Low cost operating gold mineThe Pierina Gold/Silver Mine produced 152,000 ounces of silver last year at a cost of $852/ounce. This means that the once lowest cost gold mine in the world, has become one of the highest cost gold mines in the world. Major mining companies have operating gold mines with total cash cost of gold ranging from.low cost operating gold mine,Can You Guess Which Gold Miner Has the Lowest All-in Sustaining .May 22, 2016 . Mining stocks have had such an incredible run this year thanks to the combination of rising underlying commodity prices and shrinking operating costs. Higher gold and silver prices have been fueled by a number of factors. Economic uncertainty is often a reason why investors flock to metals, and with U.S..World's lowest-cost gold producer eyes even more cuts - CNBCJun 17, 2016 . A dredging boat excavates rock on a river during placer gold mining operations at the Lenzoloto OJSC plant, a unit of Polyus Gold International. "The first quarter of 2016 showed a further cost reduction of 10 percent, supported by the ruble devaluation and our cost-cutting initiatives," he told CNBC on the.
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