Attributable production for Q2 F2010 is expected to be approximately 900koz,which is 2.8% lower than the previous guidance of 925koz, provided on 29 October 2009.
The lower production is mainly as a result of seismic related production stoppages experienced in South Africa. At the Driefontein mine in particular, seven days of production, or almost one third of the December production month, were lost due to a major seismic event which resulted in an extended search and rescue operation, as previously reported.
In line with the lower production, total cash costs and notional cash expenditure (NCE) for the Group are expected to be approximately US$615/oz and US$900 respectively, which is approximately 4% and 3% higher than guidance. The full results for the Group will be published on Thursday, 4 February, 2010.
In line with the lower production, total cash costs and notional cash expenditure (NCE) for the Group are expected to be approximately US$615/oz and US$900 respectively, which is approximately 4% and 3% higher than guidance. The full results for the Group will be published on Thursday, 4 February, 2010.
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