Consolidated operating statistics

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

Q3 09

FY09

Revenues

   Copper

$413.7

$486.3

$625.5

$538.3

$(8.8)

$239.0

$380.2

$522.9

$1,142.1

   Gold

29.5

25.2

26.3

24.8

21.2

27.7

40.0

35.0

102.7

   Other revenues

0.1

-

0.8

0.8

-

1.5

0.3

-

1.8

Total revenues

443.3

511.5

652.6

563.9

12.4

268.2

420.5

557.9

1,246.6

Cost of sales

168.4

137.1

219.0

248.6

218.4

142.0

190.2

231.4

563.6

Inventory NRV adjustments

-

-

-

7.9

52.6

-

(10.7)

-

(10.7)

Impairment charge

-

-

-

-

254.2

-

-

-

-

Net earnings

135.3

182.0

208.0

147.5 

(491.6)

10.9

101.5

123.8

236.2

Basic earnings per share

$2.00

$2.68

$3.06

$2.16

$(7.19)

$0.16

$1.31

$1.59

$3.17

Diluted earnings per share

$1.97

$2.65

$3.02

$2.13

$(7.19)

$0.16

$1.30

$1.50

$3.11

Weighted average # shares (000's)

67,689

67,837

68,046

68,370

68,388

68,794

77,242

78,052

74,611

Cash flows from operating activities per share

    Before working capital movements

$3.26

$4.02

$4.45

$3.06

$(2.16)

$1.24

$2.05

$2.10

$5.46

    After working capital movements

$3.29

$2.12

$4.64

$3.84

$0.64

$(0.86)

$2.00

$2.52

$3.92

Copper selling price

    Current period copper sales (per lb)

$2.97

$3.43

$3.72

$3.11

$1.35

$1.54

$2.08

$2.44

$2.11

    Prior period provisional adjustments (per lb)

(0.21)

0.32

0.01

(0.08)

(0.99)

0.26

0.02

0.06

0.07

Gross copper selling price (per lb)

2.76

3.75

3.73

3.03

0.36

1.80

2.10

2.50

2.18

    Tolling and refining charges (per lb)

(0.06)

(0.05)

(0.06)

(0.06)

(0.07)

(0.06)

(0.09)

(0.08)

(0.08)

    Freight parity charges (per lb)

(0.14)

(0.19)

(0.29)

(0.27)

(0.33)

(0.18)

(0.16)

(0.16)

(0.17)

Realized copper price (per lb)

2.56

3.51

3.38

2.70

(0.04)

1.56

1.85

2.26

1.93

Realized gold price (per oz)

$736

$868

$982

$759

$637

$842

$850

$722

$800

Total copper produced (tonnes) (1)

72,746

75,616

80,977

82,187

95,635

89,440

92,486

93,486

275,412

Total copper sold (tonnes)(1)

73,322

62,802

84,007

90,698

97,280

69,774

93,482

105,154

268,410

Total gold produced (ounces) (1)

16,798

16,495

34,227

25,811

39,644

50,425

36,827

43,357

130,609

Total gold sold (ounces) (1)

40,081

29,071

26,797

32,663

33,299

32,827

47,055

48,454

128,336

Cash Costs (C1) (per lb) (2)

$0.98

$1.02

$1.23

$1.37

$1.26

$0.97

$0.90

$0.98

$0.95

Total Costs (C3) (per lb) (2)

$1.19

$1.28

$1.91

$1.99

$1.50

$1.19

$1.17

$1.27

$1.20

Copper Inventory (tonnes)

 Kansanshi

8,325

14,243

16,342

14,306

14,416

30,036

33,801

22,021

22,021

 Guelb Moghrein

2,867

1,057

1,546

1,765

1,869

2,343

88

555

555

 Frontier

7,104

16,328

10,850

3,876

106

5,296

2,574

3,128

3,128

 Total copper inventory

18,296

31,628

28,738

19,947

16,391

37,675

36,463

25,704

25,704

Kansanshi production statistics

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

Q3 09

FY09

Mining

Waste mined (000's tonnes)

6,482

3,671

10,167

10,066

4,771

4,271

4,746

7,122

16,139

Ore mined (000's tonnes)

4,867

5,433

3,306

5,027

5,324

3,979

4,034

5,410

13,423

Ore grade (%)

1.8

1.6

1.8

1.5

1.4

1.4

1.4

1.4

1.4

Processing (1)

