minesite news, page-3

with the pog rising and tipped to hit $1,000 the prudent thing is to prove up Oz and once they have over 2 mil Oz they will be snapped up by one of the majors.
it will take too long to build a new mine from scratch, and the demand for gold production will likely hit a frenzy in the next couple of years.
l think they are on the right track and sitting on a long term winner whichever way it goes.
there have been good rains in the region, but the power availability will be an ongoing issue and likely they will need to factor in a new power plant.