well no, these 3 reasons do not explain it.
gold explorers have horizon 10-20 years. And wouldn’t just get rid of some really good projects because of (temporary) low gold price.
Other DRD mines somehow managed to sell their gold not at $300 but at $1000 during that period? Was labor force issue applicable to that specific mine only?
think think think
Ann: WBP's Global MRE Expands 724,000oz to 4.28Moz at 4.58g/t Au, page-42
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