gold equivalent


Also found in: Acronyms, Encyclopedia.

gold e·quiv·a·lent

a unit of power of the protective colloids; the number of milligrams of protective colloid just sufficient to prevent the precipitation of 10 mL of a 0.0053-0.0058% gold solution by the action of 1 mL of a 10% sodium chloride solution.
Synonym(s): gold number
References in periodicals archive ?
The company's average 2011 production cost of sales is expected to be approximately USD600 per gold equivalent ounce, within the guidance range.
59% Cu, containing 360,000 ounces of gold equivalent (based on US$400 Au/oz, $6.
CVR informed ASX of its gold equivalent production figures on 30 April 2013.
Minesite cash costs during the first five years are estimated at $304/oz on a gold equivalent basis.
2 Moz on a gold equivalent basis (65% attributable equals 11.
28 million ounces of gold equivalent in the Measured & Indicated Resource categories and a further 7.
47 million ounces gold equivalent at a cut-off of 0.
At full production, Hollister should produce 180,000 ounces of gold and 920,000 ounces of silver at a cost of $114/ounce of gold equivalent.
The combined company will be a dual-listed intermediate producer with an international portfolio of precious metals assets including high grade resources of one million gold equivalent ounces.
During the 2008 second quarter, the company produced 43,465 ounces of gold and 1,445,887 ounces of silver, or 71,154 gold equivalent ounces at a total cash cost of CDD506 per gold equivalent ounce, which represents a 52% increase over the 2007 third quarter production and a 34% improvement in cash costs.
6M oz/yr silver, or about 160K oz/yr gold equivalent.
1 million ounces of silver, or 122,800 ounces of gold equivalent production per year when using gold to silver ratio of 65:1.