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C1 cash cost per pound of copper produced net of by product credits for 4Q20 decreased 31 to US$1 43 when compared to 4Q19 The decrease in cost per pound in 4Q20 was the result of increased production and higher by product credits driven by higher gold and silver prices and increased gold and silver production as compared to 4Q19.Gold can be present both on the Earth’s surface and below it blended with other metals like copper silver and lead The place where the gold is found determines what sort of mining process is used to extract it – and what costs it requires Now let’s take a brief look at some processes involved in gold mining operations.
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