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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Golconda Gold Ltd. is a gold producer and explorer with mining operations and exploration tenements in South Africa and the United States. Its principal business activities are the exploration, development, and operation of gold mining properties. It operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively, the Galaxy Property) located in the Republic of South Africa (South Africa), through subsidiaries located in Mauritius and South Africa; and a mine and processing infrastructure located in the United States of America (the Summit Property). Its Galaxy gold property is situated about eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers 58.6 square kilometers and is part of the Barberton Greenstone Belt.


TSXV:GG - Post by User

Bullboard Posts
Comment by johnathamiltonon Jul 09, 2012 4:03pm
298 Views
Post# 20095772

RE: RE: Copper is the problem

RE: RE: Copper is the problem

Um... I hate to say I found this on the internet, but on the Goldcorp corporate website I found the following:

"Goldcorp also provided cash cost guidance for the 2012 year. The Company expects to produce approximately 2.6 million ounces of gold at a total cash cost of per ounce on a by-product basis and per ounce on a co-product basis. Forecast 2012 silver production of approximately 34 million ounces (including approximately 26 million ounces at Peñasquito) would place Goldcorp among the largest silver producers in the world. Copper production is forecast at approximately 110 million pounds; zinc production is expected to be approximately 400 million pounds and lead production is forecast at approximately 180 million pounds."

J@H

Bullboard Posts