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Production cost woes: CME

THE Australian gold sector needs to find a way to rein in rising production costs, which for some miners are reaching $US1200 per ounce, according to the Chamber of Minerals and Energy of Western Australia.

MiningNews.Net
Production cost woes: CME

Speaking at the Paydirt 2012 Gold Conference, CME director Damian Callachor said hitting a cost profile of $1200/oz was disappointing. He said the major contributions to those costs included labour,...

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