Cost of mining gold in WA

Discussion in 'Gold' started by Maxwell, Nov 27, 2013.

  1. Maxwell

    Maxwell New Member

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    I heard on WA regional radio this morning, a new miner in WA mining at a cost of $880 per ounce, one of the cheapest in the game.

    And found this http://beta.fool.com/ruperthargreav...e-low-gold-price-start-affecting-miner/38425/

    sounds like there's still good money to be made on a good deposit, with a smart operator.
     
    Maxwell, Nov 27, 2013
    #1
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    What happens when gold goes to $12,000 an ounce?
     
    Old Codger, Nov 27, 2013
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  3. whinfell

    whinfell Well-Known Member Silver Stacker

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    We'll all be rich!!! :lol: :lol: :lol:
     
    whinfell, Nov 27, 2013
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  4. alor

    alor Well-Known Member Silver Stacker

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    nothing, you just get paid more fiat
     
    alor, Nov 27, 2013
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  5. Old Codger

    Old Codger Active Member Silver Stacker

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    I had visions of gold rushes all over Victoria!

    Gold detectors by the 1000s.



    OC
     
    Old Codger, Nov 27, 2013
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