Yes, but then cost of produce versus total deposit size plays a major role; although cost generally decreases slightly as the deposit increases, as capex is spread across more ounces.
This is an extract from website when searching for australian gold mine grades: "...for the companies that report AISC (all-in sustaining costs), the average reported mill head/feed grade was 3.47 g/t (Open Pit (OP) - 1.71 g/t, Underground (UG) – 5.33 g/t, Open Pit and Underground (OP/UG) - 2.35 g/t) which was down on the previous quarter, 3.91 g/t (-11.3%)."
MGV Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held
