GOLD gold futures
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greed the problem for miners, page-11

  1. asad89
    85 Posts.
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    13/12/13
    10:42
    Post #: 12696932
    If the grades are indeed lower, trimming the workforce from 1200 to 900 would result in lower gold production, an a possible loss of efficiency due to reduced economies of scale- this could actually increase their cost of production per ounce.
    Value at posting: $0.00
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