TSX: G $ 29.24 -1.29 -4.22% Volume: 2,549,537 September 2, 2014
NYSE: GG $ 26.73 -1.34 -4.77% Volume: 6,603,734 September 2, 2014
GOLD: US $ 1,266.19 -21.21 -1.65% Volume: September 2, 2014
Unrivalled-Assets

Extending operations at South Dakota’s only operating gold mine.

The Wharf mine is an open pit, heap leach operation. Successful exploration has continued to grow the gold reserves and extend the mine’s life. The mine has been recognized for its close ties to the local communities and its progressive reclamation of previously mined areas.

The property consists of several areas of adjoining gold mineralization, which have been mined as a series of open pits. Reclamation activities have been undertaken on those pits, even while mining continues elsewhere on the property. Wharf management works closely with local communities and regulatory authorities to ensure that reclamation takes place in a socially and environmentally sound manner. This progressive rehabilitation will limit the reclamation that is required at mine closure.

OPERATING STATISTICS

TSX: G $ 29.24 -1.29 -4.22% Volume: 2,549,537 September 2, 2014
NYSE: GG $ 26.73 -1.34 -4.77% Volume: 6,603,734 September 2, 2014
GOLD: US $ 1,266.19 -21.21 -1.65% Volume: September 2, 2014
KEY OPERATIONAL FACTS
Location Red Lake, Ontario
Workforce (including contractors) 1,250
Estimated mine life (reserves) 12 years
Mining type Longhole, Underhand and
Overhand Cut and Fill
Processing method Cyanidation
Power demand 38 MW
Milling/Processing capacity 3,100 tpd
2014 gold production estimate 440,000 - 480,000 oz
GOLD RESERVES
(as of December 31, 2013)  
Proven (oz) 670,000
Probable (oz) 1,880,000
Proven and Probable (oz)* 2,550,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 493,000 507,700 622,000
Gold sold (oz) 487,300 508,300 623,200
Ore milled/processed (t) 768,900 858,100 839,600
Gold grade (g/t) 20.33 19.52 23.92
Gold recovery (%) 95% 96% 97%
All-in sustaining costs (US$/oz) $880 $896 n/a
Realized gold price (US$/oz) $1,400 $1,673 $1,554
Throughput (tpd) 2,160 2,380 2,330
Mining costs per tonne mined (US$/t moved) $233 $219 $178
Processing costs per tonne milled (US$/t milled) $47 $40 $37
       
Financial data (US$ millions)      
Revenues $684 $852 $971
Depreciation and depletion $107 $83 $89
Earnings from operations $309 $503 $636
Expenditures on mining interests $233 $281 $268
KEY OPERATIONAL FACTS
Location Timmins, Ontario
Workforce (including contractors) 1,110
Estimated mine life (reserves) 13 years
Mining type Underground
and Stockpiles
Processing method Milling with Gravity
and CIP Recovery
Power demand
27 MW
Milling/Processing capacity 11,000 tpd
2014 gold production estimate 290,000 - 305,000oz
GOLD RESERVES
(as of December 31, 2013)  
Proven (oz) 980,000
Probable (oz) 2,030,000
Proven and Probable (oz)* 3,010,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 291,900 262,800 273,100
Gold sold (oz) 292,000 262,800 273,100
Ore milled/processed (t) 4,231,700 4,162,400 4,109,900
Gold grade (g/t) 2.28 2.12 2.26
Gold recovery (%) 94% 93% 91%
All-in sustaining costs (US$/oz) $1,034 $1,146 N/A
Realized gold price (US$/oz) $1,390 $1,665 $1,587
Throughput (tpd) 11,590 11,560 11,420
Mining costs per tonne mined (US$/t moved) $121 $140 $126
Processing costs per tonne milled (US$/t milled) $9 $12 $11
       
Financial data (US$ millions)      
Revenues $407 $439 $434
Depreciation and depletion $56 $51 $80
Earnings from operations $163 $88 $132
Expenditures on mining interests $96 $111 $92
KEY OPERATIONAL FACTS
Location Opapamiskan Lake, Ontario
Workforce (including contractors) 770
Estimated mine life (reserves) 13 years
Mining type Underground
Processing method CIP
Power demand 25 MW
Milling/Processing capacity 4,500 tpd
2014 gold production estimate 230,000 - 240,000oz
GOLD RESERVES
(as of December 31, 2013)   
Proven (oz) 830,000
Probable (oz) 1,030,000
Proven and Probable (oz)* 1,850,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 256,300 239,200 242,600
Gold sold (oz) 253,700 242,200 241,500
Ore milled/processed (t) 1,391,800 1,299,600 1,327,300
Gold grade (g/t) 5.92 6.03 5.91
Gold recovery (%) 96% 96% 96%
All-in sustaining costs (US$/oz) $1,088 $1,223 N/A
Realized gold price (US$/oz) $1,390 $1,662 $1,574
Throughput (tpd) 3,810 3,610 3,690
Mining costs per tonne mined (US$/t moved) $78 $79 $76
Processing costs per tonne milled (US$/t milled) $14 $16 $16
       
