Operations – Australia
Normandy acquisition on 2/15/02
2002 Equity Sales
- 1.7 mm ounces at $191 cash cost 1
2002 Equity Reserves (at $300)
2002 Equity NRM (at $325)
- 233 mm tons @ 0.045 oz/ton
2003 Forecast
- 1.85 million ounces at $228 cash cost 1
- For a reconciliation of total cash costs per ounce (a non-GAAP measure of performance) to costs applicable to sales calculated and presented under GAAP, please refer to the Supplemental Information attached.