That is right and the spoils go to those who are efficient and low cost producers.
So, this needs to be looked at.
I think that NCM will fall into that category soon.
Both S Africa and Australia will have problems. I don't think Canada, a well run country with massive resources, will have.
SG, China will keep all its gold and will need more.
Gerry
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- **aussie gold producers to go bust?**
That is right and the spoils go to those who are efficient and...
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Glen Diemar, MD
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