Operations ˃ Consolidated gold production for the September 2016...

Operations
˃ Consolidated gold production for the September 2016 quarter was 92,547 ounces (Q4 Jun: 92,033 ounces).

˃ Consolidated All-In Sustaining Cost1 (AISC) was A$935 per ounce (Q4 Jun: A$960 per ounce). The average realised gold price for the quarter was A$1,737 per ounce (Q4 Jun: A$1,680 per ounce). Consistent production, low costs and the higher realised gold price resulted in cash contribution from operations2 for the quarter of A$83 million (Q4 Jun: A$69 million).
˃ Gwalia (Western Australia) gold production for the quarter was 67,118 ounces (Q4 Jun: 65,098 ounces) at AISC of A$774 per ounce (Q4 Jun: A$836 per ounce). Mined grade for the quarter was 10.4 g/t Au (Q4 Jun: 9.3 g/t Au) with 215 kt milled (Q4 Jun: 233 kt).
˃ Simberi (PNG) gold production for the quarter was 25,429 ounces (Q4 Jun: 26,935 ounces), exceeding the target 100,000 ounces p.a. run rate for the sixth consecutive quarter. AISC was A$1,359 per ounce (Q4 Jun: A$1,266 per ounce).

Outlook
˃ Guidance for FY17 is unchanged and summarised as follows:
˃ Forecast Gwalia (Leonora) gold production of between 245,000 and 265,000 ounces at an AISC of between A$850 and A$910 per ounce, with sustaining capex of between A$30 and A$35 million, plus growth capex of between A$10 to A$12 million.
˃ Forecast Simberi gold production of between 95,000 and 105,000 ounces at an AISC of between A$1,330 and A$1,490 per ounce (derived from AISC in Simberi’s functional currency of between US$1,000 to US$1,120 per ounce), with capex of between A$5 and A$6 million.
˃ Forecast exploration expenditure of between A$18 and A$22 million, consisting of:
˃ A$10 to A$12 million at Gwalia
˃ A$8 to A$10 million spilt approximately 30% at Pinjin in WA and 70% on the Simberi Island group in PNG.