gold equivalent

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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
Farlex Partner Medical Dictionary © Farlex 2012
References in periodicals archive ?
Second Quarter Production Highlights Gold Equivalent Produced (1) (oz) Q2 2019 H1 2019 2019 Guidance Rainy River 66,765 129,043 250,000-275,000 New Afton 65,791 126,777 215,000-245,000 Total Production 132,556 255,820 465,000-520,000 Gold Produced (oz) Q2 2019 H1 2019 Rainy River 66,013 127,570 245,000-270,000 New Afton 19,203 37,044 55,000-65,000 Total Production 85,216 164,614 300,000-335,000 Copper Produced (Mlbs) Q2 2019 H1 2019 New Afton Copper Produced (Mlbs) 21.6 41.1 75-85 (1.) Gold equivalent ounces include silver and copper ounces produced converted to a gold equivalent based on a ratio of the average spot market prices for the commodities for each period.
Hole LRGC-19-001 intersected from 23.3 to 27.2m, 3.9m averaging 3.95g/t gold equivalent made up of 1.59 g/t gold and 177.3 g/t silver.
The firm is on track to meet full year production guidance of 1.6 million ounces of gold equivalent, broadly flat year-on-year.
M2 EQUITYBITES-January 10, 2019-Royal Gold posts sale of 56,000 gold equivalent ounces in Q2 fiscal 2019
Global Banking News-January 10, 2019-Royal Gold posts sale of 56,000 gold equivalent ounces in Q2 fiscal 2019
International Resource News-April 5, 2018--Sandstorm Gold sells 14,650 attributable gold equivalent ounces in Q1 2018
We remain on track to produce a total of 130,000 gold equivalent ounces in 2013", stated Rob McEwen, Chief Owner.
OlchaaACAOs mineral JORC-inferred resource estimate is approximately 713koz of gold equivalent at an average grade of 2.4g/t.
Polymetal (POLY LN) increased production by 7% q-o-q to a record 317Koz in gold equivalent. Production for 9M 2012 totaled 818Koz, up 46% y-o-y on the back of strong growth at Omolon and Albazino-Amursk as well as improvement of grades at Khakanja.
Revenue of $9.3 million; Cash flow from operating activities of $7.1 million; Net income of $0.8 million or $0.01 per share; Attributable gold equivalent ounces produced1 of 6,425 ounces and attributable gold equivalent ounces2 sold of 5,359 ounces; Average cash cost per attributable gold equivalent ounce sold of $208, resulting in cash operating margins of $1,536 per ounce2; Increased revolving credit facility with CIBC and National Bank to US$75 million; Commenced trading on the NYSE American, LLC and Toronto Stock Exchange and Welcomed new institutions as shareholders as a result of the Gold Fields Limited secondary placement.