These are concerning. - The Company’s cash cost per ounce was $662, compared to a cash cost per ounce during the same prior year period of $441. This increase is attributed to a planned lower grade ore being extracted year over year (see San Francisco Gold Project - Operations Review section below); additional replacement parts being installed to prepare for the upcoming crusher expansions; additional cyanide used in the heap leach process; added security presence at the Mine; and, the industry wide increases in key mining consumables prices due to global supply constraints and labour cost increases due to the demand for mining professionals.
Anyone have any view on what this will mean going forward. The lower ore grade sounds cocerning. Does this mean production will just keep climbing from here on in?