A big fall in gold output will come from mine closures
By GCRU Gold News on Wednesday, August 5 2015, 13:46 - Permalink
Taking All-in Sustaining Costs (AISC) figures, precious metals consultancy Metals Focus reckons that just short of a quarter of global new mined gold output is running at a loss at an $1100/ounce gold price, and falls below that level will add to this quite sharply.