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The 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 500 ounce to 600 ounce in 2012
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Mine cost drivers Boliden Roughly ten times lower in cost per ton compared to under ground mining Slope stability Crusher Workshop Mill Railway terminal Conveyor belts The Aitik Mine 2010 36 million Leaching process is used solely to recover the gold silver content that not reports to Communition industry average cost distribution
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