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When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
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Over the life of the mine, it is estimated that it will produce an average annual of 85 million pounds of copper and 186,700 ounces of gold in 155,000 tonnes of concentrate. [1] In 2015 through 2019, the average annual production is projected to increase at approximately 94 million pounds of copper and 285,800 ounces of gold in 165,000 tonnes ...
QX Metals Corp. (previously known as Black Sea Copper & Gold Corp. and previously Alternative Earth Resources Inc.) is a Canadian multinational corporation that is active exploring a porphyry copper-gold deposit in the Bulgarian Rhodope Mountains. The company was first incorporated on April 13, 1995, and most recently changed its name from ...
Northgate operated the mine until its closure in 2011; that year Northgate was taken over by AuRico Gold. In 2014 AuRico Gold partitioned off its portion of Kemess Mine ownership creating a new company called AuRico Metals. AuRico Metals was acquired by Centerra Gold in January 2018. The deposit mined was a copper-gold porphyry. Over its life ...
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In 2019, Hudbay produced 137,179 tonnes of copper, 114,692 ounces of gold and 119,106 tonnes of zinc. The company reported that cash generated from operating activities decreased to $310.9 million from $479.6 million in 2018 and operating cash flow before change in non-cash working capital decreased to $307.3 million from $501.4 million in 2018.