3 - G-Resources
3 - G-Resources
3 - G-Resources
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3<br />
Project Capital Expenditures<br />
Project Schedule and Capital Cost Update Capital Expenditures<br />
► Project started construction in mid 2008<br />
► More than 30% of engineering design completed<br />
► Expected completion in Q1 2011<br />
► Resumption of previous contracts under<br />
negotiation<br />
► Long lead-time items such as SAG and ball mills<br />
largely completed and soon to be delivered<br />
► World competitive capital cost due to scale,<br />
quality of orebody and location<br />
► A full review of timetable and capital budget to be<br />
undertaken at transition with a view to tightening<br />
both<br />
20<br />
US$M Forecast to complete<br />
Mining Capital Cost 10.3<br />
Process Plant and<br />
Infrastructure<br />
211.2<br />
Indirect Costs 10.5<br />
EPCM Costs 44.3<br />
Other Owners Costs 66.4<br />
Project Contingency 17.5<br />
Total 360.2<br />
Capex Spent To Date 75.7<br />
Remaining Capex 284.5