Major Gold Miners' AISC, page-6

  1. 1,044 Posts.
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    Those all in costs are a bit dated now. We know the majors have been cutting to the bone to get those cost down the last 2 years. Try telling the shale oil companies that the price can't fall below the average production cost. It can. We are going to see survival of the fittest and mergers just like in the oil market. We are somewhat protected by the falling AUD here. Our miners are still oversold if you take a longer term view. The tide will turn by year end in my opinion and sentiment in this sector will pick up.
 
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