Gold, operational costs drag down South Africa's December ...

South Africa's mining production decreased by 1.6% year-on-year in 2018, following a 3.9% year-on-year increase in 2017 and a decrease of 3.7% year-on-year in 2016, Statistics South Africa ...

World's lowest-cost gold producer eyes even more cuts - CNBC

The head of the world's lowest-cost gold producer, Polyus Gold, told CNBC that the miner is looking to cut even more production costs this year. Pavel Grachev, chief executive of Polyus Gold, the ...

The 10 Biggest Platinum Producers 2014 - The Balance

The 10 Biggest Platinum Producers 2014 The world's largest platinum refiners . Share Flip Pin ... The Brazilian iron ore giant Vale extracts platinum and palladium, as well as gold, ... platinum production from the mine increased an additional 25 percent in 2014, from 145,000 ounces to 182,000 ounces. ...

Is Gold Pricey Relative To Platinum? - CME Group

Declining platinum mining production, much of which is underwater in terms of cost, could create spikes in the value of platinum relative to gold. In stark contrast to platinum, gold is seeing rising mining production, and has a highly diversified supply base.

Top 10 lowest cost gold mines make money if price falls 50 ...

MINING.com's sister company IntelligenceMine looked at costs at 140 primary gold mines and found 10 operations that would still make money even if gold halves in value from today's levels.

What Is The Current Cost To Produce An Ounce Of Silver ...

But that could change. According to the Silver Institute, global silver production declined in 2016 and should again in 2017. For years now, investment experts and silver bugs warned the public that silver costs too much to mine and that the lack of mining profitability would mean much higher future prices.

Operating Costs of Gold Processing Plant

Operating Costs of Gold Processing Plant ... The EXAMPLE Gold Mine Operating Manual has been prepared to provide a practical reference for operators in the EXAMPLE Gold Mines Processing Plant. This manual contains basic information about the process and equipment used in the process. Each unit is identified by name and equipment number.

The true cost of producing an ounce of gold | Provident

This means that finding and mining gold can be a very costly endeavor. But just how much does it cost to produce an ounce of gold? It's very difficult to determine exact numbers, but mining companies have methods of estimating production costs. Mining costs …

Platinum: The Rich Man's Gold | Gold Eagle

(1) The annual supply of platinum is only about 130 tons - which is equivalent to only 6% (by weight) of the total Western World's annual mine production of gold - and less than one percent of silver's yearly mine production.

Platinum production costs by world region 2016 | Statistic

About Statista → First Steps and Help Centre → ... Mine production of platinum in the United States from 2008 to 2016 (in kilograms) ... Mining costs of Agnico-Eagle Mines per ounce of gold ...

All-In Sustaining Costs vs Total Cash Costs (AISC vs TCC)

Reconciling AISC to Mineral Project Valuations Since establishing formal guidelines in 2013, the World Gold Council's (WGC) All-In Sustaining Cost (AISC) has been an important metric for comparing costs per payable metal unit sold for gold mining companies.

Under the Microscope: The True Costs of Gold Production

In part two of a series on bitcoin's sustainability, Hass McCook looks at the true costs of gold mining. Blockchain 101. ... The True Costs of Gold Production. Hass McCook. Jun 28, 2014 at 11:00 UTC.

What is the best source to find the production costs of ...

What is the best source to find the production costs of precious metals, e.g. platinum, gold, and silver? Also, what's the source for other commodities' production costs? ... The best source of production cost of anything is the producer of that thing. ... Extraction and refining costs will vary by mine site, heavily weighted by metal content ...

Gold Mining Costs "Led by Prices", Not the Reverse | Gold News

The accounting methodology behind "all in sustaining costs" – agreed and applied by the World Gold Council's gold-mining members in mid-2013 – includes new exploration, capital expenditure and corporate running costs, as well as the direct production cost of each ounce.

Production Silver | Production Cost of Silver - APMEX

The World Gold Council forecasts for 2016, according to Gold mining byproduct standards, label production costs of Silver at $12-$13 per oz. World Silver Production A fact that is often overlooked is the fact that mine types are not derived from tonnage, but rather by the greatest revenue source.

The Cost Of Producing An Ounce Of Gold | American Bullion

There, all-in gold production costs can be more than twice as much as in Peru, which is the least expensive place to mine gold. According to the Thomson Reuters GFMS Gold Mine Economics Service, average all-in costs for South Africa were over $1,400 between 2005 and 2013.

Overview of Mining Costs - Gold Convention

Overview of Mining Costs 24 August 2012 30 Broad Street, 37 th Floor New York, NY 10004 ... In the case of some metals, like platinum, depth of mining is rising as ... Gold Mine Production and the Margin between the Gold Price and Cash Costs 0 8 16 24 32 0 100 200 300 400

Platinum mining costs are likely to drive the long-term ...

Platinum mining costs are likely to drive the long-term price moderately higher. ... If they start cutting production, platinum prices would be unlikely to fall further, even if some of the market's worst fears about the eurozone crisis are realised. 25 Jul 2012, $1396.

Gold: New Projects To Drive Steady Production Growth

The global gold mining industry will experience steady production growth, supported by rising prices and improving operational costs over the coming years. Global gold mine output growth will pick up over the coming quarters, supported by higher gold prices and solid project pipelines in key countries.

Platinum Prices | Platinum Price Chart History | Price of ...

What is the cost of Platinum price per gram and per kilo? ... When looking at Gold and Platinum prices today, how do I decide what is the best investment? ... The Platinum-Palladium prices ratio could also be off because supply for one has become scarcer due to mining issues or production…

THE PRIMARY PRODUCTION OF PLATINUM GROUP METALS …

Primary production at Impala Platinum mine in South Africa. IMAGE CREDIT: Mining Operations, Implats. For example, in South Africa, PGM-bearing ores generally ... with the high production costs of PGMs, this results in highly economical and responsible usage. Primary and secondary production

Is It Time To Buy Platinum? | Seeking Alpha

Platinum is the worst-performing precious metal in the complex and has been down four of the last five years.At current prices, mine production is unsustainable and as we approach platinum's cash cost

Mining Costs Are Up for Platinum - Barron's

The world's second-largest platinum-mining company said its output will decline to 1.7 million ounces in 2012, from 1.836 million for the year-ending June 30. Impala cited higher-production costs ...

Gold Crashes Through Production Cost Levels - CNBC

Gold Crashes Through Production Cost Levels . Rajeshni Naidu-Ghelani. Published 2:19 AM ET Fri, ... So we've had quite a few gold mines close in Australia," Su said on Friday. "We've had some ...