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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

4:00 PM EST

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To: TobagoJack who wrote (92685)	7/21/2012 10:09:50 AM
From: Amark$p	Read Replies (1) of 217764

In general, cash costs are much less for oxide gold ore than sulfide gold ore. Believe most of the added cash cost for sulfide ore is related to ore processing/extracting the gold out of rock. Sulfide rock traps the gold particles more than oxide and thus sulfide rock has to undergo additional processes to get the gold out of the rock. When a gold miner has both oxide and sulfide ores, they generally produce the oxide first, because of lower cash costs and capex. In general, there is lower recovery rate with sulfide ore and a tradeoff between added capex and recovery rate.

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