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In 1919, exploration of the mine found new gold veins. A new crushing plant was installed and the mine was re-opened. [3] In 1989 the Clogau Gold Mine was re-opened by William Roberts, founder of Clogau Gold of Wales Ltd. Gold extraction re-commenced between 1992 and 1998, with small-scale mining providing the gold for Clogau Gold jewellery.
When customers are told that the reason for a price reduction is a stock clearance, they find this less attractive than other explanations such as a volume discount. [1] This is because they suspect that the stock clearance indicates that the products are of poor quality. There are a number of companies that specialise in stock clearance.
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
A market-clearing price is the price of a good or service at which the quantity supplied equals the quantity demanded, also called the equilibrium price. [2] The theory claims that markets tend to move toward this price. Supply is fixed for a one-time sale of goods, so the market-clearing price is simply the maximum price at which all items can ...
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