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guidance

Guidance

2020 Full Year Attributable Guidance1


2020

Essakane (000s oz.) 365 - 385
Rosebel (000s oz.) 245 – 265
Westwood (000s oz.) 90 - 110
Total attributable production (000s oz.) 700 - 760

Cost of sales2 ($/oz) $900 - $950

Total cash costs 3,4 ($/oz) $840 - $890

All-in sustaining costs 3,4 ($/oz.) $1,100 - $1,150

1The outlook is based on 2020 full year assumptions with an average realized gold price of $1,350 per ounce, U.S.$ / Canadian $ exchange rate of 1.30, € / U.S.$ exchange rate of 1.15 and average crude oil price of $62 per barrel.

2Cost of sales, excluding depreciation, is on an attributable ounce sold basis (excluding the non-controlling interest of 10% at Essakane and 5% at Rosebel)..

3This is a non-GAAP measure. Refer to the non-GAAP performance measures section of the MD&A.

4Consists of Essakane, Rosebel, and Westwood on an attributable basis.


2020 Capital Expenditures Outlook

($ millions) Sustaining1 Non-sustaining (Development/ Expansion)2 Total
Owner-operator
Essakane 40 100 140
Rosebel 55 60 115
Westwood 25 25 50
120 185 305
Corporate and Development Projects3 - 65 65
Total4,5,6 (±5%) 120 250 370

1Sustaining capital includes capitalized stripping of $15 million for Rosebel.

2Non-sustaining capital includes capitalized stripping of $80 million for Essakane and $35 million for Rosebel.

3Includes attributable capital expenditures for the Côté Gold Project (70%).

4Includes $11 million of capitalized exploration and evaluation expenditures. Refer to the Exploration section of this MD&A.

5Capitalized borrowing costs are not included.

6In addition to the above capital expenditures, $20 million in total principal lease payments are expected.


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