Year 2011
Mine         Buchanan
Country         USA
Region
Open Cut Tonnage 0%
Scale Factor 1
Export/Dom Met Yield 85.0%
Export Thermal Yield 0.0%
Domestic Thermal Yield 0.0%
Wt.Av Yield % 85.0%
Book Yield % 0.0%
Export Met 0.85
Domestic Met 5.13
Export Thermal -
Domestic  Thermal -
Saleable Tonnes 5.13
ROM Coal Tonnes 6.03
Regional Premium / Discount 0%
Mine Labour USD 88,708
Local units per USD 1.0000
Electricity Local units per kWh 0.0840
Diesel Local units per litre 1.000
OC ROM Coal Strip Ratio -
OC Total Waste Volume Cum -
Dragline Cost
Are Dragline/s currently utilised? Y/N -
Is Cast Blast utilised for Dragline/s Y/N -
% OC Waste Vol for Dragline/s (incl. cast volume) % -
Dragline/s Volume (incl. cast volume) M bcm -
Cast Volume into void M bcm -
Dragline/s Volume (excl. cast volume) M bcm -
Dragline Rehandle % % -
Dragline Waste movement M cum -
Wt. Average Dragline Bucket size cum -
Dragline Crew operators # # -
Dragline operator unit cost US$/cum -
Dragline operator cost US$ M -
Dragline maintanence labour # # -
Dragline maintanence labour unit cost US$/cum -
Dragline maintanence labour cost US$ M -
Dragline parts unit cost US$/cum -
Dragline parts cost US$ M -
Dragline energy unit cost US$/cum -
Dragline energy cost US$ M -
Total Dragline unit cost US$/cum -
Total Dragline operating cost US$ M -
Electric Rope Shovel Fleet Cost
Are Elec Shovel/s currently utilised? Y / N -
% OC Waste Vol for Shovel/s fleet % -
Shovel/s fleet volume M bcm -
Wt. Average Shovel Dipper size cum -
Shovel fleet operators # # -
Shovel fleet operator unit cost US$/bcm -
Shovel fleet operator cost US$ M -
Shovel fleet maintenance labour # # -
Shovel fleet maintenance labour unit cost US$/bcm -
Shovel fleet maintenance labour cost US$ M -
Shovel fleet parts unit cost US$/bcm -
Shovel fleet parts cost US$ M -
Shovel fleet electricity unit cost US$/bcm -
Shovel fleet electricity cost US$ M -
Shovel fleet diesel unit cost US$/bcm -
Shovel fleet diesel cost US$ M -
Total Shovel unit cost US$/bcm -
Total Shovel operating cost US$ M -
Hydraulic Face Shovel/s Fleet Cost
Are Hydraulic Shovel/s currently utilised? Y / N -
% OC Waste Vol for Shovel/s fleet % -
Shovel/s fleet volume M bcm -
Wt. Average Hydraulic Shovel Dipper size cum -
Shovel fleet operator # # -
Shovel fleet operator unit cost US$/bcm -
Shovel fleet operator cost US$ M -
Shovel fleet maintenance labour # # -
Shovel fleet maintenance labour unit cost US$/bcm -
Shovel fleet maintenance labour cost US$ M -
Shovel fleet parts unit cost US$/bcm -
Shovel fleet parts cost US$ M -
Shovel fleet diesel unit cost US$/bcm -
Shovel fleet diesel cost US$ M -
Total Shovel unit cost US$/bcm -
Total Shovel operating cost US$ M -
Hydraulic Excavator Fleet Cost
Are Hydraulic Excavator/s currently utilised? Y / N -
% OC Waste Vol for Excavator/s % -
Excavator/s fleet volume M bcm -
Wt. Average Excavator bucket size cum -
Excavator fleet operator # # -
Excavator fleet operator unit cost US$/bcm -
Excavator fleet operator cost US$ M -
Excavator fleet maintenance labour # # -
Excavator fleet maintenance labour unit cost US$/bcm -
Excavator fleet maintenance labour cost US$ M -
Excavator fleet parts unit cost US$/bcm -
Excavator fleet parts cost US$ M -
Excavator fleet energy unit cost US$/bcm -
Excavator fleet energy cost US$ M -
Total Excavator unit cost US$/bcm -
Total Excavator operating cost US$ M -
BCM Check 100% -
Dragline Drill & Blast volume (incl. cast volume) M bcm -
Casted, Normal or Weak Waste material -
Free Dig Volume (unblasted volume) M bcm -
Shovel/Excavator Volume (less any Free Dig waste volume) M bcm -
Hard, Normal or Weak Waste Material -
Total D&B Volume M bcm -
D&B Drill Operator / Shot Labour # # -
D&B Drill Operator / Shot Labour unit cost US$/bcm -
D&B Drill Operator / Shot Labour cost US$ M -
