“Value Realization” Batu Hijau – Our Copper/Gold Play
- Reserves
- 9.7 billion lbs copper
- 10.9 million ozs gold
- 2001 Highlights
- Higher production & lower costs
- Positive grade reconciliation
- Higher recovery
– Copper (million lbs) 521 657 ~ 550 - 600
– Gold (‘000 oz) 320 534 ~ 400 - 420
Net Cash Cost (US$/lb) 0.57 0.36 ~ 0.40 - 0.42
Batu Hijau, Indonesia – 56.25 % economic interest