the mine was originally one of the world's major low-cost gold producers, but operating costs have increased. in 2004 it produced over one million ounces of gold at a cash cost of us$192 per ounce. its output fell to about 865,000 ounces in 2005, and has reached 572,595 ounces of gold at cash costs of us$515 per ounce in 2009.
goldcorp was officially incorporated in 1994. following a period of m&a activity, the company quickly grew to become a leading gold producer. the company is focused on responsible mining practices with safe, low-cost production in areas of low political risk. through the consistent application of its business strategy, goldcorp has achieved .
the company's recent joint acquisition of osisko mining with agnico eagle mines nyse: aem gives the company access to a low-cost gold asset in the canadian malartic mine. according to yamana .
bhp billiton is not primarily a gold miner, but it does have some gold mining operations. . focused on gold, then yamana's low-cost operations are worth checking out. . don't buy gold as an .
anglogold merged with junior partner golden cycle gold corporation in 2008 and thereby acquired the remaining 33% of the project. the mine is a low-cost, low-yield open pit operation, with grades well below one gram of gold per tonne of ore. in recent years, 2008 and 2009, the mine accounted for 5% of anglogold ashanti's worldwide production.
in the 13th and 14th centuries, bohemia was one of the main regions of gold production in europe. coal. the total production of coal in europe is about 15.14 million tons, translating to 3.9% of the total coal produced in the world, coal is preferred as a source of energy, due to its low cost compared to petroleum and natural gases.
again, in the example above, say a high-quality, low-cost gold miner has all-in total costs of $800 per ounce. in that case, a rise from $1,300 to $1,400 for gold prices would only boost this .
buying gold as an inflation hedge is always in vogue. the problem is that there is little assurance that gold will consistently increase in line with rising prices. in the past century there have