Sulphide ore processed (000's tonnes)

1,830

1,891

1,548

2,824

2,956

3,260

3,926

4,053

11,239

Oxide ore processed (000's tonnes)

1,538

1,455

1,541

1,562

1,414

1,343

1,300

1,540

4,183

Sulphide ore grade processed (%)

1.3

1.3

1.4

1.1

1.3

1.2

1.0

1.0

1.1

Oxide ore grade processed (%)

1.6

1.8

1.6

1.6

1.7

1.6

1.4

1.6

1.6

Sulphide Recovery (%)

93

93

93

92

95

95

94

88

92

Oxide Recovery (%)

93

94

92

91

91

93

89

91

91

Copper cathode produced (tonnes)

26,399

27,522

25,430

23,685

25,716

23,836

21,237

25,436

70,509

Copper cathode tolled produced (tonnes)

16,142

8,219

13,039

13,266

10,657

15,402

20,368

26,344

62,114

Copper in concentrate produced (tonnes)

8,471

16,562

9,154

16,423

25,641

21,600

18,787

9,516

49,903

Total copper production

51,012

52,303

47,623

53,374

62,014

60,838

60,392

61,296

182,526

Concentrate grade (%)

28.3

27.6

28.7

28.1

28.3

28.1

27.5

27.9

27.8

Combined Costs (per lb) (2)

Mining

$0.20

$0.20

$0.36

$0.41

$0.36

$0.27

$0.32

$0.35

$0.32

Processing

0.53

0.50

0.69

0.79

0.62

0.48

0.49

0.50

0.49

Site Administration

0.03

0.02

0.03

0.03

0.04

0.02

0.02

0.02

0.02

TC/RC and freight parity charges

0.18

0.18

0.20

0.28

0.30

0.28

0.30

0.28

0.29

Gold credit

(0.09)

(0.08)

(0.13)

(0.11)

(0.08)

(0.06)

(0.14)

(0.14)

(0.12)

Combined Total Cash Costs (C1)

$0.85

$0.82

$1.15

$1.40

$1.24

$0.99

$0.99

$1.01

$1.00

Combined Total Costs (C3)

$0.86

$0.95

$2.00

$2.11

$1.52

$1.22

$1.27

$1.31

$1.27

Oxide Circuit Costs (per lb) (2)

Mining

$0.18

$0.16

$0.32

$0.31

$0.27

$0.20

$0.22

$0.23

$0.22

Processing

0.64

0.59

0.86

1.09

0.96

0.68

0.85

0.57

0.69

Site Administration

0.03

0.03

0.02

0.03

0.05

0.02

0.02

0.02

0.02

Oxide Circuit Total Cash Costs (C1)

$0.85

$0.78

$1.20

$1.43

$1.28

$0.90

$1.09

$0.82

$0.93

Oxide Circuit Total Costs (C3)

$0.86

$0.88

$1.99

$1.96

$1.46

$1.09

$1.28

$1.05

$1.13

Sulphide Circuit Costs (per lb) (2)

Mining

$0.23

$0.24

$0.41

$0.49

$0.44

$0.32

$0.38

$0.44

$0.38

Processing

0.39

0.39

0.49

0.53

0.36

0.40

0.33

0.50

0.41

Site Administration

0.03

0.02

0.02

0.03

0.03

0.02

0.02

0.02

0.02

TC/RC and freight parity charges

0.39

0.40

0.43

0.52

0.51

0.41

0.43

0.43

0.43

Gold credit

(0.20)

(0.17)

(0.27)

(0.20)

(0.13)

(0.10)

(0.22)

(0.24)

(0.20)

Sulphide Circuit Total Cash Costs (C1)

$0.84

$0.88

$1.08

$1.37

$1.21

$1.05

$0.94

$1.15

$1.04

Sulphide Circuit Total Costs (C3)

$0.86

$1.03

$2.01

$2.24

$1.57

$1.32

$1.27

$1.50

$1.36

Revenues ($ millions)

Copper cathodes

$268.0

$305.5

$338.1

$286.2

$117.8

$139.1

$185.2

$293.7

$618.0

Copper in concentrates

37.2

67.9

28.9

72.6

(36.6)

23.8

58.6

97.6

180.0

Gold

10.2

8.8

13.0

12.2

10.1

8.0

18.6

18.7

45.3

Total revenues

$315.4

$382.2

$380.0

$371.0

$91.3

$170.9

$262.4

$410.0

$843.3

Copper cathode sold (tonnes)

