hole lotta gold

Submitted: Tuesday, Aug 20, 2013 at 11:35
ThreadID: 103959 Views:1734 Replies:3 FollowUps:5
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While going through our photos taken at a mine public lookout recently at Ravenswood, I spotted this one where the company states " Nolans Pit gets 2 million tonnes of gold per annum"
Thats either a massive boost to royalties or a missprint, and should be ammended to gold bearing ore. The public display has, by its faded condition been there a fair while and if the statement is ammiss I would have thought the company wuold have corrected it to protect their reporting integrity
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Reply By: Member - David M (SA) - Tuesday, Aug 20, 2013 at 12:35

Tuesday, Aug 20, 2013 at 12:35
At a guess I think it should say 2 million ounces.
Cheers,Dave.
AnswerID: 516776

Follow Up By: get outmore - Wednesday, Aug 21, 2013 at 00:57

Wednesday, Aug 21, 2013 at 00:57
trust me there NOT getting 2,000,000 ounces

lol
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Follow Up By: Member - David M (SA) - Wednesday, Aug 21, 2013 at 09:39

Wednesday, Aug 21, 2013 at 09:39
Well they will just have to try harder and dig a BIGGER hole.
Cheers,Dave.
PS. If I knew how to insert smiley I would.
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Reply By: Rockape - Tuesday, Aug 20, 2013 at 13:32

Tuesday, Aug 20, 2013 at 13:32
Ken,
Maybe 2 million tonnes of ore processed per year or 200,000 ounces of gold won per year from the ore.

That mine does not a high grade ore.
AnswerID: 516783

Follow Up By: Member - ken m4 - Tuesday, Aug 20, 2013 at 13:40

Tuesday, Aug 20, 2013 at 13:40
I thought it would be something along that line RA. The sticking point is that the company do not seem inclined to correct the print mistake, but allow the visitor to ingest and spread the untruth.
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Reply By: Bravo Man - Tuesday, Aug 20, 2013 at 21:08

Tuesday, Aug 20, 2013 at 21:08
Hi Ken.

I just looked up on Wikipedia the total amount of gold produced world wide up to the end of 2011 was 171,000 tons,

Regards Peter
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Follow Up By: get outmore - Wednesday, Aug 21, 2013 at 06:51

Wednesday, Aug 21, 2013 at 06:51
138000 last year according to thier website
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Follow Up By: Bravo Man - Wednesday, Aug 21, 2013 at 09:47

Wednesday, Aug 21, 2013 at 09:47
Another web site said 163,000. Which one do you beleive
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