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1 day agoWest Australian explorer Gateway Mining (ASX: GML) says its renamed Montague gold project has now reached 526,000 ounces in contained gold - boosted by the maiden 77,000oz resource for the Julias prospect.. The Montague (formerly Gidgee) project now has a global resource of 10.07 million tonnes at 1.6 grams per tonne gold for the 526,000oz.
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Oct 28, 2021Jewellery continued to draw strength from the ongoing global economic recovery: Q3 demand rebounded 33% y-o-y to 443t. Bar and coin investment increased 18% y-o-y to 262t. The sharp August gold price dip was used by many as a buying opportunity. Small outflows from global gold ETFs (-27t) had a disproportionate impact on the y-o-y change in ...
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TodayKin Mining continues to accumulate gold interests. Gold. -0.32%. ASXFY. -2.66%. Kin Mining NL (ASX:KIN) has acquired 20 million on market shares in Dacian Gold Ltd (ASX:DCN), giving it a 1.63% interest. This was a strategic move for KIN as it accumulates a significant interest in one of the participants in the unfolding consolidation of the ...
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Dec 12, 2019. Wikimedia. Underground mining at Harmony Gold Mining Company and Petra Diamonds ' operations in South Africa has resumed after the unprecedented move by Eskom to implement Stage 6 load shedding on 9 December. With intermittent Stage 2 and Stage 4 load shedding continuing across South Africa, Gold miner Harmony Gold and diamond ...
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Although the price of gold has increased significantly since 1967 when the fixed price of $35 an ounce was terminated, the increases in the cost of virtually every supply and service item needed in prospecting and mining ventures have kept profit margins at moderate levels, particularly for the small mine operator.
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Sep 15, 2022VANCOUVER, BC / ACCESSWIRE / September 14, 2022 / Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSX:GMTN)(OTCQB:GMTNF)(FRA:5XFA) is pleased to report its second quarter FY2023 summary financial and operating results. The Company's interim financial statements and related management's discussion and analysis for the three and six months ended July 31, 2022, are available for ...
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Harmony Gold Mining, the South African miner, announced that a number of its workers died as a rockfall accident triggered a blaze more than one mile underground at its Doorknop site. Search and rescue efforts were deployed, but were hampered by smog and falling rock.
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Aug 15, 2022GoldMining: Gold Equities Caught in Broad Selloff, Sentiment Will Rebound youtu Although gold's performance in 2022 has disappointed some investors, the yellow metal's price is still high by ...
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Goldgroup's mission is to increase gold production, mineral resources, profitability and cash flow, with a view to building a leading gold producer. For further information on Goldgroup, please visit On behalf of the Board of Directors, Mr. Keith Piggott, Chairman and President Tel: 1-520-247-5753 Investor Relations
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Though gold mining continued throughout the 1850s, it had reached its peak by 1852, when some $81 million was pulled from the ground. After that year, the total take declined gradually, leveling...
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Jan 13, 2021Nation Jan 13, 2021 5:55 PM EDT. The Navajo Nation and the state of New Mexico have reached multimillion-dollar settlements with mining companies to resolve claims stemming from a 2015 spill that ...
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Aug 20, 2022JeFreda R. Brown. The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world. Global reserves of metals and minerals are ...
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Mar 15, 2022Movie theater chain AMC Entertainment has agreed to purchase a major stake in Hycroft Mining, a Nevada gold and silver miner. The deal would make AMC the owner of roughly 22% of Hycroft. AMC CEO ...
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Mar 14, 2022The mine's longstanding relationship with the police Local leaders told RAID that before the North Mara mine, which began commercial production in 2002, there had been only a limited police presence in the area. Local residents made an income from farming and small-scale gold mining, including in the area now occupied by the mine.
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The Pre-Feasibility Study in 2014 found: The Stibnite Gold Project has the largest known antimony resource in the U.S. The project is one of the top 10 gold deposits in the U.S. We will recover more than 4 million ounces of gold over the 12 years projected for the life-of-mine. Almost $1 billion of initial investment will be required to build ...
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The Grassy Mountain Gold Project contains a gold-silver deposit (100% located on private land) for which results of a positive PFS have been released and key permitting milestones accomplished (see press release dated May 24, 2018). Additionally, Paramount owns a 100% interest in the Sleeper Gold Project located in Northern Nevada.
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Gold mining in the United States has taken place continually since the discovery of gold at the Reed farm in North Carolina in 1799. The first documented occurrence of gold was in Virginia in 1782. [1] Some minor gold production took place in North Carolina as early as 1793, but created no excitement.
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May 06, 2020 On the heels of the Dow trading lower, bets on continued chaos, and gold, are increasing. Gold Miners Soar While Financials Slide May 6 ( King World News) - Jason Goepfert at SentimenTrader: Lately, gold has been holding up and gold mining stocks have been rocketing higher. At the same time, financials have been barely holding water.
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Jul 14, 2022Masbate Gold Mine - The Philippines. The Masbate Mine in the Philippines continued its strong operational performance with second quarter 2022 gold production of 54,375 ounces, above budget by 2% (995 ounces), as processed tonnage (6% above budget) more than offset lower than budgeted processed grade (4%). Compared to the second quarter of ...
