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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (12510)	6/1/2006 7:18:25 PM
From: E. Charters	Read Replies (1) \| Respond to of 78416

There are some advantages to certain mining overseas, if the crik don't rise and the tribes don't revolt. In general, large mines have a similar capex base and cost per ton. Labour is cheaper, but in large scale operations this is not the main problem. In small gold in Africa I could start a mine for low bucks and mine it at one ton per man per day at a cost of perhaps 35 dollars per ton near to surface. But a deep mine or high tonnage, and complex metallurgy you are up against the same or greater capex cost as Canada or anywhere else. The costs savings overseas are less lead time in some instances and perhaps fewer environmental hold ups. But this is 60-40. In some venues like in LA America, there can be major political hold ups and corruption. 1/2 gram Pt and a 1/2 gram Pd is not that bad for OP. 24.88 US. If it is 150 feet wide, then maybe you can do something at 10,000 tons per day. If you have a friendly smelter somewhere. EC<:-}