Mine in Brazil set to produce gold 1/3 below average industry cost

By Anthony Halley

Australia’s Beadell Resources Ltd. (BDR) claims that with low taxes and labour, its northern Brazil mine will produce gold at 32% less cost than the global average.

Beadell predicts that its Tucano mine in the state of Amapa will become Brazil’s third largest gold producer by the end of the …read more

Other Favorite Posts You Might Like...

Britain plunges into deep sea mining with American... By Kerry Hall Britain's prime minister announced Thursday the country would partner with an American company to mine the depths of the Pacific Ocean for metals and rare earth minerals, reports the G...
Judge clears JP Morgan of silver price conspiracy By Anthony Halley A US district court judge has cleared JP Morgan Chase & Co of accusations by a group of investors that the company conspired to push down silver prices. The plaintiffs were una...
Holiday Jewelry is For Everyone! If you’re looking for a special something for your loved one this holiday season, who can say no to jewelry? From diamond engagement rings for that next level of commitment to a finely tailored wa...