GJ Town India

Gold production reaches to 81314 oz in 2018 Dynacor Gold Mines announces its 2018 gold production from its Veta Dorada Plant in Chala, Peru. In 2018, the Corporation achieved a new record level of production as it ended the year with gold production of 81,314 ounces, an increase of 1.8 % compared to 2017 (79,897 ounces). In December, the Corporation recorded its highest gold production month for 2018 as it processed 8,601 DMT of ore and produced 8,021 ounces of gold. Gold production in December was 20.4 % higher than the 2018 year to date monthly average. For 2018, the Veta-Dorada plant processed a total of 91,512 DMT of gold mineralized material compared to 76,918 DMT in 2017 a significant increase of 19.0%. The total volume of ore purchased in 2018, amounted to 90,977 DMT compared to 77,741 in 2017 an increase of 17.0%.

Parral Project grows 35% GoGold Resources production of 167,974 ounces of silver and 1,858 ounces of gold for 325,148 silver equivalent ounces at the Parral project during the quarter ended December 31, 2018, an increase of 35% from the previous quarter. Mr Brad Langille, President and CEO, stated “The quarter started off slow but we are very pleased with how quickly production improved with December being one of the best months we have had at Parral and we expect Parral will continue to improve in the current quarter”.  Production increased each month during the quarter and the Company expects that there will be continued improvement in the March 31, 2019 quarter. GoGold Resources is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico.  The Company’s Parral Tailings project is one of the lowest cash cost silver producers in the world. Headquartered in Halifax, NS, GoGold is bu...

Produces over 345K Oz of gold in 2018 SSR Mining Inc fourth quarter and year-end 2018 operating results & additionally, we are providing 2019 guidance report says, SSR Mining Achieved total annual production guidance and produced over 345,000 gold equivalent ounces in 2018 and over 88,000 gold equivalent ounces in the fourth quarter, meeting or exceeding initial guidance for a seventh consecutive year. SSR Mining delivered attributable gold equivalent production of over 335,000 ounces in 2018. Annual production of 205,160 ounces of gold in 2018, as fourth quarter gold production of 54,306 ounces led to Marigold mine exceeding the upper end of our revised annual guidance. Delivered record annual gold production at Seabee Mine, the operation achieved the highest annual production in its history, producing 95,602 ounces of gold in 2018, exceeding the top end of the upwardly revised annual guidance. Strong operating performance of Seabee in 2018 & that milled 352...

Gold production remained 32% lower YoY   “I am pleased to report that we have achieved gold production of 130,581 ounces for the fourth quarter, bringing our total gold production for the full year to 521,980 ounces.   This is substantially ahead of our initial production guidance for the year of 435,000 to 475,000 ounces. I am proud of the resilience, hard work and dedication shown by our people in realising this achievement despite a challenging operating environment.   Over the last 12 months we have focused on successfully stabilising the business, including a return to free cash flow generation in Q2, and I am pleased to report that we end the year with a net cash balance of US$88 million.” said Peter Geleta, Interim Chief Executive Officer. Gold production for the quarter of 130,581 ounces was slightly ahead of expectations, although 12% lower than the prior year mainly due to the transitioning of Buzwagi to a stockpile processing operation, par...

PM releases Commemorative Coin of Rs350 To mark birth anniversary of Guru Gobind Singh ji! Prime Minister Narendra Modi released a commemorative coin of Rs. 350 in the national capital to mark the birth anniversary celebrations of Guru Gobind Singh jee. He lauded the lofty ideals and values of the Guru Gobind Singh ji – the selfless service to humanity, devotion, heroism and sacrifice and urged the people to follow his path. The Prime Minister was addressing a select gathering at his residence, 7 Lok Kayan Marg after releasing the commemorative coin to mark the birth anniversary of Guru Gobind Singh jee. Mr. Modi said that Guru Gobind Singh ji was a great warrior, philosopher poet and guru. He fought against oppression and injustice. His teachings to people focused on breaking the barriers of religion and caste. His message of love, peace and sacrifice are equally relevant today. The Prime Minister said that Guru Gobind Singh Ji , his values and teachings   wil...

