Meadowbank Mine: Environmental Challenge North of 60

- Organization:
- Canadian Institute of Mining, Metallurgy and Petroleum
- Pages:
- 26
- File Size:
- 2506 KB
- Publication Date:
- May 1, 2011
Abstract
This document presents estimates of future "total cash cost per ounce" and "minesite cost per tonne" that are not recognized measures under United States generally accepted accounting principles ("US GAAP"). This data may not be comparable to data presented by other gold producers. These future estimates are based upon the total cash costs per ounce and minesite costs per tonne that the Company expects to incur to mine gold at the applicable projects and do not include production costs attributable to accretion expense and other asset retirement costs, which will vary over time as each project is developed and mined. It is therefore not practicable to reconcile these forward-looking non-GAAP financial measures to the most comparable GAAP measure. A reconciliation of the Company's total cash cost per ounce and minesite cost per tonne to the most comparable financial measures calculated and presented in accordance with US GAAP for the Company's historical results of operations is set forth in the notes to the financial statements included in the Company's Annual Information Form and Annual Report on Form 20-F, for the year ended December 31, 2009, as well as the Company's other filings with the Canadian Securities Administrators and the SEC.
Citation
APA:
(2011) Meadowbank Mine: Environmental Challenge North of 60MLA: Meadowbank Mine: Environmental Challenge North of 60. Canadian Institute of Mining, Metallurgy and Petroleum, 2011.