break even on gold mining industry average

Stocks Stay Near Break-Even Line; Miner Buenaventura Recovers ...

Aug 25, 2016 ... ... break-even lines midday Thursday, but some gold mining stocks recovered ... Peru's Buenaventura was one of the mining stocks finding support Thursday at the 50-day moving average line. ... 1 among 197 industry groups.

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What Was The Primary Miners Break-Even Silver Price Q1 2014 ...

Jun 9, 2014 ... ... 12 primary silver miners were able to lower their average estimated break-even ... Even though these mining companies were able to lower costs, it is not a .... As with gold… and silver… keeping the cost of the other metals...

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Gold mining

It is impossible to know the exact date that humans first began to mine gold, but some of the .... Such operations are typical on New Zealand's South Island and in the .... Barrick Gold, Goldcor...

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Rentier nation: Landlordism, patronage and power in Guyana's gold ...

Jun 15, 2016 ... This review of tenure arrangements in the gold mining sector .... Even after the Omai Gold Mine Ltd. disaster in 1995 when 1.2 billion litres of ... international gold prices during the past 15 years from an average of ...... In November 2014, miners were claiming that the break-even price was US$ 1400/ounce.

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Gold And Silver Headwinds: Lower Mining Costs | Seeking Alpha

Feb 4, 2015 ... First Majestic Silver (NYSE:AG) had an average all-in cost of about $19 ... A reduction in mining costs is great news for the mining industry and...

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One Thing You Should Know About the Real Price of Gold ...

Oct 23, 2013 ... They may be willing to operate near breakeven costs, at least ... The average home price in the U.S. is about $180,000, close to cost, ... Determining the cost to produce gold is harder for these diversified mining companies.

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Gold Fields - Media Releases

The gold mining industry is not spending enough to sustain the industry into the future. ..... Shares of Gold Fields Ltd. (NYSE:GFI) have earned an average rating of ..... New mining method nudging South Deep towards break-even - Gold Fields...

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High Break-Even Costs Weigh on Gold Miner ETFs | ETF Trends

Nov 20, 2014 ... The Market Vectors Gold Miners ETF (NYSEArca: GDX) has surged ... Specifically, Holland points out that the industry average maintains a cost...

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BREAK-EVEN GOLD NOW AT $1,300+ | Silver Doctors

Dec 11, 2012 ... Hardly no one (especially in the mining industry) is looking at this at all. That is why I ... 14 thoughts on “BREAK-EVEN GOLD NOW AT $1,300+”.

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The BIS-network dupes the gold mining industry | Zero Hedge

Aug 22, 2016 ... We concluded that there is in retrospect a combined average dollar gold price 2013 - 2015 needed of $ 1.890 per ounce to get break even...

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EARTHWORKS | Cyanide| Cyanide

The average large gold mine uses over 1,900 tons of cyanide per year. A rice grain-sized dose of cyanide can be fatal to humans and even smaller ... Mining companies use cyanide because it is extremely efficient at recovering gold from ore. ... a long term problem because it rapidly breaks down in surface water (streams...

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Five reasons mining companies are in a hole - Telegraph

Dec 23, 2015 ... Miners have had a terrible year in 2015 - and 2016 doesn't look like it will be ... iron ore industry," says Goldman Sachs, which predicts iron ore will average ... to the break-even point at which many miners stop making any money at all. ... Zimbabwe, Penhalonga, Independence Mine, gold miner using drill.

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Vast Resources gold mines break-even in first quarter - NewsDay ...

Feb 9, 2016 ... Vast Resources gold mines break-even in first quarter ... 15 400 tonnes per month at an average plant head grade of 197g per tonne producing...

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Gold Miners Are in Deep Schist | InvestorPlace

Apr 8, 2013 ... Quick quiz: On average, how much did it cost — in total — to dig up an ounce of gold when the ... This puts the gold mining industry in a tough spot. ... Many miners are getting alarmingly close to their breakeven price levels.

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Break Even Analysis - How to Calculate the Cut Off Grade

For conducting a mining project's break even analysis, you first need to know ... for an ounce of gold (which is actually the break even analysis for gold mining):...

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Gold Mining "Pretty Much" at Break-Even Worldwide on Price Slump ...

Dec 20, 2013 ... Gold Mining "Pretty Much" at Break-Even Worldwide on Price Slump ... are likely worse than break-even for the world's gold mining sector, according to ... put the average "all in" gold mining cost at $1200 per ounce worldwide, too. ... Pointing to the break-even price for gold miners as a possibl...

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Weak rand good for gold sector but ... | City Press

Aug 30, 2015 ... But it has done little to lift the long-term gloom shrouding the sector. ... rand has added some lustre to the value of gold sales for South African miners. ... The industry, on average, needs about $1 200 an ounce to break even.

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Coppers Talking Infrastructure - Aheadoftheherd

Each year the mining industry must come up with a major new gold ... profit margin over industry average break even costs, compared with gold's 52 per cent.

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At What Cost Are Gold Miners Digging Out Gold This Year? - Market ...

Jun 10, 2015 ... The average AISC for eight significant gold miners for 2015, as guided, ... Companies such as Barrick and Newmont are also engaging in ..... many of them are breaking even, and some of them are even making money.

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BMO: Gold Miners 'Far More Prepared' For Lower Prices Than ...

Jul 13, 2015 ... (Kitco News) - Gold-mining companies are “far more prepared” for ... gold with an average FCF breakeven gold price of US$1,135/oz for 2016E,” BMO said. ... “Companies with the lowest FCF breakeven gold price include...

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