23rd September 2013 WWW.LCC.ASIA

IMPORTANT DISCLAIMER This report has been prepared by Lincoln Crowne & Company Pty. Limited ("LCC"). The research is based on information obtained from sources believed to be accurate and reliable. LCC does not guarantee the accuracy, reliability, completeness or suitability of any such information and makes no warranty, guarantee or representation, expressly or impliedly about this research. LCC accepts no obligation to correct or update the information. No opinion or recommendation is made within this research. This report is not intended to be, nor should it be relied on, as a substitute for professional advice. This report should not be relied upon as the sole basis for any investment decision or planning, and LCC does not accept any responsibility on this basis for actions made . Page 1 / 4

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A$ Metal Price Advantage is Fading Global Economy Fundamentals

Source: Capital IQ, COMEX, LME, SHFE, Thomson Reuters, LCC research Note: the SHFE copper price is based on the LME 3-month price and includes CIF premium, tax and duty

Precious Metals & Energy Last Close Price

YTD Change

4-Week Change

Week Change Base Metals Last Close

PriceYTD

Change4-Week

ChangeWeek

ChangeGold (A$/oz) 1,410 ▼ -12% ▼ -9% ▼ -0.4% Copper (A$/lb) 3.52 ▲ 2% ▼ -4% ▲ 2.1%Gold (US$/oz) 1,326 ▼ -21% ▼ -5% ▲ 1.3% Copper (US$/lb) 3.31 ▼ -8% ▼ 0% ▲ 3.8%Silver (US$/oz) 21.8 ▼ -28% ▼ -8% ▲ 0.4% Cobalt (US$/lb) 12.93 ▲ 12% ▲ 5% - 0.0%Platinum (US$/oz) 1,427 ▼ -7% ▼ -7% ▼ -1.2% Molybdenum (US$/lb) 9.53 ▼ -19% ▲ 2% - 0.0%Palladium (US$/oz) 713 ▲ 1% ▼ -5% ▲ 2.2% Nickel (US$/lb) 6.39 ▼ -18% ▼ -2% ▲ 3.6%Crude Oil (US$/barrel) 104 ▲ 13% ▼ -1% ▼ -2.1% Lead (US$/lb) 0.94 ▼ -11% ▼ -8% ▲ 0.6%Gas H.Hub (US$/m btu) 3.68 ▲ 9% ▲ 1% ▼ -2.0% Zinc (US$/lb) 0.84 ▼ -9% ▼ -10% ▲ 1.4%Uranium (US$/lb) 35 ▼ -19% ▲ 1% ▲ 2.9% Tin (US$/lb) 10.59 ▼ -1% ▲ 6% ▲ 3.2%

Currencies & Indices Last Close Price

YTD Change

4-Week Change

Week Change Global Markets Last Close

PriceYTD

Change4-Week

ChangeWeek

ChangeAUD/USD 0.940 ▼ -10% ▲ 4% ▲ 1.7% ASX 200 5,277 ▲ 14% ▲ 3% ▲ 1.1%RMB/USD 0.163 ▲ 2% ▼ 0% ▼ 0.0% Dow Jones 15,451 ▲ 18% ▲ 3% ▲ 0.5%CAD/USD 0.972 ▼ -3% ▲ 2% ▲ 0.5% S&P 500 Index 1,710 ▲ 20% ▲ 3% ▲ 1.3%ZAR/USD 0.101 ▼ -14% ▲ 3% ▲ 0.8% Shang Hai Index 2,192 ▼ -3% ▲ 7% ▼ -2.0%ASX Ordinary Gold 2,809 ▼ -43% ▼ -4% ▲ 7.3% Hang Seng Index 23,503 ▲ 4% ▲ 7% ▲ 2.6%TSX Global Gold 178 ▼ -41% ▼ -15% ▲ 0.0% Nikkei 225 14,742 ▲ 42% ▲ 8% ▲ 2.3%ASX 300 Metals & Mining 3,290 ▼ -10% ▲ 2% ▲ 0.8% FTSE 100 Index 6,596 ▲ 12% ▲ 2% ▲ 0.2%TSX Global Mining 73 ▼ -24% ▼ -2% ▲ 0.7% Euro STOXX 50 Index 2,927 ▲ 11% ▲ 4% ▲ 2.1%