Financial data (US$ millions)      
Revenues $353 $403 $381
Depreciation and depletion $53 $44 $36
Earnings from operations $101 $161 $158
Expenditures on mining interests $75 $99 $67
KEY OPERATIONAL FACTS
Location Humboldt County,
Nevada
Workforce (including contractors) 355
Estimated mine life (reserves) 16 years
Mining type Open Pit
Processing method Heap Leach
Power demand 4 MW
Milling/Processing capacity 33,000 tpd
2014 gold production estimate 95,000 - 100,000oz
GOLD RESERVES
(as of December 31, 2012)   
Proven (oz) 510,000
Probable (oz) 2,770,000
Proven and Probable (oz)* 3,280,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 107,500 96,300 102,500
Gold sold (oz) 107,700 96,000 103,700
Ore milled/processed (t) 10,233,000 7,989,800 8,596,400
Gold grade (g/t) 0.37 0.55 0.58
Gold recovery (%) 73% 73% 73%
All-in sustaining costs (US$/oz) $1,503 $1,282 N/A
Realized gold price (US$/oz) $1,404 $1,66 $1,573
Throughput (tpd) 42,050 33,290 35,820
Mining costs per tonne mined (US$/t moved) $1.92 $1.77 $1.83
Processing costs per tonne leached (US$/t milled) $1.09 $1.36 $1.02
       
Financial data (US$ millions)      
Revenues $151 $160 $163
Depreciation and depletion $21 $17 $19
Earnings from operations $(101) $67 $61
Expenditures on mining interests $62 $45 $25
KEY OPERATIONAL FACTS
Location Lead, South Dakota
Workforce (including contractors) 170
Estimated mine life (reserves) 7 years
Mining type Open Pit
Processing method Heap Leach
Power demand 2 MW
Milling/Processing capacity 7,800 tpd
2014 gold production estimate 60,000 - 65,000oz
GOLD RESERVES
(as if December 31, 2013)   
Proven (oz) 340,000
Probable (oz) 220,000
Proven and Probable (oz)* 560,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 56,200 68,100 67,500
Gold sold (oz) 55,500 71,000 64,800
Ore milled/processed (t) 3,158,400 3,185,500 2,890,500
Gold grade (g/t) 0.72 0.77 0.90
Gold recovery (%) 80% 78% 76%
All-in sustaining costs (US$/oz) $1,165 $879 N/A
Realized gold price (US$/oz) $1,383 $1,658 $1,578
Throughput (tpd) 8,650 8,850 8,030
Mining costs per tonne mined (US$/t moved) $3.19 $2.64 $2.72
Processing costs per tonne milled (US$/t milled) $1.78 $1.50 $1.78
       
Financial data (US$ millions)      
Revenues $78 $125 $109
Depreciation and depletion $4 $3 $3
Earnings from operations $22 $67 $58
Expenditures on mining interests $11 $8 $16
KEY OPERATIONAL FACTS
Location Guatemala
Workforce (including contractors) 3,270
Estimated mine life (reserves) 5 years
Mining type Open Pit and
Underground
Processing method Crushing, Grinding
and Cyanide Milling
Power demand 17 MW
Milling/Processing capacity 6,000 tpd
2014 gold production estimate 175,000 - 185,000oz
GOLD AND SILVER RESERVES
(as of December 31, 2013)   
Gold Reserves  
Proven (oz) 430,000
Probable (oz) 210,000
Proven and Probable (oz)* 650,000
   
Silver Reserves  
Proven (oz) 20,360,000
Probable (oz) 10,540,000
Proven and Probable (oz)* 30,090,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 202,200 207,300 382,400
Gold sold (oz) 204,600 209,100 381,100
Ore milled/processed (t) 1,941,900 1,936,300 1,685,600
Gold grade (g/t) 3.33 3.44 7.36
Gold recovery (%) 96% 96% 96%
All-in sustaining costs (US$/oz) $628 $425 N/A
Realized gold price (US$/oz) $1,393 $1,658 $1,598
Throughput (tpd) 5,320 5,380 4,680
Mining costs per tonne mined (US$/t moved) $2.92/$65 $4.14/$72 $2.29/$64
Processing costs per tonne milled (US$/t milled) $27.20 $28.58 $26.84
       