By describing positive results of the Preliminary Economic Assessment PEA K92 says, mining production and plant processing capacity could be increased to 400K tonnes per annum over a period of approximately 12 months. Over a 13-year period, the plant would treat 4.9 million tonnes averaging 9.0 g/t Au. 20 g/t Ag. Average production would be of over 120K Oz AuEq per annum with cash costs of US$429/ Oz AuEq and all-in sustaining costs. During the first five years, average production would remain over 145K Oz AuEq per annum with Initial Capital Cost of US$13.6 million for the expansion. John Lewins, K92, Canada, Chief Executive Officer, states, “The results of the PEA show a robust project capable of producing almost 650K ozs Au over the next five years and over 1.3 Mozs over a 13-year life. Importantly, development of a new project, but for an expansion of our producing Kainantu operation which produced over 45K ozs AuEq in 2018 at cash cost of below US$600/oz AuEq. ...

The US Mint will release the One Ounce Silver Proof Coin on January 10 The United States Mint (Mint) will release the 2019 American Eagle One Ounce Silver Proof Coin (product code 19EA) on January 10, at noon (EST). The coin is priced at $55.95.   This exquisite coin is struck on 99.9 percent fine silver blanks at the Mint’s West Point facility, where it is encapsulated and mounted in a satin-lined blue velvet presentation case with a Certificate of Authenticity. The obverse (heads) design features renowned sculptor Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left. The reverse (tails) design features former Mint Sculptor-Engraver John Mercanti’s rendition of a heraldic eagle with shield, an olive branch in the right talon and arrows in the left. The Mint accepts online orders. The United States Mint also produces numismatic products, i...

To be held on 8 at, Armani, Burj Khalifa DGCX-IBMC UAE Africa Gold Convention 2019, is a high level International event attended by Diplomats, Ministers, top Industry Leaders from  gold mines, refineries, jewelers, traders, import export companies from UAE and Africa is to be held on January 08, 2019 at, Armani, Burj Khalifa, Dubai, organised by DGCX & IBMC.   The primary objective of the event is to showcase the entire gamut of Gold trade and business activities in UAE and explore potential opportunities available to Gold businesses based in the continent of Africa and UAE. With greater focus on diversification of the business in the country and the region, the gold industry will have a greater role to play in the non-oil business in the UAE. This initiative will provide even greater support to African Gold mines, exporters and traders to explore UAE business and trade opportunities. With expected industry-wide participation, the conference is expected...

Gold Price of Rs 3,119 per gram for SGB December 24-28 Government of India, in consultation with the Reserve Bank of India, Sovereign Gold Bonds 2018-19 (Series IV) will be opened for the period December 24-28, 2018.  The issue price of the Bond during this subscription period i.e. December 24-28, 2018, shall be Rs3,119 (Rupees Three Thousand One Hundred Nineteen only) – per gram with Settlement on January 01, 2019, as also published by RBI on December 21, 2018.    Government of India in consultation with the Reserve Bank of India has decided to allow discount of Rs50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be Rs3,069 (Rupees Three Thousand Sixty Nine only) per gram of gold.

Over 80% gold recoveries By cyanide leach analysis Kootenay Silver reported that Aztec Minerals announced high gold recoveries were achieved by cyanide leach analysis of five drill holes from the California porphyry gold-copper prospect on the Cervantes property in Sonora, Mexico. Gold recoveries by cyanide leach analysis include 87% gold and 45% silver recovery over 98 meters in hole 18CER007, 84% gold and 54% silver over 106 meters in 18CER006, and 84% gold and 49% silver over 93.5 meters in hole 17CER003. Silver recoveries around 50% are considered normal for most oxide gold deposits, as silver has slower leach kinetics compared to gold. In conjunction with the recoveries from oxide material, significant cyanide leach results were also obtained from sulphide mineralization including 52% gold recovery in hole 18CER015 over 16 meters at 71-87 meters; and 73% gold recovery in hole 18CER010 over 40 meters at 96 to 136 meters.  Lower cyanide leach gold recoveries...

New launch in UAE Beauty Market Set to beautify all skin types and turn back time with its potent composition, the 24 Karat Mehrunisa Gold Elixir has made its way to the lands of the UAE. This rich, skin-enhancing oil founded by Mehrunisa Shahid, is a serum infused with ingredients used by the ancient worlds to enhance beauty and sustain youth, a proprietary blend of natural ingredients that help brighten, hydrate and nourish the skin.   Encapsulating skin regime in a black magic bottle, the 24 Karat Mehrunisa Gold Elixir is a blend of pure essential oils infused with 24 Karat Gold. It is the ultimate luxurious anti-ageing treatment that re-energizes, lifts and firms the skin. It minimizes the appearance of wrinkles, helps fade blemishes and lightens the skin. Use at night for an opulent glow and radiating complexion. It also contains naturally occurring sun block, making it the perfect addition to your morning skin ritual. Nothing short of a glistening miracle! T...

