CXO 5.00% 10.5¢ core lithium ltd

Ann: Drilling Confirms Gold Mineralisation at Bynoe Gold Project, page-58

  1. 8,751 Posts.
    lightbulb Created with Sketch. 782
    Australia’s gold mines by production, grades and costs... Part 1

    Grades

    Grade wise, for the companies that report AISC, the average reported mill head/feed grade was 3.47 g/t (Open Pit (OP) - 1.71 g/t, Underground (UG) – 5.33 g/t, Open Pit and Underground (OP/UG) - 2.35 g/t) which was down on the previous quarter, 3.91 g/t (-11.3%).

    Kirkland Lake’s Fosterville mine again took out the honour as the operation with the highest average feed grade with 29.00 g/t, followed by St Barbara’s (ASX:SBM) Gwalia mine 11.50 g/t.

    The lowest grade mine was Evolution’s Ernest Henry processing an average head grade of 0.56 g/t.

    https://finfeed.com/investor-101/australias-gold-mines-by-production-grades-and-costs-part-1/

    Stock head also has an article:
    When it comes to gold deposits, grade is NOT king

    In the June quarter this year, Evolution Mining’s (ASX:EVN) share of the Ernest Henry operations was the lowest cost producer, reporting an AISC of $-644/oz followed by Newcrest Mining’s (ASX:NCM) Cadia Valley operations with an AISC of $174/oz.
    Both these operations boast average gold grades of less than 1g/t.

    And yes, you read that right — negative $644/oz. That’s because both these operations benefit from significant base metal by-products.

    https://unauthorised investment advice/resources/when-it-comes-to-gold-deposits-grade-is-not-king/
    Last edited by retiredyoung: 17/02/21
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $224.3M
Open High Low Value Volume
9.8¢ 10.8¢ 9.6¢ $1.222M 11.93M

Buyers (Bids)

No. Vol. Price($)
50 3180868 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 1951653 28
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.