Financial data (US$ millions)      
Revenues $447 $551 $907
Depreciation and depletion $142 $100 $129
Earnings from operations $94 $256 $607
Expenditures on mining interests $65 $97 $105
OPERATING STATISTICS
Alumbrera (37.5%) 2013A 2012A 2011A
Tonnes Ore Mined (000's) 9,544 11,772 8,335
Waste Mined tonnes (000's) 20,682 24,607 19,576
Strip ratio waste:ore 2.2 2.1 2.3
Ore Milled tonnes (000's) 14,014 14,887 14,325
Milled Grade Au g/t 0.37 0.40 0.42
Milled Grade Cu % 0.37% 0.41% 0.40%
Total Recovery Au % 70% 71% 69%
Total Recovery Cu % 79% 84% 77%
Total Production Au oz 117,500 136,600 133,500
Total Production Cu lbs (000's) 90,600 112,200 96,500
All-in sustaining costs (US$/oz) $565 $(395) N/A
OPERATING STATISTICS 2005
(actual)
2006
(actual)
2007
(actual)
San Martin      
Ore mined tonnes (000's) 5,200 4,022 2,599
Ore Processed tonnes(000's) 5,198 4,023 2,975
Grade Au g/t 0.68 0.78 0.77
Total Recovery Au % 59% 55% 53%
Total Production Au oz 81,500 59,600 45,300
Total Cash Costs US$/oz $294 $350 $479
KEY OPERATIONAL FACTS
Location Zacatecas, Mexico
Workforce (including contractors) 3,200
Estimated mine life (reserves) 13 years
Mining type Open Pit
Processing method Flotation
and Grinding
Power demand 147 MW
Milling/Processing capacity 130,000 tpd
2014 gold production estimate 530,000 - 560,000oz

 

KEY FACTS SUMMARY  2013A 2012A 2011A
Operating data    
Gold produced (oz) 403,800 411,300 254,100
Gold sold (oz) 389,700 399,900 233,400
Ore milled/processed (t) 49,233,900 42,361,400 42,125,200
Gold grade (g/t)  0.45 0.50 0.37
Gold recovery (%)  66% 69% 61%
All-in sustaining costs (US$/oz)  $914 $386 N/A
Realized gold price (US$/oz)  $1,335 $1,693 $1,576
Throughput (tpd)  106,200 101,130 86,110
Mining costs per tonne mined (US$/t moved)  $2.21 $1.74 $1.56
Processing costs per tonne milled (US$/t milled)  $7.48 $8.16 $8.32
     
Financial data (US$ millions)    
Revenues  $1,148 $1,588 $1,144
Depreciation and depletion  $163 $207 $170
Earnings from operations  ($2,270) $640 $376
Expenditures on mining interests  $233 $259 $170
KEY OPERATIONAL FACTS
Location Mezcala, Guerrero, Mexico
Workforce (including contractors) 2,460
Estimated mine life (reserves) 14 years
Mining type Open Pit
and Underground
Processing method Static Heap
Leaching (Cyanide)
Power demand 13 MW
Milling/Processing capacity 70,000 tpd
2014 gold production estimate 330,000 - 345,000oz
GOLD AND SILVER RESERVES
(as of December 31, 2013) 
Gold reserves
Proven (oz) 2,110,000
Probable (oz) 5,840,000
Proven and Probable (oz)* 7,950,000
   
Silver reserves  
Proven (oz) 12,160,000
Probable (oz) 42,350,000
Proven and Probable (oz)* 54,520,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 332,400 340,400 336,500
Gold sold (oz) 325,900 339,000 334,900
Ore milled/processed (t) 27,682,200 29,589,000 26,565,800
Gold grade (g/t) 0.70 0.69 0.74
Gold recovery (%) 49% 48% 47%
All-in sustaining costs (US$/oz) $1,002 $809 N/A
Realized gold price (US$/oz) $1,396 $1,663 $1,553
Throughput (tpd) 77,020 82,190 73,790
Mining costs per tonne mined (US$/t moved) $1.73/$102 $1.48/$95 $1.32/$84
Processing costs per tonne milled (US$/t milled) $2.42 $2.25 $2.05
       
Financial data (US$ millions)      
Revenues $457 $565 $522
Depreciation and depletion $62 $50 $58
Earnings from operations $189 $325 $302
Expenditures on mining interests $112 $85 $74
KEY OPERATIONAL FACTS
Location Urique, Chihuahua, Mexico
Workforce (including contractors) 495
Estimated mine life (reserves) 4 years
Mining type Open Pit
Processing method Dynamic Cyanide
Circuit with CIP
Power demand 9 MW
Milling/Processing capacity 6,000 tpd
2014 gold production estimate 100,000 - 105,000oz
Gold reserves
(as of December 31, 2013)   
Proven (oz) 10,000
Probable (oz) 130,000
Proven and Probable (oz)* 150,000

* Due to rounding, numbers may not add up.

KEY FACTS SUMMARY 2013A 2012A 2011A
Operating data      
Gold produced (oz) 80,600 81,800 100,500
Gold sold (oz) 80,800 81,600 100,500
Ore milled/processed (t) 2,247,000 1,992,300 2,075,900
Gold grade (g/t) 1.40 1.36 1.60
Gold recovery (%) 92% 94% 94%
All-in sustaining costs (US$/oz) $628 $425 N/A
Realized gold price (US$/oz) $1,379 $1,666 $1,583
Throughput (tpd) 5,290 5,530 5,770
Mining costs per tonne mined (US$/t moved) $1.95 $1.51 $1.40
Processing costs per tonne milled (US$/t milled) $12.87 $11.82 $10.73
       
Financial data (US$ millions)      
Revenues $113 $137 $160
Depreciation and depletion $32 $35 $43
Earnings from operations $(22) $41 $62
Expenditures on mining interests $1 $9 $11