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...

Search for a Hammer Leads to Discovery of Hoxne Ho... Reconstruction of the Hoxne treasure chest Have you ever been on a search for something you misplaced and end up finding something else of tremendous value? Yeah, neither have we. This is wha...
US raises serious concerns over Oyu Tolgoi's ... By Frik Els World number two miner Rio Tinto (LON:ASX) has suffered another setback at Oyu Tolgoi in Mongolia after the US refused to vote on World Bank funding to expand the massive copper-gold pro...
BHP drops 4% as Kloppers departs By Frik Els BHP Billiton (ASX: BHP)(LON: BHP)(NYSE: BHP) slumped more than 4% in New York a day after announcing a drop in profits and the departure of CEO Marius Kloppers. South African-born Kloppe...