27,897

29,811

28,063

25,943

28,199

27,875

21,095

26,178

75,148

Copper tolled cathode sold (tonnes)

16,142

8,219

13,039

13,266

10,657

15,402

20,368

26,344

62,114

Copper in concentrate sold (tonnes)

7,927

8,981

4,393

15,830

21,300

3,414

15,022

21,463

39,899

Gold sold (ounces)

16,053

11,995

11,995

18,416

19,658

10,251

21,227

30,083

61,561

Guelb Moghrein production statistics

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

Q3 09

FY09

Mining

Waste mined (000's tonnes)

1,358

1,388

1,018

776

1,128

2,048

2,333

2,177

6,558

Ore mined (000's tonnes)

650

662

626

858

1,038

789

603

525

1,917

Ore grade (%)

1.4

1.3

1.6

1.5

1.5

1.7

1.8

1.6

1.7

Processing (1)

Sulphide ore processed (000's tonnes)

470

517

491

511

553

530

474

514

1,518

Sulphide ore grade processed (%)

1.8

1.8

1.9

2.0

1.7

1.9

2.0

1.7

1.9

Recovery (%)

85

83

86

84

85

92

86

84

88

Copper in concentrate produced (tonnes)

7,158

7,668

8,722

8,506

8,177

9,331

8,036

7,425

24,792

Gold in concentrate produced (ounces)

13,060

14,191

16,300

15,423

16,011

24,771

20,371

18,007

63,149

Sulphide Circuit Costs (per lb) (2)

Mining

$0.20

$0.20

$0.19

$0.23

$0.38

$0.21

$0.19

$0.16

$0.19

Processing

0.64

0.63

0.60

0.69

0.71

0.46

0.46

0.73

0.54

Site Administration

0.22

0.13

0.10

0.12

0.11

0.09

0.12

0.16

0.12

TC/RC and freight parity charges

0.57

0.38

0.57

0.39

0.38

0.49

0.45

0.49

0.47

Gold credit

(1.26)

(0.97)

(0.75)

(0.69)

(0.62)

(0.90)

(1.16)

(0.87)

(0.97)

Sulphide Circuit Total Cash Costs (C1)

$0.37

$0.37

$0.71

$0.74

$0.96

$0.35

$0.06

$0.67

$0.35

Sulphide Circuit Total Costs (C3)

$1.05

$0.89

$1.14

$1.09

$1.08

$0.66

$0.46

$1.19

$0.61

Revenues ($ millions)

Copper in concentrates

$55.3

$67.2

$51.1

$32.4

$(13.0)

$20.5

$25.7

$24.1

$70.3

Gold

19.3

16.4

13.3

12.6

11.1

19.7

21.4

16.3

57.4

Total revenues

$74.6

$83.6

$64.4

$45.0

$(1.9)

$40.2

$47.1

$40.4

$127.7

Copper in concentrate sold (tonnes)

12,774

9,757

7,953

8,287

8,073

8,857

10,291

6,958

26,106

Gold sold (ounces)

24,028

17,076

14,802

14,247

13,641

22,576

24,931

18,371

65,878

Frontier Production Statistics

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

Q3 09

FY09

Mining

Waste mined (000's tonnes)

2,810

2,195

3,740

3,433

3,057

1,395

2,017

3,282

6,694

Ore mined (000's tonnes)

2,042

638

1,860

1,986

2,037

1,696

2,056

2,300

6,052

Ore grade (%)

1.2

1.3

1.4

1.2

1.2

1.2

1.3

1.2

1.2

Processing (1)

Sulphide ore processed (000's tonnes)

835

1,499

1,794

1,651

2,178

1,570

2,035

2,183

5,788

Sulphide ore grade processed (%)

1.4

1.2

1.4

1.2

1.3

1.3

1.3

1.2

1.3

Recovery (%)

73

74

91

96

91

94

92

92

92

Copper in concentrate produced (tonnes)

8,712

13,437

23,136

18,687

24,917

19,271

24,058

24,765

68,094

Sulphide Circuit Costs (per lb) (2)

