Sentences with phrase «oz of gold»

Gold trades at $ 1,600 +, while a proved oz of gold is usually valued at about $ 150.

If a mining company knew they were going to sell 1000 oz of gold in several months, they could protect themselves from a future price decline by going short 10 gold futures contracts today.

I would have written something like: # 2m oz of gold, $ 200per oz to get out of the ground, gold price $ 1200....

Galantas soldiers on... I suspect it's still years before the first underground oz of gold is extracted here.

Well I try keep at least 1000 $ in cash (I'm European) and 5 Troy oz of gold coins in case something really bad happens and paper money is not worth worth more than what it really is — paper.

Which confirms the project contains 260 K indicated oz of gold (at this point, we'll ignore inferred oz)-- I'm comfortable using my usual long - term $ 150 per proved oz in - the - ground gold valuation here, except we'll apply a 75 % haircut to reflect indicated status.

DeGrussa produced 17,654 t of copper and 9,288 oz of gold in the June 2014 quarter (SFR announcement dated 23 July 2014).

The results from the wide - spaced program have exceeded all expectations and vindicated the company's high hopes for a discovery to rival the recent nearby Magnum and Cailbre finds containing 1 + million oz of gold.

Cash from the acquisition will allow SMC to fund further operational and business development, including additional capital expenditure at Hadleigh Castle mine, which contains an indicated and inferred resource of 240,000 ounces of gold and satellite deposits containing 30,700 oz of gold.

I find it amusing when gold bugs claim «1 oz of gold could buy you a good suit in Roman times and still can!

Revenue from the sale of 78,534 oz of gold was $ 127.3 million, boosting Saracen's cash position to $ 45.2 million from $ 30.6 million after spending $ 24.6 million on growth capital and exploration, $ 4.3 million to repay finance leases, and $ 2.7 million to complete the acquisition of Kailis from St Barbara.

Payable production in the fourth quarter of 2017 was 413 212 oz of gold, compared with 426 433 oz in the fourth quarter of 2016.

Revenue for the period came in at $ 853 - million, which was 5 % lower year - on - year, as gold sales fell 18 % year - on - year to 633 000 oz of gold, and slightly below analyst estimates calling on average for revenues of $ 858.1 - million.

Firstly, there are about 16.2 million BTC in circulation — and there are 5.6 billion oz of gold that have been mined throughout history.

GLD is priced as 1/10 oz of gold, so 10 shares is one ounce, as will move as one ounce of Gold, no leverage.

Since 1 oz of gold is currently at about $ 1300, buying some groceries or filling your tank of gas would require only a very small fraction of your 1 oz gold coin.

Asking - given that even 1/10 oz of gold is $ 170, is silver a good choice?

Since GLD is priced as 1/10 oz of gold, I'd call it the preferred way to buy if that's your desire.