1200

1300

1400

1500

1600

1700

Jun Jul Aug Sep

Gold PriceGold Price US$/oz100-day moving averageGold Price A$/oz

3.00

3.20

3.40

3.60

3.80

0

100

200

300

400

Jun Jul Aug Sep

LME Copper Price and Volume

Volume ('000 lot) Price (US$/lb)Price (A$/lb)

3.00

3.20

3.40

3.60

3.80

0

20

40

60

80

100

Jun Jul Aug Sep

COMEX Copper Price and Stocks

Stocks ('000 t) Price (US$/lb)

3.50

3.70

3.90

4.10

4.30

4.50

0

20

40

60

80

100

Jun Jul Aug Sep

SHFE Copper Price and Stocks

Stocks ('000 t) Price (US$/lb)

3.50

3.70

3.90

4.10

4.30

4.50

0

20

40

60

80

100

Jun Jul Aug Sep

SHFE Copper Price and Volume

Volume ('000 lot) Price (US$/lb)

3.00

3.20

3.40

3.60

3.80

0

40

80

120

160

Jun Jul Aug Sep

COMEX Copper Price and Volume

Volume ('000 lot) Price (US$/lb)

1000

3000

5000

7000

Sep 12 Dec 12 Mar 13 Jun 13 Sep 13

S&P/ASX All Ordinaries Gold Index(XGO)

2.50

3.00

3.50

4.00

4.50

100

200

300

400

500

600

Aug 12 Nov 12 Feb 13 May 13 Aug 13

000

Tons

China Monthly Copper Import Volume ( '000 t) AlloyAnodeProductsCopper Mineral Sands and Refined MineralsMonthly Average Copper Spot Price US$/lb (RHS)

3.00

3.20

3.40

3.60

3.80

0

200

400

600

800

Jun Jul Aug Sep

LME Copper Price and Stocks

Stocks ('000 lot) Price (US$/lb)Price (A$/lb)

0200400600800

100012001400

Q208

Q408

Q209

Q409

Q210

Q410

Q211

Q411

Q212

Q412

Q213

World Gold Demand and Supply

Total Demand (tonnes)Total Supply (tonnes)

23rd September 2013 WWW.LCC.ASIA

IMPORTANT DISCLAIMER This report has been prepared by Lincoln Crowne & Company Pty. Limited ("LCC"). The research is based on information obtained from sources believed to be accurate and reliable. LCC does not guarantee the accuracy, reliability, completeness or suitability of any such information and makes no warranty, guarantee or representation, expressly or impliedly about this research. LCC accepts no obligation to correct or update the information. No opinion or recommendation is made within this research. This report is not intended to be, nor should it be relied on, as a substitute for professional advice. This report should not be relied upon as the sole basis for any investment decision or planning, and LCC does not accept any responsibility on this basis for actions made . Page 2 / 4

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• Chinese copper smelters are looking for up to a 50 % increase in annual term treatment and refining charges (TC/RCs) for 2014, encouraged by greater availability of concentrates and spot charges hitting two-year highs. Large copper smelters in China, the world's top buyer of raw material concentrate, may ask for TC/RCs of about $105/t and 10.5¢/lb when they meet with miners during London Metal Exchange week, which begins on October 7.

• Anglo American has pulled out of the Pebble copper gold project in Alaska, less than two months after pledging to halve a $17 billion pipeline of potential mines and bring down the cost of keeping future options open. The decision comes after Anglo American has spent US$541 million on the project. Northern Dynasty Minerals, the 50:50 joint venture partner, will again own 100% of one of the world's most important copper and gold resource: 5.94 billion tonnes in the measured and indicated category containing 55 billion lb copper, 67 million oz gold and 3.3 billion lb molybdenum; and 4.84 billion tonnes in the inferred category, containing 26 billion lb copper, 40 million oz gold and 2.3 billion lb molybdenum. Quantities of silver, palladium and rhenium also occur in the deposit.

