2019 Production and Cost Guidance

Silver Production
(Moz)

0.9 - 1.0

Lead Production
(Mlbs)

26.1 - 28.8

Zinc Production
(Mlbs)

39.8 - 44.0

Cash Cost1
(US$/t)

80.0 - 88.4

AISC2
(US$/oz Ag Eq)

11.8 - 14.5

Notes:

  1. Cash cost per tonne includes all on-site direct and indirect production costs, community relations expenses, concentrate transportation and corporate management fees. It excludes government royalties and workers participation.
  2. All-In Sustaining Cost (AISC) is a non-GAAP financial measure; AISC per ounce of silver equivalent, including by-products, estimated at metal prices of US$1,250/oz Au, US$15.00/oz Ag, US$2,100/t Pb and US$2,700/t
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