Articles on gold mining business
Some opinions and articles about the gold mining business in general as written by Mr. Jean Louis and contributive authors and associates.
With focus on practical gold mining and getting gold for profit these articles shall give the insight to beginner prospectors and gold miners about the approach to the business and best and efficient methods and practices for gold mining startups.
- Carlin-Type Gold Deposits: Geological Characteristics and Global Occurrences
Carlin-type gold deposits are low-grade, disseminated ore bodies hosted in fine-grained sedimentary rocks, primarily found in extensional tectonic settings like the Carlin Trend in Nevada, where gold occurs as microscopic or nanoscale particles chemically bound to arsenic-bearing sulfides such as arsenian pyrite and arsenopyrite, making it refractory and difficult to extract without advanced processing like pressure oxidation or roasting; these deposits are characterized by distinct alkali-carbonate alteration halos, elevated geochemical signatures of As, Sb, Hg, and Ag, and are economically significant, contributing about 30% of global gold production despite low grades, with major occurrences in the USA, China, Australia, and elsewhere, requiring large-scale mining and careful environmental management due to arsenic-rich waste. - Profiting from Extremely Low‑Grade, Free‑Milling Gold Tailings
This article shows how even ultra‑low‑grade, free‑milling gold tailings (0.06 g t⁻¹) can be turned into a profitable operation by first using a simple, solar‑powered sluicing plant (4 × 2 t h⁻¹) that recovers about 10 g of gold per day, generating roughly US $30,000 per month with virtually no fuel cost; if the material is then milled to 70 µm (≈200 mesh) the recoverable grade doubles to 0.12 g t⁻¹, boosting revenue to around US $60,000 per month after modest milling expenses—demonstrating that careful sizing and a staged approach (sluicing first, milling only when justified) avoids the 50 %+ losses typical of premature heap leaching and turns a seemingly worthless resource into a high‑margin, low‑environmental‑impact cash flow. - Shaft Sinking: Excavating Vertical Tunnels for Underground Mineral Access
Shaft sinking is the process of excavating a vertical tunnel from the surface to access deep underground mineral deposits, involving drilling, blasting, mucking, lining, and continuous de-watering in a repeated cycle until the target depth is reached; the finished shaft includes lined walls, a headframe, hoisting systems (cage/skip), and essential services like ventilation, power, and emergency escape routes, making it a complex and costly engineering project typically undertaken by larger mining operations rather than small-scale startups, especially in hard-rock gold mining, though initial small-scale gold mining programs often focus on less expensive surface or alluvial methods instead. - Beyond the Romance: Reassessing the Term "Artisanal Mining" in Global Development Discourse
While the term "artisanal mining" is widely used in international development, policy, and industry reports (e.g., by the World Bank, United Nations, and NGOs) to describe small-scale, labor-intensive mineral extraction often done by individuals or small groups without heavy machinery, our critique highlights a misalignment between the romantic connotations of the word "artisanal" and the often harsh realities of informal mining. - FAQ: Supply Security & Tailings Sourcing in East African Gold Mining
Here's an improved, professional, and comprehensive **FAQ section** for **"Start Your Own Gold Mine"**, focused on **gold mining business operations in East Africa**, particularly involving collaboration with **local village miners**. - Beyond the Nod: Building a Gold Mine with Thinkers, Not Yes-Sayers
The "Start Your Own Gold Mine" program isn't designed for passive agreement—it thrives on active understanding. In a world where conformity often masquerades as commitment, the real value lies in discerning between those who simply say "yes" and those who truly *engage*. This article explores how the program ensures participants are critical thinkers, not yes-sayers, and why this distinction is essential for sustainable success—especially among employed professionals seeking transformation without blind compliance. - Practical Quantitative Gold Prospecting Methods: Moving from Guesswork to Measured Data