Drill and Explosives truck maintence labour # # -
Drill and Explosives truck maintence labour unit cost US$/bcm -
Drill and Explosives truck maintence labour cost US$ M -
D&B Consumables, Drill parts unit cost US$/bcm -
D&B Consumables, Drill parts cost US$ M -
D&B energy  unit cost US$/bcm -
D&B energy cost US$ M -
HE & Bulk Explosives unit cost US$/bcm -
HE & Bulk Explosives cost US$ M -
Total D&B unit cost US$/bcm -
Total D&B operating cost US$ M -
Coal fleet operator # # -
Coal fleet operator unit cost US$/ROM t -
Coal fleet operator cost US$ M -
Coal fleet maintenance labour # # -
Coal fleet maintenance labour unit cost US$/ROM t -
Coal fleet maintenance labour cost US$ M -
Coal fleet parts unit cost US$/ROM t -
Coal fleet parts cost US$ M -
Coal fleet energy unit cost US$/ROM t -
Coal fleet energy cost US$ M -
Total Coal unit cost US$ROM t -
Total Coal operating cost US$ M -
Total Onsite Staff / Admin # # -
Onsite Staff / Admin unit cost US$/bcm -
Total Onsite Staff / Admin cost US$ M -
Total Site OC Manning # -
Total Mining manning cost per ROM tonne US$/ROM t -
Total Mining manning cost US$ M -
Total Energy cost per ROM tonne US$/ROM t -
Tota Energy cost US$ M -
Total Site OC Mining unit cost US$/ROM t -
Total Site OC Mining cost US$ M -
Underground Mining $/ROM t
UG Mine Labour # 780
Average depth m       350
Longwall Y/N Y
face width m 275
Width:Depth LW Ratio 0.79
LW%  %  85
LWWidth  $/ROM t  7.39
Width:Depth Ratio Factor  %  61
Longwall Cost   $/ROM t  4.49
Bord & Pillar/Development Mining Cost  $/ROM t  14.58
Maintenance  #  54
 US$/ROM t  0.79
 US$ M  $4.793
Energy  US$/ROM t  2.70
 US$ M  $16.300
Parts/Consumables  US$/ROM t  2.51
 US$ M  $15.120
Total LW/B&P Mining Cost  $/ROM t  6.00
Gas Drainage Cost  $/ROM t  2.50
Convey to Surface  $/ROM t  3.37
UG Staff & Admin # 23
UG Staff & Admin per ROM tonne US$/ROM t 0.34
UG Staff & Admin Cost  US$ M $2.060
Total Mining manning cost per ROM tonne US$/ROM t 22.61
Total Mining manning cost US$ M $69.558
Total Energy cost per ROM tonne US$/ROM t 5.65
Total Energy cost US$ M $34.104
Total Site UG Mining cost US$ M $136.417
Total Mining unit cost per ROM tonne US$/ROM t 22.61
Total Mining unit cost per sale tonne (pre contractor vol & mining eff%) US$/Saleable t 26.60
Coking Coal % % 100%
Mining Efficiency % % 85%
Mining Costs US$/Saleable t (amended) US$/Saleable t 31.29
Mining Costs US$M (amended) US$M $160.491
Coal Washing
Is any coal currently handled / washed? Y / N Y
Washery operator # # 73
Washery operator unit cost US$/sale t 1.26
Washery operator cost US$ M $6.487
Washery consumables & parts unit cost US$/sale t 2.11
Washery consumables & parts cost US$ M $10.812
Washery energy unit cost US$/sale t 0.84
Washery energy cost US$ M $4.325
Total Washery unit cost per sale tonne US$/sale t 4.22
Total Washery cost US$ M $21.625
Total Mining and Washery manning # 856
Total Mining and Washery manning cost per sale tonne US$/sale t 14.83
Total Mining and Washery manning cost US$ M $76.045
Total Mining and Washery Energy cost per sale tonne US$/sale t 7.49
Total Mining and Washery Energy cost US$ M $38.429
Total Mining and Washery unit cost per sale tonne US$/sale t 35.51
Total Mining and Washery cost US$ M $182.116
Rail System Eastern USA
ROM transport Road km       0
  Conveyor km     0
Distance to port Road km       0
  Barge km       0
Rail km to port         400
Below-rail freight factors          
AT1 000gtk       1.210
AT2 rtp       1069.608
AT3 000ntk       6.588
AT4 nt       1.285
AT5 000gtk       3.09
EC 000gtk       0.80
  nt        
Coal per train              5,513
tare              1,574
trips (exports)            1,861
below rail costs US$/t          
AT1         $0.76
AT2         $0.39
AT3         $2.64
AT4         $1.29
AT5         $1.94
EC         0.50
           
