The root problem is a disorganized operation. They deployed driverless mining trucks by Caterpillar, nothing reported about any bottlenecks, then should expand to all area to cut lab or cost to zero. Also, there is no hedging in oil in case of spike. What they really need to concentrate on AISC day in and day out. Figure out the best way to cut it down below $800/oz at any cost. If mines can not do it, get rid of it.
The root problem is a disorganized operation. They deployed driverless mining trucks by Caterpillar, nothing reported about any bottlenecks, then should expand to all area to cut lab or cost to zero. Also, there is no hedging in oil in case of spike. What they really need to concentrate on AISC day in and day out. Figure out the best way to cut it down below $800/oz at any cost. If mines can not do it, get rid of it.
I bet Newmont regrets buying the Aussies.