interesting opinion
"Sharp increases in mining costs mean gold will need to reach $3,000 an ounce in five years for the industry to stay profitable, World Gold Council chief executive Aram Shishmanian said on Monday.
Miners currently needed a gold price of $1,300 to survive, Shishmanian said, but faced steep rises in mining costs, along with the cost of dividends and host nation taxes."
http://af.reuters.com/article/metalsNews/idAFL1E8GF0AR20120515
gold now $19 less peak price fml got last qtr, page-55
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $50.14M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $22.19K | 132.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28446 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 35235 | 1 |
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| Last trade - 14.56pm 18/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |