Monday, April 29, 2019 10:40:08 PM
When is a mining operation considered to be "in production"?
The first step in the production stage is recovering the minerals. This is the process of extracting the ore from rock using a variety of tools and separation methods.
The next step is processing.
Once processed, the ore is then transported to smelting facilities.
The following step in production is smelting. This process involves melting the concentrate in a furnance to extract the metal from its ore. The ore is then poured into moulds, producing bars of bullion, which are then ready for sale. When the metal(s) sell, the company can be considered "in production'.
Thus far, Mexus is NOT in production !
Recent MXSG News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 06/28/2023 01:47:39 PM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM