20% increase in production
Pan African Resources takes Barberton project in production
The precious metals producer Pan African Resources (WKN 913531) has the production, recorded at its Barberton project where waste is processed again. The first gold was poured on Friday.
The project, which is located on the Barberton mines of the company should reach its full capacity of 100, 000 tonnes of gold tailings per month at an average grade of 0.52 grams gold per tonne until the second quarter of 2014. The average cash cost the company estimates it at 800 USD per ounce.
According to Pan African is the project whose life is currently estimated at six years, increase the output of the Barberton gold mine by 20% to 115, 000 ounces per year. The 305 million rand project is expensive while 12, 000 tonnes of waste per month sourced from the nearby concentration plant of the Fairview Mine by pipeline. The remaining 88, 000 tons per month should come from the adjacent Bramber tailings deposit.
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Source: www.goldinvest.de
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Metal Clay Jewelry: Projects. Techniques. Inspirations. Book (North Light Books) |
No wonder gold prices are plummeting
2008-08-15 08:04:49 by -It is old fashioned market manipulation. The U.S. mint is in on it to artificially prop up the dollar. Now, we will have a dollar bubble.
"U.S. mint suspends gold coin sales; futures price is a fiction
Submitted by cpowell on Fri, 2008-08-15 04:27. Section: Daily Dispatches
12:25a ET Friday, August 15, 2008
Dear Friend of GATA and Gold:
The U.S. Mint has suspended sales of American eagle gold coins and is refusing orders from dealers, two coin and bullion dealers confirmed Thursday
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@Kay-Lynn: Time to buy some supplies for use in my jewellery workshop. All of the precious metals and gems? Maybe not quite yet.
@StrategyPeach @AllThingsBTC you should buy now, it will zoom to 1000 because it needs to deflect from precious metals, then sell bef crash
Jul 22, 2009 by jensen.fan | Posted in Hobbies & Crafts
I want to add pmc gold or silver (probably silver) to an iron medallion a blacksmith friend created for me but I m concerned that the pmc won t bond to the iron when I fire it and the silver will just fall off.
Without specific experience with PMC, I think you are going to have to paint the iron with flux to deal with the oxides. The silver is soft enough that the difference in coefficients of expansion may be irrelevant. Before doing it with your medallion, I think a test on a piece of scrap iron from the blacksmith would be in order.