We are optimising our asset base by improving efficiency and cutting costs aggressively across the Group.
Commentary
- We continue to make good progress with our safety record.
- Good progress continues to be made in reducing cost and improving efficiency.
- Our Life of Mine Plan ensures a value accretive investment programme.
KPI and performance
All injury frequency rate (per 1m working hours)*
Link to strategy
33%
Our safety performance is a key operating metric for our business. AIFR is calculated based on the number of injuries per 1 million hours worked.
* This information is largely provided by our contractors.
KPI and performance
Production cost of sales ($/t)**
Link to strategy
Flat
Production cost of sales shows the impact of our asset optimisation programme.
Production cost of sales is calculated as production cost under IFRS, but before amortisation of mining properties, divided by sales volumes.
** Restated for the impact of IFRIC20. Refer to Note 34 of the Financial Statements.