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5.1¢ millennium minerals limited

Ok well Aurelia Metals all-in cost was $A316 per ounce versus an...

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20103030

2,115 Posts.

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07/02/19

20:15

Post #: 37368750
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Originally posted by McK: ↑

Hi 201

No AISC of $A1200 oz is below average.

The worlds largest gold miner Newmont’s AISC was around $A1300 in 2018. While Australia’s largest miner Newcrest 2018 AISC was just under A$1200. Most smaller gold miners have much higher AISCs.

According to a Mining.com article written in April 2018 average global AISCs were $1337 per oz in the 3rd qtr of 2017 - which means that Moy’s expected AISC of btn $1300 to $1375 in 2018 is average.

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Ok well Aurelia Metals all-in cost was $A316 per ounce versus an achieved gold price of $A1697 an ounce!?!

MOY Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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