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Gold/Mining/Energy : ECHARTERS

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To: E. Charters who wrote (2097)12/30/1997 5:40:00 PM
From: Al Cern  Read Replies (2) of 3744
 
E. Charters,

Could you briefly explain what the major variables are that affect the cost of producing gold in a mill. I ask this question becuase I was comparing Miramar with BYG, both milling ores at about the same grade, yet Miramar's cash cost is substantially higher. BYG is milling free milling ores right now, whereas Miramar is processing a combination. Do the costs of electricity play a large part in the costs?

Sincerely,

Al Cern
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