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Capital Cost For Gold Mining

If we assume that the price of gold is $1500 an ounce, then our mining company's profit is $500 per ounce. Assuming that the price of gold increases by $20 to $1800, although costs may rise, it is unlikely to rise the same price. Assuming that the price increases by $10 to $1100 per ounce, this will provide a nominal profit of $700

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