Expects Yaramoko to deliver about 150K Oz gold in 2019 Roxgold announced that the Bagassi South Project has been completed under budget and on schedule with the successful practical completion of its process plant expansion & has achieved practical completion of the processing plant expansion. Continuing ramp-up of the Bagassi South mine during the first quarter of 2019; commercial production is expected to be achieved in the second quarter 2019.   "We have marked yet another significant milestone in providing growth and value to our shareholders with the successful completion of our internally funded Bagassi South project, which has been completed on schedule and under budget," said John Dorward, President and Chief Executive Officer of Roxgold. "We are now looking forward to increasing production at Yaramoko and ramping up to full capacity at both the process plant and Bagassi South where we expect to deliver approximately 150,000 ounces of gold...

Kirkland Lake to grow production over 10% in 2021 to reach over 1mn Oz in 2021 Kirkland Lake Gold Ltd announced the Company’s full-year guidance for 2019, which includes strong production growth, improved unit costs and a continued strong commitment to exploration and growth. The Company also announced three-year production guidance, which includes the Fosterville Mine achieving over 500,000 ounces of production by 2020 and demonstrates the potential for consolidated production to reach one million ounces by 2021.   According to the 2019 guidance, production growth to 740K to 800K ounces, driven largely by significantly higher production at Fosterville, as well as increased production at Macassa. Exploration expenditures estimated at $100 – $120 million, including capitalized exploration expenditures, with $85 – $100 million targeted for Fosterville and the Northern Territory in Australia. For three-year production guidance it says, Kirkland Lake Gold is targeti...

Armenia gold imports-exports s lowdown  Export fall by 3.7% in H1 In the first half of 2018, Armenia exported 2325.1 kg of gold, including electroplating, against 2242.2 kg of gold a year earlier. According to the report of  the Customs Service of the Republic of Armenia, in fact, in terms of  weight, gold exports slowed down to 3.7% from 53% a year earlier.   In the first half of 2018, the customs value of exported gold increased by 8.7% to $ 82.2 million, up from 42.7% growth a year earlier. A similar trend is recorded for gold imports - in the first half of the year 2018 - volume growth slowed to 38.9%, reaching 947.4 kg, with growth of customs value by 49.3% - up to $ 40.3 million.  As a comparison note that in the first half of 2017 imported gold  increased in weight terms by 5.7 times, adequately what the customs  cost increased by 5.6 times.  During the reporting period, Armenia exported gold almost in...

Full year gold production to remain 200-220K Oz Asanko Gold announces record for Q3 says, gold production of 61,599 ounces, tracking higher end of H2 2018 guidance of 110K to 120K ounces. Quarterly gold sales of 65,267 ounces, generating US$78.2 million in gold revenue at an average realized price of US$1,198 per ounce!   Commenting on the quarter’s performance Peter Breese, President and CEO, said “The Asanko Gold Mine delivered a third consecutive quarter of solid production results for the year, tracking the top end of 2018 guidance with production of 61,599 ounces for the quarter and 163,329 ounces year to date. The mine is well positioned to meet full year gold production guidance of 200-220K ounces. The Esaase pre-production program is advancing according to plan, with site establishment well underway and preparations for the bulk sample exercise on schedule for Q4 2018, in anticipation of approval from the JV partners to commence mining in Q1 2019.” ...

Dynacor production  to be of 82K Oz of gold in 2018 Dynacor Gold Mines produced 7352 ounces of gold in September, an 11% monthly average increase from the previous 9M. The total amount of ore purchased in October also increased by 11% compared to the average of the previous 9M.  The Corporation expects to report its best quarter for 2018 at approximately 22,500 ounces for an annual total of 82,000 ounces of gold, a 2.6% year over year increase and all-time high over Dynacor’s last decade of production.   Dynacor Gold Mines Inc. is a gold production corporation headquartered in Montreal, Canada. The corporation is engaged in production through its government approved ore processing operations.  At present, Dynacor produces and explores in Peru where its management team has decades of experience and expertise.  In 2017, Dynacor produced 79897 ounces of gold, a 9% increase as compared with 2016 (73477 ounces). Dynacor trades on the Toronto S...