While the gold mining industry reports energy as only 15-20% of its total production costs, the total amount is much higher. The market underestimates the amount of energy consumed by the gold mining industry because of the way it is listed in their financial statements…
Related Articles
Energy, EROI, Precious Metals, Silver Members
IMPORTANT UPDATE: For Silver & Gold Members
Energy, EROI, Mining, News, Precious Metals, Silver Members
THE GREAT GOLD SUPPLY DISCONNECT: Market Severely Undervalues Price
Economy, Energy, News, Precious Metals, Silver Members
World Debt Is Rising Nearly Three Times As Fast As Total Global Wealth
Economy, Mining, News, Precious Metals, Silver Members