Sentences with phrase «cost gold production»

Together with an enhanced exploration budget of $ 125 - million, the objective of Beyond 20/20 is to maximise the net asset value of our existing mines and projects by continuing to grow low - cost gold production from our growing gold reserves,» Goldcorp president and CEO David Garofalo said in a statement.

Another plus is its all - in cost — the metric takes into account the total cost gold production — of $ 1,212 an ounce.

Not exact matches

In recent years, gold miners have done a poor job delivering shareholder value due to the cost overruns and excessive share dilution that accompanied the rush to put production on stream.

Gold producer Northern Star Resources is calling the past six months a defining period for the company, with a combination of strong growth in production, lower costs and increased free cash flow.

A component of a pre-feasibility study on Gascoyne Resources» Dalgaranga gold project has confirmed a $ 75 million cost to bring it into production.

Local gold miners Resolute Mining, Saracen Mineral Holdings and Ramelius Resources have hit their production targets for FY16 at lower - than - expected costs.

Gold producer Northern Star Resources is calling the past six months a defining period for the company, with a combination of strong growth in production, lower costs and increased free cashflow.

Echo Resources says it will cost just $ 2.9 million to bring its Julius gold project into production, while Empire Resources expects to begin mining at its Penny's Find gold project in the coming three months.

Millennium Minerals has boasted better - than - expected gold production at its Nullagine project, with costs in - line with previous targets.

Perth - based Doray Minerals has confirmed solid growth in gold production and disclosed lower costs in the December quarter, as it moves toward completing its takeover of Mutiny Ggold production and disclosed lower costs in the December quarter, as it moves toward completing its takeover of Mutiny GoldGold.

Gold and nickel producer Independence Group has posted a 264 per cent increase in profit for the six months to December, on the back of increased production from its Jaguar and Tropicana operations and at lower costs.

Shares in local gold miner Millennium Minerals closed 13.7 per cent higher today on news it had increased its projected gold production by 11 per cent while lowering costs.

BI: The price of gold is now below the cost of production for many mines.

Gold is one such asset that's been a good store of value in such times, and gold stocks have tended to outperform the yellow metal as production costs have fallen, according to Seabridge GGold is one such asset that's been a good store of value in such times, and gold stocks have tended to outperform the yellow metal as production costs have fallen, according to Seabridge Ggold stocks have tended to outperform the yellow metal as production costs have fallen, according to Seabridge GoldGold.

The underlying price of gold has stabilized and management is focused on ramping productions and cutting costs.

But for a company that is just making ends meet because their production costs are so close to the gold price, a small rise in the price of their product will make a big difference to their bottom line.

It's reasonable to view part of the weakness in gold stock prices as being the result of spot gold falling close to its marginal production cost (which has gradually escalated over the past 15 years).

While the marginal production cost issue undoubtedly makes the current extreme in the gold / XAU ratio less compelling than it might appear otherwise, we do believe that precious metals shares are quite depressed in valuation terms.

But marginal production cost has historically provided a good support level for spot gold, and we would expect any increase in gold prices to quickly ease earnings concerns for these stocks.

«Lihir is now demonstrably well placed to sustain gold production around 1 million ounces per annum and post lower all - in sustaining costs,» said Shaw and Partners analyst Peter O'Connor in a note on Thursday.

At that point, approximately $ 1,050 / oz, the gold price basically broke through the industry's average corporate cost of gold production.

Gold production and costs for the quarter were in line with expectations, with higher production and lower costs expected in the second half of 2018 driven by the timing of capital expenditures, higher throughput, and improved grades.

A gold miner is valued on production, reserves, cost to extract, etc..

Recent testing and PFS design work have identified opportunities to lower processing costs and increase gold production.

Production cost of sales per gold equivalent ounce is expected to be $ 730 / oz, with AISC forecast to be $ 975 / oz sold on both a gold equivalent and by - product basis.

Gold production has been more or less the same from a year before overall, but Weighted - average all - in sustaining costs, or AISC, were down about 7 % in the June quarter to US$ 845 / oz.

Lundin is targeting gold production of 340 000 oz / y at an average life - of - mine (LoM) cost of $ 553 / oz and an average LoM all - in sustaining cost of $ 623 / oz from the Fruta del Norte project.

«Armed with this new understanding, practitioners will be able to design catalysts using just the necessary amount of the precious metals like gold and platinum, dramatically cutting down the catalyst cost in fuels and chemicals production processes,» she adds.

«Gold Drops Below Cash Cost, Approaches Marginal Production Costs» offers a marginal cost of production just over $ 1Cost, Approaches Marginal Production Costs» offers a marginal cost of production just ovProduction Costs» offers a marginal cost of production just over $ 1cost of production just ovproduction just over $ 1100.

However, the best gold stocks have strong reserves, low production costs and are already producing gold.

So if you plan to invest in this industry, here are some tips The best gold stocks have strong reserves, low production costs and are already producing gold.

These investments typically move in relation to gold prices but are also influenced by production and borrowing costs.

It's reasonable to view part of the weakness in gold stock prices as being the result of spot gold falling close to its marginal production cost (which has gradually escalated over the past 15 years).

But marginal production cost has historically provided a good support level for spot gold, and we would expect any increase in gold prices to quickly ease earnings concerns for these stocks.

While the marginal production cost issue undoubtedly makes the current extreme in the gold / XAU ratio less compelling than it might appear otherwise, we do believe that precious metals shares are quite depressed in valuation terms.

Gold and silver mining companies may also be adversely affected by changing inflation expectations, the availability of alternatives, disruptions in the supply chain, rising production costs, rising regulatory compliance costs, increased environmental regulations, and changes in industrial, government and global consumer demand.

If production costs and operating expenses rise, gold mining shares can fall even as the price of gold increases.

In addition, gold today is priced around its average cost and margin cost of production.

For all its disadvantages, commodity money (gold) was at least tethered to reality by a real cost of production.

The applicable gold price is affected by the production cost of the additional gold.

Alamosʼ core focus as a gold producer is to be a leader in growing low - cost production, a leader in financial performance, and a leader in delivering shareholder value.