Sentences with phrase «gold production by»

As Tocqueville's Hathaway observes, it's now cheaper to increase gold production by acquiring another miner than by opening a new mine.
For instance, the total gold production by small scale miners rose from an estimated 2.2 % in 1989 to 31 % of the national production in 2016 whilst production of all diamonds is now coming from small scale mining.
In terms of contribution to GDP, total gold production by small scale miners in 1989 was 2 % of GDP whilst in 2015, contribution to GDP was 34 % and 31 % in 2016.
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.

Not exact matches

The world's biggest gold producer by production said its focus would increasingly be on growth from its own projects and operations in Nevada and the Dominican Republic.
One year after buying the Thunderbox operations from Norilsk Nickel, Saracen Mineral Holdings has announced plans to develop an open pit gold mine that will double its production to about 300,000 ounces per annum by the 2017 financial year.
Gold and nickel producer Independence Group has raised its full - year profit by 60.7 per cent to $ 46.6 million on the back of the production commencement at Tropicana and an improved nickel price in the second half of the year.
Doray Minerals has finalised a $ 51 million contract with GR Engineering Services for work at its Deflector gold project in the Murchison region, which is now fully funded and on - track for production by mid-2016.
Perth gold producer Resolute Mining has released a positive production report, which raised its share price by nearly 7 per cent.
The company employs about 16,000 people, including long - term contractors, and it's one of the world's top 5 gold mining companies by production, reserves and market capitalization.
PERILYA Limited has reported high - grade intercepts on two of its base metal tenements in South Australia and Malaysia, with exploration underpinned by record gold production from its Fortnum underground gold mine in Western Australia.In its June qua...
Barrick Gold Corp. (NYSE, TSX: ABX) reported late Monday that first - quarter adjusted earnings rose from a year ago despite lower production, with the company's profitability helped by higher gold priGold Corp. (NYSE, TSX: ABX) reported late Monday that first - quarter adjusted earnings rose from a year ago despite lower production, with the company's profitability helped by higher gold prigold prices.
Centamin pretax profit more than doublesCentamin PLC's (CEE.T) first - quarter pretax profit more than doubled on year, pushed higher by increased production, sales and gold prices.
Supporting that observation is a dynamic not fully appreciated by the market and that is declining gold production.
Ownership of physical gold is favored by governments, and both Russia and China have been buying gold on the open market, while they prevent the export of their domestic gold production.
Note: Estimated gold production = revenue divided by average gold price Source: Bloomberg, FactSet
There is also no scope for a bitcoin miner to ramp up production in an attempt to price out competitors by driving down the value of bitcoin, as is possible with gold.
Despite lower production levels, adjusted net earnings, operating cash flow, and free cash flow all increased compared to the prior - year period, primarily driven by higher gold prices.
The fixed number of OZcoinGold units (linked to and backed by 100,000 ounces of 24 karat gold) prevents the production of more OZcoinGold coins.
In COMEX gold futures which also experienced a record one - week amount of nearly 55,000 contracts being sold by so - called commercial traders, or the equivalent of 5.5 million ounces, that works out to 20 full days of world gold mine production (275,000 oz per day).
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.
Group production was a record 79,985 ounces of gold, up 23 %, driven by a record 34,881 oz produced at Thunderbox and a jump in Carosue Dam output to 45,104 oz.
Experts now believe that China acquired those 454 new tonnes over at least several years, largely by purchasing the production of China's own fast - growing gold mining industry.
The main reason, however, is that the difference between the futures price and the spot price is driven by arbitrage and, in all commodity markets except the gold market, the extent to which current production is able to satisfy current demand (in the gold market there can never be a supply shortage because almost all of the gold mined in world history is still available to meet current demand).
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.
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.
They simply want to avoid having instability disrupt their trade and domestic production, and to avoid having to take a loss on their international reserves held (mainly from inertia stemming from World Wars I and II when the United States increased its share of the world's gold to 80 per cent by 1950).
By Kevin Silva, BNN Highlights of K92 Mining drilling and production K92 Mining Inc. (TSX.V: KNT), the fast emerging gold producer that purchased Barrick's Kainantu Gold Mine in Papua New Guinea during 2015, has just announced multiple high grade intercepts from drilling in the Irumafimpa area of the projgold producer that purchased Barrick's Kainantu Gold Mine in Papua New Guinea during 2015, has just announced multiple high grade intercepts from drilling in the Irumafimpa area of the projGold Mine in Papua New Guinea during 2015, has just announced multiple high grade intercepts from drilling in the Irumafimpa area of the project.
