(redirected from Gold Equivalent)
Also found in: Medical, Encyclopedia.
AuEqGold Equivalent
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
The remaining unmined 17.1m of the Los Ricos vein averaged 6.45 g/t gold equivalent made up of 1.59 g/t gold and 364.2 g/t silver; including a 5.6m interval averaging 14.72 g/t gold equivalent made up of 3.81 g/t gold and 818.1 g/t silver.
Segmentally, sales in the Mnogovershinnoye mine rose by 28% to 60,492 tonnes of gold and gold equivalent from 47,144 tonnes, and there was a small sales rise of 1.7% at Belaya Gora to 19,554 tonnes from 19,224 tonnes.
* The Rainy River Mine reported gold equivalent production of 66,765 ounces (66,013 ounces of gold and 66,157 ounces of silver) for the quarter.
The mine is expected to produce around 40,000 gold equivalent ounces annually.
By the end of 2019, the company plans to mine precious metals in the amount of 82,000-86,000 ounces of gold equivalent, of which from 65,000- 67,500 ounces will be gold.
At the end of the fourth quarter, the company said it had 32,000 gold equivalent ounces consisting of 25,000 gold ounces, 512,000 silver ounces and 400 tonnes of copper in its inventory.
Total cash costs and all-in sustaining costs were $749 and $1,081 per gold equivalent ounce.
Polymetal (POLY LN) increased production by 31% y-o-y to a record 1 063K oz of gold equivalent. Production of gold reached 589K oz (+33% y-o-y) while silver output rose by 33% to 26.5m oz.
The development is expected to allow the Fort Knox operation to produce about 450,000 ounces of gold equivalent in 2001, compared to actual production of 362,959 ounces in 2000.
Capital costs are estimated at $77 million, and total costs are forecast to be $180/oz of gold equivalent, at a silver:gold ratio of 60:1.
ENPNewswire-August 29, 2019--GoGold Drills 27.5m averaging 2.99 gt Gold Equivalent at Los Ricos and 11.6m averaging 2.71gt Gold Equivalent 1,500m southeast of the Main Zone