KMC kalgoorlie mining company ltd

kmc - current cost per ounce ?

  1. 259 Posts.
    Hi HCs,

    I know this is the million dollar question but interested to hear what people think the current cost per oz is ?

    cost per ounce to include mining, haulage, barrick processing, admin expenses, the lot.

    admin costs are fixed.
    mining, haulage and processing costs which presumably are $X/tonne of ore mined, hauled or processed all come down per oz with higher grade ore mined (correct me if this is wrong)

    anyway i am getting pretty nervous with this one cause i hope like hell that the cost per oz is not north of 1500 AUD/oz cause if POG dips then we have a loss making venture on our hands.

    also what price do kmc get for the gold, since it is in concentrate form and not pure gold?

    interested to hear comments, particular bandwagon, stove, well, jbmurc, plough and anyone else who wants to throw out a figure?

    thanks






 
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