Production Guidance
1 Metal reported in concentrate is prior to refining losses or deductions associated with smelter terms.
2 Peru 2020 guidance was reissued on August 11, 2020, after previously being suspended due to the ongoing uncertainty surrounding COVID-19 and the temporary mine shutdown.
3 Manitoba production guidance assumes the 777 mine is depleted in the second quarter of 2022, resulting in lower copper and zinc production after its closure.
4 Precious metals includes gold and silver production on a gold-equivalent basis. Silver is converted to gold at a ratio of 89:1
3-Year Production Outlook
1 Metal reported in concentrate is prior to refining losses or deductions associated with smelter terms.
2 Peru 2020 guidance was reissued on August 11, 2020, after previously being suspended due to the ongoing uncertainty surrounding COVID-19 and the temporary mine shutdown.
3 Manitoba production guidance assumes the 777 mine is depleted in the second quarter of 2022, resulting in lower copper and zinc production after its closure.
4 Precious metals production includes gold and silver production on a gold-equivalent basis. Silver is converted to gold at a ratio of 89:1.
Capital Expenditure Guidance
1Excludes capitalized costs not considered to be sustaining or growth capital expenditures.
2Peru 2020 guidance was reissued on August 11, 2020, after previously being suspended due to the ongoing uncertainty surrounding COVID-19 and the temporary mine shutdown.
3Manitoba sustaining capital expenditures exclude the anticipated $20 million expected to be spent on improvements to the legacy Flin Flon tailings facilities since they are associated with the updated decommissioning and restoration liability
4Includes capitalized stripping costs.
5Peru's growth capital expenditures include costs associated with project development and acquiring the surface rights. Additional costs remain outstanding in recognition of current uses of land and the company is currently entering into agreements to address these matters.
6Arizona spending includes capitalized costs associated with the Rosemont and Mason projects.
72020 guidance includes $15.0 million of capitalized exploration resulting in total exploration expense of $10.0 million.
Unit Operating Cost Guidance
1 Reflects combined mine, mill and G&A costs per tonne of milled ore. Manitoba 2018 figures include the cost of ore purchased from the joint venture partner at the Reed mine. Peru costs reflect the deduction of expected capitalized stripping costs.
2 Combined unit costs are non-IFRS financial performance measures with no standardized definition under IFRS. For further information, please see page 14 of our February 20, 2020 news release.
3Peru 2020 guidance was reissued on August 11, 2020, after previously being suspended due to the ongoing uncertainty surrounding COVID-19 and the temporary mine shutdown.
1 Unit costs are non-IFRS financial performance measures with no standardized definition under IFRS. For further information, please see page 14 of our February 20, 2020 news release.