Andrew Su, CEO at brokerage Compass Global Markets said the average cost of producing gold in Australia, home to some of the world's biggest gold miners, has jumped from $500 an ounce in 2007 to over $1,000 an ounce this year.
Persons (plural) is a very formal word. We only use it in rather legalistic contexts: [notice in a lift] Any person or persons found in possession of illegal substances will be prosecuted.
person. n. 1) a human being. 2) a corporation treated as having the rights and obligations of a person. Counties and cities can be treated as a person in the same manner as a corporation.