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 GLOSSARY
View a list of commonly used mining and geological terms >>
 
 
 
Glossary    

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Australian dollar

ASX

Cash operating cost
C
C
C
C
C
C
C
C

CIP

C
C
C
C

EBIT

EBITDA

EPC

FY

g/t
C

Head grade

Indicated Resource

Inferred Resource

ISDA master agreement
C
C

JORC Code
C

koz

kt

LBCCA

Life of Mine (LoM)
C

Mbcm

Mineral Resource

Moz

Mt

NPAT

Ore grade
C

Ore Reserve

oz

pa

PCI

Pre-strip
C

Probable Resource

Proven Resources

Quartz veins

Recovery
C
C

SMP

sq km

Strike

Strip ratio
C

Total cash cost
C
C

US dollar



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Currency of Australia

Australian Securities Exchange

Cash operating costs reflects all the cash spent in the specified period
at the Paddington site. A measure of the average cost of producing an
ounce of gold, calculated by dividing attributable cash operating costs in
a period by attributable total gold production (in ounces) over the same
period. Cash operating costs include site costs for all mining,
processing, administration, royalties and production taxes, as well as
contributions from by-products but are exclusive of depreciation,
depletion and amortization, rehabilitation, employment severance costs,
corporate administration costs

Carbon-in-Pulp. A method of gold treatment whereby gold is leached
conventionally from a slurry of gold ore with cyanide in agitated tanks.
The leached slurry then passes into the CIP circuit where carbon
granules are mixed with the slurry and gold is adsorbed on to the
carbon. The granules are separated from the slurry and treated in an
elution circuit to remove the gold

Earnings before interest and tax

Earnings before interest, tax, depreciation and amortisation

Exploration Permit for Coal

Financial year ending 30 June

The quantity of gold contained within a unit weight of gold-bearing material generally expressed in grams per metric tonne (g/t)

The grade of material fed into the processing plant

As defined under the JORC Code (2004 Edition)

As defined under the JORC Code (2004 Edition)

The International Swaps and Derivatives Association (ISDA) over-the-
counter derivatives master agreement drawn up by the New York-based
trade association in 1987 and revised from time to time

The Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves (2004 Edition)

Thousand ounces

Thousands tonnes

Lehman Brothers Commercial Corporation Asia

Number of years that the operation is planning to mine and treat ore, based on the current Resource Statement

Million bank cubic metres

As defined under the JORC Code (2004 Edition)

Million ounces of gold

Million tonnes

Net profit after tax

The physical measurement of the characteristics of the material of interest in samples or products

As defined under the JORC Code (2004 Edition)

Ounces

Per annum

Pulverised coal injection

The amount of waste to be removed before the ore body can be accessed

As defined under the JORC Code (2004 Edition)

As defined under the JORC Code (2004 Edition)

A finite volume of Quartz within a rock vein

Refers to the percentage of the material of interest that is extracted during mining and/ or processing. A measure of mining or processing efficiency. Also commonly referred to as 'yield'

Small mining projects

Square kilometres

The direction on surface of an outcropping rock unit or structure

The ratio of waste tonnes to ore tonnes mined calculated as waste tonnes mined divided by ore tonnes mined

Total cash costs includes cash operating costs and all capital costs of exploration, development, pre-strip and capital works other than new project development (Homestead)

Currency of the United States of America


 
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