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The Real Cost of Mining Gold | Kitco CommentaryFeb 4, 2015 . The following table compares the appreciation in share price versus the gold price for seven large gold companies discussed in this musing: .. Examples of IMP include stripping costs, underground development in advance of mining, shaft sinking or deepening, equipment replacement, and new haul.Economies of Scale in Gold Mining - African Development Bankcontinent's gold production. Our analysis shows that the gold mining industry in. Africa exhibits significant economies of scale. In other words, the unit cost of .. 3 An open pit mine is the type of mining where the surface ground is removed in a large pit to extract the mineral, as .. “Equipment size effects on open pit mining.
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