Today's Gold prices are not much above production costs
By GCRU Gold News on Monday, August 21 2017, 00:38 - Permalink
The chart below shows the global cost curve for gold mining — in terms of all-in costs. That includes operating costs, sustaining capital at mines, and development costs to bring new ounces of production online.
Today's Gold prices are not much above production costs
Cash costs for global gold mining average around $600 per ounce