Mining

$0.41

$0.61

$0.33

$0.43

$0.45

$0.27

$0.23

$0.23

$0.24

Processing

0.32

0.29

0.26

0.35

0.31

0.30

0.29

0.30

0.29

Site Administration

0.17

0.15

0.12

0.19

0.13

0.09

0.05

0.09

0.08

TC/RC and freight parity charges

0.39

0.65

0.69

0.55

0.64

0.57

0.41

0.40

0.45

Sulphide Circuit Total Cash Costs (C1)

$1.29

$1.70

$1.40

$1.52

$1.53

$1.23

$0.98

$1.02

$1.06

Sulphide Circuit Total Costs (C3)

$1.59

$2.18

$1.70

$1.90

$1.67

$1.36

$1.12

$1.19

$1.21

Revenues ($ millions)

Copper in concentrates

$16.1

$32.6

$192.0

$137.1

$(73.9)

$55.2

$110.7

$107.5

$273.4

Copper in concentrate sold (tonnes)

2,684

4,214

28,615

25,660

28,533

14,226

26,706

24,211

65,143

Bwana/Lonshi Production Statistics

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

Q3 09

FY09

Mining

Waste mined (000's tonnes)

1,732

898

1,079

117

-

-

-

-

-

Ore mined (000's tonnes)

82

37

89

14

-

-

-

-

-

Ore grade (%)

6.1

4.4

5.3

4.3

-

-

-

-

-

Processing

Oxide ore processed (000's tonnes)

355

242

234

228

14

-

-

-

-

Oxide ore grade processed (%)

1.9

0.9

0.8

0.8

0.9

-

-

-

-

Recovery (%)

86

97

84

84

92

-

-

-

-

Copper cathode produced (tonnes)

5,864

2,208

1,496

1,620

527

-

-

-

-

Acid produced (tonnes)

72,477

66,414

74,699

90,987

64,016

63,193

32,461

-

95,654

Surplus acid (tonnes)

-

10

2,174

2,071

150

7,768

1,819

-

9,587

Oxide Circuit Costs (per lb) (2)

Mining

$1.37

$1.65

$1.61

$1.53

-

-

-

-

-

Processing

0.90

2.15

3.20

1.77

-

-

-

-

-

Site Administration

0.35

0.58

0.39

0.35

-

-

-

-

-

Gold / Acid credit

(0.17)

(0.78)

(1.26)

(0.39)

-

-

-

-

-

Oxide Circuit Total Cash Costs (C1)

$2.45

$3.60

$3.94

$3.26

-

-

-

-

-

Oxide Circuit Total Costs (C3)

$2.81

$4.13

$5.47

$3.69

-

-

-

-

-

Revenues ($ millions)

Copper in cathodes

$37.1

$13.1

$15.4

$10.0

$(3.1)

$0.4

-

-

$0.4

Copper cathodes sold (tonnes)

5,898

1,820

1,944

1,712

518

-

-

-

-

Consolidated operating statistics

Q3 07

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

FY09

Revenues

Copper

$450.0

$413.7

$486.3

$625.5

$538.3

$(8.8)

$239.0

$380.2

$619.2

Gold

20.4

29.5

25.2

26.3

24.8

21.2

27.7

40.0

67.7

Other revenues

-

0.1

-

0.8

0.8

-

1.5

0.3

1.8

Total revenues

470.4

443.3

511.5

652.6

563.9

12.4

268.2

420.5

$688.7

Cost of sales

162.3

168.4

137.1

219.0

248.6

218.4

140.2

181.4

$321.6

Inventory NRV adjustments

-

-

-

-

7.9

52.6

-

(10.7)

(10.7)-

Impairment charge

-

-

-

-

-

254.2

-

-

-

Net earnings

183.6

135.3

182.0

208.0

147.5

(491.6)

10.9

101.5

112.4

Basic earnings per share

$2.71

$2.00

$2.68

$3.06

$2.16

$(7.19)

$0.16

$1.31

$1.54

Diluted earnings per share

$2.66

$1.97

$2.65

$3.02

$2.13

$(7.19)

$0.16

$1.30

$1.53

Cash flows from operating activities per share

Before working capital movements

$3.80

$3.26

$4.02

$4.45

$3.06

$(2.16)

$1.24

$2.05

$3.34

After working capital movements

$2.98

$3.29

$2.12

$4.64

$3.84

$0.64

$(0.86)

