By SD Contributor SRSrocco:

As I stated in the title… the Mining Industry is always one step behind.  Now that they are COMING CLEAN with CASH COSTS… they still haven’t mentioned the upcoming ENERGY CRISIS.

MUM’S THE WORD….

Of course we will hear about the negative implications of the future energy crisis as it impacts the mining industry…. AFTER, and I did say…A-F-T-E-R the ramifications are already felt.

1 oz Gold Buffalo As Low As $74.99 Over Spot at SDBullion.com!!!

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The end of gold cash costs as we know them?

Author: Geoff Candy
Posted: Wednesday , 23 Jan 2013

GRONINGEN (MINEWEB) -

2012 did not bring with it the end of the world, as was predicted, but if recent announcements by major gold companies are to be believed, it could be, to paraphrase R.E.M., the end of the world as we know it for the major gold miners.

And, many investors are applauding.

During 2012, calls for a change to the status quo from both miners and investors alike grew louder. No longer was growth at all costs an acceptable strategy. No longer were languishing share prices to be tolerated

…According to Aldis there is still a lot of work that needs to be done before investors will have a single number with which to understand the cost dynamics at play but, if the comments of these companies and the World Gold council are to be believed, then this work is now underway. But, it remains a step in the right direction.

LINK HERE: http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=174296&sn=Detail

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As I stated in the title of my post… the Mining Industry is always one step behind.  Now that they are COMING CLEAN with CASH COSTS… they still haven’t mentioned the upcoming ENERGY CRISIS.

MUM’S THE WORD….

Of course we will hear about the negative implications of the future energy crisis as it impacts the mining industry…. AFTER, and I did say…A-F-T-E-R the ramifications are already felt.

Mark my Words…

SD Bullion

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