Record FY-2021 production of 1.54Moz at AISC of ~$880/oz l FY-2021 dividend of $140m l FY-2021 share buyback of $138m
HIGHLIGHTS
- Strong Q4-2021 production of 398koz, up 4% over Q3-2021, while AISC remained stable at ~$900/oz
- Record FY-2021 production of 1,536koz, beating the annual guidance of 1,365-1,495koz, at an AISC of ~$880/oz, achieving the annual guidance of $850-900/oz; marks ninth consecutive year of achieving or beating annual guidance
- FY-2022 production guidance of 1,400-1,500koz at AISC of $890-940/oz, in line with outlook provided during June 2021 investor day
- Net Cash position of $76m achieved at year-end, despite absorbing circa $330m of Teranga net debt and paying $268m in shareholder returns during the year
- H2-2021 dividend of $70m declared, totalling $140m for FY-2021 which is above the minimum committed dividend of $125m for the full year
- Share buybacks continue to supplement shareholder returns with a total of $138m of shares repurchased since April 2021, $44m of which were repurchased in Q4-2021
