WWI 5.88% 1.6¢ west wits mining limited

Sensitivity Analysis Production WWI, page-265

  1. 177 Posts.
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    Okay, so I checked out the release that campesinos quoted. It seems that the Mponeng mine is 4km deep at this point which I guess accounts for the higher cost. At surface, it seems that AISC is closer to 1000USD. From the same report

    "At the West Wits surface operations, gold production was lower year-on-year during the first half of 2020 mainly due to the COVID-19 lockdown from the end of March 2020 until mid April combined with relining of mills at the Kopanang plant. The operations’ recovered grade was lower as a result of lower grade material being processed and lower plant efficiency. During the second quarter of 2020, Surface Operations produced 33,000oz at a total cash cost per ounce of $1,031/oz, compared to 40,000oz at a total cash cost per ounce of $1,062/oz in the corresponding period in 2019."

    https://thevault.exchange/?get_group_doc=143/1596772992-Interim2020Resultsreport.pdf
 
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