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the cost of producing an ounce of gold american bullion. in the 1990s, mining companies picked up the habit of reporting cash costs on their financial statements this is a non gaap and non ifrs measure that combines the costs of mining gold and the costs of complying, bringing gold to market, and selling it however, cash costs ignore the expenses associated with sustaining capital equipment
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mining mining: when any ore body lies a considerable distance below the surface, the amount of waste that has to be removed in order to uncover the ore through surface mining becomes prohibitive, and underground techniques must be considered. counting against underground mining are the costs, which, for each ton of material mined, are much higher underground than on the
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