Many years ago, a remote and mountainous region in northwestern British Columbia gained considerable notoriety as an emerging mineral district. With a rich mining history, one of the world’s largest silver mines (Eskay Creek, discovered in 1988), and million ounce gold deposits – this area of incredible wealth became known as “The Golden Triangle”.
As the world’s deepest manmade hole, the depth of the Mponeng Gold Mine is almost mythical. Located south-west of Johannesburg in South Africa, the mine descends 2.5 miles below the Earth’s surface—enough to stack 10 Empire State Buildings on top of each other. This doesn’t include the 236 miles of tunnels throughout the mine, which is longer than the New York subway.
Since Ancient times, gold has served a very unique function in society.
Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued throughout history for every tiny ounce of weight. That’s why it’s been used by people for centuries as a monetary metal, a symbol of wealth, and a store of value.
Keras PLC talk exclusively to Share Talk
Keras Resources plc, the Australian gold mining company, is pleased to announce a potential increase in its gold tribute inventory after signing a binding profit share agreement with KalNorth Gold Mines Limited (‘KalNorth’) over the Lindsay’s Project in the Western Australian goldfields (the ‘Agreement’).