Investor Presentaiton
CANNINGTON ZINC-LEAD-SILVER
Transition to 100% truck haulage completed, bringing forward higher-grade material
Summary
Transition to a 100% truck haulage operation completed in Q2 FY23
Ore processed (Mdmt)
Decommissioning the underground infrastructure has reduced
constraints on underground mining sequences, allowing for
higher-grade material to be brought forward in the mine plan
•
H1 FY23 production volumes impacted by the underperformance
of temporary crushers and labour availability
•
•
.
2.75
2.62
2.40
2.40
2.20
Operation temporarily suspended due to severe flooding in Q3 FY23
Production is recovering to plan and the operation is on-track to
meet revised FY23e production guidance, with plant throughput
expected to increase by 9% in FY24e as we rebuild ROM stocks
FY21
FY22
FY23e
FY24e
Medium-term
guidance (a)(b)
Payable production
FY21
FY22
FY23e
FY24e
Zinc (kt)
67.7
64.5
60.5
62.0
Medium-term
guidance(a)(b)
~50.0
Medium-term production guidance reflects our expectation of more
complex underground mining conditions, with a greater number of
stopes of varying size from FY24
Lead (kt)
131.8
120.6
102.0
115.0
~110.0
Silver (Moz)
13.7
12.9
11.0
12.5
~12.0
Notes:
a.
FY25 to FY28 average.
b.
Refer to important notices (slide 2) for additional disclosure.
SLIDE 17
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