Goldcorp Halts El Morro Mine Due To Permit Rejection
Canadian Business reported that Goldcorp (NYSE:GG) stopped work at its Chile-based El Morro mine because its environmental permit was revoked by the government.
Canadian Business reported that Goldcorp (NYSE:GG) stopped work at its Chile-based El Morro mine because its environmental permit was revoked by the government.
With gold prices climbing ever higher and a new regime in place, Haiti may finally be able to realize its gold potential, but risks still remain.
Platts reported that Goldcorp (NYSE:GG) has received approval of the company's plans to develop the El Morro mine in Chile.
The majority of gold mined in Mexico is as a co-product, first, of silver, and secondly of copper. The bedrock beneath Mexico is laden with an intricate, and valuable network of vein deposits of minerals.
Nevada is home to the famous Carlin trend, one of the top three gold fields in the world. The Carlin and other mines along the trend pioneered the method of open-pit mining with cyanide heap leach recovery that today is used at large low-grade gold mines worldwide. The state is also home to other prolific gold trends, including the Cortez.
There are various factors to consider in determining the value of a gold deposit and world class deposit status, including estimated gold resource, the grade of the gold, the ease at which the gold can be mined and the cost of refining the gold.
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