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Small Scale Mining Gold Cost

Small Scale Mining Gold Cost

economies of scale in gold mining,shows that the gold mining industry in africa exhibits significant economies of scale. in other words, the unit cost of production falls significantly as mines get larger. jel classification: d24, l72, l250, q31, q380. keywords: cost, gold, mining, scale economies, semi-parametric, technology..small-scale mining for gold has produced long-lasting,about 15% of world gold production is from artisanal and small-scale mining in over 70 countries throughout asia, africa and south america. these operations employ 10 to 19 million workers ..

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