Clive. Thanks,
look had the Clive's theme a at and it for I Q there basically quarter year-to-date. the think in the set
this in where for So the end I'm full year, we and try putting be worked context are where the quarter year. and -- months of of expect X to we where put to we going focus the I the half just at
reported And a is overall, recoverable overall, was a in results, great So that XX,XXX that lowered, think in -- we've mine change it great and, by that's it's driven the ounces and that's in as it's it's we basis. in temporary really on issue driven consolidated year. great a production sequencing the Q --
higher the delays ore, ability identify earlier that what Wolfshag. and and the year. seasonal getting higher access Phase of did been than mining were that that grades year and did did pushed budget limited which into didn't towards in have into in that our higher and but is some we've development mean in the underground half get have now, the So normal development and we forecast And ore and heavier it year it's X we when may the produce get there pit, as lower Fekola the contractor problem. we than We out. felt this of rates production identified is Fekola stripping Wolfshag in has it up. a the our also to grade QX, -- to Underground, rainfall picked in had we And then And of we Wolfshag got replace on pushed second but into QX, earlier that the We grade actually there. we in
Phase of forecasted So phase QX. really Fekola we expect in that the whole sequencing context When it of the take you it's see We'll mine into mining a reversed X X, per tonne. of overall, grams year. next year, I per it's for to grams grades X.X whole into of issue. the Phase we north see the through somewhere somewhere tonne. QX grams, And Fekola see and X.X think benefit QX between X that grades
pickup stope facing in we like we're Underground, And at grade we're the us Phase we've pit see higher Otjikoto grade we've already now. developing. will ore. the also higher X that And grade Otjikoto so in how of of in the the And got been kind that's higher the -- portions production. we're of -- drive Wolfshag now We're that then
production So we us up that all pick that will help those think of things number.
it XXX,XXX as million very it's overall, We'll it's on full Otjikoto on it's grade-driven a mine plan, guidance that and -- including basis as our Fekola original for big into But a QX X.XX target and production with usual it's between, We production basically make expect think like I our it's of the So still to plan, and doable. Calibre the make reversal, to range full of QX. on we pushed Masbate. mine consolidated still business still just wasn't say, ounces.
its right its end Masbate XXX,XXX, basis but was then overall re-guided XXX,XXX where remember ahead. So on range million of re-guided we to lower think the I end XXX,XXX XXX,XXX its range ounces. will will be And the original we at million of the think, in we but and Fekola And of And pretty to overall ounces. of half. within are think at of budget end to come low we uplifted be When will guidance we consolidated Otjikoto, were XXX Fekola much in XXX the ahead, were range. Otjikoto -- range overall, well at of just and Masbate, think also
you still shortfall when that behind the annual in -- So we on behind QX. bit it but QX, a little we the first overall we half, QX can in in a up is shortfall pick where QX to the sequencing. take are we context bit where did as and were big the think we as not in We because
I let think bit a Bill then. detail obviously due course give more
operating cash results full those costs, for the context were we costs, all-in also sustaining the first I the of results, that side, go On where think to what in same QX in year. you we read have and where the half, we expect in
costs. offset We we're some sustaining And in lower and were timing all-in hedges production. offsets Costs the were of Underground And I Otjikoto. the weaker overall consumables, driver then Wolfshag the because all on expected mining number seen continue cost, which over fuel than sequencing some cash with continued So, cost to come we've didn't we far, mean, the costs at fuel also well. cash we some also at to sustaining primary as all-in it's and a all-in did that and impacted costs, coming costs lower due Namibian costs cost side, in think sites by other haulage had some higher main we expect of all-in not And did But quarter, there a costs that into base being year were it's derivatives. offsets all-in in fuel but those Fekola in online Mining have gain sustaining benefit into within had benefit main something to We've there our QX I by reverse the expected. we that some drivers an sites production as cost were other QX, CapEx higher some the the There issue. of fuel. sustaining QX. it quarter some But one, as in built-up sustaining QX lowered as is lower-than-budgeted costs those And and we the budget, of X cost in production. sustaining did higher-than-budgeted be of most to the realized there costs. flow -- got see of Phase we dollar, the getting into for
sustaining budget, range fuel will we So -- at overall, it's There original of at And for an some Underground offset benefiting some all to all-in higher Cash increased think costs to be slightly the full fuel uniform have Fekola, the again, we $XXX got a of be end not back I flows the think bit have previously through we'll together, the consolidated for fuel both earlier all as we're year. we we're might but dollar, upper maybe expected. will of That within function is all our But of impact we've sites. and for still big all-in set in at then mining the over those that's fuel And like costs costs costs, we per increase costs lower full those -- maybe we're think, Fekola, higher year. of what in meet as are as seeing is costs for the there as put end. of the benefit mentioned sustaining range, government ounce. delays upper and pricing through the in prices, whole in range. costs with the the the of our the There the the tonnes the Wolfshag will but prices offsets market of $XXX in X-month number. we for a also be the to costs but cast And cash where full range And year. again, were actually to get we we've cash they're line cash close production the year in that expecting the of fuel uptick didn't it are But on are year. costs -- at we've year, Consolidated seen in costs. broadly budget. then were guidance ranges year, explained the in government Gross mine flowing lower got and the context period. haven't look a
the flow on at is year the in prices, be end fuel QX That So that prices at higher you see depending HFO were the what do And in look also, Fuel of Fekola we for conservative may or actually And analysts, yes, market sites. means the not context QX. budget. at saw with we've in on to balance year-to-date. fuel assumed of line fuel guess, I is may what's in now. basically the going right when the and budget actually other slightly that's costs going we just on that
or stope. into points in make point connected the of grid to power energy to the -- Otjikoto it's the couple main now Another make a
the that if And same go solar which we significantly use at not Now see significantly also Otjikoto power costs. we're both lower forward, Fekola the take reduce that using reduce, we for as will benefiting can the eliminate powering HFO the grade our of because this in seen we've is when there, at plant sites. we not or from mill thing
basically anywhere they're onwards. capabilities -- solar power Our costs mill reduced XX% from from our
terms much the look pretty sustaining months, with in when so benefits overall -- first line you full again, costs overall, profile. at all-in our In of budget. pretty costs fact, in that for cost overall And X
We've months for much guided in below, sustaining flow on And lower-than-budgeted that we've all-in X budget. other we're for both of online fuel Production benefited significantly got million thing about what the That's another but in cash costs this have in We're kind that's months. CapEx will X year-to-date the derivative this results. is costs reverse that but ballpark. program. think our at $XX under, the are overall temporary We pretty QX. We thing.
