Steppe Gold (TSX:STGO) announced a major drawdown of US$9.6 million from a US$150 million financing package in October to accelerate the construction and development of Phase 2 of its producing ATO gold mine in Mongolia. Steppe Gold Director and Executive VP Aneel Waraich considers it a big win and a significant endorsement for the company’s...
Tag: gold mining
Top 10 Gold Reserves by Country (Updated 2023)
Gold is one of the most important metals on the planet. For millennia it has been used in jewelry, art and currency, capturing the collective imagination as a thing of wonder. Gold’s association with royalty and wealth has inspired explorers and treasure hunters alike, who put themselves at risk for a chance to strike it...
Introduction to Gold Assaying and Gold Grades (Updated 2023)
Gold assaying is essential in determining the amount of gold in a mineral deposit. The process involves bringing a rock sample, most often a core obtained through drilling, to a laboratory where it is examined by experts. Assay results are often mapped and used to pinpoint targets for future drill programs. Gold assay values at...
What are Intrusion-related Gold Systems? (Updated 2023)
Gold is considered an important part of any investment portfolio, and gold stocks can offer investors exposure to the market without needing to actually hold any physical gold. But investing in gold-focused companies requires due diligence, as well as an understanding of the factors that can bring these entities success. Understanding gold deposit types is...
Top 10 Gold Reserves by Country (Updated 2023)
Gold is one of the most important metals on the planet. For millennia it has been used in jewelry, art and currency, capturing the collective imagination as a thing of wonder. Gold’s association with royalty and wealth has inspired explorers and treasure hunters alike, who put themselves at risk for a chance to strike it...