Plenty of misinformation in that video , ie stated at around 4 minutes that Kalgoorlie mine , in WA mines at over 7 grams a tonne , well the open pit there at KCGM has a reserve of around 1.5 grams a tonne in reality .
macraes is a relatively high grade open cut mine if it is mining at 2.5 grams a tonne if the boy is correct .
Also the 3% GDP figure used for Macraes has been instantly increased by a factor of 10 according to the boy
NZ GDP is around $US250B that mine does not make 3% of that be lucky to make $300M in Revenue so maybe 0.1% of total GDP not 3% !
As for the glinting gold particles LOL that is pyrite , boys on site would have had a good laugh at the new boy posting that !
Ann: Outstanding Economics - RAS Scoping Study (First 10 Years), page-17
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