Gold mining then and now

Foot shackles dating back 2,200 years have just been discovered in an ancient Egyptian gold mine, the Ghozza mine. The Ghozza mine was in operation around 250 to 200 BC. There was also a village there with streets and residential areas. Guarded dormitories were not found there, but they were found in other ancient Egyptian mines. Similar restraints have also been found several times in the Mediterranean region. The workers in the mines were once paid laborers, but also often slaves. Gold mining therefore demanded considerable human costs; common criminals and prisoners of war toiled in the mines. The gold was then often used to finance military campaigns.

Today, mining companies pay attention to the environment, social aspects, sustainability, human dignity and the indigenous peoples affected. If there are negative impacts on the environment or communities, mining operators strive to minimize, mitigate or compensate for them. Clean processes and reclamation are also part of the program.

One of the gold mining companies that is particularly active in these areas is Calibre Mining – https://www.commodity-tv.com/ondemand/companies/profil/calibre-mining-corp/ -. This is a medium-sized, successful gold producer that operates in North, Central and South America and attaches great importance to the protection and conservation of water resources and the safety of its employees. Last year, Calibre Mining produced a record amount of more than 240,000 ounces of gold. Currently, Calibre Mining and Equinox Gold have announced a plan to merge.

Osisko Development – https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ – is on its way to becoming a medium-sized gold producer. The focus is on the Cariboo gold project in Canada, the San Antonio gold project in Mexico and the Tintic project in the USA. The aim is to create a safe, socially and environmentally sustainable mine. After all, success is measured by gold production and environmentally and socially responsible behavior.

Current company information and press releases from

Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -) and Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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