Rising wealth fosters demand for technology and luxury products securing a lasting demand for gold. However, if you want to run a sustainable business, you need a more economically viable mean of extracting gold from existing reserves as well as from refractory, low-grade ores.
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Patrick Makhule, 38, who has been in the gold mining business for the last 15 years, decried the exploitation of miners by middlemen who buy their gold and sell it again, often on the black market, making huge profits. "The middlemen pay us between $10 to $25 per gram and then sell it in European markets and Middle East… If we had a direct market devoid of the middlemen, we would be ...
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Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) announced plans to construct a new 3,000 tonnes per day mill and tailings storage facility in the Ying Mining District of China. In a statement, the silver miner said that the project will give the company additional capacity to grow its existing mining operations at Ying after recent drilling programs have uncovered new resources.
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How Golder Used Machine Learning to Help a Gold Mine Optimize Operations. As a subset of Artificial intelligence (AI), the capabilities of Machine Learning (ML) have improved significantly, allowing companies to optimize and improve a wide range of business operations. Mining companies are no exception and are taking advantage of ML to improve ...
Our company is the manufacturing and export base for heavy mining machinery in China. There are more than 500 sets processing equipment, mainly including double-pillar (digital control) vertical lathe (15m, 12m, 10m, 6.3m, 5m, 4m, 2.5m), heavy hobbing machine (12m, 10m, 8m, 5m, 3.15m), TPX6213*78 floor-type boring machine made by Zhongde ...
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The major structure of the machine follows the technical data about gold washing from KNUDSEN, Australian mining company. The machine is primarily applied for washing and separating placer gold at a size of minus 4mm and is capable of recovering natural gold grains at sizes of over 15 um.
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VANCOUVER, British Columbia, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) ("PureGold" or the "Company"), reports its third quarter 2021 summary financial and operating results. The Company's unaudited condensed interim financial statements and related management's discussion and analysis for the three and nine months ended …
The plan for less overall gold production at Livengood improves the project's economics by actually scaling up production, but doing it over a shorter mine life. The revised operational strategy ...
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