2015-4-21 THE REAL COST OF MINING GOLD CipherResearch January 30, 2015 INTRODUCTION It is perplexing that in the post Enron(s), post Financial Crisis era of increased regulations, designed to improve disclosure and transparency in the markets, the costs to mine gold remain such a mystery. Measuring and
Read More2015-2-13 We conclude that Cipher’s calculation of Total Cost/oz Au-eq is a more accurate measure of the real cost of mining gold and is a better way to evaluate gold mining
Read More2015-2-4 We conclude that Cipher’s calculation of Total Cost/oz Au-eq is a more accurate measure of the real cost of mining gold and is a better way to evaluate gold mining companies for investment purposes. Classification of costs in mining is challenging due to the nature of operations.
Read More2016-4-11 In the Real Cost of Mining Gold we examine cost reporting in mining which can be made obscure by conventionally used non–GAAP measures. We standardized and reviewed the financial ratios of seven major mining companies historically and rated them based on
Read More2013-5-21 How Top Gold Mining Stocks Performed in 2020. Gold mining stocks and the GDX saw strong returns in 2020 as gold was one of the most resilient and best performing assets in a highly volatile year.. But picking gold mining stocks isn’t easy,
Read More2013-9-14 The Real Cost of Gold in the Philippines. The sign at the entrance to OceanaGold's mine in the Philippines. Photo by John Cavanagh. ... For mining executives and for too many governments, the bottom line seems to be the yearly 100,000 ounces of gold
Read MoreBy William Laurance. The price of gold has risen sharply in the last five years (Image: Kitco) Watch a slideshow of the effects of mining. GOLD fever is upon us.
Read MoreBulgaria: The Real Cost of Gold. This slideshow was also published in The Atlantic. In 2005 when Dundee Precious Metals, a Canadian mining company, announced the discovery of a large gold deposit near the town of Krumovgrad in the...
Read MoreThe 8 Stages of the Gold Mining Cycle. Gold mining is uncertain, expensive, competitive, and highly intensive. In 2014, the Minerals Council of Australia broke down the typical mining cycle into eight stages. The most expensive stages are 4, 5, and 6. Generative Stage; The process of discovering mineable gold
Read More2017-11-8 The "Real Cost" article introduces the concept of an Adequacy Ratio, which is a nice tool that attempts to provide a common basis for comparing gold mining companies over time. Find Mickey's original musing on the real cost of gold mining here. Alongside the release of the "Real Cost" article, there were a series of videos posted to youtube.
Read More2015-4-17 When we say “real” cost we usually talk about the ASIC or All-in-Sustaining-Cost which includes costs of not just mining and producing gold now but keeping up future supply and normal real world overheads. GFMS Thomson Reuters have established their own All-in-Costs model which is even more all-encompassing as a ‘stay in business’ metric.
Read More2014-9-19 A scan of major gold producers' earnings suggests the cost of mining gold has risen dramatically over the past few years. Part of that is a true increase, owing
Read MoreMining: The process by which mineral resources are extracted from the earth is called mining. Mining provides various benefits in the form of various minerals such as iron, aluminum, and gold which are extracted by mining. The real cost of gold is less than paid by most of the people.
Read MoreBulgaria: The Real Cost of Gold. This slideshow was also published in The Atlantic. In 2005 when Dundee Precious Metals, a Canadian mining company, announced the discovery of a large gold deposit near the town of Krumovgrad in the...
Read MoreIndividuals, businesses, and governments continue to clamor for more gold. Gold reserves are finite, and pulling new gold out of the ground can be very expensive. In fact, it is common to hear industry insiders cite $1,200 as the all-in cost for mining a single ounce of gold.
Read More2014-6-28 In a one-off event, BRE-X, a Canadian gold mining scam, cost investors $6.5bn in the biggest mining scandal of all time (Ro, 2012). There are several other documented and
Read More2012-8-28 Gold Mining Cash Profit Margins in the 1980 and 1990s 1,200 1,400 1,600 1,200 1,400 1,600 Gold $/Ounce $/Ounce The Price of Gold and Cash Operating Costs of Production Annual Data, Through 2011 700 800 900 1,000 700 800 900 1,000 $ Margin between Gold Price and Cash Cost Annual, Through 2011 $/Ounce $/Ounce 0 200 400 600 800 1,000 0 200 400 600 ...
Read More2013-9-14 The Real Cost of Gold in the Philippines. The sign at the entrance to OceanaGold's mine in the Philippines. Photo by John Cavanagh. ... For mining executives and for too many governments, the bottom line seems to be the yearly 100,000 ounces of gold (valued at $130 million) that OceanaGold projects to extract from this once verdant mountainside ...
Read MoreGold Rush has managed to remain popular even though it is closing in on its first decade of existence.There have been huge shake-ups, but for the most part, the core elements have managed to ...
Read More2014-8-27 Counting the real cost of gold – the reality of artisan mining 27 August 2014 (Last Updated August 27th, 2014 18:30) A book recently published by the Pulitzer Center details the human and environmental struggles behind the global gold industry.
Read More2014-9-19 A scan of major gold producers' earnings suggests the cost of mining gold has risen dramatically over the past few years. Part of that is a true increase, owing
Read MoreIndividuals, businesses, and governments continue to clamor for more gold. Gold reserves are finite, and pulling new gold out of the ground can be very expensive. In fact, it is common to hear industry insiders cite $1,200 as the all-in cost for mining a single ounce of gold.
Read More2013-9-14 The Real Cost of Gold in the Philippines. The sign at the entrance to OceanaGold's mine in the Philippines. Photo by John Cavanagh. ... For mining executives and for too many governments, the bottom line seems to be the yearly 100,000 ounces of gold (valued at $130 million) that OceanaGold projects to extract from this once verdant mountainside ...
Read More2014-6-28 In a one-off event, BRE-X, a Canadian gold mining scam, cost investors $6.5bn in the biggest mining scandal of all time (Ro, 2012). There are several other documented and
Read More2009-11-27 So if the average global cost to produce gold is $500 an ounce, I think gold's ultimate valuation floor may be near that level. Conclusion Indeed,
Read More2016-12-2 “Gold production in the third quarter was 1.38 million ounces, at a cost of sales applicable to gold of $766 per ounce, and all-in sustaining costs of $704 per ounce.” and “Cost of sales applicable to gold is expected to be $800-$850 per ounce for the full year.
Read More2019-9-5 The real cost issue was exacerbated by further relaxations by the WGC late last year to the definition of non-sustaining costs – effectively, Holland argues, delivering gold companies more flexibility in how costs are allocated.
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