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What is the average cost to get gold out of the ground?

The cost of extracting gold from the ground can vary widely depending on several factors such as the location of the mine, the method of extraction, and the scale of the operation. On average, the "all-in sustaining cost" (AISC), which includes direct mining costs and additional expenses to sustain current production levels, typically ranges from $800 to $1,200 per ounce of gold, though this can vary. For more precise and up-to-date information, it’s best to consult industry reports or financial statements from specific gold mining companies.

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