3 - G-Resources
3 - G-Resources
3 - G-Resources
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3<br />
Operating Costs<br />
► Martabe’s total production cost averages US$<br />
240/oz of gold over the life of the mine<br />
In early years, the cash costs will be closer<br />
to $200/oz<br />
► Mining cost averages US$2.52/t of material<br />
mined<br />
► Processing costs average US$11.10/t milled<br />
► Further opportunities to reduce costs exist<br />
► Low costs attributable to:<br />
Scale<br />
Low Strip Ratio<br />
Grade<br />
Simple process flow-sheet<br />
Good metallurgical recoveries<br />
Excellent logistics and existing<br />
infrastructure<br />
Existing Indonesian mining capability<br />
Notes<br />
1. First full year of production<br />
Operating Costs<br />
Cash Costs (US$M)<br />
19<br />
2011 (1) LOM<br />
Mining 28.9 155.5<br />
Milling 50.8 396.2<br />
Administration 8.4 67.3<br />
Realisation 2.9 20.4<br />
Total Site Costs 91.0 639.5<br />
Royalties 2.3 16.5<br />
Silver Credit -35.8 -257.5<br />
Total Cash Cost 57.5 398.4<br />
Total Cash Cost (US$/oz) 228 240<br />
Unit Costs<br />
Mining (US$/t) 2.23 2.52<br />
Processing (US$/t) 11.29 11.10<br />
Administration (US$/t) 1.87 1.89<br />
Total Unit Cost (US$/t) 15.39 15.51
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