In order to drive the company forward and maximize value for current and future shareholders, we have a clear three-pillar strategy in place:
(1) identifying and acquiring assets where we are uniquely poised to created value;
(2) increasing gold production by streamlining existing operations; and
(3) developing operations at existing and newly acquired mines.
Identify opportunity – finding value accretive acquisitions
We identify underperforming assets where we can create value through operational improvements or by providing expertise or capital. Our extensive acquisition experience allows us to consider high-quality assets regardless of location and without jeopardizing financial discipline.
Streamline operations – bringing industry expertise to bear to improve operating results
When we acquire assets, we enhance their culture and strategic focus, applying best practices and increasing operational performance. Our streamlining process includes both addressing immediate issues, such as cash constraints, and intensive and ongoing measures to improve mine management and productivity.
Develop assets – organically expanding and developing our existing assets and driving value from acquisitions
Leveraging our strong cash flows and capital returns, we make significant investments in our current mines and new greenfield and brownfield projects. These investments increase the life of our mines, expand our reserves and provide a foundation for future growth.