2018 Full Year Attributable Guidance1
|
2018 |
|
| Essakane (000s oz.) |
390 – 405 |
| Rosebel (000s oz.) |
280 – 295 |
| Westwood (000s oz.) |
125 - 135
|
| Total owner-operator production (000s oz.) |
795 – 835
|
| Joint Ventures (000s oz.) |
55 – 65 |
| Total attributable production (000s oz.) |
850 - 900 |
|
| Cost of sales2 ($/oz) |
$765 - $815 |
|
| Total cash costs 3 - owner-operator ($/oz.) |
$750 - $800 |
| Total cash costs 3,4 ($/oz.) |
$750 - $800 |
|
| All-in sustaining costs 3 - owner-operator ($/oz.) |
$990 - $1,070 |
| All-in sustaining costs3,4 ($/oz.) |
$990 - $1,070 |
1The outlook is based on 2018 full year assumptions with an average realized gold price of $1,250 per ounce, U.S.$ / Canadian $ exchange rate of 1.26, € / U.S.$ exchange rate of 1.18 and average crude oil price of $54 per barrel.
2 Cost of sales, excluding depreciation, is on an attributable ounce sold basis (excluding the non-controlling interest of 10% at Essakane and 5% at Rosebel) and does not include Joint Ventures which are accounted for on an equity basis.
3 This is a non-GAAP measure. Refer to the non-GAAP performance measures section of this MD&A.
4 Consists of Essakane, Rosebel, Westwood and the Joint Ventures on an attributable basis.
2018 Capital Expenditure Outlook
| ($ millions) |
Sustaining |
Non-sustaining (Development/ Expansion) |
Total4 |
| Owner-operator |
| Essakane |
90 |
45 |
135 |
| Rosebel |
45 |
35 |
80 |
| Westwood |
25 |
40 |
65 |
|
160 |
120 |
280 |
| Corporate and Development Projects2 |
- |
25 |
25 |
| Total Owner-Operator3 |
160 |
145 |
305 |
| Joint ventures4 |
- |
- |
- |
| Total5 (±5%) |
160 |
145 |
305 |
1 Sustaining capital includes capitalized stripping of $55 million for Essakane and $5 million for Rosebel.
2 Includes attributable capital expenditures for the Côté Gold Project (70%).
3 The outlook includes $38 million of capitalized exploration expenditures. Refer to the Exploration section of this MD&A.
4 Attributable capital expenditures of Sadiola (41%). Expansionary capital expenditures exclude the potential expansion of the Sadiola mine.
5 Capitalized borrowing costs are not included.