IDC holders would be interested in the following paragraph from...

IDC holders would be interested in the following paragraph from the PURE SPECULATION weekly column by ROBIN BROMBY which is in the AUSTRALIAN every Monday. This is taken from the 23 June 2014.

"While gold bugs celebrated, there was some sobering news from Virginia-based resources analyst SNL Metals and Mining.
Over the past 10 years, the cost of building a mine has blown out from $US560 an ounce of gold production capacity in 2004 to more than $US2300 in 2013. This was based on a study of 192 mines with minimum output of 50,000 ounces commissioned over that period."