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Annual Report 2016 13
OPERATIONAL SCORECARD AND OUTLOOK
FY17 GUIDANCE (Compared to FY16 guidance and performance)
Mining Operation
Units
FY16 Guidance Range
(1)
FY16 Results
FY17 Guidance Range
Tropicana (IGO 30%)
Gold produced (100% basis)
oz
430,000 to 470,000
448,116
390,000 to 430,000
Gold (IGO’s 30% share)
oz
129,000 to 141,000
134,435
117,000 to 129,000
(2)
Cash cost
A$/oz Au
680 to 750
730
850 to 950
All-in Sustaining Costs
A$/oz Au
900 to 950
918
1,150 to 1,250
Sustaining capex
A$M
14 to 16
6.4
2 to 3
Improvement capex
A$M
See Note 4
5.9
2 to 3
Capitalised waste stripping
A$M
18 to 20
16.1
29 to 36
Exploration expenditure
A$M
9 to 11
7.6
6 to 8
Long
Nickel (contained metal)
tonnes
8,500 to 9,000
8,483
7,400 to 8,200
Cash cost (payable)
A$/Ib Ni
3.50 to 4.00
3.68
3.50 to 3.90
Sustaining capex
A$M
2 to 3
1.7
1
Exploration expenditure
A$M
8 to 9
7.1
2 to 3
Jaguar
Zinc in concentrate
tonnes
38,000 to 40,000
39,335
39,000 to 43,000
Copper in concentrate
tonnes
6,500 to 7,000
7,412
4,600 to 5,100
Cash cost (payable)
A$/Ib Zn
0.60 to 0.70
0.53
0.70 to 0.80
Sustaining capex
A$M
2 to 3
1.8
8 to 9
Development capex
A$M
11 to 13
12.8
12 to 13
Exploration expenditure
A$M
9 to 10
8.9
3 to 4
Nova
Nickel in concentrate
tonnes
9,000 to 10,000
Copper in concentrate
tonnes
3,900 to 4,400
Cash cost (payable)
A$/Ib Ni
4.00 to 4.50
(3)
Capital Build capex (cash basis)
A$M
242
140 to 150
Sustaining capex
A$M
3 to 5
Development capex
A$M
22 to 25
Exploration expenditure
A$M
3.5 to 4.5
Greenfields & generative
A$M
6 to 8
6
11 to 15
1.
As restated in the March 2016 Quarterly Report
2.
Total gold hedging in FY17 represents 70% of guidance production including 72,600 ounces at A$1,641/oz
3.
Nova cash cost guidance for FY17 is indicative of the period of ramp-up following plant commissioning
4.
Improvement capex included in Sustaining capex for FY16 Guidance Range