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RESOLUTE Mining has added 37,200 ounces of gold to its hedge book, edging up total gold sold in forward contracts to more than half of the 400,000 oz targeted this year.. The latest contract is scheduled for monthly deliveries of 1,200 oz between July and December 2020 and in deliveries of 5,000 oz between January and June 2021.
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Siguiri is a multiple open-pit gold mine in the relatively remote district of Siguiri, around 850km northeast of the country's capital, Conakry. Ownership 85% AngloGold Ashanti Mineral Resource 6.38Moz of gold Gold production 258koz All-in sustaining costs $1,267/oz Capital expenditure $32m Workforce 3,369 including contractors
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The surface trace is presently the focus of intense artisanal gold mining with over 100 pits mapped down to 30m depth focussed on an area 600m by 600m. The Company is presently in the process of appointing an independent consultant to undertake a maiden resource estimate which will also provide data for targeting the structure at depth."
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Sep 7, 2022Gold finished the month down 2% to US$1,716/oz, and is lower by 5% on the year. For additional information please review our August Global Market Commentary. Outflows were widespread in August, with only the 'Other' region seeing inflows.
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Jul 14, 2022Masbate Gold Mine - The Philippines. The Masbate Mine in the Philippines continued its strong operational performance with second quarter 2022 gold production of 54,375 ounces, above budget by 2% (995 ounces), as processed tonnage (6% above budget) more than offset lower than budgeted processed grade (4%). Compared to the second quarter of ...
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Mineral Mountain Resources said in a news release that the remaining nine holes of its twelve-drill program is scheduled to resume within the next week. Mineral Mountain did not return a call ...
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Jul 26, 2022July 26, 2022 The world's largest gold mining company, Newmont warned that inflationary pressures would continue into 2023 after its second-quarters profits missed estimates. Newmont raised its annual forecast as shares of the company dropped 12 percent, Reuters reported.
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Aug 15, 2022A significant 202% increase in the measured and indicated category was announced, with 56% of the contained 317 600 oz now in the measured and indicated categories, up from 105 000 oz previously ...
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Nov 29, 2021Plutonic is a world-class Archean lode-style gold mineralized system that has produced close to six million ounces of gold over 32 years of continuous operation and encompasses a Measured and Indicated Mineral Resource of 1.89 million ounces together with an Inferred Mineral Resource of 3.07 million ounces.
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White placer miners also continued to work the gulch until as late as 1887. An additional $10,000,000 worth of gold was taken from the gulch during this period. Placer mining can only work relatively shallow deposits and many mining experts realized there was undoubtedly a large amount of gold still to be found along the gulch.
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Bonsor Gold-Mining. Continued With reference to this, I may tell you that, besides the actual ore reserves mentioned, there are some 23,000 tons of tailings on hand of an estimated assay value of about £14,000.
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Jul 14, 2022The Masbate Mine in the Philippines continued its strong operational performance with second quarter 2022 gold production of 54,375 ounces, above budget by 2% (995 ounces), as processed tonnage (6% above budget) more than offset lower than budgeted processed grade (4%).
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The recent run-up in the metal's price adds to the continued case for investing in gold. Among other factors: — Technically, gold is in a bull market, with bullion prices up 60% from their 2001 low...
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Jun 20, 2022The Company's mining plan targets have been significantly exceeded boding well for initial gold production from its 100% owned flagship Mt Freda Gold Mine in Cloncurry, Queensland. Tombola Gold Managing Director, Byron Miles, commented: "We are pleased to be advancing positively towards first gold production from our 100% owned Mt Freda Gold ...
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May 14, 2021May 14, 2021. As the citizens of Zimbabwe reel under hardships in a distressed economy engulfed with high unemployment, inflation, poverty and poor service delivery, the residents of Penhalonga are disturbed by organised gold leakages that continue to occur in the mining sector. A significant amount of revenues from gold and other precious ...
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Aug 31, 2022Iamgold Corp.: Iamgold is a Canada-based gold mining company with operations including in Canada, Burkina Faso, and Suriname. The company has additional exploration and development projects in West...
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Welcome to Granada Gold Mine. Granada Gold Mine Inc. is a Canadian junior mining and exploration company. The Company's current focus is directed towards the development and continued exploration of the past-producing Granada Gold Property situated in the heart of the famous Abitibi Greenstone Belt and along the prolific "Cadillac Trend" where more than 50 million ounces of gold have been ...
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Jan 28, 2022Shares of precious metals miner Coeur Mining ( CDE -2.28%) fell as much as 11.5% this week according to data from S&P Global Market Intelligence. By the open of trading on Friday, Jan. 28, the ...
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Jan 25, 202101/25/2021 | 06:58 AM Gold miners continued from Friday Private citizens had tried to chart trails through the San Juan area, only to be turned back by the rough landscape. During the mid-1800s, the government earnestly began to chart a course. John W. Gunnison was ordered to carry out a survey for a railroad route through the San Juan.
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Many countries need mining to not only thrive, but also to survive; Mining is the economic foundation for a number of developing countries. According to ICMM (International Council on Mining and Metals), at least 70 countries are extremely dependent on the mining industry and most low income countries need it to simply survive. This same study shows that in many low-middle income countries ...
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This is South Africa's worst gold mining accident in at least five-and-a-half years. New Gold released its full-year 2013 operating results together with its guidance for 2014. Gold production for 2014 disappointed investors' expectations at 380 to 420,000 ounces, roughly flat relative to 2013.
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