This one has been one of my favourites for a couple years, started buying in the $1.40 range. The latest news release says cash costs for the new mine (Didipio in Philippines) under construction for the first six years of mine life are -$79/oz!!! That's right, net of byproducts ($3.00/lb copper credit), the gold comes out of the ground for free plus $79/oz. Annual production from Didipio is 100,000 oz Au and 14,000 oz Cu. According to the company, this is one of the highest grade gold copper porphyries under development in the world today.
Current production from three mines in New Zealand is 260,000 to 280,000 oz Au annually with proven/probable reserves about 3.6 million oz. They are also 100% unhedged.