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Gold Miners Invest In Operations As Profit Margins

2020626ensp0183enspi if the same mining company's fixed cost of mining is 500 pounds and the gold price is 1500 pounds per ounce, the gold miner's profit is 1000 pounds per ounce. As the gold price rises, the gold miners' profit margin is also increasing. However, even if the gold falls, the miner can still make a profit because of the low fixed cost of mining

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