"Cost of production per ounce for PRU remains in close proximity to that noted in the Feasibility study that was developed for the Edikan Gold Mine (from what I was told, this week) - That is around $500 per ounce Total Cost of Production."
Thanks for passing this on, Fishhead.
Given that the feasibility findings were released in July 2009 and the industry-wide cost pressures that have happened since then, a total production cost of ~$500/oz would be a remarkable achievement. The feasibility study anticipated cash OPERATING cost of $US 392 (year 1) and $US 494 (over 10 yrs)
http://www.asx.com.au/asxpdf/20090730/pdf/31jt2vwhmmdhd3.pdf
its all going as planned - production , page-2
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