Sentences with phrase «expected gold production»
Millennium Minerals has boasted better - than - expected gold production at its Nullagine project, with costs in - line with previous targets.
https://www.businessnews.com.au/ Not exact matches
Local gold miners Resolute Mining, Saracen Mineral Holdings and Ramelius Resources have hit their production targets for FY16 at lower - than - expected costs.
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.
Gold companies Doray Minerals, Ramelius Resources and Saracen Mineral Holdings have posted better - than - expected production results for the December quarter, with the precious metal miners bullish on the next six months.
Gold producer Northern Star Resources said today it expects to lift 2015 production to 600,000 ounces, at the top end of its guidance range, after it more than doubled the resource at its Pegasus deposit at the Kundana mine.
In June, the company announced the startup of the Efemcukuru Gold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full productGold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full productgold per year when it hits full production.
For its 2018 projections, Franco - Nevada expects attributable royalty and stream production to total 460,000 to 490,000 GEOs (gold equivalent ounces) from its mineral assets and revenue of over $ 50 million from its growing oil and gas assets.
The Silver Institute reported in May that global silver mine production in 2016 declined for the first time in 14 years on lower - than - expected output from lead, zinc and gold projects.
With gold now trading above $ 1,340 an ounce, up 26 percent for the year, many investors expect producers to begin lifting spending on exploration and production (or dividends).
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.
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.
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.
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.
With production for Uncharted 4: A Thief's End expected to be completed at the end of the month, and the game set to go gold as well — Uncharted 4 will be getting another delay.