Barrick forecasts over $7 billion in pre-tax savings over 20 years, based on net present value — $4.7 billion of which will come from Nevada.
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Equinox plans to use the funds to move the Castle Mountain gold project forward in California.
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In 2018, the miner’s gold output barely reached the lower end its production guidance.
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The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.
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The button contains 37.69 oz. of .9999 fine silver, and is stamped with the Liberty Refinery purity mark.
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And Newmont CEO Gary Goldberg has the slides to prove it.
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The Vancouver-based firm exceeded the high end of its increased 2018 guidance of 19,000 ounces.
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If successful, the move will create the world’s largest gold company with a value of around $42 billion at current market prices.
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The Vancouver-based miner acquired all of the issued and outstanding shares of Nevada-based Tahoe.
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Pebble Project is one of the richest copper-gold deposits ever discovered.
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