PROJECT 1 — ZIMBABWE

Our flagship heap leach facility processes ore from two adjacent open-pit sources. The complex operates at capacity
and is currently undergoing a pad 3 expansion to increase throughput by 35%.

Project Highlights

• Ore processed to date: 2.3M+ tonnes

• Average head grade: 0.8–1.2 g/t Au

• Recovery rate: 78–82% (heap leach industry benchmark)

• Expansion Phase 3: Q3 2025 commissioning target

• Workforce: 280 direct employees, 65% sourced locally