Costs are going up across the sector though, This is being noticed at NST. NST are trying to improve the tonnes mined at most sites, it can be as simple as changing a pump. simple upgrades to the crusher circuit and milling circuits.
i know jundee is looking at adding $25mil to revenues per year, we are noticing increased prices in everything so hopefully that covers most of the increased costs.
i think gold will almost certainly rise to combat this, maybe not straight away but it will eventually.
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