AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

An interesting aside: CGA Gold has been bought out by B2Gold in January 2013. I think both of these have been in comparison tables with OGC. B2Gold (BTO trading on the TSX) is worth nearly $2bill. They're producing about 365,000oz annually, will be up over 500,000oz in 2-3 years with their new mine acquisitions coming online.

One of these is Otjikoto in Namibia. It's going to be a big opencast mine, with leaching and carbon pulp being used after the crushing and milling processes. It can produce about 110,000 oz annually. To do this they'll need to process a lot of ore, and they're committed already to buying the crushing/milling gear. The grade? Only 1.4 to 1.6 grams/tonne. The mine only has a bit over 1Moz of resources noted at the moment.

http://b2gold.mwnewsroom.com/Files/f...6a46ce2570.pdf