Selinsing Gold Mine started commercial production in September 2010 and in 2016 fully replaced gold inventory with sulphide gold resources and reserves for the next six years life of mine with upside potential.
Production Data
| Selinsing Gold Mine Production | Year ended June 30 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
| Ore mined (thousand tonnes) | 662.3 | 740.9 | 501.9 | 882.2 | 494.1 | 421.8 | 423.0 | 193.6 | 298.8 |
| Ore processed (thousand tonnes) | 272.1 | 352.0 | 364.7 | 938.5 | 1,019.0 | 954.2 | 992.1 | 847.4 | 891.9 |
| Average ore head grade (g/t Au) | 3.08 | 4.31 | 4.24 | 2.07 | 1.31 | 1.45 | 0.88 | 0.8 | 1.03 |
| Process recovery rate | 58.70% | 92.90% | 93.70% | 87.00% | 75.87% | 82.40% | 67.4% | 58.80% | 72.00% |
| Gold production(1)(ounces) | 13,793 | 44,438 | 44,585 | 52,982 | 35,983 | 36,473 | 18,155 | 12,845 | 22,854 |
| Gold sold (ounces) | 13,793 | 40,438 | 36,938 | 57,905 | 37,670 | 36,500 | 23,150 | 12,700 | 14,750 |
| Financial results | |||||||||
| Gold sales (US$’000) | 16,316 | 56,627 | 61,709 | 91,277 | 48,583 | 44,838 | 23,595 | 15,719 | 19,250 |
| Per ounce data | |||||||||
| Cash cost per ounce (US$/ounce) | 216 | 242 | 306 | 400 | 613 | 587 | 606 | 936 | 753 |
| Average spot gold price, US$/ounce | 1,089 | 1,372 | 1,673 | 1,573 | 1,296 | 1,224 | 1,168 | 1,238 | 1,305 |
| Average realized gold price(2), US$/ounce | 1,183 | 1,400 | 1,671 | 1,576 | 1,290 | 1,228 | 1,157 | 1,238 | 1,305 |
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