• The Papua New Guinea government has taken control of the Ok Tedi mine and has repealed laws protecting BHP Billiton from legal action over environmental damage. Tailings from the mine caused widespread damage to the Fly River in the 1980s and 90s. In 2001, BHP divested its majority share in the mine to a charitable trust called the PNG Sustainable Development Program, and in return was granted legal immunity.

Emerging Copper Companies

Source: Capital IQ, ASX announcements, LCC research. C1 costs and capex as estimated and announced by the respective companies.

Copper Producers

Source: Capital IQ, ASX announcements, LCC research. C1 and C3 costs as reported in last quarter, except for TGS, LCC estimate.

Code Company Name Open Price

Close Price

Week High

Week Low

Market Cap

(A$m)

52 Week Range

Cash (A$m)

EV (A$m) Project

Annual Production

(t)

Mineral Resource

(mt Cu)

C1 Costs

(US$/lb)

Capex (US$m)

AVI Avalon Minerals 0.01 0.01 0.01 0.01 ▲ 33.3% 5 1 4 Viscaria 20,000 0.610 0.49 180AVB Avanco Resources 0.09 0.09 0.09 0.09 ▼ -5.4% 97 4 93 Antas North 12,000 0.762 1.10 50AZS Azure Minerals 0.03 0.03 0.09 0.09 ▼ -3.2% 19 2 17 Promontorio 4,850 0.021 1.16 35BTR Blackthorn Resources 0.29 0.26 0.30 0.26 ▼ -12.1% 42 26 16 Mumbwa 39,000 1.000 2.04 358FND Finders Resources 0.21 0.21 0.21 0.21 — 0.0% 104 3 110 Wetar (95% ) 28,000 0.205 1.11 133HAV Havilah Resources 0.29 0.28 0.29 0.28 ▼ -5.2% 33 6 27 Kalkaroo 40,000 0.623 1.20 360HCH Hot Chili 0.43 0.43 0.44 0.41 — 0.0% 143 23 120 Productora 55,000 0.920 1.35 600HIG Highlands Pacific 0.07 0.07 0.07 0.07 ▼ -1.4% 54 7 47 Frieda River (18.2% ) 246,000 13.000 0.58 5,300IRN Indophil Resources 0.21 0.19 0.21 0.19 ▼ -11.9% 223 224 -1 Tampakan (37.5% ) 375,000 15.000 0.46 5,900MMC Marengo Mining 0.02 0.03 0.03 0.02 ▲ 4.2% 28 7 42 Yandera 90,000 0.806 1.80 1,800MNC Metminco 0.05 0.04 0.05 0.04 ▼ -22.6% 72 13 59 Los Calatos 100,000 6.538 1.06 1,320RXM Rex Minerals 0.62 0.50 0.63 0.49 ▼ -19.4% 94 25 70 Hillside 80,000 2.000 1.20 900VRX Ventnor Resources - - - - — suspended 0 N/A Thaduna/Green Dragon 15,000 7.900 1.58 63VXR Venturex Resources 0.01 0.01 0.01 0.01 ▼ -18.2% 14 3 11 Pilbara 16,500 0.315 1.41 251YTC YTC Resources 0.27 0.25 0.28 0.25 ▼ -7.4% 66 16 85 Nymagee N/A 0.091 N/A N/A

Weekly Change

Code Company Name Open Price

Close Price

Week High

Week Low

Weekly Change

Market Cap(A$m)

52 Week Range

Cash (A$m)

EV (A$m)

