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Monday, 16 July 2018

Gold Miners In Danger Zone Again? AISC Numbers Far From Accurate?


Jason Burack of Wall St for Main St made a short video using Barrick Gold as a case study how gold miners are back in the danger zone again after this continued correction in gold prices. 

Jason talks about how while the relatively new all in sustaining cost metric (AISC) is far more accurate than cash cost that the ASIC metric is still not completely accurate at reporting the reality of production costs for primary gold and primary silver miners.