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NYBob

01/15/11 10:58 PM

#487 RE: mick #486

mick the cost to mine gold assets? Ex. the Kemess South Gold and Copper Mine -



The Kemess South Gold & Copper Mine -
posted solid fourth quarter production of 25,087 ounces of gold and
10.6 million pounds of copper,
bringing total production for all of 2010 to 100,789 ounces
of gold and 40.7 million pounds of copper.

The net cash costs for the fourth quarter and full year 2010
were $133 and $370 per ounce, respectively, which was slightly
higher than forecast due to lower than forecast copper
production in the fourth quarter of the year.


Northgate Minerals Reports 2010 Gold Production of 272,712 Ounces

Gold Sales of 70,145 Ounces in Q4 -

the cost for the Australian gold mines Au was higher but
still at a good profit ;-)

http://www.northgateminerals.com/news-and-media/press-releases/press-releases-details/2011/Northgate-Minerals-Reports-2010-Gold-Production-of-272712-Ounces1123842/default.aspx

God Bless