Sentences with phrase «ounces of gold in»

The company is on track to produce as much as 950,000 ounces of gold in 2018.

Most of the historic activity has centred on southern Ghana, which remains one of the world's most prolific areas for gold exploration and production, producing 4.13 million ounces of gold in 2016, up from 2.8 million ounces the previous year.

On pace to produce 55,000 ounces of gold in 2016, Riacho dos Machados is expected to be fully ramped up by 2018, with annual yield of 100,000 ounces of gold.

The miner produced 1.34 - million ounces of gold in the quarter, down from 1.52 - million ounces recorded in the comparable period of 2016.

When Barrick Gold was founded in 1983 the company's portfolio consisted of a single mine that produced 3,000 ounces of gold in its first year of operations.

In the early 1990's, approximately 250,000 ounces of gold were discovered which has now significantly increased to over 31 million ounces of gold in just over two decades, in large part to David Jones» exploration model.

Newcrest expects Lihir to produce between 900,000 and 940,000 ounces of gold in fiscal 2018, and to achieve that goal it will need to save its best performance of the year for the three months to June 30.

The Company's prime asset is the Mara Rosa Gold Project (100 % owned) in central Brazil, which contains resources of 1,250,000 ounces of gold in 25MT at 1.56 g / t Au Measured and Indicated and 300,000 ounce of gold in 8.4 MT at 1.26 g / t Au Inferred *.

If you buy an ounce of gold in Windsor, Ontario, and then drive across the border to sell it in Detroit — or vice-versa — you can't expect to make a profit.

This breaking news, which was picked up in Friday's Financial Post, revealed that «the cost for an ounce of gold in 1967 was $ 35, exactly the same price as a decent suit from Eaton's,» while in 1975, «gold weighed in at $ 100 an ounce, a 1:1 ratio with a decent suit from Eaton's during the same year.»

Since its inception, bitcoin's value has grown substantially and even surpassed the value of a troy ounce of gold in early 2017.

Not exact matches

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

In a span of one minute, 21,256 gold futures contracts, equal to more than 2 million ounces, traded just before Federal Reserve Chair Janet Yellen addressed a gathering of policy makers in Jackson Hole, WyominIn a span of one minute, 21,256 gold futures contracts, equal to more than 2 million ounces, traded just before Federal Reserve Chair Janet Yellen addressed a gathering of policy makers in Jackson Hole, Wyominin Jackson Hole, Wyoming.

They also saw the riches coming out of the Sudan's Hassai gold mine, which is run in partnership with Montreal's La Mancha Resources and expected to produce between 60,000 — 70,000 ounces of the yellow metal this year.

The company is forecasting 85,000 to 95,000 ounces of gold production in FY 17 from Karouni having overcome a few technical issues in the first half.

In March the company announced an updated resource estimate of 10.46 million tonnes at 1.6 grams per tonne for 529,000 ounces of gold.

The addition of high - grade ounces is the latest good news for Blackham, who, earlier this month, confirmed a stunning turnaround in the performance of the Matilda / Wiluna gold project.

Gold production in February climbed to a record 6,713 ounces and the company is now well on its way to hitting its guidance of 40,000 to 45,000 ounces for the half - year to 30 June.

The yield on the 10 - year Treasury fell below 2 % for the first time since May 2013 in early trading in Europe, while gold rose to a three - week high of $ 1.213.60 a troy ounce, as investors once again shunned anything that smelled remotely of risk.

Instead of Cinnabons, a kiosk in one terminal sells gold by the ounce.

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 productioIn 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 productioin 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.

Using this framework, Rickards proposes a scenario in which the world shifts partially back to the gold standard, with an ounce of gold being valued at $ 10,000 per ounce.

If you look back to the 70s, 80s and 90s, in every one of those decades, the industry found at least one 50 + million ounce gold deposit, at least ten 30 + million ounce deposits and countless 5 to 10 million ounce deposits.

Gold touched a 3-1/2 - week low earlier in the session and was trading down slightly at $ 1,250 an ounce ahead of U.S. trading.

Gold prices, which hit a record highs near US$ 1,900 an ounce back in August, have been falling since beginning the year and stock prices of miners have come down with them.

PERTH - BASED gold miner Hill 50 Gold NL produced 45,277 ounces of gold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields ingold miner Hill 50 Gold NL produced 45,277 ounces of gold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields inGold NL produced 45,277 ounces of gold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields ingold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields in WA.

For example, in periods of low market volatility and average demand, a one ounce gold American Eagle coin might be offered at 4.5 % over spot, but periods of weak demand can bring the price down to 3.5 % over spot, or lower.

