AnnaThe expenses are certainly in the country of mining but they...

  1. 18,561 Posts.
    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
 
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