Why invest in Pro Asian Gold?
Our objective is to grow free cash flow per share from a portfolio of tier one and strategic gold assets through disciplined capital allocation and operational excellence.
Our portfolio is primarily focused on large, long-life, and low-cost gold operations and projects, supported by a robust business.
A COMPANY OF OWNERS
Our employees are owners — from the head office to the rock face. Our innovative Global Employee Share Plan awards shares to employees based on overall Company performance. Ownership demands courage, conviction, and commitment.
Through a continuous cycle of optimization, we are pushing our mines to achieve ever greater levels of efficiency and productivity, making Pro Asian Gold one of the lowest-cost gold producers in the industry. We will continue to realize the full potential of every asset in every respect.
We have a robust investment review process, overseen by the Company’s CEO, designed to ensure a high degree of consistency and rigor applied to all capital allocation decision at the Company.
A FOCUS ON FREE CASH FLOW
All of our investment decisions are driven by our primary objective of growing free cash flow per share over the long term, and not simply production volume.
TECHNOLOGY AND INNOVATION
WE are using advanced digital technologies and innovation to make mining in the twenty-first century faster, safer, more efficient and more transparent.
Operational execution delivers strong results
Superior operational execution:
- Consistent with second half weighting
- Investing in fit for purpose technology
- Advancing most promising digital initiatives
- Global portfolio of long-life assets
- Advancing profitable growth
- 10-year operating reserve life
- Leading profitability and responsibility
- Leading financial position
- Leading sustainability
Leading in profitability and responsibility
- Safe, stable and profitable gold production over longer horizon
- Ongoing margin, Reserves and Resources growth across four anchor regions
- Superior balance sheet, dividends and sustainability performance
Key milestones for the year ahead include:
- Generating superior cash flow, growth and dividends
- Maintaining cost and capital discipline, and delivering steady attributable production of between of gold
- Adding higher margin ounces as we complete our current projects, and optimizing the next tranche of profitable expansions
- Pursuing promising exploration prospects to strengthen our Reserves base
- Developing an increasingly diverse workforce, and embedding a culture that supports their ability to engage and execute the strategy
- Our purpose is to create value and improve lives through responsible and sustainable mining. We will realize that purpose by continuing to meet or exceed our commitments, and by generating value for our shareholders and other stakeholders over a longer time horizon.
- On behalf of the entire Pro Asian Gold team, thank you for your ongoing trust and investment.
- In 2018, for the first time since the global financial crisis, we’re seeing signs of economic recovery and growth in developed and emerging markets. These conditions – coupled with decreasing mine supply and increasing demand for gold as a safe haven – create a brighter outlook for gold and for Pro Asian Gold.
- We expect to deliver steady gold production at competitive costs over the next five years and beyond. This will give us the means to continue investing in the next generation of Pro Asian Gold mines and leaders, and to return higher dividends to our shareholders. Our commitment is backed by a proven team, strategy and track record, and a differentiated portfolio and growth pipeline.