, topping $ 1,250 and surpassing the price of an ounce of gold — though it's worth noting that it dropped dramatically in the days that followed (but we'll get back to that).

First, the gold spot price, as displayed in this chart, is the current market price for a raw ounce of unrefined gold bullion.

In addition, during the January lows, gold held the psychologically important level of $ 1,050 an ounce and has gained about 10 % since.

When gold futures hit an all time high of $ 1,913 an ounce last Tuesday, it seemed our modern civilization was no different from the ancients in its love affair.

A preliminary feasibility study of the KSM project conducted in November 2016 showed that the site contained 39 million ounces of gold and 10 billion pounds of copper, with a mine life of more than 50 years.

Precious and Industrial Metals Inflation concerns, geopolitical tensions and interest - rate levels, especially real yields, contributed to a 1.7 % rise in the spot price of gold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projecgold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projecGold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projecgold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projected.

Part of the Gold Maple Leaf series minted in 24 karat.9999 gold, this coins weighs exactly 1/2 troy ouGold Maple Leaf series minted in 24 karat.9999 gold, this coins weighs exactly 1/2 troy ougold, this coins weighs exactly 1/2 troy ounce.

With operating costs on the rise, and gold down from its peak of $ 1,900 an ounce in 2011, what producers need now more than anything is capital.

Gold miners have experienced increased labor costs and taxes, resulting in a higher replacement cost per ounce of gGold miners have experienced increased labor costs and taxes, resulting in a higher replacement cost per ounce of goldgold.

On a large scale, these companies are pursuing what many people have been doing with computers in their basements for years: mining for a digital asset that is now trading at around 13 times the price of an ounce of gold.

And so for example, if you and I were standing in a vault and I gave you one ounce of gold there's no way anyone could argue that I still possess the ounce of gold because I physically don't have it.

The dividend was based on the average realized gold price and the number of ounces of gold sold by Eldorado in the preceding two quarters.

The Company is one of the few in the world with a permitted, low - cost, 1,000,000 ounce or greater gold deposit in proximity to highway and infrastructure, in a the great mining state of Goias

According to median estimates of bullion analysts participating in the 20th annual LBMA (London Bullion Market Association) competition, gold prices are expected to surge about 5 percent this year to $ 1,318 per ounce.

The current all - in sustaining cost to produce one ounce of gold is hovering between $ 1,000 and $ 1,200.

Since the beginning of the second quarter of this year, spot gold has been trading in a tight $ 100 range, with the price of the precious metal more or less confined in the $ 1,200 - 1,300 per troy ounce band — and investor demand for the yellow metal has been continuing to wane as the global stock - market rally continues unabated.

The price of gold has surged in recent years, topping $ 1,800 per ounce in September 2011, but it was recently down 32 % from that level, near $ 1,221.

Silver futures settled last Friday in New York at 16.26 an ounce while currently trading at 16.36 up about $ 0.10 for the trading week reacting neutral off of the monthly unemployment number which was released this morning stating that we added 103,000 jobs which were very disappointing sending gold prices higher, however having very little impact on silver.

«Mining is difficult and I think everyone underestimates the true economic costs of extracting a unit of whatever it is, in this case an ounce of gold, and replacing it with an ounce you can take out of the ground next year.

Ecuador Gold and Copper's Condor Project is located in the Province of Zamora - Chinchipe also in southern Ecuador, 31 km south of Lundin Gold's 13.7 million ounce Fruta del Norte Project.

Such a hypothesis, in our opinion, does much to explain the incongruity of a declining gold price while fundamentals for paper currency, and the US dollar in particular, obviously deteriorate; while demand for physical gold has exceeded new mine supply for several years running; and while above - ground 400 - ounce.999 gold bars located in London, New York, and other financial capitals (in cohabitation with speculative trading activity in paper markets) have steadily dwindled and disappeared into Asian financial centers reformulated as.9999 kilo bars.

Comprising 70 kilometers of contiguous claims in a core district for Goldcorp, the highly - prospective Borden Gold project currently has reported underground constrained indicated resources of 1.6 million ounces of gold (9.3 Mt @ 5.39 g / t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grGold project currently has reported underground constrained indicated resources of 1.6 million ounces of gold (9.3 Mt @ 5.39 g / t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grgold (9.3 Mt @ 5.39 g / t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grgold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grgold cut - off grade.

Vancouver based, Odin Mining has the Cangrejos gold project in El Oro province, southern Ecuador, 30 km southeast of the port city of Machala which Odin Mining identified as the source of the Biron alluvial gold deposit which yielded 69,000 ounces.