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The new strategy will add 2.1 million ounces of gold production to the Tropicana business plan.

Tropicana gold mine set for new phase

The joint owners of the Tropicana gold mine have approved spending of $46 million to underpin a new mining strategy under which waste material from new pits will be tipped back into the original open pit mine, delivering increased production and a longer mine life.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
153rdSaracen Mineral Holdings87%81%
177thWestern Areas70%10%
192ndIndependence Group64%19%
346thMetals X21%18%
391stGold Road Resources10%77%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

16/07/18
$559k Issued
16/07/18
$559k Other
16/07/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

13th↓Independence Group$424.1m
14th↑Saracen Mineral Holdings$423.2m
15th↑Gold Road Resources$665k
17th↓Metals X$279.8m
18th↑Western Areas$250.5m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Independence Group

30thPeter Bradford$1.313m
120thBrett Hartmann$676k
163rdScott Steinkrug$592k
Ranked by total remuneration from all listed WA companies

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