SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (29235)3/1/1999 12:05:00 PM
From: lorne  Read Replies (2) | Respond to of 116762
 
Hi Double D. When I read these kinds of statements.
>>>The AME report, which covers 172 mines accounting for 70 per cent of Western production, says world cash costs have fallen from $US232 an ounce in 1997 to $US193 last year. <<<
I wonder where they are cutting costs---Cutting back on manpower,
mining only hi grade, closing shaft mines, mining only open pit operations and is their cost cutting reducing production??
Lorne