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Review of Operations
----------------------------------------------------------------------------Three months ended March 31, Gold equivalent ounces -------------------------------------- Produced Sold -------------------------------------- 2013 2012 2013 2012 --------------------------------------Fort Knox 93,252 61,716 118,034 60,365Round Mountain 39,421 44,758 38,796 43,551Kettle River - Buckhorn 39,870 42,618 39,673 39,321 --------------------------------------North America Total 172,543 149,092 196,503 143,237Kupol (100%) 124,498 126,970 83,799 126,735 --------------------------------------Russia Total 124,498 126,970 83,799 126,735Paracatu 119,891 104,618 122,028 110,527La Coipa 53,729 37,740 57,242 43,712Maricunga 55,062 63,989 54,791 69,063 --------------------------------------South America Total 228,682 206,347 234,061 223,302Tasiast 62,757 37,634 68,381 40,827Chirano (100%) 67,130 75,906 69,453 78,251 --------------------------------------West Africa Total 129,887 113,540 137,834 119,078 --------------------------------------Continuing operations 655,610 595,949 652,197 612,352Discontinued operations(2) - 15,889 - 17,153 --------------------------------------Operations Total 655,610 611,838 652,197 629,505Less Chirano non-controlling interest (10%) (6,713) (7,591) (6,945) (7,825) --------------------------------------Attributable - Continuing operations 648,897 588,358 645,252 604,527 --------------------------------------Attributable Total 648,897 604,247 645,252 621,680------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Three months ended March 31, Production cost of Production sales(1) cost of ($millions) sales(1)/oz -------------------------------------- 2013 2012 2013 2012 --------------------------------------Fort Knox $ 65.9 $ 52.0 $ 558 $ 861Round Mountain 31.2 37.3 804 856Kettle River - Buckhorn 20.3 18.9 512 481 --------------------------------------North America Total 117.4 108.2 597 755Kupol (100%) 45.9 61.2 548 483 --------------------------------------Russia Total 45.9 61.2 548 483Paracatu 101.4 105.4 831 954La Coipa 40.3 43.6 704 997Maricunga 59.8 43.7 1,091 633 --------------------------------------South America Total 201.5 192.7 861 863Tasiast 60.2 35.9 880 879Chirano (100%) 50.7 53.7 730 686 --------------------------------------West Africa Total 110.9 89.6 805 752 --------------------------------------Continuing operations 475.7 451.7 729 738Discontinued operations(2) - 13.8 - 805 --------------------------------------Operations Total $ 475.7 $ 465.5 $ 729 $ 739Less Chirano non-controlling interest (10%) (5.1) (5.4) --------------------------------------Attributable - Continuing operations $ 470.6 $ 446.3 $ 729 $ 738 --------------------------------------Attributable Total $ 470.6 $ 460.1 $ 729 $ 740--------------------------------------------------------------------------------------------------------------------------------------------------------(1) "Production cost of sales" is equivalent to "Total cost of sales" per the interim financial statements less depreciation, depletion and amortization and impairment charges.(2) On June 28, 2012, the Company completed the sale of its 50% interest in the Crixas gold mine.----------------------------------------------------------------------------
