|
|
Production, sales and Cost Snapshot
| Production and Sales |
| |
Unit |
2003 |
2004 |
2004/2003 (%) |
| Production Volume |
| Ferronickel |
Metric Ton Ni |
8,933 |
7,945 |
(11) |
| Saprolite Nickel Ore |
wmt |
3,306,733 |
3,152,420 |
(5) |
| Gold |
kg |
4,176 |
3,715 |
(11) |
| Sales Volume |
| Ferronickel |
Metric Ton Ni |
8,868 |
7,897 |
(11) |
| Saprolite Nickel Ore |
wmt |
2,244,434 |
2,546,339 |
13 |
| Gold |
kg |
4,839 |
3,853 |
(20) |
|
 |
| Cash Cost, Production Cost and Average Selling Price |
| |
Unit |
2003 |
2004 |
2004/2003 (%) |
| Cash Cost |
| Ferronickel |
US$/Lb |
3.16 |
3.35 |
6 |
| Saprolite Nickel Ore |
US$/wmt |
13.94 |
15.12 |
8 |
| Gold |
US$/t.oz |
175.50 |
183.46 |
5 |
| Sales Volume |
| Ferronickel |
US$/Lb |
3.37 |
3.63 |
8 |
| Saprolite Nickel Ore |
US$/wmt |
14.42 |
15.49 |
7 |
| Gold |
US$/t.oz |
235.29 |
259.27 |
10 |
| Average Selling Price |
| Ferronickel |
US$/Lb |
4.06 |
6.23 |
53 |
| Saprolite Nickel Ore |
US$/wmt |
28.38 |
42.35 |
49 |
| Gold |
US$/t.oz |
364.32 |
411.97 |
13 |
|
| Mineral Resources and Ore Reserves* |
| Commodity |
Ore Quantity (‘000 wmt) |
| Saprolite Nickel |
113,190 |
| Limonite Nickel |
198,860 |
| Gold |
5,513 |
| Bauxite |
112,250 |
| Iron Sands |
2,650 |
|
| Estimated Mine Life of Reserves |
| Commodity |
Ore Reserves Quantity (‘000 wmt) 2004* |
Remaining Years
Quantity with No Further
Exploration** |
| Saprolite Nickel |
33,370 |
10 |
| Limonite Nickel |
12,400 |
8 |
| Gold |
4,468 |
11 |
| Bauxite |
60,710 |
61 |
| Iron Sands |
2,650 |
5 |
|
|
|
