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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (165317)	11/21/2020 9:14:34 PM
From: TobagoJack	Respond to of 219724

Re <<do you an idea how much it cost to extract gold from mines on average?>> Difficult to say for each mine is different, and every vein of same mine not the same. - above ground mining (overburden removal, oxide vs sulphide ore) vs underground toiling (sulphide vs 'free' gold, depth, water, etc etc) - free gold can be extracted by a gravity circuit as opposed to more complicated processes - narrow vs wide vein - grade of reserve (grams per ton of rocks) - hardness of rocks - distance from mine to processing - labour rates - govt takes - etc etc However, assuming the rocks were crushed long ago, and gold mostly removed way back when using much 'cheaper' inputs (electricity, labor), leaving behind then useless but now valuable tailings that ought to be vacuum-pumped from the tailings dam into the processing plant for environmental remediation reprocessing, then the cost is Rand 459,868 / kg (~US$ 964 / troy ounce) of gold (guessing the grade of the tailing processed .2 - .3 gm per ton of tails) drdgold.com drdgold.com