Apr 21, 2016· On a project basis using a $1500 per ounce gold price and a discount rate of 10 percent the project will generate a net present value of almost $22.0 million. The payout of the capital investment on a project basis is 1.1 years and the calculated rate of return is over 200%.
Read MoreSep 23, 2021· The gold price is up a tidy $30 an ounce since Friday's close, touching $1,782 on Tuesday and back to its Q3 opening levels. In contrast to bullion's relative buoyancy, gold mining stocks remain in a slump. Newmont investors are nursing 14% losses quarter to date, Barrick is down double digits and AngloGold Ashanti is edging closer to 20% down.
Read MoreThe Project Deal. New Placer Dome is earning ownership of the Bolo project via an option agreement with Allegiant Gold. The first step is earning 50.01%, which requires: Exploraiton spending: US$500,000 in 2019, US$750,000 in 2020, US$1.25 million in 2021, and US$1.5 million in 2022.
Read MoreThe New Liberty Gold Mine has a NI 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") compliant Proven and Probable Mineral Reserve estimate of 7.4 million tonnes grading 3.03 g/t for 717,000 contained ounces of gold and a NI 43-101 compliant Mineral Resource estimate comprised of 9.6 million tonnes grading 3.2 g/t for ...
Read MoreSep 21, 2021· Collective Mining (TSXV:CNL) has provided an exploration update on its Victory target. Victory is the fifth major target identified by the company at its flagship project, Guayabales, in the Caldas area of Colombia. The project is located on a continuous strip northwest of the million-ounce deposit of …
Read MoreSee our interactive gold mining map for gold production per country in 2019. Overall levels of mine production have grown significantly over the last decade, although substantial new discoveries are increasingly rare and production levels are increasingly constrained. Gold mining and mine production does not …
Read MoreOperational cost for the first 3 months (salaries of employees, payments of bills et al) – $150,000. The cost for start-up inventory (gold and silver ore mining equipment, trucks and other related gold and silver mining devices) – $250,000. The cost of launching a website – $600. Miscellaneous – $5,000.
Read MoreSep 22, 2021· The new Faulkenham gold trend was identified in Pacton's recently completed winter drill campaign. The gold trend occurs near Pacton's boundary with PureGold Mining and strikes for approximately ...
Read MoreSep 21, 2021· Canadian firm Barrick Gold has signed an option agreement with Kenorland Minerals to acquire a stake in the South Uchi project in Ontario. Under the agreement, Barrick will have the option to earn an initial 70% interest in the project by spending $4.6m (C$6m) on mineral exploration within six years.
Read MoreSep 24, 2021· Robert S. Middleton is the new VP exploration at Ready Set Gold. Seabridge Gold appointed Ryan Hoel as VP projects, Tracey Meintjes as VP engineering studies, and Julie Rachynski as VP human resources. South Star Battery Metals named Samantha Shorter its new CFO, following the resignation of Bennet Liu. Transatlantic Mining named Yuying Liang its […]
Read MoreScroll. Wafi-Golpu is an advanced exploration project. in PNG currently in the permitting phase. Newcrest and Harmony Gold Mining Company Limited (Harmony) each currently own 50% of the Wafi-Golpu Project through the Wafi-Golpu Joint Venture (WGJV). The WGJV has applied for a Special Mining Lease for the Wafi-Golpu Project and has submitted an ...
Read MoreSep 21, 2021· Collective Mining (TSXV:CNL) has provided an exploration update on its Victory target. Victory is the fifth major target identified by the company at its flagship project, Guayabales, in the Caldas area of Colombia. The project is located on a continuous strip northwest of the million-ounce deposit of Aris Gold's Marmato mine. The Company has interpreted […]
Read MoreThe New Prosperity deposit is a gold-copper porphyry with a one billion tonne measured and indicated resource containing 5.3 billion pounds of copper and 13.3 million ounces of gold. At long-term gold and copper prices the project has robust economics. New Prosperity is a project that holds the potential to dramatically increase shareholder ...
Read MoreGalleon Gold is a North American exploration and development company focused on advancing two projects: Neal Gold Project and West Cache Gold Project. ... New …
Read MoreFeb 18, 2021· Bellevue Gold has completed a stage one feasibility study (FS) for its namesake project in Western Australia, with the first gold pour targeted towards the end of 2022. The company aims to produce ...