EV/EBITDA Project Quarterly

Production (t)Ore Reserve

(mt Cu)C1 Costs

(US$/lb)C3 Costs

(US$/lb)ABY Aditya Birla Minerals 0.37 0.36 0.38 0.36 ▼ -4.1% 111 86 26 0.2x Nifty 9,873 0.473 2.84 N/AAOH Altona Mining 0.16 0.15 0.16 0.15 ▼ -6.3% 80 26 76 5.3x Kylylahti 1,809 0.061 2.23 3.37DML Discovery Metals 0.13 0.11 0.15 0.11 ▼ -15.4% 54 24 201 NM Boseto 5,034 0.191 3.45 N/AHGO Hillgrove Resources 0.08 0.08 0.09 0.08 ▲ 5.3% 82 17 113 5.5x Kanmantoo 3,590 0.125 2.40 3.19IVA Inova Resources 0.22 0.21 0.22 0.21 ▼ -2.3% 153 33 120 NM Osborne 5,451 0.069 2.57 3.70OZL OZ Minerals 4.32 4.43 4.63 4.25 ▲ 2.5% 1,343 433 910 7.2x Prominent Hill 17,379 0.748 1.95 3.56PNA PanAust 2.22 2.33 2.35 2.17 ▲ 5.0% 1,387 94 1,473 4.7x Phu Kham (90% ) 15,483 1.127 1.45 2.12SFR Sandfire Resources 6.63 6.78 7.07 6.37 ▲ 2.3% 1,055 77 1,263 6.4x DeGrussa 14,293 0.438 1.37 2.21SRQ Straits Resources 0.01 0.01 0.02 0.01 — 0.0% 16 41 97 NM Tritton 6,271 0.178 2.41 3.87TGS Tiger Resources 0.30 0.30 0.32 0.29 ▲ 1.7% 202 13 189 3.6x Kipoi 1 (60% ) 11,116 0.303 1.06 1.35

23rd September 2013 WWW.LCC.ASIA

IMPORTANT DISCLAIMER This report has been prepared by Lincoln Crowne & Company Pty. Limited ("LCC"). The research is based on information obtained from sources believed to be accurate and reliable. LCC does not guarantee the accuracy, reliability, completeness or suitability of any such information and makes no warranty, guarantee or representation, expressly or impliedly about this research. LCC accepts no obligation to correct or update the information. No opinion or recommendation is made within this research. This report is not intended to be, nor should it be relied on, as a substitute for professional advice. This report should not be relied upon as the sole basis for any investment decision or planning, and LCC does not accept any responsibility on this basis for actions made . Page 3 / 4

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• Discovery Metals (ASX: DML) has executed a legally binding term sheet with Blumont Group Ltd (SGX: A33) to provide new capital made of a share placement (15% new shares at A$0.12 to raise A$8.75 million) and convertible bonds for US$100 million (5% 5 year convertible to ordinary shares at A$0.15 per share). DML plans to offer a share purchase plan at placement price capped at A$10 million. The US$25 million revolving credit facility is to be repaid in full. The US$129 million project finance facility is to be restructured with a US$25 m principal repayment and the US$104 m balance to be repaid in 8 quarterly instalments between 31 March 2016 and 31 December 2017. Interest is capitalised until 31 December 2015.

• Inova Resources (ASX: IVA) has revised its ore reserve estimate for the Starra 276 underground mine near Selwyn to 854,000 tonnes grading 1.52% copper and 0.87 g/t gold for a contained 13,000 t copper and 24,000 oz gold.

• Focus Minerals (ASX: FML) “expects the gold price to go through what many will interpret as signs of recovery. In Australian dollar terms, the exchange rate will also have an impact from time to time”. Going forward, FML “needs to concentrate on the margin it makes from mining and processing its gold resource to maximize the end result for the Company and its shareholders”.

• Panoramic Resources (ASX: PAN) has provided an update on the BFS for the Gidgee gold project. The study will now include a “Wilsons Only” option. This option considers treating 300,000 tpa of high grade ore (5.5-6.0 g/t) using heap leach on site to produce 45 ,000-50,000 ozpa at C1 costs of 750-800/oz. Capital costs for this development option are reduced to A$60-70 million, compared to A$127 million for the larger development envisaged in the August 2012 scoping study.

• Regis Resources (ASX: RRL) has reported a profit after tax of A$146 million for FY2013 (+114% y/y). RLL also declared a maiden dividend of 15 cps, fully franked. Cash flow from operations was A$247 million. Gold production from Garden Well for 2014 is forecast at between 190,000 and 210,000 oz at a cash cost of A$680-$730/oz. Gold production from Moolart Well for 2014 is forecast at between 95,000 and 105,000 oz at a cash cost of A$560-$610/oz. RRL also expected to complete the development of the Rosemont gold deposit early in the December 2013 quarter. Gold production is expected to contribute 48,000-53,000 oz for FY2014.

