No - you're quite right. That's NMC! I'm being totally dyslexic.
To atone, some relevant articles, complete with slightly contradictory info - but the sales costs topping out at $860 an ounce (and gold is currently worth USD794 an ounce) seem widely quoted - as a result of diminishing grade:
http://business.watoday.com.au/business/costs-blowout-at-super-pit-20080725-3l0m.html
http://kalgoorlie.thewest.com.au/Regionals.aspx?MenuID=246&ContentID=87681
http://kalgoorlie.thewest.com.au/Regionals.aspx?MenuID=326&ContentId=89715
http://www.wabusinessnews.com.au/login.php?url=http%3A%2F%2Fwww.wabusinessnews.com.au%2Fen-story%2F1%2F65225%2FNewmont-considers-Super-Pit-sell-off
http://www.businessday.com.au/business/newmont-reviewing-super-pit-options-20080805-3q37.html
I do recall hearing/reading somewhere that Newmont was reconsidering the expansion, but can't find that info. Presumably Newcrest knows nothing about it ;)
- Forums
- Property
- kalgoorlie sales
kalgoorlie sales, page-15
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online