Mining Costs for Gold and Silver

Some folks have studied this issue and reasonably well. The most recent costs according to them for mining Gold and Silver should be around $ 1,200.00 and $ 19.00 respectively. Add costs of producing a new mine and Silver costs could well be around $ 29.00. A lot of variables but the easiest to ebstract will cost less of course, but the more difficult at much more of a cost.

Another factor is Taxes, if there is a need to tax more well then we know what that will do to mining costs.