Mergers & Acquisitions • Austral Gold (ASX: AGD) is investing C$9.3 million to take a major stake in a TSX-listed developer Gold Mines Corp with a 1.52

million ounce Lindero gold project in Argentina. • IMX Resources (ASX: IXR) has agreed to a US$60 million JV with MMG for the Nachingwea nickel project in Tanzania. MMG

may earn up to a 60% interest in the project by sole funding expenditure over a five year period structured in three stages: Stage 1 – MMG has committed to sole funding expenditure of US$10 million over the next 12 months to earn a 15% JV interest; Stage 2 – MMG may elect to sole fund a further US$25 million within a further 18 months and increase its JV interest to 40%; Stage 3 – MMG may elect to sole fund a further US$25 million within a further 30 months and increase its JV interest to 60%. MMG will become manager of the JV. Upon a decision to proceed to project development being taken, MMG has the option to increase its JV interest to 80% for a cash payment to IMX at the then fair market value.

• Overland Resources (ASX: OVR) has signed an agreement with Colombian Mines Corporation (TSXV: CMJ) that provides OVR the right to earn a 90% interest in the Rio Negro project in Colombia. The project is prospective for copper and gold.

• Vale has backed out of a US$20 million farm-in agreement with Goldminex Resources (ASX: GMX) related to five exploration licences in the Owen Stanley Range region of Papua New Guinea.

23rd September 2013 WWW.LCC.ASIA

IMPORTANT DISCLAIMER This report has been prepared by Lincoln Crowne & Company Pty. Limited ("LCC"). The research is based on information obtained from sources believed to be accurate and reliable. LCC does not guarantee the accuracy, reliability, completeness or suitability of any such information and makes no warranty, guarantee or representation, expressly or impliedly about this research. LCC accepts no obligation to correct or update the information. No opinion or recommendation is made within this research. This report is not intended to be, nor should it be relied on, as a substitute for professional advice. This report should not be relied upon as the sole basis for any investment decision or planning, and LCC does not accept any responsibility on this basis for actions made . Page 4 / 4

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Source: Capital IQ, LCC research. C1 costs and capex as estimated and announced by the respective companies. Assumption: A$/US$ exchange rate of 0.90.

Gold Producers

Source: Capital IQ, LCC research. Assumption: A$/US$ exchange rate of 0.90. Note: * These stocks are not primarily listed on the ASX. Prices, market cap and multiples are based on their primarily listed market quote.

Code Company Name Open Price

Close Price

Week High

Week Low

Weekly Change

Market Cap (A$m)

52 Week Range

Cash (A$m)

EV (A$m) Project Name Annual

Production (oz)Reserves

(moz)C1 Costs (US$/oz)

Capex (US$m)

