Central Plant Reclamation

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  • NYSE:$8.95 -2.08%
  • GOLD:$2 659/oz +0.41%
  • GOLD:R1 526 685/kg +0.35%
  • USD:ZARR17.86 -0.04%
  • At 11:09am, 16 Dec 2024

Overview

Central Plant Reclamation is a tailings retreatment operation near Welkom in the Free State. Originally built to process waste-rock dumps, it was converted into a tailings retreatment facility in FY17.

As at 30 June 2023

  • Gold Resource: 0.40Moz
  • Gold Reserve: 0.40Moz
  • LoM: 12 years

Operating statistics FY23

Production

563kg / 18 522oz

Grade

0.145g/t

Workforce

265

All-in sustaining cost

US$1 108/oz

Operating performance FY23

The operation had another steady production year maintaining the recovered grade at 0.145g/t for FY23 (FY22: 0.145g/t), combined with marginally lower tonnes processed at 3.97 million tonnes (FY22: 4.03 million tonnes) resulting in gold produced decreasing 2% to 577kg (18 552oz) (FY22: 586kg, 18 840oz). Revenue however increased to R599 million for FY23, 11% higher than the R538 million recorded for FY22, due to a 15% rise in the gold price received.

All-in sustaining cost increased 20% to R633 098/kg (FY22: R529 591/kg), mainly driven by higher cost of chemicals as well as annual wage and electricity tariff increases. Capital expenditure for FY23 rose 72% to R31 million (FY22: R18 million) mainly on higher dam maintenance costs.

OUTLOOK FOR FY24

Continue safe operations and deliver operational excellence through a combination of a good health and safety environment, cost competitiveness and improving process efficiencies. Production guidance for FY24 is approximately 16 100oz.

ESG statistics

Lost-time injury frequency rate

2.21 per million hours worked (FY22: 0.00)

Water intensity (/tonne treated)

0.04Ml (FY22: 0.05Ml)

Energy intensity (/tonne treated)

0.01GWh (FY22: 0.01GWh)

GHG intensity
(/tonne treated)

0.01t CO2e (FY22: 0.01t CO2e)

Central Plant

WVRP+58 Virginia,
Free State, South Africa