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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (1692)	7/23/2001 4:27:44 PM
From: goldsheet	Read Replies (1) \| Respond to of 4051

Here's the type of mine that you must "love" Cash costs are $239, total costs are $260, and ore grade is a whopping 1.1gpt but thanks to hedging they are getting $297 for the gold. The economics make sense to them, so they were happy to produce 38% more gold than the same quarter last year. Troilus ------------------------------------------------------------------------- (100 per cent of production) Second Quarter Six Months ------------------------------------------------------------------------- 2001 2000 2001 2000 ------------------------------------------ Ore milled (000's of tonnes) 1,334 1,245 2,638 2,521 Strip ratio 1.8 3.9 1.8 3.3 Grade (grams per tonne) 1.1 0.8 1.0 1.0 Recoveries 83% 83% 83% 84% Gold production (ounces) 37,700 27,200 72,700 64,900 Gold price (U.S.$/ounce) U.S.$297 U.S.$313 U.S.$293 U.S.$314 Cash costs (per ounce/gold) U.S.$239 U.S.$294 U.S.$242 U.S.$256 Total costs (per ounce/gold) U.S.$260 U.S.$311 U.S.$263 U.S.$270 ------------------------------------------------------------------------- REF: biz.yahoo.com