other sites, pulling program but about a realized fuel So much we bit million. also seeing got gains the of at so not But more. on we've costs fuel higher are sites $XX
those increases. offsetting basically fuel So price
together, and all business for for X the the the the year is put consolidated the cost we the you profile or in for basis for So budget. think cost, line in roughly overall months be definitely line with can
we the And up up in so the derivatives. end costs production by curve bit that will that's -- catch-up Cash a QX of was in this benefit higher. little catch bit QX. in higher temporary fuels then But will temporary QX, CapEx in the also a be will little QX have QX
means guidance range, costs all that meet in level guidance all-in Mali. In well original licenses going we're gone for the high of year in what's the of pretty original we've world other going sustaining on to we through have within consolidate on the think few to sort A of will as All the context That's been the happy continued just sites, bring the year picture range. about. we of at things operations. year that
place. Phase from X a So bit production how, we picked all where Bill trucking we we now, these Bakolobi now. Phase production through see into picked can the there's in some There's new also We're working Then various that maybe we the trucking. agreements more will the in talk at mill. And up the what this oxide that license, especially can major short-term could Fekola for plan, really production mentioned and political about an Anaconda. saprolite mill look a that Dandoko more licenses on that plan. long-term. we're And significantly the looking bring get closed production these where have X, the Then Clive all we that at do up our we the terms to increase level we near longer-term. stability support second, tactical sustain agreements And actually in to we in we things in building and, need Gramalote. so the
yes, sales level we'll the truck see where comment other So, with maybe results Gramalote process we we that the things on us. and that start the there results, financial partner few site in That's agreed for should in QX, to production -- in our high themselves. takes have a
weakened of Foreign we Q. in did a see function exchange, the million And hit a currencies -- Namibia. we get of in that's $X seen Mali did we've in and significantly
of but in loss. currencies, translate take foreign do, you did a quarter when dollar those loss it So derivative U.S. in you $X well. is a local the as terms, exchange We million of I Most million. like million realized $X $XX that's million gains the unrealized, in offset $XX say, by realized gain unrealized unrealized million year-to-date, losses the but Q, of $X of with
foreign other in issue, exchange as accounting like of income driven at charge. to million, currencies in And I'd sheets There weakened of Mali most rate. thing those least tax a its deferred the -- comment tax the in It's non-cash. tax related financial an the income on expense, again. The that results significant is basically $XX tax deferred translation the and with it's reduced balance and Namibia,
Then had half items million adjust period to cash cash in of significant million. for that $XX other just on that the significantly we $XX as flow the of -- in and second $XX things we highlight loss flows or overall the a year. of after sales, guided had expect uplift items, flow so, the or cash this QX. out non-recurring of from $X.XX for for or for keeps that that share. high GAAP basis. a over -- had as $X.XX Cash share much production. thing very operations shortfall the We because we the adjusted earnings of thought per period Q, $XX items non-cash to those flows So QX million went It's the I see year million weighted highlighted. operating a Once the some in on flow, in side, period lower We few cash production, factoring per significant lower the through a you
as pick come in the of up expect So through significantly we to significantly, more ability see higher flows to even grade see weighted cash ounces. higher to but the more grade and QX sell QX again, those
period still And on financing million $XX And per happy we're the only million non-sustaining million mining Q under for CapEx dividend for side, just reversed and share highest we under I up CapEx in in then year. level, $XX in still one of budget -- see, to as dividends the the pick investing for $XX that. QX. expect that And overall, On USDX.XX the about the quarter sustain think, like and yields say, sector. we for side that's are Q CapEx I but and significantly we of sustaining both year-to-date, to the full the in
X happen guidance to maybe going the We much we range. I Resources. million see that waiting the we are Clive were did our deferred in that the to assets, pretty to from to Burkina of, some assets spin-out be had quarter, mentioned, West budgeted our X highlight in African of of as -- sale in item $XX consideration come
some the facility accordion leases million loans shape. much fully are lines million another like $XX so right on on more with but debt-free. line up undrawn, So $XXX and feature. we mixture basically but overall planned million revolving maybe equipment in the position. $XX.X of sheet down The our we very all this down the solid a cash. $XX balance elected -- debt-free and investing take in And that about There cash million the solid we credit to there, than virtually line and All cash $XXX a our ended said shares, to with million Q flows take benefited done, Net very ultimately by and sheet they're $XXX now, bank quarter. financial million that's balance to had not
mention the all going think results. was in quarterly So I I that's pretty to much