Anna
The expenses are certainly in the country of mining but they are paid for out of revenue earned in whichever currency the gold is sold - probably $US.
The key question is not therefore the value of the currency in the country of mining but its relativity to the currency of the income.
No?
Regards
- Forums
- General
- Gold breaks through $323
Gold breaks through $323, page-4
Featured News
Featured News
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online