$2.00

$1.31

Total copper produced (tonnes) ⁽³⁾

57,565

72,746

75,616

80,977

82,187

95,635

89,440

92,486

181,926

Total copper sold (tonnes)⁽³⁾

60,904

73,322

62,802

84,007

90,698

97,280

69,774

93,481

163,255

Total gold produced (ounces) ⁽³⁾

37,302

16,798

16,495

34,227

25,811

39,644

50,425

36,827

87,252

Total gold sold (ounces) ⁽³⁾

29,182

40,081

29,071

26,797

32,663

33,299

32,827

46,158

79,882

Cash Costs (C1) (per lb) ⁽⁴⁾

$0.98

$0.98

$1.02

$1.23

$1.37

$1.26

$0.97

$0.90

$0.94

Total Costs (C3) (per lb) ⁽⁴⁾

$1.22

$1.19

$1.28

$1.91

$1.99

$1.50

$1.19

$1.17

$1.17

Copper Inventory

Kansanshi

9,733

8,325

14,243

16,342

14,306

14,416

30,036

33,801

33,801

Guelb Moghrein

8,483

2,867

1,057

1,546

1,765

1,869

2,343

88

88

Frontier

-

7,104

16,328

10,850

3,876

106

5,296

2,574

2,574

Total copper inventory

18,216

18,296

31,628

28,738

19,947

16,391

37,675

36,463

36,463

Kansanshi production statistics

Q3 07

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

FY09

Mining

   Waste mined (000's tonnes)

6,482

6,482

3,671

10,167

10,066

4,771

4,271

4,746

9,017

   Ore mined (000's tonnes)

4,650

4,867

5,433

3,306

5,027

5,324

3,979

4,034

8,013

   Ore grade (%)

1.6

1.8

1.6

1.8

1.5

1.4

1.4

1.4

1.4

Processing ⁽³⁾

   Sulphide ore processed (000's tonnes)

1,759

1,830

1,891

1,548

2,824

2,956

3,260

3,926

7,186

   Oxide ore processed (000's tonnes)

1,465

1,538

1,455

1,541

1,562

1,414

1,343

1,300

2,643

   Sulphide ore grade processed (%)

1.0

1.3

1.3

1.4

1.1

1.3

1.2

1.0

1.1

   Oxide ore grade processed (%)

1.7

1.6

1.8

1.6

1.6

1.7

1.6

1.4

1.5

   Sulphide Recovery (%)

90

93

93

93

92

95

95

94

95

   Oxide Recovery (%)

91

93

94

92

91

91

93

89

91

   Copper cathode produced    (tonnes)

23,705

26,399

27,522

25,430

23,685

25,716

23,836

21,237

45,073

   Copper cathode tolled produced    (tonnes)

14,314

16,142

8,219

13,039

13,266

10,657

15,402

20,368

35,770

   Copper in concentrate produced    (tonnes)

3,140

8,471

16,562

9,154

16,423

25,641

21,600

18,787

40,387

   Total copper production

41,159

51,012

52,303

47,623

53,374

62,014

60,838

60,392

121,230

   Concentrate grade (%)

27.8

28.3

27.6

28.7

28.1

28.3

28.1

27.5

27.8

   Combined Total Cash Costs (C1)

$0.94

$0.85

$0.82

$1.15

$1.40

$1.24

$0.99

$0.99

$0.99

   Combined Total Costs (C3)

$1.13

$0.86

$0.95

$2.00

$2.11

$1.52

$1.22

$1.27

$1.25

   Oxide Circuit Costs (per lb) ⁽⁴⁾

   Oxide Circuit Total Cash Costs (C1)

$0.86

$0.85

$0.78

$1.20

$1.43

$1.28

$0.90

$1.09

$0.99

   Oxide Circuit Total Costs (C3)

$1.02

$0.86

$0.88

$1.99

$1.96

$1.46

$1.09

$1.28

$1.18

   Sulphide Circuit Costs (per lb) ⁽⁴⁾

   Sulphide Circuit Total Cash Costs    (C1)

$1.05

$0.84

$0.88

$1.08

$1.37

$1.21

$1.05

$0.94

$0.99

   Sulphide Circuit Total Costs (C3)

$1.29

$0.86

$1.03

$2.01

$2.24

$1.57

$1.32

$1.27

$1.29

Guelb Moghrein production statistics

Q3 07

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

FY09

Mining

   Waste mined (000's tonnes)

1,487

1,358

1,388

1,018

776

1,128

2,048

2,333

4,381

   Ore mined (000's tonnes)

