Gold mining is expensive, it may cause damage to the environment, which further increases the cost of production. When all risks and costs are taken into account, gold mining may not be as crude as it might seem at first glance. Sitting in Jinshan, this looks like a high-profile luxury at first glance. Although not as good as Jinshan Silver Hill lies to be glittering precious metal out there, after all, it is a symbol of strength. Therefore, in the eyes of many people, the gold mining company is a sign of wealth. Barrick Gold, the world's largest gold mining company, currently has a market capitalization of nearly $20 billion. However, when you compare it, you will find that it is an illusion to have a golden mountain to be rich. Not to mention the enemy, that is, some big companies can't stand it. Barrick Gold, the world's largest gold mining company, currently has a market capitalization of nearly $20 billion. Mining company BHP Billiton has a market capitalization of $100 billion. Apple, a technology giant with a market capitalization of $800 billion, is planning an IPO for Saudi Aramco. oil company's valuation will easily break trillion mark. Compared with these “big Mac†companies, the gold mining companies that own Jinshan are not that big. And the reason why Jinshan will look richer than other companies: On the one hand, it is due to historical and cultural factors - the symbol of wealth for thousands of years is a kind of "soft power"; on the other hand, the distribution of Jinshan is relatively scattered, and it is easier to see gold enterprises than the oligarchs. It is generally rich and rich. In the eyes of many people, gold mining companies are just dig out the gold buried in the ground. It is a profit, but in fact, it is much more difficult for gold companies to operate. The price of purchasing mobile phones from Apple's different foundry factories is similar. The profitability of gold mining is not so uniform, and the cost between one project and another is significantly different. At present, apart from Antarctica, there are gold mines mined on every continent. The Glasgow Indonesia project, owned by Freeport McMurray, is the world's largest gold mine with an estimated gold reserve of 71 million ounces. South Africa's South Shenzhen Gold Mine is close behind, with an estimated reserve of 39 million ounces. There are 34 gold mines with more than 3 billion ounces of gold reserves in the world, of which 18 are located in the Americas and 16 are in Africa. It is worth mentioning that Africa currently accounts for 30% of global gold production, with traditional gold producing countries like Ghana and South Africa, as well as emerging gold producers like Tanzania, Mali and Côte d'Ivoire. Gold mining companies must process tons of ore to get a few grams of gold. The average grade of the 50 largest gold mines in the world is currently 5.3 g/t. This means that people have to dig up 10 tons of ore to refine a golf-sized gold. In contrast, the Acacia gold mine in Tanzania can extract 9 grams of gold per ton of ore, which means that the Jinshan has a higher profit margin. However, the ore grade is only one indicator that affects the profitability of gold mining companies. Gold production costs have a variety of statistical calibers, including cash costs, total maintenance costs, operating costs and total costs. The cost breakdown of each type of caliber varies. South Africa's gold mining industry is at the highest operating cost in the world, where gold mines operate at $246 per ounce. In the case of operating costs, South Africa's gold mining industry is among the highest in global operating costs, where gold mines operate at $246 per ounce, compared to US$189 per ounce in US and ounces per ounce in Canada. $169. The lowest cost of production is in North America, with a cash cost of $598 per ounce. This is followed by Europe at $699 per ounce. The highest cost is in Africa, at $957 per ounce. From a full cost perspective, according to company statistics, Canada's gold cost is about $1,050 per ounce; Newmont is $900 per ounce, and Barrick's gold costs about $800 per ounce. Combined with the current gold price level, it can be seen that the current days of gold mining companies are not good. From the perspective of financial management, many gold companies have an internal rate of return of around 12% before tax. It is not enviable data within the scope of the enterprise. Taking into account the economic environment and the risks of investors, this is enough to illustrate the financial dilemma of the development of Jinshan. Gold mining is expensive and can also cause damage to the environment, which further increases production costs. When all risks and costs are taken into account, gold mining may not be as crude as it might seem at first glance. Leisuwash specializing in manufacture Automatic Car Wash Machine, Touchless Car Wash , Automatic Touchless Car Wash, touchless car wash equipment, robot car wash, smart car wash system, leisuwash 360, leisuwash leibao 360, laserwash 360, leisuwash touchless car wash machine, leisu wash touchless car wash automatic, leisu wash 360 high pressure touchless car wash equipment, robo car wash, touch free car wash, leisuwash 360 touch free car wash, leisuwash 360 price, automatic car wash price, leisuwash in malaysia, no touch automatic car wash machine, leisuwash 360 mini, leisuwash SG fully automatic car wash equipment. Automatic Car Wash Equipment,Leisuwash S90 Drying,Automatic Leisuwash S90 Drying Car Wash Machine,Leisuwash S90 Drying Car Wash Machine Hangzhou Leisu Cleaning Equipment Co.,Ltd , https://www.sdautomaticcarwash.com
Leisuwash S90 touchless car wash machine high intelligent high quality, with car wash + car care + drying process totally, each car wash takes time 1 minute to 5 minutes which depends on the car wash mode.
Leisuwash S90 Car Wash Machine is an entry level car wash unit, but you won`t find any low grade components and no cost cutting on the expense of quality. Each Leisuwash S90 is built by Leisuwash employees in accordance with our usual quality standards, the low price is achieved by high standardization and the use of proven technology. The Leisuwash S90 is for clients that need a wash machine at a competitive price with higher ROI.