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## Directors’ Report 

Environmental programs conducted during the year included: 

• Continued focus on site waste management, in particular management and disposal of hydrocarbon products. 

• In addition to statutory monitoring requirements, regular self-audits were conducted throughout the year to monitor progress and to identify areas which required further management focus. 

• Progressive rehabilitation earthworks were completed on most recently mined areas, with further work conducted on historical mining areas. 

## Rehabilitation 

Mine site rehabilitation objectives are directed towards ensuring that the physical structures that remain after mine closure do not impose a long term hazard to public safety or the environment and that the mined area achieves the nominated post mining land use. 

During the past year continued signi fi  cant progress was made toward ful fi  lling these rehabilitation objectives. Work was undertaken across a range of sites which included rehabilitation earthworks programs at the three Paddys Flat low grade stockpile sites, making safe historic mine workings, waste dump slope pro fi  ling, capping with topsoil/oxide material and deep ripping in particular at the South Junction site. 

## ROUNDING OF AMOUNTS 

The Company is of a kind referred to in ASIC Class Order 98/100 dated 10 July 1998 and in accordance with that Class Order, amounts in the Financial Report and Directors’ Report have been rounded off to the nearest thousand dollars, unless otherwise stated. 

## AUDITOR 

PricewaterhouseCoopers continues in of fi  ce in accordance with section 327 of the Corporations Act 2001. Signed in accordance with a resolution of the Board of Directors. 

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Dated at Perth this 30th day of September 2004 

