VEC 0.00% 1.2¢ vector resources limited

A excellent update on the Kibali Gold Project in the DRC ,...

  1. 5,172 Posts.
    lightbulb Created with Sketch. 2011
    A excellent update on the Kibali Gold Project in the DRC , Africas largest Gold mine.

    Total cash cost per ounce decreased by 22% to $507/oz, reflecting the benefits from improved grade as well as the lower costs from underground owner mining and power delivery from the newly commissioned Azambi hydropower station.

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    If they can hold that total cash cost of US$507/oz , they are sitting on a nice little earner of around US$10 Billion   not including any of there other leases in and around them !
 
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