A lot of gold, 9 million ounces to WWI is a veritable shipload. I have no idea what the extraction costs are and the likely margin. The rand has fallen a long way against the greenback over the past six months, which should help keep a lid on mining costs. With the focus on Dawero, I don't have any expectations that mining will start in SA any time soon however. Anyone know what the plans are here?? Typical WWI update with more questions posed than answered.
A lot of gold, 9 million ounces to WWI is a veritable shipload....
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