Sentences with phrase «year gold mining»

Timothy Coles, a 35 - year gold mining veteran, tells CoinDesk why he is selling his Yukon interests for 3,200 BTC.
The 235,626 ounces of gold produced at Lihir during the quarter was better than six of the past nine quarters, and suggests the mine is still capable of becoming the million ounce per year gold mine that it was always supposed to be.

Not exact matches

A tax hike in Western Australia stands to lower the value of a massive gold deposit and further drive apart its owners: the world's biggest producers of the metal who have spent the last two years debating what the mine is worth.
As a result, «our industry is never again going to mine as much gold as we do this year,» he told a conference in January.
Your daughter's soccer coach who's been a successful salesman for 20 years can be a gold mine of sales tips.
Black Friday is a gold mine for retailers — according to the National Retail Federation, retail customers spent an estimated $ 50.9 million during Thanksgiving weekend last year.
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.
Power generation company Pacific Energy has won an eight - year contract extension to continue providing services at St Barbara's Gwalia gold mine in Leonora.
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.
Perth - based private mining contractor Barminco has posted a 30.7 per cent rise in operating profit for the 2016 financial year, with the company optimistic about prospects in the gold sector for the year ahead.
Doray Minerals has posted a sizeable boost in net profit for the six months to December, as the company works towards opening its second gold mine in Western Australia later this year.
Perth - based contractor Macmahon Holdings has flagged a hit to its earnings for the year after terminating its contract in Nigeria and incurring losses at Newcrest Mining's Telfer gold mine in WA.
If you want to really stand out from your competition and make Facebook a never - ending gold mine that you can be digging into for years to come, then you need to put some time into thinking very strategically about everything you do on Facebook and start thinking about everything you do as part of a three - layer Facebook funnel.
Mr Ashley is a management accountant with over 19 years» experience in the resources sector and has previously held senior management positions with UK - based Cluff Resources, Normandy Mining and Forrestania Gold.
He won the Mining Fund Manager of the Year award from Mining Journal magazine in 2006 and is the co-author of The Goldwatcher: Demystifying Gold Investing.
Western Australia's next gold mine, Crescent Gold Ltd's upgraded Laverton operation, is scheduled to be in production before Christmas and crank up quickly to 90,000 ounces a ygold mine, Crescent Gold Ltd's upgraded Laverton operation, is scheduled to be in production before Christmas and crank up quickly to 90,000 ounces a yGold Ltd's upgraded Laverton operation, is scheduled to be in production before Christmas and crank up quickly to 90,000 ounces a year.
The share price of mining junior Batavia Mining Ltd has more than doubled in the first few days of 2006 on a 140 per cent gold resource upgrade that could bring its Gullewa copper gold project in Western Australia back in production within amining junior Batavia Mining Ltd has more than doubled in the first few days of 2006 on a 140 per cent gold resource upgrade that could bring its Gullewa copper gold project in Western Australia back in production within aMining Ltd has more than doubled in the first few days of 2006 on a 140 per cent gold resource upgrade that could bring its Gullewa copper gold project in Western Australia back in production within a year.
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.
The gold miner also said it plans to reduce its net debt by at least $ 3 billion this year and look to sell its Porgera joint venture in Papua New Guinea and Cowal mine in Australia.
Barrick — which reported a US$ 2.85 billion fourth quarter loss after markets closed Wednesday — has struggled in recent years with weakness in the price of gold and problems developing its new mines.
Mining services company Ausdrill has secured three contract extensions, highlighted by a two - year, $ US108 million ($ 142 million) deal at the Iduapriem gold mine in Ghana.
Resolute Mining Ltd has given the green light for a $ 77 million expansion of its Ravenswood project in Queensland, as the Perth - based gold miner attempts to capture some of the 25 - year - high gold price.
A STRONG performance from its Binduli gold operations has underpinned anunaudited profit of $ 1.3 million for the 1999/2000 fiscal year for Croesus Mining NL.
PERILYA Mines NL has capped off its best six month performance, notching up a record operating profit of $ 6.2 million at its Fortnum gold mine in WA for the first half of the 2000 financial year.
Perth - based Aurora Gold Limited's Mt Muro gold and silver mine in Indonesia overcame another year of climatic extremes to post a lower $ 14.5 million operating proGold Limited's Mt Muro gold and silver mine in Indonesia overcame another year of climatic extremes to post a lower $ 14.5 million operating progold and silver mine in Indonesia overcame another year of climatic extremes to post a lower $ 14.5 million operating profit.
The FTSE Gold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined gGold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined ggold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined ggold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined goldgold.
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.
Mining stocks in relation to the price of gold and silver have become almost as undervalued as they were in December 2015, when the sector bottomed from the 4 1/2 - year cyclical correction.
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.
