-->aus dem"mineweb.net":

"On Thursday last week, the dollar gold price reached its lowest point in more than a year at R80,794/kg, which is 4 percent lower than the average gold price of R84,877/kg during the January quarter. That is not a pretty picture, but a glance at the longer-term trend is even more disturbing; while the dollar gold price has more or less retained its upward trajectory, the rand gold price remains moribund in a range between R81,000/kg and R85,000/kg. Those levels are well below what much of the industry needs to stay in business.

And that may not get better anytime soon. Based on the past 18 months, the concept of a weak rand and a strong dollar gold price happening simultaneously is an alien one."

(...)

"At the end of the March quarter, cash cost analysis show DRD and Harmony’s local operations to be underwater at the current rand gold price, while Gold Fields at R76,087/kg is making a paper-thin margin. Harmony showed cash costs of R82,852/kg and DRD, which has recently started mining only the highest grade areas of its local operations to boost margins, had cash costs of R81,398/kg locally. DRD has been rescued, however, by its Papua New Guinea operations, which turned in costs of an equivalent R45,400/kg, bringing the group-wide average to around R70,000/kg."

(...)

"In the meantime, though, Harmony, along with all its South African peers, will have its hands full in trying to staunch the bleeding at its local operations. That task will be all the more testing given the increasingly-hostile reception that cost cutting efforts are being greeted with by local unions. Whatever the solution is, it will not be cheap or painless."

Gruß

Nachfrager


<ul> ~ Hier geht's zum Artikel</ul>

-->werden und Gold wird wieder steigen.... Mineweb waren schon immer extreme Pessimisten nach dem Motto Lerne Klagen ohne zu Leiden