TOTAL CASH COSTS definition
TOTAL CASH COSTS means all cash costs incurred and expensed at the minesite, plus treatment charges, shipping and marketing costs, net of by-product credits.
TOTAL CASH COSTS are as defined by the Gold Institute reporting standard, regardless of whether the relevant property primarily produces gold. Beginning with the 2001-2003 Performance Period, by- product credits shall be added back to cash costs to the extent production from such by-product credits is included in equivalent ounce production as determined by the Company. Equivalent ounces produced are determined by taking the Company's equity gold production ounces from the same properties used in determining "Total Cash Costs" and adding to it relevant non-gold production, as determined by the Company, which is converted to gold ounces based upon the relative price of an ounce of gold to the price of a unit of non-gold production as determined by the Company. To the extent a by-product credit is taken in determining "Total Cash Costs," production resulting in such by-product credit shall not be included in arriving at total equity ounces produced. The Cash Cost per Equity Ounce shall be calculated by the Company and approved by the Compensation Committee.
TOTAL CASH COSTS means "The total of the costs described in this Schedule reasonably attributable to Koch'▇ ▇▇▇ect operation of its Cush▇▇▇ ▇▇▇minal."
More Definitions of TOTAL CASH COSTS
TOTAL CASH COSTS has the meaning ascribed thereto in Schedule A.
TOTAL CASH COSTS means cash operating costs plus mine royalty costs incurred.