Gold has been steady this year, and the market for new mining projects seems to be improving.
Indeed, if we look at projects that opened in just the last two or three years, we see that they're of lower grade, meaning they don't produce nearly as much as older, easy - to - mine gold deposits.
In January of this year, Mosquito Consolidated Gold Mines Ltd. announced its intention to mine gravel and placer gold from 13 claims covering nearly 1000 hectares in the Chehalis River watershed near MissGold Mines Ltd. announced its intention to mine gravel and placer gold from 13 claims covering nearly 1000 hectares in the Chehalis River watershed near Missgold from 13 claims covering nearly 1000 hectares in the Chehalis River watershed near Mission.
Gold Mining Stocks, the highest performing asset class last year returning 48 %, are now underperforming.
The average lead time for gold mines worldwide is close to 20 years, though it can sometimes be more, depending on the jurisdiction.
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.
He has provided corporate development and investor relations services to mining exploration companies for over 15 years including Band - Ore Resources (which became part of Lake Shore Gold, which in turn joined Tahoe Resources TSX: THO) and Trelawney Mining and Exploration, an IAMGOLD TSX: IMG takmining exploration companies for over 15 years including Band - Ore Resources (which became part of Lake Shore Gold, which in turn joined Tahoe Resources TSX: THO) and Trelawney Mining and Exploration, an IAMGOLD TSX: IMG takMining and Exploration, an IAMGOLD TSX: IMG takeover.
Furthermore, I spend a minimum of 400 + hours a year to produce the bi-annual reports that I send to every Platinum Member that includes analysis and purchase price points for several dozen gold and silver mining stocks that trade on various global stock exchanges that I conclude are among the best in the world.
assembled in the 300 year history of gold mining in the Lavras area.
Case in point: Comstock Mining Inc., a young mining company which we own in our Gold and Precious Metals Fund (USERX), has managed to shrink operating expenses from $ 4.4 million this time last year to $ 3.8 million, mostly by lowering legal and advisory expMining Inc., a young mining company which we own in our Gold and Precious Metals Fund (USERX), has managed to shrink operating expenses from $ 4.4 million this time last year to $ 3.8 million, mostly by lowering legal and advisory expmining company which we own in our Gold and Precious Metals Fund (USERX), has managed to shrink operating expenses from $ 4.4 million this time last year to $ 3.8 million, mostly by lowering legal and advisory expenses.
At the start of the year a major disagreement with Indonesia over Freeport's ownership of the massive Grasberg copper and gold mine broke into the headlines.
Consider that despite the stellar performance of gold mining stocks this year that have been, by far, the strongest performing asset class of 2016 (along with silver mining stocks), and that even with the massive growth in market cap of PM stocks during H1 2016, the total market cap of all the mining stocks that comprise the HUI Gold Bugs index, as of 2 August 2016, is still barely larger than 1/3 the market cap of Facebook and Amagold mining stocks this year that have been, by far, the strongest performing asset class of 2016 (along with silver mining stocks), and that even with the massive growth in market cap of PM stocks during H1 2016, the total market cap of all the mining stocks that comprise the HUI Gold Bugs index, as of 2 August 2016, is still barely larger than 1/3 the market cap of Facebook and AmaGold Bugs index, as of 2 August 2016, is still barely larger than 1/3 the market cap of Facebook and Amazon.
«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.
Therefore, absent any significant and sustained rise in the gold price, we expect few new mines to be built for many, many years to replace depleting and aging mine reserves.
In our opinion, it will require a sustained rise of several years in the gold price to attract capital for new mining projects, assuming that such projects even exist in light of the severe reduction in industry exploration expenditures and discovery rates.
Consequently, in the unlikely event that the current bull market in US equities continues for one more year and gold - mining stocks trend upward during that year, the gold - mining sector will then be vulnerable to the downward pull of a general equity decline.
While the company continues to find more gold zones in the district, it will have a feasibility study out in the next quarter on the Gruyere mine / mill project that is designed to produce 265,000 gold ounces per year for 12 years.
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.
Gold mining stocks have been through a wrenching 3 1/2 year bear market.
12-10-2010 Resignation of Chairman 11-10-2010 Caledonia Mining Announces Third Quarter 2010 Results 10-21-2010 Caledonia Mining Announces the Commissioning of the No. 4 Shaft Project 08-26-2010 Caledonia Mining Announces the Completion of the Underground Installations on the No. 4 Shaft Project 08-18-2010 Caledonia Option Exercise Prices Reduction Becomes Effective 08-12-2010 Caledonia Mining 2010 Second Quarter and Half Year Results and Management Conference Call 06-14-2010 Caledonia Commissions the First Standby Generator at Blanket Gold Mine in Zimbabwe 05-14-2010 Caledonia Mining First Quarter 2010 Results 05-06-2010 Caledonia Installing a Standby Generator at Blanket Gold Mine in Zimbabwe 03-31-2010 Caledonia Mining 2009 Fourth Quarter and Annual Results and Management Conference Call 02-12-2010 Government of Zimbabwe sets out Regulations for Indigenisation 01-29-2010 Reserve Bank of Zimbabwe Defaults on Bond Repayment to Caledonia Mining and update on timeline for completion of No. 4 Shaft Expansion
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