-
Standout performance with attributable gold production of 46,419oz (69 days of Evolution ownership) at C1 cash cost of A$415/oz and AISC of A$524/oz
-
Costs substantially lower than
planned due:
-
Net mine cash flow of A$38.9 million
-
Cost guidance to be reviewed in January following a full quarter of ownership
Production drilling at Cracow
Cowal processing plant
Cowal open pit October 2015: Stage g cutback looking west
7
Mungari
-
Gold production of 19,090oz attributable (37 days of Evolution ownership) at C1 cash cost of A$690/oz; AISC of A$968/oz
-
Net mine cash flow of A$19.0 million
-
Plant performing at 1.7Mtpa - above nameplate capacity (1.5Mtpa) and at 97.6% utilisation
-
Focus on asset integration and implementation of opportunities to unlock value
Stage 2B cutback Stage 2A working floor
Stage 1 pit and sump
Mungari open pit (White Foil) October 2015 looking south to Stage 2 cutback
First gold pour under Evolution ownership at Mungari
8
Cracow
-
September 2015 quarter gold production of 23,890oz at C1 cash cost of A$669/oz and AISC of A$940/oz
-
Continuing to improve on FY15 initiatives around scheduling, dilution management and metallurgical recovery
-
Focus on production drilling to
improve stoping flexibility in FY16
-
Increased productivity achieved across production drills
Development drilling at Cracow
834
50, 000
670
636669
900
600
27,868oz
25, 000
23,280oz
20,112oz
23,890oz
300
0 0
Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16
Production gold (oz) C1 Cash Cost (A$/oz)
9
Edna May
-
September quarter gold production of 17,769oz at C1 cash cost of A$1,315/oz; AISC of A$1,328/oz
-
Unit costs increased due to lower production as a result of lower grade
-
Operating costs increased due to classification of stripping activities as operating waste
-
High plant utilisation (94.8%) resulted
in record quarterly throughput
Stage 2
Edna May Stage 2 northern cutback looking north west October 2015
-
December quarter focus on Stage 2 capital waste removal to access higher-grade ore
50,000
535663
947
1,315
1,300
1,000
700
29,906oz
400
25,000
25,267oz
22,283oz
17,769oz
100
-200
0
Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16
Production gold (oz) C1 Cash Cost (A$/oz)
-500
10
Pajingo
-
September quarter production of 14,290oz at C1 costs of A$941/oz; AISC of A$1,284/oz
-
Higher costs due to the mining of lower grade areas in line with mine plan
-
Net mine cash flow of A$4.7 million
-
Total milling costs decreased through cost reduction initiatives
-
Historic low grade stockpile being processed and achieving above plan grades
Jumbo in operation at Pajingo
853
758
842
941
900
25, 000
600
14,118oz
18,151oz
15,583oz
14,290oz
300
0 0
Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16
Production gold (oz) C1 Cash Cost (A$/oz)
11
Mt Rawdon
-
September quarter production of 28,498oz at C1 cash of A$441/oz and AISC of A$700/oz
-
Ongoing improvement initiatives around grinding and cyanide consumption delivered a 6% saving in unit processing costs
-
Unit mining costs reduced to A$2.63/t - a 23% improvement over the past 12 months (FY15: A$3.41/t) due to:
-
Continued improvement in
Mt Rawdon open pit October 2015 looking north to Stage 4 cutback - north and west walls currently being stripped
900
698 680
mining productivity
-
Low fuel prices
-
Production drilling improvements
50, 000
25, 000
564
441
600
-
Shorter haulage distances to the western waste dump from Stage 4 cutback