Exploration expenditure
During F2009, the Group’s investment in exploration
on-mine or near mine has remained at high levels,
with expenditure for the period under review
amounting to a total of US$48.5 million. The on-mine
exploration centred heavily on the Australasia
Region (US$33.5 million) with the South Africa
Region (US$10.0 million) and the West Africa Region
(US$5.0 million) accounting for the remainder.
Greenfields exploration, either funded in-house
or in collaboration with exploration partnerships
and joint ventures amounted to a total spend of
US$48.7 million.
On mine exploration metres drilled and expenditure
for the 12 month period ending 30 June 2009 are
summarised below:
 |
| Exploration Drilling, St Ives Gold Mine, Australia |
F2009 Exploration Drilling and Expenditure
(Per Operation and Region) |
|
Total Expenditure |
| F20093 |
|
F2008 |
|
| |
Driefontein |
11,754 |
|
5.414 |
|
– |
|
– |
|
0.605 |
|
1.403 |
|
| |
Kloof |
16,526 |
|
11.208 |
|
– |
|
– |
|
1.252 |
|
1.717 |
|
| |
Beatrix |
8,152 |
|
3.408 |
|
– |
|
– |
|
0.381 |
|
0.556 |
|
| |
South Deep |
26,665 |
|
52.911 |
|
– |
|
– |
|
5.912 |
|
3.388 |
|
| |
West Wits TSF’s1 |
30,012 |
|
16.247 |
|
– |
|
– |
|
1.815 |
|
0.197 |
|
| |
Total South Africa Region |
93,109 |
|
89.188 |
|
– |
|
– |
|
9.965 |
|
7.261 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Tarkwa2 |
– |
|
– |
|
– |
|
– |
|
– |
|
0.960 |
|
| |
Damang |
26,906 |
|
– |
|
– |
|
5.005 |
|
5.005 |
|
4.104 |
|
| |
Total West Africa Region |
26,906 |
|
– |
|
– |
|
5.005 |
|
5.005 |
|
5.064 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
St Ives |
155,490 |
|
– |
|
– |
|
– |
|
20.523 |
|
22.970 |
|
| |
Agnew |
134,366 |
|
– |
|
– |
|
– |
|
12.972 |
|
17.016 |
|
| |
Total Australasia Region |
289,856 |
|
– |
|
– |
|
– |
|
33.495 |
|
39.986 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Cerro Corona2 |
– |
|
– |
|
– |
|
– |
|
– |
|
– |
|
| |
Total South America Region |
– |
|
– |
|
– |
|
– |
|
– |
|
– |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Exchange rates: US$ 0.7791: A$1.00 and US$1.00:ZAR8.95. All mines exclusive of grade control and cover drilling except where it is included in the capital budget. |
| |
1 Tailings Storage Facility 2 Grade control drilling only. 3 Figures include on mine exploration and South Africa |
|
