Gold is an insurance against the devaluation of money, this is proven by the historical development. Physical gold in the form of coins or bars can be exchanged for any currency. Those who fear a currency crash will find a safe investment opportunity in the valuable metal. Gold will never become worthless, this has already happened with currencies, so the precious metal protects against financial crises. Just think of the financial crisis of 2007 to 2009, when gold, the oldest mean
Karora Resources Inc keeping up the momentum down under as gold miner continues to reduce costs and improve grades
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Karora Announces 2020 Results Including Record Annual Net Earnings of $88 Million, 2020 AISC Cost Guidance Beat, Along With Record Low 4Q20 AISC of US$912 per ounce
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Consolidated gold Measured and Indicated Mineral Resources increase by 167% to 2.52 million ounces
The new Consolidated gold Mineral Resources and Reserves will form the basis of Karora?s organic growth profile to be announced in the first quarter of 2021
Due to the very strong drilling results only recently received, an updated Spargos Reward Mineral Resource and Reserve will be completed in the first half of 2021 to incorporate the new high grade zone announced on November 18, 2020.
New Beta Hunt nickel Measured and Indicated Mineral Resource, the first since 2016, of 16,100 nickel tonnes
At Higginsville (HGO), re-estimation by Karora in 2020 of Westgold?s Historical Mineral Resources and Reserves1. has enabled these historical estimates to be classified as part of Karora?s current Mineral Resource and Reserve Inventory