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The cost of producing gold is highly variable depending on the mining method and the type of gold deposit. Some gold is found as free gold in rivers, for example, which means that it can be obtained for almost nothing. At the other extreme, there is gold that is locked up in the surrounding rock, at depth, where it has to be mined in a very costly, labour intensive, energy intensive way. It may be difficult to refine and in addition licences and royalties come into the equation. The crux of the matter is whether the production costs are more than the price of gold, in which case it is not feasible to mine it.
What else can I help you with?
What is the energy cost of producing gold from minerals?
No one answer. It would depend on the gold content of the mineral. The higher the gold content, the lower the energy cost. The deeper the mine, the higher the cost.
If the total cost of producing 300 leather jackets is $400 and the total cost of producing 301 leather jacket's is $435 what is the marginal cost of production at 300 leather jackets?
The marginal cost of production at 300 leather jackets is calculated by finding the difference in total cost when producing one additional unit. In this case, the total cost of producing 301 jackets is $435, and the cost of producing 300 jackets is $400. Therefore, the marginal cost is $435 - $400 = $35. Thus, the marginal cost of producing the 301st leather jacket is $35.
If the fixed cost of producing seven video games is 14 and the variable cost of producing seven video games is 12 how much is the total cost of producing seven video games?
$26
Which European countries are noted for producing cork products?
gold gold gold
When does it cost too much to produce food?
When the total cost of producing the food exceeds - or is even equal to - the cost of producing it, it costs too much to produce it.
What is sum of production cost?
The total cost of producing a widget.
What is the energy cost of gold?
The energy cost of gold is 88,184,905
What is the cost of gold mining?
The energy cost of gold is 88,184,905
Which continent has the most gold?
Africa has the largest gold reserves, with South Africa being one of the world's top gold-producing countries. Other notable gold-producing countries in Africa include Ghana, Mali, and Tanzania.
Which is the top gold producing country?
South Africa
What is the largest gold producing country?
The largest gold producing country in the world is Soth Africa. It is also the largest diamond producing country in the world. It mines more than 100 kg of gold per day. China is largest gold producing country - 403t in 2012.
Which gold mining companies will soon start producing gold?
Several in Sierra Madre, in Mexico
