Quarter

Quarter

Quarter

9 months

9 months

ended

ended

ended

ended

ended

30 Sep

30 Jun

30 Sep

30 Sep

30 Sep

US$000

2007

2007

2006

2007

2006

REVENUES

Gold sales on spot

75 478

70 752

67 205

216 713

201 130

Loss on matured hedges

(4 777)

(4 532)

(4 027)

(16 727)

(7 270)

Non-cash (loss)/profit on roll forward of hedges

(2 152)

(2 842)

577

(4 759)

(4 700)

Total

68 549

63 378

63 755

195 227

189 160

OTHER INCOME

1 829

1 779

1 889

5 437

5 692

Interest income

Other income

210

255

550

632

730

Total other income

2 039

2 034

2 439

6 069

6 422

Total income

70 588

65 412

66 194

201 296

195 582

COSTS AND EXPENSES

Mine production costs

33 146

30 800

29 673

95 391

86 150

Movement in production inventory and ore stockpiles

(2 895)

(472)

(3 528)

(7 107)

(12 521)

Depreciation and amortisation

5 673

5 821

6 386

17 566

16 312

General and administration expenses

3 097

3 214

2 079

9 329

7 777

Mining and processing costs

39 021

39 363

34 610

115 179

97 718

Transport and refinery costs

316

296

179

859

458

Royalties

4 525

4 191

4 101

12 753

12 551

Exploration and corporate expenditure

7 872

8 594

6 768

22 987

21 393

Other losses/(gains) - net

-

-

323

-

323

Exchange losses/(gains) - net

(1 109)

989

296

504

(10)

Unwind of discount on provisions for rehabilitation

96

96

84

288

252

Interest expense

1 548

1 849

1 531

4 148

4 687

Profit before income tax

18 319

10 034

18 302

44 578

58 210

Income tax expense

(6 779)

(3 186)

(5 556)

(13 442)

(18 124)

Net profit

11 540

6 848

12 746

31 136

40 086

Attributable to :

Equity shareholders

11 474

5 764

12 285

28 656

37 584

Minority shareholders

66

1 084

461

2 480

2 502

11 540

6 848

12 746

31 136

40 086

Basic earnings per share (US$)

0.17

0.08

0.18

0.42

0.55

Fully diluted earnings per share (US$)

0.16

0.08

0.18

0.41

0.54

Average shares in issue (000)

69 082

68 863

68 474

68 922

68 291