Below rail Total         $7.75
Above rail costs US$/t          
Round journey hrs         $13.77
Labour $/t $64.07/hr       $0.40
Diesel l/t/km $1.000/l       $4.32
Electricity kWh/t/km        0.08       $0.00
Admin & Prof 50%       $2.36
Above rail total         $7.08
Load and Unload 6       $3.48
Total Rail freight         $18.32
         
Port Norfolk
Port Charges US$/t $6.00
Export  thermal CV gar  gar  - 
Domestic  thermal CV gar  gar  - 
Royalty Rate 
HCC/SHCC   Mt        $5.13
  Base Price premium/discount   -$0.33
  $268.19       $179.68
  Royalty       $12.58
  FOB Price USD net of Royalty   $167.11
SSCC Mt       -
  Base Price premium/discount    
  $126.25       -
  Royalty       -
  FOB Price USD net of Royalty   -
PCI/SCC Mt       -
  Base Price premium/discount    
  $126.25       -
  Royalty       -
  FOB Price USD net of Royalty   -
Export Thermal Mt       -
  Base Price premium/discount    
  -       -
  Royalty       -
  FOB Price USD net of Royalty   -
Domestic Thermal Mt       -
      thermal adjusted -
      thermal adjusted -
  Price       -
  Royalty       -
  FOB Price USD net of Royalty   -
Total Mining Cost US$ US$m $160.49
Ex mine values
HCC Ex mine value US$/t $138.57
SSCC Ex mine value US$/t -
PCI/SCC Ex mine value US$/t -
Export Thermal Ex mine value US$/t -
Domestic Thermal Ex mine value US$/t -
HCC Ex mine value US$m $710.77
SSCC Ex mine value US$m -
PCI/SCC Ex mine value US$m -
Export Thermal Ex mine value US$m -
Domestic Thermal Ex mine value US$m -
$710.77
HCC         1
  Mt       $5.13
  Mine US$     $31.29
  Washery US$     $4.22
  below-rail US$     $7.75
  Other transport US$     $10.56
  Port US$     $6.00
  Royalty US$     $12.58
  HCC FOB US$     $72.40
SSCC          
  Mt       -
  Mine US$     -
  Washery US$     -
  below-rail US$     -
  Other transport US$     -
  Port US$     -
  Royalty US$     -
  SSCC FOB US$     -
PCI/SCC         -
  Mt        
  Mine US$     -
  Washery US$     -
  below-rail US$     -
  Other transport US$     -
  Port US$     -
  Royalty US$     -
  PCI/SCC FOB US$     -
Export Thermal                   -  
  Mt                 -  
  Mine US$               -  
  Washery US$               -  
  below-rail US$               -  
  Other transport US$               -  
  Port US$               -  
  Royalty US$               -  
  Export Therm FOB US$               -  
Domestic Thermal (excl Mine Mouth Power Station) DomTherm excl MMPS %               -  
                    -  
  Mt                 -  
  Mine US$               -  
  Washery US$               -  
  below-rail US$               -  
  Other transport US$               -  
  Port US$               -  
  Royalty US$               -  
  Dom Therm (exc MMPS) FOB US$               -  
Domestic Thermal to Mine Mouth Power Station DomTherm MMPS %               -  
                    -  
  Mt                 -  
  Mine US$               -  
  Washery US$               -  
  below-rail US$               -  
  Other transport US$               -  
  Port US$               -  
  Royalty US$               -  
  Dom Therm MMPS FOB US$               -  
          -  
Total Metallurgical FOB cost Mt       5.129
  Mine US$     $31.29
  Washery US$     $4.22
  below-rail US$     $7.75
  Other transport US$     $10.56
  Port US$     $6.00
  Royalty US$     $12.58
  FOB US$     $72.40
Total FOB cost  Mt       5.129
  Mine US$     $31.29
  Washery US$     $4.22
  below-rail US$     $7.75
  Other transport US$     $10.56
  Port US$     $6.00
  Royalty US$     $12.58
  FOB US$     $72.40
           
Ocean Freight to Qingdao       $36.69
Ocean Freight to Fukuyama     $17.51
Ocean Freight to Rotterdam     $12.28
Ocean Freight to Vizag       $14.47
           
EBITDA US$m       $550.29
Revenue US$m       $921.64
Margin %       59.71%