Activities Report for the quarter ended 31 December 2014

• 6,438 tonnes of copper cathode produced for the quarter
• 2014 annual production within 5% of guidance
• Record production in December of 2,301 tonnes of copper cathode
• No LTIs reported during the quarter, over 1 million man hours LTI free
• 2015 production guidance of 25,000 tonnes of copper cathode at allin sustainable cost $1.57/lb to $1.67/lb

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