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Bre-X was a group of companies in Canada. Bre-X Minerals Ltd., a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang [ id], East Kalimantan, Indonesia. Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts ...
Homestake Mining Company. Homestake Mining Company was one of the largest gold mining businesses in the United States and the owner of the Homestake Mine in Lead, South Dakota. Founded in 1877, it was acquired by Barrick Gold in December 2001. Homestake was the longest-listed stock in the history of the New York Stock Exchange .
The HUI Index was developed with a base value of 200.00 as of March 15, 1996. The NYSE Arca Gold BUGS Index currently consists of 15 of the largest and most widely held public gold production companies. [3] Since bottoming in late 2000, HUI went on to be the top-performing US stock sector of the decade, rising by about 1600%.
Coordinates: 44°21′22″N 103°45′53″W. The Homestake Mine pit in Lead, South Dakota. Typical auriferous greenschist gold ore from the Homestake Mine. Two small masses of native gold (Au) are visible near the bottom right. The Homestake Mine was a deep underground gold mine (8,000 feet or 2,438 m) located in Lead, South Dakota.
In 2020 mining overall contributed $9.5 billion to the state's economy, $8.4 billion from gold and silver mining (all silver produced in Nevada is as a by-product from gold mining). Gold production from Nevada was higher than any other U.S. state, 4,632,690 troy ounces (144,090 kg) in 2020 (a decrease of 4.8% on 2019), accounting for 76% of ...
Eldorado Gold increased the gold production from 64,298 ounces in 2005 to 632,539 ounces in 2010, despite the closure of the São Bento in 2007, [3] by bringing Kişladağ into production in 2006, acquiring the Toronto Stock Exchange-listed Afcan Mining Corporation for its Tanjianshan Mine which it had acquired two years previous from Sino Gold ...
Trends in five of the top seven gold-producing countries. This is a list of countries by gold production in 2022. [ 1] Until 2006, South Africa was the world's largest gold producer. In 2007, increasing production from other countries and declining production from South Africa meant that China became the largest producer, although no country ...
Gold extraction. Cyanide leaching "heap" at a gold mining operation near Elko, Nevada. On top of the large mounds of ore, are sprinklers dispensing a solution of cyanide. Gold extraction is the extraction of gold from dilute ores using a combination of chemical processes. Gold mining produces about 3600 tons annually, [ 1] and another 300 tons ...