| Mar 2024 | 9,904 | 1,590 | 4 | 3,683 | 1,240 | 729 | 729 | |
| Yield (grams per tonne) | Jun 2024 | 1.5 | 0.8 | 1.3 | 1.0 | 0.9 | 2.4 | 2.4 |
| Mar 2024 | 1.5 | 0.8 | 0.1 | 1.1 | 0.9 | 2.5 | 2.5 | |
| Gold produced (000 managed equivalent ounces) | Jun 2024 | 471.2 | 36.5 | 0.5 | 115.9 | 37.3 | 58.5 | 1,818 |
| Mar 2024 | 482.7 | 42.0 | – | 131.8 | 34.6 | 58.3 | 1,814 | |
| Gold produced (000 attributable equivalent ounces) | Jun 2024 | 453.7 | 36.3 | 0.5 | 104.3 | 33.5 | 56.4 | 1,753 |
| Mar 2024 | 463.8 | 41.8 | – | 118.6 | 31.1 | 56.3 | 1,750 | |
| Gold sold (000 managed equivalent ounces) | Jun 2024 | 491.7 | 37.9 | 0.5 | 120.8 | 37.9 | 59.6 | 1,855 |
| Mar 2024 | 468.9 | 41.7 | – | 127.3 | 33.5 | 53.5 | 1,666 | |
| Cost of sales before amortisation and depreciation (million) | Jun 2024 | (570.8) | (45.3) | (0.4) | (132.6) | (59.5) | (88.8) | (1,650.6) |
| Mar 2024 | (505.0) | (49.3) | 22.9 | (131.5) | (59.5) | (76.8) | (1,449.2) | |
| Cost of sales before gold inventory change and amortisation and depreciation (Dollar per tonne) | Jun 2024 | 53 | 40 | 147 | 33 | 25 | 119 | 2,214 |
| Mar 2024 | 51 | 32 | 2,622 | 32 | 25 | 111 | 2,094 | |
| Sustaining capital (million) | Jun 2024 | (211.9) | (4.5) | (35.1) | (57.9) | (1.8) | (26.0) | (483.4) |
| Mar 2024 | (174.2) | (5.4) | (22.7) | (54.4) | (2.9) | (18.1) | (340.9) | |
| Non-sustaining capital (million) | Jun 2024 | (83.1) | (0.2) | (61.4) | – | – | – | – |
| Mar 2024 | (130.0) | (0.1) | (111.1) | – | – | – | – | |
| Total capital expenditure (million) | Jun 2024 | (295.0) | (4.7) | (96.5) | (57.9) | (1.8) | (26.0) | (483.4) |
| Mar 2024 | (304.2) | (5.5) | (133.8) | (54.4) | (2.9) | (18.1) | (340.9) | |
| All-in sustaining costs (Dollar per ounce) | Jun 2024 | 1,737 | 546 | 74,677 | 1,897 | 1,787 | 1,924 | 1,149,439 |
| Mar 2024 | 1,724 | 1,076 | – | 1,751 | 2,063 | 1,886 | 1,144,350 | |
| Total all-in cost (Dollar per ounce) | Jun 2024 | 1,937 | 672 | 206,790 | 1,897 | 1,787 | 1,924 | 1,149,439 |
| Mar 2024 | 2,052 | 1,116 | – | 1,751 | 2,063 | 1,886 | 1,144,350 | |
Average exchange rates were US$1 = R18.56, US$1 = R18.87 for the June 2024 and March 2024 quarters.
The Australian/US Dollar exchange rates were A$1 = US$0.66, A$1 = US$0.66 for the June 2024 and March 2024 quarters.