ABU ABM Resources 0.03 0.03 0.04 0.03 ▼ -11.8% 98 8 90 Old Pirate 100,000 0.3 383 27ALK Alkane Resources 0.36 0.41 0.44 0.36 ▲ 12.5% 151 64 87 Tomingley 55,000 0.2 882 96AZM Azumah Resources 0.04 0.04 0.04 0.03 ▲ 5.4% 13 4 9 Wa 100,000 0.7 700 160BAB Bullabulling Gold 0.07 0.06 0.08 0.06 ▼ -9.9% 22 1 21 Bullabulling 175,500 2.4 843 367CAS Crusader Resources 0.24 0.24 0.25 0.22 ▲ 2.1% 30 3 28 Borborema 131,000 1.6 558 169DRM Doray Minerals 0.63 0.70 0.71 0.58 ▲ 11.1% 99 26 74 Andy Well 74,000 0.3 592 53GCY Gascoyne Resources 0.18 0.18 0.18 0.15 -- 0.0% 28 3 25 Glenburgh 73,000 0.3 819 54GRY Gryphon Minerals 0.17 0.15 0.18 0.15 ▼ -11.8% 60 52 8 Banfora 151,000 1.1 774 208IGO Independence Group 4.00 4.12 4.18 3.85 ▲ 3.0% 961 27 954 Tropicana (30% ) 470,000 3.9 558 752IDC Indochine Mining 0.08 0.08 0.08 0.08 ▼ -2.6% 67 2 65 Mt Kare 130,000 1.1 800 218IAU Intrepid Mines 0.27 0.27 0.32 0.27 — 0.0% 150 94 56 Tumpangpitu 143,000 1.5 376 204KGD Kula Gold 0.12 0.10 0.12 0.10 ▼ -16.7% 13 4 9 Woodlark 90,000 0.8 730 160MSR Manas Resources 0.06 0.06 0.06 0.05 ▼ -6.8% 15 6 9 Shambesai 55,000 0.3 387 41MDI Middle Island Resources 0.11 0.11 0.11 0.11 — 0.0% 14 6 8 Samira Hill N/A 0.3 N/A 1MYG Mutiny Gold 0.05 0.05 0.05 0.04 ▼ -9.6% 24 2 23 Deflector 80,000 0.4 574 56PAN Panoramic Resources 0.28 0.29 0.29 0.27 ▲ 3.6% 76 23 53 Gidgee 87,000 0.6 783 114

Mt Henry (70% ) 116,000 0.9 837 176PIR Papillon Resources 1.04 1.15 1.21 0.99 ▲ 10.6% 387 62 325 Fekola 306,000 3.0 580 292PVM PMI Gold 0.32 0.38 0.39 0.30 ▲ 18.8% 157 113 44 Obotan 221,500 2.4 626 297PXG Phoenix Gold 0.20 0.17 0.20 0.15 ▼ -12.8% 41 16 25 Castle Hill 100,000 0.7 756 118ROL Robust Resources 0.20 0.27 0.30 0.20 ▲ 35.0% 28 19 9 Andash (80% ) 70,000 0.4 27 96SIH Sihayo Gold 0.04 0.04 0.04 0.03 ▼ -7.5% 31 3 28 Pungkut 46,000 0.3 635 60SUM Sumatra Copper & Gold 0.13 0.13 0.13 0.11 — 0.0% 52 19 33 Tembang 30,000 0.4 487 40

Code Company Name Open Price

Close Price

Week High

Week Low

Weekly Change

Market Cap

(A$m)

52 Week Range

Cash (A$m)

Debt (A$m)

EV (A$m)

EV/EBITDA

Ore Reserve

(moz)

Quarterly Production (oz)

C1 Costs (US$/oz)

C3 Costs (US$/oz)

