1、Producing gold in the PhilippinesRed5Limited2012 Annual ReportRed5Limited2012 Annual ReportCorporate ProfileContentsChairmans Address 2Managing Directors Address 3Discussion and Analysis 4Siana Gold Mine 4Exploration 8Siana Resource&Reserve Statement 10 Community,Environment&Safety 11Financial State
2、ments 12Directors Report 13Statement of Comprehensive Income 21Statement of Financial Position 22Statement of Changes in Equity 23Statement of Cash Flows 24Notes to Financial Statements 25Declaration by Directors 46Independent Audit Report 47Corporate Governance Statement 48Statement of Shareholders
3、 50Investor Information 52Corporate Directory IBCRed 5 Limited(ABN 73 068 647 610)is listed on the Australian Securities Exchange(ticker RED)with over 4,000 shareholders.The largest shareholders are Baker Steel Capital Managers with a 8.2%interest and Franklin Templeton with a 6.6%interest.There are
4、 also a further nineteen institutional shareholders based in Toronto,New York,Connecticut,San Francisco,London,Melbourne and Sydney.The Companys principal asset is the Siana Gold Mine in the Philippines,held under a Mineral Production Sharing Agreement by a Philippine compliant company.The Siana min
5、e development comprises an open pit operation,followed by an underground mine,and with ore treated through a conventional modern gravity and carbon-in-leach plant to produce gold dor,which is shipped to Metalore in Geneva for refining.A total of US$85.8 million has been invested in the mine,process
6、plant and infrastructure.Commercial production was declared mid-April 2012.The project development was based on a ten year mine life and is expected to deliver a minimum 849,000 ounces of gold production at a cash cost of below US$400 per ounce.An increase to the Mineral Resource,estimated in compli