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Beatrix, a Gold Mine owned by Gold Fields Ltd, is located at Welkom in South Africa. Beatrix primarily produces Gold. Gold Mine Production Cost Reports & DatabasesLast year the resources industry has experienced unprecedented rising real-terms costs for the key inputs of skilled and specialist labour, consumables and equipment. This was particularly noticeable in the inflated prices for tyres, mining contractors, cyanide and other reagents. Oil-related consumables, transport costs and steel products also rose strongly. After the financial crisis and recession beginning a radically different economic environment has emerged. High prices for gold in 2008 and 2009 has assisted gold miners to maintain good margins, and contributed mightily to combined copper-gold operations profits. Costs for key inputs may now well decline. Labour costs will ease as the pool of unemployed mining labour begins to expand, fed by redundancies in the non-gold sector. Many skills are transferable from mining in other commodities. What does this mean for 2009 and beyond? The market prices of the by-product commodities (principally lead, zinc, copper, silver and molybdenum) have declined significantly and this will provide an upward lift to cost pressures to counteract any decline in mining costs. Many gold mines are very sensitive to changes in by-product revenues, and if sustained then some mines may become uneconomic even at current gold prices. In the mining industry many future expansions and projects are being deferred, delayed or simply cancelled with no reasonable likelihood of proceeding until firm evidence of demand growth restoration. This is exacerbated by the absence of lending on any real scale, and the collapse of equity markets funding. Gold projects will be affected by this new selectivity, though perhaps not as comprehensively as other commodities. Our Gold Mine Production Cost Report covers the great majority of world production. AME benchmarks gold mines to highlight changes in costs, to enable profitability to be assessed on a mine by mine or company by company basis and to identify opportunities. This study covers 162 gold mines in 31 countries. The mines costed cover 87% of the Western World's estimated gold mine output of 53.3 million ounces. Gold Mine Cash Cost Breakdown We benchmark all major operations to highlight changes, assess profitability and identify opportunities. This research provides:
The database ensures access to accurate and timely information for most of the worlds operations. Our analysts conduct thorough examinations of well-sourced data to provide valuable answers, saving you time and effort. Specifically, our work is based on detailed analysis of flow sheets, exhaustive company research, and ongoing revisions supplemented by mine visits and technical contact with individual operations.
Gold Methodology - Mine Cost Data SheetsDetails of the costing models generated for each production "mine" (single mine, group of mines or project) are presented. Both past and forecast production and costs are generated for each of the years between 2002 and 2012 in which the mine was or will be active. For reasons of layout, however, the cost data sheets show the results only for 2002, 2004-2008 inclusive, 2010 and 2012. The output comprises five pages per mine:
ConsultingWe are frequently commissioned to provide:
Critical Mass in People and Resources Our structured methodology allows us to rapidly undertake assignments and offer consistently rigorous work. This is possible as we employ a considerable team of engineers, geologists, metallurgists, economists, computer programmers and market experts. For nearly 40 years we have built widespread recognition among major mining companies, banks and trading houses, reflected in our increasing market share. Close Industry Connections Our analysts offer practical intelligence and advice due to years of experience in the mining industry. Consequently, our integrity and credibility is unrivalled when it comes to evaluations of mines, beneficiation projects and end-user plants. A Comprehensive Global View Our technical associations and international contacts allow us to provide you with broad, in-depth and forward-thinking research. We are a leading independent research firm. For nearly 40 years we have served most major corporations active in the metals, mining and energy sectors. The heart of our organisation is based around the talents of industry-experienced engineers, metallurgists, geologists, scientists, software developers, market experts, accountants and mineral economists with decades of experience, intellectual maturity and consulting expertise. We offer
AME DirectAME Direct is a secure and powerful delivery system on your PC. You can automatically search and download just the data needed as opposed to pages of information. AME Direct offers:
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