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The mine has 48 000 ounces of gold left that can be mined and mining operations will produce 6 000ounces per year The required return on the gold mine is 12% and it will cost $34million to open the mine When the mine is opened the company will sign a contract that will guarantee the price of gold for the remaining life of the mine If the
Bullock Gold Mining Case Study Solution Seth Bullock the owner of Bullock Gold Mining is evaluating a new gold mine in South Dakota Dan Dority the companyâ s geologist has just finished his analysis of the mine site
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