Figures may not add as they are rounded independently.
| United States Dollar | Australian Dollar | ||||||||
| Figures are in millions unless otherwise stated | Australia | Australia | |||||||
| Agnew | St Ives | Granny Smith |
Gruyere 50% |
Agnew | St Ives | Granny Smith |
Gruyere 50% |
||
| Operating results | |||||||||
| Ore milled/treated (000 tonnes) | Jun 2024 | 313 | 1,039 | 360 | 1,041 | 313 | 1,039 | 360 | 1,041 |
|---|---|---|---|---|---|---|---|---|---|
| Mar 2024 | 288 | 1,011 | 389 | 969 | 288 | 1,011 | 389 | 969 | |
| Yield (grams per tonne) | Jun 2024 | 5.7 | 2.1 | 5.5 | 0.9 | 5.7 | 2.1 | 5.5 | 0.9 |
| Mar 2024 | 5.8 | 2.1 | 4.9 | 1.0 | 5.8 | 2.1 | 4.9 | 1.0 | |
| Gold produced (000 managed equivalent ounces) | Jun 2024 | 57.0 | 70.1 | 64.2 | 31.3 | 57.0 | 70.1 | 64.2 | 31.3 |
| Mar 2024 | 53.3 | 68.9 | 61.7 | 32.2 | 53.3 | 68.9 | 61.7 | 32.2 | |
| Gold produced (000 attributable equivalent ounces) | Jun 2024 | 57.0 | 70.1 | 64.2 | 31.3 | 57.0 | 70.1 | 64.2 | 31.3 |
| Mar 2024 | 53.3 | 68.9 | 61.7 | 32.2 | 53.3 | 68.9 | 61.7 | 32.2 | |
| Gold sold (000 managed equivalent ounces) | Jun 2024 | 59.3 | 71.4 | 72.9 | 31.2 | 59.3 | 71.4 | 72.9 | 31.2 |
| Mar 2024 | 53.7 | 73.8 | 53.0 | 32.3 | 53.7 | 73.8 | 53.0 | 32.3 | |
| Cost of sales before amortisation and depreciation (million) | Jun 2024 | (59.4) | (90.7) | (63.6) | (30.4) | (90.1) | (137.7) | (96.5) | (46.1) |
| Mar 2024 | (46.8) | (88.2) | (47.9) | (27.9) | (71.2) | (134.1) | (72.8) | (42.3) | |
| Cost of sales before gold inventory change and amortisation and depreciation (Dollar per tonne) | Jun 2024 | 166 | 82 | 152 | 25 | 251 | 124 | 230 | 38 |
| Mar 2024 | 183 | 77 | 152 | 24 | 277 | 117 | 231 | 37 | |
| Sustaining capital (million) | Jun 2024 | (15.5) | (37.4) | (14.8) | (19.0) | (23.5) | (56.8) | (22.5) | (28.8) |
| Mar 2024 | (11.2) | (31.8) | (10.4) | (17.2) | (17.1) | (48.3) | (15.8) | (26.2) | |
| Non-sustaining capital (million) | Jun 2024 | (5.9) | (6.8) | (8.7) | – | (9.0) | (10.2) | (13.3) | – |
| Mar 2024 | (5.1) | (5.7) | (8.0) | – | (7.8) | (8.6) | (12.2) | – | |
| Total capital expenditure (million) | Jun 2024 | (21.4) | (44.2) | (23.5) | (19.0) | (32.5) | (67.0) | (35.8) | (28.8) |
| Mar 2024 | (16.3) | (37.5) | (18.4) | (17.2) | (24.9) | (56.9) | (28.0) | (26.2) | |
| All-in sustaining costs (Dollar per ounce) | Jun 2024 | 1,390 | 1,913 | 1,188 | 1,774 | 2,110 | 2,903 | 1,802 | 2,691 |
| Mar 2024 | 1,317 | 1,811 | 1,350 | 1,737 | 2,002 | 2,753 | 2,051 | 2,639 | |
| Total all-in cost (Dollar per ounce) | Jun 2024 | 1,518 | 2,064 | 1,316 | 1,784 | 2,303 | 3,132 | 1,997 | 2,707 |
| Mar 2024 | 1,486 | 1,943 | 1,512 | 1,742 | 2,258 | 2,954 | 2,299 | 2,647 | |
Average exchange rates were US$1 = R18.56, US$1 = R18.87 for the June 2024 and March 2024 quarters.
The Australian/US Dollar exchange rates were A$1 = US$0.66, A$1 = US$0.66 for the June 2024 and March 2024 quarters.
Figures may not add as they are rounded independently.