674

650

662

626

858

1,038

789

603

1,392

   Ore grade (%)

1.3

1.4

1.3

1.6

1.5

1.5

1.7

1.8

1.7

Processing ⁽³⁾

   Sulphide ore processed (000's    tonnes)

509

470

517

491

511

553

530

474

1,004

   Sulphide ore grade processed (%)

2.0

1.8

1.8

1.9

2.0

1.7

1.9

2.0

1.9

   Recovery (%)

81

85

83

86

84

85

92

86

90

   Copper in concentrate produced    (tonnes)

8,101

7,158

7,668

8,722

8,506

8,177

9,331

8,036

17,367

   Gold in concentrate produced    (ounces)

14,699

13,060

14,191

16,300

15,423

16,011

24,771

20,371

45,142

   Sulphide Circuit Costs (per lb) ⁽⁴⁾

   Sulphide Circuit Total Cash Costs    (C1)

$0.26

$0.37

$0.37

$0.71

$0.74

$0.96

$0.35

$0.06

$0.21

   Sulphide Circuit Total Costs (C3)

$0.76

$1.05

$0.89

$1.14

$1.09

$1.08

$0.66

$0.46

$0.56

Frontier Production Statistics

Q3 07

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

FY09

Mining

   Waste mined (000's tonnes)

3,619

2,810

2,195

3,740

3,433

3,057

1,395

2,017

3,412

   Ore mined (000's tonnes)

1,442

2,042

638

1,860

1,986

2,037

1,696

2,056

3,752

   Ore grade (%)

1.0

1.2

1.3

1.4

1.2

1.2

1.2

1.3

1.3

Processing ⁽³⁾

   Sulphide ore processed (000's    tonnes)

-

835

1,499

1,794

1,651

2,178

1,570

2,035

3,605

   Sulphide ore grade processed (%)

-

1.4

1.2

1.4

1.2

1.3

1.3

1.3

1.3

   Recovery (%)

-

73

74

91

96

91

94

92

93

   Copper in concentrate produced    (tonnes)

-

8,712

13,437

23,136

18,687

24,917

19,271

24,058

43,329

   Sulphide Circuit Costs (per lb) ⁽⁴⁾

   Sulphide Circuit Total Cash Costs    (C1)

-

$1.29

$1.70

$1.40

$1.52

$1.53

$1.23

$0.98

$1.09

   Sulphide Circuit Total Costs (C3)

-

$1.59

$2.18

$1.70

$1.90

$1.67

$1.36

$1.12

$1.23

Bwana/Lonshi Production Statistics

Q3 07

Q4 07

Q1 08

Q2 08

Q3 08

Q4 08

Q1 09

Q2 09

FY09

Mining

   Waste mined (000's tonnes)

2,992

1,732

898

1,079

117

-

-

-

-

   Ore mined (000's tonnes)

160

82

37

89

14

-

-

-

-

   Ore grade (%)

6.8

6.1

4.4

5.3

4.3

-

-

-

-

Processing

   Oxide ore processed (000's tonnes)

353

355

242

234

228

14

-

-

-

   Oxide ore grade processed (%)

2.8

1.9

0.9

0.8

0.8

0.9

-

-

-

   Recovery (%)

85

86

97

84

84

92

-

-

-

   Copper cathode produced (tonnes)

8,305

5,864

2,208

1,496

1,620

527

-

-

-

   Acid produced (tonnes)

67,537

72,477

66,414

74,699

90,987

64,016

63,193

32,461

95,654

   Surplus acid (tonnes)

11

-

10

2,174

2,071

150

7,768

1,819

9,587

   Oxide Circuit Costs (per lb) ⁽⁴⁾

   Oxide Circuit Total Cash Costs (C1)

$1.81

$2.45

$3.60

$3.94

$3.26

-

-

-

-

   Oxide Circuit Total Costs (C3)

$2.25

$2.81

$4.13

$5.47

$3.69

-

-

-

-

⁽¹⁾ Recognized at the settlement price or the LME copper price at the end of the respective period.
⁽²⁾ The provisional adjustment reflects the settlement or provisional price adjustment of prior period copper sales; therefore the sum of the periods will not equal the year to date.
⁽³⁾ Copper sold or produced does not include tonnes sold or produced prior to achieving commercial production.
⁽⁴⁾ For the definition of cash and total costs, reference should be made to the regulatory disclosures section.