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Sep 28, 2020 In 2019, export earnings from mining plunged 9% (to US$2.91 billion) as a result of crippling power cuts, foreign currency shortages, increase in operating costs and smuggling of Gold in protest
Dec 10, 2021 By season's end, the Schnabel faction had pulled in a major haul with more than 7,400 ounces of gold worth nearly $8.5 million, as revealed on Discovery and in a clip from Discovery Channel's
Jan 28, 2022 This transition is expected to enable Grasberg to generate average annual production for the next several years of 1.55 billion pounds of copper and 1.6 million ounces of gold. Barrick’s Carlin operation in Nevada, USA, was the second largest gold producing center globally in Q3 2021
May 12, 2021 The company reported 49 million ounces of gold as at 31 December 2020, a 6% decrease compared to 2019. This decline was due to the estimated mining depletion of approximately 2.5 million ounces, removal of 0.3 million ounces of gold following divesture of Newcrest’s 75% interest in Gosowong, as well as minor changes at Telfer and Lihir
Dec 14, 2021 The highest number of gold ounces produced in Nevada was 8.87 million in 1998, when nearly all the gold came from surface mines, but the value of the gold produced was highest in 2012 at $9.4 billion
Jan 20, 2022 COEUR D’ALENE, Idaho – Hecla Mining Co. produced 12.9 million ounces of silver and 201,326 ounces of gold in 2021 and for the fourth quarter, the company produced nearly 3.23 million silver
company’s Marlin gold/silver project, where reserves stand at 15.6 million tons at 0.139 oz. gold and 2.15 oz. silver per ton. Glamis is planning a combined open pit/underground operation with average annual production of 217,000 oz. gold and 3.3 million oz. silver over a 10-year mine life. President Kevin McArthur says Glamis
1999. The mine is located in the West Sumbawa District, West Nusa Tenggara Province. By 2015, it had produced 7.3 billion pounds of copper and 7.1 million ounces of gold, with a further 5.4 billion pounds of copper and 5.6 million ounces of gold reserves remaining to be produced.1 Batu Hijau is the second biggest copper producer in Indonesia. It is
Jan 08, 2021 Zimbabwe's unlisted Kuvimba Mining House is seeking to raise $1 billion for its gold and platinum projects, including a gold mine that could produce 150,000 ounces a year, as well as exploration
Jan 13, 2022 The feasibility study assumed a price of $3.20 per pound of copper and $1,342 an ounce for gold—both below current prices of copper of over $4 per pound and of gold that is over $1,800 an ounce. Using those assumed prices, the combined revenues from copper and gold would reach $6.91 billion over the 28 years life of the soon-to-be-developed mine
Jan 20, 2022 B2Gold Corp’s BTG total gold production in fourth-quarter 2021 came in at 304,897 ounces (including 16,048 ounces of attributable production from Calibre Mining Corp.), up 13% year over year
Jan 13, 2022 THUNDER BAY – MINING – Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce record production in Q4 2021 of 210,400 ounces (“oz”) of gold.Equinox Gold achieved fiscal 2021 guidance with 602,100 oz of gold produced, a 26% increase over 2020 production. Full financial and operating results will
Jan 17, 2022 Hecla Mining HL reported silver production of 12.9 million ounces in 2021, in line with the guidance of 12.6-13.3 million ounces and gold production of 201,326 ounces compared to its outlook of
Nov 05, 2014 Gold and Silver Mining of Nevada, Inc. (OTC PINK: CJTF) announces that the $12.5 million is on track for February 2015. These funds will be utilized to develop the $7 billion Goldfield Basin. Contacts
Feb 01, 2022 US mining output rises 12% y/y to $90.4bn. ... Metal mine production was valued at $33.8 billion, or 23% higher than 2020. ... Bam deposit grows to 1.5 million oz gold with Landore’s new
Feb 08, 2022 Each year, global gold mining adds approximately 2,500-3,000 tonnes to the overall above-ground stock of gold. While gold production has shown an upward trend in recent years, this is likely to level off in coming years. Accurately estimating the amount of gold still within the ground is no easy task, and this estimate may change in response to several
Feb 09, 2022 At the El Penon gold-silver mine in Chile, 242,000 oz. were mined and 255,000 oz. found, leaving reserves at 1.3 million gold-equivalent ounces. The Minera Florida gold mine in Chile, there was a
Feb 11, 2022 In 2016, Kinross bought out its joint-venture partner Barrick Gold. The mine began operating in 2003 and poured its 15 millionth ounce in 2018. Gold is recovered by milling, gravity and heap leaching
Feb 09, 2022 “Gold production was 30 381 ounces, more than the 28 766 ounces that the company had budgeted for the year 2021,” he said. The mine is currently carrying out exploration, both on surface and
Feb 10, 2022 In early 2021, Sibanye-Stillwater’s Board approved a new major capital project for Burnstone to complete necessary infrastructure and bring the mine to full development at a cost of R2.3 billion. It is anticipated that 2 million ounces of gold will be mined over a 21-year period. The Southern Free State project is an advanced exploration
Aug 18, 2014 Looking for partners for $3 billion project in South Australia forecast to produced 114,000 tonnes of copper and 117,000 ounces of gold a year. Oz Minerals unveils PFS for $22 billion copper-gold
Feb 11, 2022 The grade for all the Barrick reserves increased to 0.06 ounces per ton from 0.58 ounces in 2020. The reserves were calculated at a gold price of $1,200 per ounce, according to Barrick. The spot
Nov 08, 2020 Those shares are set to vest upon production of an independently verified feasibility study for a mine at Hemi that produces 500,000 ounces of gold a year for no less than 12 years . A mine of
