OTCQX:BGMZF - Post by User
Post by
hammer161on Feb 19, 2015 10:43am
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Post# 23443320
All in Sustaining Costs - Presentation and Article
All in Sustaining Costs - Presentation and Article
Despite Wango's assertion that cash costs are a true measure of the costs to produce an ounce of gold, AISC are considered a better measure. I think I may have provided this link before but here is a presentation by Agnico Eagle that explains AISC and shows what they are for several companies. Note that these are for mid tier or larger companies. https://www.denvergold.org/assets/downloads/luncheons/DGG%20May%206%202013.pdf A second link form the Financial post discusses AISC. The conclusion is that it is much better than just cash costs but still may not truly represent full costs. https://business.financialpost.com/2014/03/06/exactly-how-much-does-it-cost-to-produce-an-ounce-of-gold/