Production Summary & Forecast
Delivering on Performance: For the sixth year in a row, our operations exceeded their production targets in 2017, allowing us to increase our guidance to the market and lower our costs.
In 2017, payable gold production totaled 1,713,533 ounces of gold, with production costs per ounce of $621, total cash costs per ounce of $558 and all-in sustaining costs per ounce of $804, on a by-product basis. In 2018, payable gold production is expected to be 1,600,000 ounces, while total cash costs per ounce are expected to be between $625 and $675, and all-in sustaining costs are forecast between $890 and $940 per ounce of gold, on a by-product basis.
Q3 2018 Production Summary and 2018 Guidance
|
2018 Guidance* |
Q3 2018 Actual
|
Q1-Q3 2018 Cumulative
|
| Realized Price for Gold (per ounce) |
|
1,204
|
$1,277 |
| Realized Price for Silver (per ounce) |
|
$14.20
|
$15.82 |
| Realized Price for Zinc (per tonne) |
|
$2,615
|
$3,167 |
| Realized Price for Copper (per tonne) |
|
$5,900
|
$6,661 |
| Total gold (ounces) |
1,600,000 |
421,718
|
1,215,957 |
| Total silver (x000 ounces) |
|
1,144
|
3,413 |
| Zinc (tonnes) |
|
872
|
4,696 |
| Copper (tonnes) |
|
1,026
|
3,279
|
| Weighted average production costs per ounce of gold (by-product basis): |
|
$657
|
$720 |
| Weighted average total cash costs per ounce of gold (by-product basis): |
$625 to $675 |
$637
|
$647 |
| Weighted average all-in sustaining costs per ounce of gold (by-product basis): |
$890 to $940 |
$848
|
$885 |
*Guidance as of October 24, 2018
|