Lol that is some false logic man. I work at a gold mine and they are currently milling as much HG as possible while the price is so high. Yes LG becomes more profitable but they are not going to "target" LG while price is high as you will be losing money. I think BB was being a bit disingenous here. Costs are increasing because those mines are going deeper and wages are increasing in Kal lately. All IMO of course.
Ann: Half Year Results Summary, page-21
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