28.06.2013 - New WGC gold cost guide should have investors dancing in the streets
The World Gold Councilís (WGC) announcement of a Guidance Note on ďall-in sustaining costsĒ and ďall-in costsĒ metrics, should have investors dancing in the streets. Its unlikely to happen because gold miners arenít renowned for public displays of dancing - especially with markets as depressed as they are, but it is a cause for celebration. Admittedly it is not a binding measure, but it is a definite move toward greater clarity on the issue of gold mine cost reporting, something Mineweb has been clamouring for, for a long time...............................................Full Article: Source
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