|
Copper
guidance met for fifth successive year as 2019 targets achieved
l
Carrapateena
produces first concentrate; targeting 4.25Mtpa throughput rates by end
2020 and 4.7-5.0Mtpa from 2023
l
Prominent
Hill achieves copper guidance for the fifth consecutive year; mine life
extended to 2031
l
Carajás
Hub strategy advances, enabled by satellite underground mine construction
at Pedra Branca and Vale agreements
l
Exploration
pipeline evolved
l
FY
revenue of $1,107 million with a closing cash balance of $134 million
(unaudited) after year of substantial growth investment
l
Annual
company Total Recordable Injury Frequency (TRIF) of 6.27 compared with
7.24 in 2018
l
2020
focus on Carrapateena ramp-up, Prominent Hill operating performance and
progressing the growth pipeline
Table 1: Production and Costs
|
OZ Minerals Metal Production & Costs
|
Q1 2019
|
Q2 2019
|
Q3 2019
|
Q4 2019
|
FY 2019
|
FY 2019 Guidance
|
|
Total Copper (Tonnes)
|
27,442
|
28,525
|
24,663
|
28,659
|
109,289
|
101,000-111,500
|
|
Prominent Hill
|
25,575
|
26,959
|
23,100
|
26,845
|
102,479
|
95,000-105,000
|
|
Antas
|
1,867
|
1,566
|
1,563
|
1,814
|
6,810
|
6,000-6,500
|
|
Total Gold (Ounces)
|
34,648
|
27,072
|
30,346
|
36,808
|
128,874
|
120,400-130,800
|
|
Prominent Hill
|
32,947
|
25,810
|
28,844
|
35,102
|
122,703
|
115,000-125,000
|
|
Antas
|
1,701
|
1,262
|
1,502
|
1,706
|
6,171
|
5,400-5,800
|
|
C1 Cash Costs (US cents/lb)
|
60.7
|
78.6
|
83.4
|
46.8
|
66.9
|
75-80
|
|
Prominent Hill
|
48.6
|
66.7
|
72.6
|
37.4
|
55.8
|
62-67
|
|
Antas
|
227
|
288
|
246
|
189
|
235
|
240-280
|
|
All-in Sustaining Costs (US cents/lb)
|
103.9
|
119.7
|
128.3
|
94.1
|
111
|
120-130
|
|
Prominent Hill
|
90.7
|
107.5
|
117
|
82.7
|
98.9
|
110-120
|
|
Antas
|
285
|
335
|
299
|
266
|
294.6
|
310-340
|
Table 2: Guidance
|
|
2020
|
|
Prominent Hill
|
Carrapateena
|
Carajas
|
Total
|
|
Copper Production (tonnes)
|
55,000-65,000
|
20,000-25,000
|
8,000-10,000
|
83,000-100,000
|
|
Gold Production (ounces)
|
165,000-185,000
|
35,000-40,000
|
7,000-9,000
|
207,000-234,000
|
|
Underground Ore Movement (Mt)
|
3.7-4.0
|
2.0-2.6
|
|
|
|
Sustaining Capital Expenditure (A$M)
|
|
|
|
|
|
Mine Development
|
40-50
|
15-20
|
-
|
55-70
|
|
Site
|
25-35
|
15-20
|
5-8
|
45-63
|
|
Growth Capital Expenditure (A$M)
|
|
|
|
|
|
Mine Development
|
-
|
115-130
|
10-15
|
125-145
|
|
Other
|
17-22
|
125-140
|
65-70
|
207-232
|
|
AISC (US c/lb)
|
80-90
|
245-270
|
225-245
|
135-150
|
|
C1 Costs (US c/lb)
|
15-25
|
180-200
|
165-185
|
70-85
|
|
Exploration (A$M)
|
|
|
|
25-30
|
|
Project studies to next stage gate
(A$M)
|
|
|
|
35-40
|
Source:
OZ
Minerals
|
(To contact the reporter on this story: jemma.shang@steelhome.cn or 86-555-2238875 18155520624) |