Read MoreOct 08, 2018· Victoria Gold first received approval for the mine in 2013, earning a quartz mining licence following a recommendation from the Yukon Environmental and Socio-Economic Assessment Board. The project was granted a water use licence from the territory's Water Board in …
Read MoreDec 08, 2015· If the project does eventually go forward, an open pit mine would be developed employing about 500 workers over about 12 years, the anticipated lifespan of the mine. Quin, the mining company president, said the amount of gold in the area puts it among the top 10 gold mining spots in the United States.
Read MoreAbout the Project. Marathon's principal asset is the Valentine Gold Project in the Central Region of Newfoundland and Labrador, one of the top mining jurisdictions in the world. When completed, the Valentine Gold Project will be the largest gold mine in Atlantic Canada and a significant contributor to the economy of Newfoundland and Labrador.
Read MoreSep 20, 2021· The Company owns a interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property and the 3,000-hectare Hickman copper-gold property located in the Golden Triangle district, approximately 140 kilometres north of Stewart, British Columbia and has a portfolio of exploration projects in Newfoundland. Golden Ridge Resources Ltd.
Read MoreJul 14, 2020· North Choco Gold and Copper Project On May 7, 2019 Max signed a binding letter of intent with Noble Metals Limited and Buena Fortuna Mining Company Pty Ltd. to acquire up to of their interest in Andagueda Mining Pty Ltd. which holds an exploration and mining agreement with the Tahami Indigenous Reservation of Alto Andagueda for the Choco ...
Read MoreFluor is a world leader in providing services for the gold industry. We have completed over 25 major gold projects over the last ten years in countries including Argentina, Australia, Canada, Chile, the Dominican Republic, Indonesia, Mexico, Papua New Guinea, Peru, the United States and Zimbabwe.
Read MoreAlamos Gold Inc. Young-Davidson Project. The Young-Davidson project is an Engineer, Procure and Construct (EPC) project that Cementation is currently constructing for Alamos Gold...
Read MoreAug 19, 2021· The Lewis project is located approximately 60 km northwest of the Nelligan deposit jointly held by Iamgold Corporation (75%) and Vanstar Mining Resources (25%). New high-grade gold showing: Golden ...
Read MoreAug 27, 2021· The War Eagle mining claims exhibit gold showings with similar characteristics to the Wawa Gold project's highly prospective Darwin-Grace structures, both of which are located in the McMurray ...
Read MoreNew Gold Inc. is a Canadian mining company that owns and operates the New Afton gold-silver-copper mine in British Columbia and the Rainy River gold-silver mine in Ontario, Canada. Through a Mexican subsidiary company, they also own the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico, which ceased operation in 2017.While New Gold was founded in 1980 for the purposes of mineral ...
Read MoreApr 22, 2021· White Metal Resources (TSXV: WHM) says it has discovered a new gold zone at its Tower Stock gold project, 45 km from Thunder Bay in northwestern Ontario's Shebandowan greenstone belt.. The company reported assays of 1.7 grams gold per tonne over 82.5 metres, including 3 grams gold per tonne over 45 metres, in drillhole TM-21-94, which was drilled about 340 metres south of the project's U-V ...
Read MoreSep 17, 2021· New Found Gold Intercepts 111.4 g/t Au over 2.65 m and 76.8 g/t Au over 2.80 m at Lotto Main Vein: Doubles the Vertical Depth to 200 m. VANCOUVER, BC, Sept. 8, 2021 /CNW/ - New Found Gold Corp ...
Read MoreMay 06, 2021· The Salton Sea is one of numerous new mining proposals in a global gold rush to find new sources of metals and minerals needed for electric cars and renewable energy.
Read More2 · Thunder Bay, Ontario–(Newsfile Corp. – September 23, 2021) – White Metal Resources Corp. (TSXV: WHM) (FRA: CGK1) (OTC Pink: TNMLF) ("White Metal" or the "Company") is pleased to announce that it has discovered three new gold zones and has assay results for five diamond drill holes from the Phase 2 drilling program from its Flagship Tower Stock Gold Project (the "Project" or ...
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