ANG* AngloGold Ashanti 126.20 133.48 140.19 123.20 ▲ 5.8% 53,743 461 3,089 56,371 5.7x 74.1 935,000 898 1,141 ASR* Alacer Gold Corp 2.89 3.25 3.57 2.87 ▲ 12.5% 932 299 63 696 2.7x 5.0 109,817 726 N/ABDR Beadell Resources 0.84 0.85 0.88 0.73 ▲ 1.2% 670 28 141 784 70.4x 1.9 36,179 679 N/ABEZ* Besra Gold 0.06 0.06 0.06 0.05 — 0.0% 21 4 43 60 2.6x 0.1 18,500 793 1,330 CTO Citigold Corporation 0.05 0.05 0.06 0.05 — 0.0% 72 1 0 71 NM 0.3 773 529 N/ADRA Dragon Mining 0.22 0.22 0.22 0.22 — 0.0% 20 7 0 13 61.8x 0.1 17,223 928 N/AEVN Evolution Mining 0.84 0.86 0.95 0.80 ▲ 2.4% 609 14 141 737 3.6x 3.1 112,559 686 1,229 EDV* Endeavour Mining Corp 0.71 0.70 0.82 0.65 ▼ -1.4% 289 82 222 430 6.5x 2.5 73,700 809 975 FML Focus Minerals 0.01 0.01 0.02 0.01 — 0.0% 128 114 11 25 NM 0.5 25,172 1,709 1,765 GDO Gold One International 0.20 0.23 0.24 0.20 ▲ 12.5% 320 8 238 550 7.0x 2.7 68,208 1,071 1,244 KCN Kingsgate Consolidated 1.75 1.80 2.03 1.64 ▲ 2.6% 273 42 200 432 4.0x 2.9 61,793 824 1,272 KRM Kingsrose Mining 0.40 0.41 0.42 0.39 ▲ 1.3% 136 1 6 141 NM N/A 1,395 6,445 N/ALSA Lachlan Star 0.23 0.21 0.24 0.21 ▼ -8.7% 21 3 26 44 NM 0.4 16,160 1,137 N/AMML Medusa Mining 2.14 2.30 2.44 2.05 ▲ 7.5% 434 8 16 442 6.1x 0.6 15,642 355 N/AMOY Millennium Minerals 0.32 0.35 0.36 0.32 ▲ 7.8% 69 5 54 118 9.2x 0.7 16,441 685 844 NCM Newcrest Mining 12.55 13.10 13.18 11.85 ▲ 4.4% 10,029 69 4,210 14,170 5.3x 87.3 642,032 675 936 NGF Norton Gold Fields 0.13 0.13 0.14 0.13 — 0.0% 116 56 115 175 7.2x 1.1 41,464 926 1,181 NST Northern Star Resources 0.85 0.86 0.88 0.79 ▲ 1.2% 365 61 12 316 4.5x 0.3 25,421 684 988 OGC* OceanaGold Corporation 1.67 1.58 1.87 1.57 ▼ -5.4% 464 18 247 693 3.8x 3.6 68,353 682 1,000 PGI PanTerra Gold 0.08 0.08 0.09 0.08 ▲ 1.3% 62 4 0 58 9.2x 0.6 6,661 1,037 N/APRU Perseus Mining 0.61 0.67 0.68 0.54 ▲ 9.8% 307 35 0 272 3.8x 4.0 47,565 1,181 1,405 RDR Reed Resources 0.02 0.02 0.02 0.02 ▼ -16.7% 10 19 0 -9 0.7x 0.8 12,918 1,642 1,700 RED Red 5 - - - - suspended 8 23 16 NM 0.7 3,169 689 1,039 RMS Ramelius Resources 0.17 0.16 0.19 0.16 ▼ -3.0% 58 37 4 24 1.1x 0.6 18,988 1,382 N/ARRL Regis Resources 3.91 4.16 4.23 3.67 ▲ 6.4% 2,064 81 0 1,983 8.1x 3.0 72,134 601 N/ARSG Resolute Mining 0.74 0.66 0.75 0.62 ▼ -11.5% 420 156 91 355 2.0x 4.4 102,685 757 963 SAR Saracen Mineral Holdings 0.22 0.26 0.28 0.20 ▲ 18.6% 152 13 22 160 2.7x 1.1 37,259 742 1,087 SBM St Barbara 0.63 0.61 0.67 0.54 ▼ -4.0% 295 129 328 494 NM 5.7 107,363 862 N/ASLR Silver Lake Resources 0.78 0.84 0.88 0.77 ▲ 7.7% 365 19 33 379 NM 1.7 55,600 645 981 TAM Tanami Gold 0.06 0.06 0.07 0.06 ▼ -7.8% 35 2 44 77 35.4x 0.4 3,454 1,750 1,793 TBR Tribune Resources 2.03 2.06 2.08 2.03 ▲ 1.5% 103 9 14 109 2.0x 0.2 19,133 401 N/ATGZ* Teranga Gold Corp 0.68 0.72 0.81 0.63 ▲ 5.9% 212 54 82 241 1.1x 1.7 49,661 642 1,063 TRY Troy Resources 1.45 1.65 1.65 1.44 ▲ 13.8% 277 41 0 235 4.0x 0.4 27,808 813 N/AUML Unity Mining 0.08 0.08 0.08 0.08 ▲ 1.3% 54 28 0 27 3.6x 0.4 13,212 881 N/AVGO Vantage Goldfields 0.05 0.05 0.05 0.05 — 0.0% 13 1 0 12 4.0x 0.5 5,756 1,264 1,464