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Jul 16, 20150183;32;In 2012, two barges carrying high grade gold ore presumably from Avlayakan mine, capsized and sank in the Okhotsk Sea. With remarkable 18.2 g/t ore grade, this open pit mine

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The World Gold Council defines a high quality underground mine as having a gold ore density between 8 and 10 g/t (grams per ton), while a low quality underground mine has a gold ore density of 1

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The World Gold Council defines a high quality underground mine as having a gold ore density between 8 and 10 g/t (grams per ton), while a low quality underground mine has a gold ore density of 1

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The price of gold broke a three year losing streak in 2016, but the focus of the worlds top gold mining companies in terms of output continued to be on cost cutting and divestment (with varying

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For example, lets say that a mine was processing ore valued at 1 troy ounce of gold per ton. This would generally be considered a very high grade ore, worth mining in most cases. Using this hypothetical value of 1 ozt./ton, each pound of ore would contain approximately 0.0005 ounces of gold.

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