GOLD
Click for more information
0.51% $1,391.7 gold futures

If the grades are indeed lower, trimming the workforce from 1200...

  1. asad89
    85 Posts.
    lightbulb Created with Sketch. 3
    clock Created with Sketch.
    13/12/13
    10:42
    Post #: 12696932
    If the grades are indeed lower, trimming the workforce from 1200 to 900 would result in lower gold production, an a possible loss of efficiency due to reduced economies of scale- this could actually increase their cost of production per ounce.
    Value at posting: $0.00
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

GED Golden Deeps sniffs 80-metre-long copper and zinc sulphide zone at NSW's Havilah
right-arrow Created with Sketch.
STX Strike hits "significant" 28m of net gas pay downhole Australia's deepest ever gas well; extends system east
right-arrow Created with Sketch.
SXG Southern Cross finds large gold-antimony zone underneath historic Victorian mine
right-arrow Created with Sketch.
PV1 Provaris updates on progress with Uniper under hydrogen MOU – not long after interesting ASX response
right-arrow Created with Sketch.
NEWS ASX explains: How 'futures' are predicted
right-arrow Created with Sketch.
TPG ACCC says no issue with TPG Telecom and Optus Mobile sharing regional networks; spectrum
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.