TIMELINE
EXPLORATION UPDATES
Q2 Q2 Q3
Sukari solar power plant commissioning
The project development and construction of the solar project and paste fill plant have both remained largely on track , still scheduled for commissioning in Q3 / Q4 2022 . Construction contracts for the 36MW solar farm and 7.5MW batteryenergy storage system were awarded to juwi AG and Giza Systems .
Capital structure review
Total capex in Q2 was $ 67.3mn ( H1 : $ 138.7mn ), which is a 62 % year-onyear increase . Significant investment was made in key capital projects during the quarter .
Underground expansion study
The underground expansion study is planned to be finalised in the third quarter . Underground ore was made up of 142kt of ore mined from stopes , at an average grade of 5.61g / t Au , and 89kt of ore mined from development , at an average grade of 3.36g / t Au .
14 September 2022