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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2229947, member: 71510&quot;]Every country has different costs associated with mining.&nbsp; Some countries have cheaper labor, insurance and safety requirements, security, fuel, machinery and regulatory compliance.&nbsp; In the USA and probably Canada, there are huge environmental concerns about mining - in fact it&#039;s the environmental concerns that all but shut down the gold rush here in Ka-lee-forn-ee.&nbsp; There used to be massive hydraulic mining setups all across the sierras.</p><p><br /></p><p>One thing is a constant...&nbsp; The deeper they dig, the higher the cost per unit of material processed.&nbsp; It&#039;s easy to pick up gold off the ground.&nbsp; It&#039;s much more expensive to tunnel deep into a mountain side.</p><p><br /></p><p>The other part of the equation is the amount of refined ore per ton of material processed.&nbsp; If you are going deeper into the mountain and the yield is decreasing, you are going to go negative at some point.</p><p><br /></p><p>Except for things like civil unrest, I don&#039;t think you should lump an entire country&#039;s mines into one bucket.[/QUOTE]</p><p><br /></p>

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