They still pay big bucks to discover new ounces which aren't counted in the ASIC category which they should be as they are an added cost. And when that cost is added in then the profit margin is nowhere where they would like it to be.
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks
AN1 CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch