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Río Negro is a province of Argentina, located at the northern edge of Patagonia. Neighboring provinces are from the south clockwise Chubut, Neuquén, Mendoza, La Pampa and Buenos Aires. To the east lies the Atlantic Ocean.
Santa Cruz Province is a province of Argentina, located in the southern part of the country, in Patagonia. It borders Chubut Province to the north, and Chile to the west and south, with an Atlantic coast on its east. Santa Cruz is the second-largest province of the country, and the least densely populated in mainland Argentina.
Barrick Gold Corporation is the second-largest gold mining company in the world, after Newmont Corporation. Headquartered in Toronto, Ontario, Canada, it has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2019, it produced 5.5 million ounces of gold at all-in sustaining costs of $894/ounce and 432 million pounds of copper at all-in sustaining costs of $2.52/pound. As of December 31, 2019, the company had 71 million ounces of proven and probable gold reserves.
Eldorado Gold Corporation is a Canadian company that owns and operates gold mines in Turkey, Greece and Canada. Since its merger with European Goldfields in 2011 the company has been pursuing the development of the Skouries mine, Olympias mine and Stratoni mine in Greece. The company previously developed and operated gold mines in China, Brazil and Mexico. Headquartered in Vancouver and listed on the Toronto and New York Stock Exchanges, Eldorado Gold has developed and operated assets from several merged companies HRC Developments Corporation, Afcan Mining Corporation, Sino Gold Mining, Brazauro Resources, Integra Gold, as well as European Goldfields.
Yanacocha is a gold mine in the Cajamarca region of the Northern Highlands, the poorest province of Peru. Considered to be the fourth largest gold mine in the world, it produced 0.97 million ounces of gold in 2014. The 251-square kilometer open pit mine is situated about 30 kilometers north of Cajamarca, in high pampa, straddling the watershed. The operation is a joint venture between Newmont Goldcorp, Compañia de Minas Buenaventura (43.65%) and the International Finance Corporation (5%).
Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and reclamation. Goldcorp’s operating assets included four mines in Canada, two mines in Mexico, and four in Central and South America. As of the third quarter of 2014, Goldcorp was the world's fourth-largest producer of gold. On January 14, 2019, Goldcorp agreed to a merger acquisition by Newmont Mining Corporation, the world’s second-largest producer of gold, with the merged “Newmont Goldcorp” to be the world’s largest producer.
Yamana Gold Inc. is a Canadian company that owns and operates gold, silver and copper mines in Canada, Chile, Brazil and Argentina. Headquartered in Toronto, the company was founded in 1994 and became listed on the Toronto Stock Exchange in 1995 and on the New York Stock Exchange in 2007. The company became a gold producer after its 2003 re-restructuring in which Peter Marrone took over as Chief Executive Officer and it merged with Brazilian company Santa Elina Mines Corporation. The combined company was able to use Yamana's access to capital with Santa Elina development properties to bring the Chapada mine into production. From there the company combined with other TSX-listed companies RNC Gold, Desert Sun Mining, Viceroy Exploration, Northern Orion Resources, Meridian Gold, Osisko Mining and Extorre Gold Mines which each contributed either a producing mine or a development project that was able to come into commercial production.
Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates eight active gold mines, and was ranked fourth of the "10 Top Gold-mining Companies" of 2017 by InvestNews. The company's mines are located in Brazil, Ghana, Mauritania, Russia and the United States. It trades under the KGC ticker in the New York Stock Exchange and under K in the Toronto Stock Exchange.
Gold mining in the United States has taken place continually since the discovery of gold at the Reed farm in North Carolina in 1799. The first documented occurrence of gold was in Virginia in 1782. Some minor gold production took place in North Carolina as early as 1793, but created no excitement. The discovery on the Reed farm in 1799 which was identified as gold in 1802 and subsequently mined marked the first commercial production.
Coeur Mining, Inc. is a precious metals mining company listed on the New York Stock exchange. It operates five mines located in North America. Coeur employs 2,200 people and in 2012 it was the world's 9th largest silver producer. In 2013 the company changed its name to Coeur Mining, Inc. from Coeur d'Alene Mines and moved its head office to Chicago, Illinois from Coeur d'Alene, Idaho.
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis.
The Cerro Vanguardia Mine is a gold and silver mine located 150 km north west of Puerto San Julián, in the Santa Cruz province of Argentina. It is majority-owned and operated by AngloGold Ashanti, which holds a 92.5% interest in the mine. The remaining 7.5% are owned by Formicruz, a company owned by the province of Santa Cruz.
Wheaton Precious Metals Corp. is a multinational precious metals streaming company. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies as a by-product of their main operations.
New Gold Inc. is a Canadian mining company that owns and operates the New Afton gold-silver-copper mine in British Columbia and the Rainy River gold-silver mine in Ontario, Canada. Through a Mexican subsidiary company, they also own the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico, which ceased operation in 2017. While New Gold was founded in 1980 for the purposes of mineral exploration, the company became a mine operator with its merger of Peak Gold and Metallica Resources in 2008. A fourth company, Western Goldfields, joined in 2009. Together they operated the Peak mine in Australia and Mesquite Mine in California but sold both in 2018. Headquartered in Toronto, shares of the company are traded on the Toronto and New York Stock Exchanges.
The El Indio Gold Belt is a mineral-rich region spanning the border between Chile and Argentina that contains large quantities of gold, silver and copper. On both sides of the border the belt is located within the Andes. The El Indio mine within the district was the first modern mine in Chile to produce gold as its main product. In Chile the main precious metal containing mineral is enargite. The El Indio belt is bordered in the north by another gold-silver mining district known as the Frontera District. Rodalquilarite, alunite and poughite are some of the minerals present in the area. The deposits of the belt formed during the Late Miocene period.
Gold Rush is a reality television series that airs on Discovery and its affiliates worldwide. The series follows the placer gold mining efforts of various family-run mining companies, mostly in the Klondike region of Dawson City, Yukon, Canada. In its 10th season as of early 2020, prior seasons also included mining efforts in South America and western North America.
Pascua-Lama is an open pit mining project of gold, silver, copper and other minerals. Pascua Lama is located in the Andes mountains, in the southern reaches of Atacama Desert, straddling the border between Chile and Argentina at an altitude of over 4,500 metres. Toronto-based Barrick Gold, the world's largest gold mining company, is developing the project. Due to its proximity to glaciers, Pascua-Lama has caused controversy and public protest in Chile, including demonstrations and petitions presented to the Chilean government. Chile has not approved the project.
SSR Mining, formerly Silver Standard Resources is a Vancouver based gold, silver, zinc and tin producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the America's and Australia. Though its assets consist of 14 properties scattered across three continents it currently receives revenue from only one operation. Silver Standard also has a total gold resource of over 3.5 million ounces though 2P reserves represent only 5%. 12 of the 14 projects are 100% owned (exceptions are San Luis and Maverick Springs is. Not surprisingly a lot of its silver is in Mexico, Peru, the USA and Australia.
The Pueblo Viejo mine is a gold mine located in the north-central region of the Dominican Republic in the Sánchez Ramírez Province. It is the largest gold mine in the Americas and eighth largest in the world. It is also the first exploited mine by the Spaniards in America. The mine produced 581,000 ounces of gold in 2018 and 6.55 million ounces of gold in reserve. The mine, run by the Pueblo Viejo Dominicana Corporation, is 60% owned by Barrick Gold and 40% owned by Newmont Goldcorp. It was formerly operated by the Dominican mining group Rosario Dominicana, S. A., which had exploited Pueblo Viejo from 1975 to 1999 when it went bankrupt.
References
- 1 2 "Cerro Negro - Overview & Operating Highlights". goldcorp.com. 2013. Archived from the original on 2013-05-30. Retrieved 2013-06-18.
- ↑ "Cerro Negro - Province of Argentina Gold Mine". m3eng.com. 2014. Archived from the original on 2015-04-02. Retrieved 2014-11-27.