«We adhere to our gold standards, credo, mission and operating objective during production and abide by the highest quality methods.»
-- Oyu Tolgoi copper - gold mine now being commissioned with first commercial production scheduled by the end of June 2013.
«Our project is to make Ghana a regional production and manufacturing centre, by weaving together our numerous natural resources, such as our food produce, extensive cash crops, gold, bauxite, iron ore, oil and gas, with our talents and energy to turn our nation into an economic powerhouse in West Africa and beyond,» he explained.
She added that it is «now highly likely that the production of this new alloy in the Balkans at the same time as gold could have been dictated by the demand for the «exotic» golden hue, or its closest imitation.»
ADT, which suppresses the production of testosterone by either medical or surgical castration, remains the gold standard for treating advanced prostate cancer, either alone or with radiation therapy.
Produced and directed by Stanley Kramer; screenplay by Nedrick Young and Harold Jacob Smith, based on the play by Jerome Lawrence and Robert E. Lee; director of photography, Ernest Laszlo; edited by Frederic Knudtson; music by Ernest Gold; production designer, Rudolph Sternad; released by United Artists.
Production companies: Element Pictures, LC6 Productions, Braven Films Cast: Rachel Weisz, Rachel McAdams, Alessandro Nivola, Anton Lesser, Bernice Stegers, Allan Corduner, Nicholas Woodeson, Liza Sadovy, Clara Francis, Mark Stobbart, Caroline Gruber Director: Sebastian Lelio Screenwriters: Sebastian Lelio, Rebecca Lenkiewicz, based on the novel by Naomi Alderman Producers: Frida Torresbianco, Ed Guiney, Rachel Weisz Executive producers: Rose Garnett, Daniel Battsek, Ben Browning, Glen Basner, Andrew Lowe, Eric Laufer, Giovanna Randall Director of photography: Danny Cohen Production designer: Sarah Finlay Costume designer: Odile Dicks - Mireaux Music: Matthew Herbert Editor: Nathan Nugent Casting: Nina Gold Sales: FilmNation, WME Venue: Toronto Film Festival (Special Presentations)
Curtis, who has directed such films as «My Week with Marilyn» and «Woman in Gold,» has assembled an impressive technical team that includes cinematography by Ben Smithard's («Belle» and TV's «Cranford» for which he won an Emmy), editing by Victoria Boydell («The Second Best Exotic Marigold Hotel»), production design by David Roger (TV's «Great Expectations»), and costumes by Odile Dicks - Mireaux («Brooklyn» and «An Education»).
The trio is joined by other exciting talents, including costuming stalwart Colleen Atwood, production designer Hannah Beachler (who most recently worked on «Black Panther»), and two - time Olympic Gold Medal Boxer and WBC / IBF Super Middle Weight Champ Claressa Shields, all of whom Rees refers to as her «personal heroes.»
Here are the August predictions for Production Design, Costume Design and Makeup & Hairstyling from the Gold Rush Gang: OTHER CONTENDERS Alice Through the Looking Glass Allied The BFG The Founder Hidden Figures Live by Night Love & Friendship Loving Rules Don't Apply OTHER CONTENDERS Alice Through the Looking Glass The BFG Free State of Jones Hail, Caesar!
It would lift Island Gold's annual production by 25 % to 125,000 ounces in 2019.
Like gold, no one centrally controls production, supply is limited in part by the effort required to produce it, and you can hold on to it as a store of value.
These investments typically move in relation to gold prices but are also influenced by production and borrowing costs.
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.
A hostel made entirely from sand will pop up on Australia's Gold Coast on Wednesday.The ephemeral hostel was created by film production designer Jon... Read More
Somehow this is to be completed, tested, refined and go gold for production by November 15?
You may know the American motion picture production company Harmony Gold USA, that is responsible for creating that despicable Frankenstein monster named Robotech by splicing together the three anime series Super Dimension Fortress Macross, Super Dimension Cavalry Southern Cross, and Genesis Climber Mospeada.
After already winning a Gold Pencil award, the «Gravity Cat» commercial, a production by Sony Interactive Entertainment and Tohokushinsha Film Corporation, has now gone on to win 7 awards in 4 different main categories at the Cannes Lions Festival of Creativity!
As the art historian Eva Meyer - Hermann notes, the mill is «a symbol not only of artistic production (signified by the gold), but also of a creative process that in principle will never reach a conclusion and that will also never be available to the recipient in a neatly packaged form.»
During the manufacturing of the gold Kilo, a special press and production technique was used to achieve the highest ever relief on a coin struck by the Royal Mint.
The performances by Hart of Gold will culminate in the production of 24 new paintings each day.
For all its disadvantages, commodity money (gold) was at least tethered to reality by a real cost of production.
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