This guide emphasizes the importance of quantitative methods in gold prospecting for making informed decisions about a property's value, moving beyond mere presence to accurately gauge quantity and distribution through techniques ranging from simple panning (SYOGM Gold Classification) upwards via systematic bulk sampling with SYOGM recovery systems. It also highlight the necessity of subsurface methods like ground-based magnetometer surveys for precise targeting before diamond drilling, which is costly but essential in resource definition and advancing from Inferred to Measured resources statuses—all achievable through expert services offered by SYOGM Gold Exploration. The guide encourages contact with the company specializing in transformative prospects into quantified deposits for enhancing property value, bankability & investment potential via proven data and comprehensive geological analysis (including Reverse Circulation Drilling to Geophysical Surveying). - Administrative Procedures for Establishing and Operating Small-Scale Gold Mining Businesses in Partnership Arrangements
This guide outlines key steps for establishing a gold mining business, starting with setting up a local office to ensure professional presence and operational efficiency, followed by staff training in technical processes and protocols. It emphasizes building credibility through visible equipment and partnerships, conducting preliminary negotiations on licensing and land access, verifying terms before signing agreements, and ensuring readiness with trained teams and resources for smooth execution. The structured approach aims to foster trust, compliance, and long-term success. - Strategic Advantages of Ugandan Mineral Investments Through Local Partnerships and Sustainable Practices
The text outlines strategic advantages of investing in Ugandan minerals through local partnerships, emphasizing land acquisition compliance, negotiation benefits, and business alignment with national laws. It advocates establishing a physical presence via offices, local staff, and equipment to build credibility and operational stability. Mineral processing investments highlight eco-friendly methods with potential returns (e.g., $10k investment yielding $20k in 4–5 weeks) and partnership models offering profit-sharing arrangements. A structured mining process is detailed, from company registration and licensing to feasibility assessments, production, and compliance with environmental regulations. Financial plans stress high initial costs but achievable monthly incomes ($25k) through efficient operations, while heap leaching presents a low-cost alternative for rapid returns. The "Start Your Own Gold Mine" program offers turnkey solutions integrating legal support, local collaboration, and sustainable practices to ensure regulatory adherence and long-term viability in Uganda’s mining sector. - How to Get Investment for Your Gold Mining Site?
This page explains the two essential steps required to secure investment for a gold mining site: first, conducting a thorough Preliminary Site Assessment and Inspection (PSAI) by the Start Your Own Gold Mine team to verify the site's viability, legality, and gold potential; and second, engaging the RCD Wealth Investor Scout Service to professionally connect the validated project with qualified international investors, based on a solid Lean Business Plan and verified documentation—clearly outlining pricing, requirements, and the no-nonsense process for serious mining site owners. - Do You Know What It Means to Be the Eyes and Ears on a Mining Site?
In the high-stakes environment of a mining operation, the Communication and Reporting Officer (CRO) serves as the critical "eyes and ears" of the site, ensuring real-time monitoring, safety compliance, and seamless information flow between workers, management, and regulatory bodies. This role is essential for hazard detection, incident prevention, and operational efficiency, combining vigilance, technical knowledge, and communication expertise to maintain a safe and productive mining environment. - The Illogical Gold Mine Loan Request: A Case of Red Flags and Mismatched Numbers
A self-proclaimed gold miner from Sudan reached out, claiming to produce over 500 grams of gold daily (worth ~$50,000) while simultaneously requesting a $1 million loan to expand operations. Despite the apparent profitability, the request was riddled with inconsistencies—unverified photos, vague documentation, and an unwillingness to provide basic due diligence details. This case highlights the importance of skepticism and verification when dealing with high-value mining investment proposals. - Bulk Gold Pricing in Uganda, Kenya & Tanzania: Traded at World Market Rate Plus 5% Export Royalty
Bulk gold in Uganda, Kenya, and Tanzania is traded at global market rates plus a mandatory 5% export royalty, debunking claims of cheaper bulk deals as fraudulent. Legitimate access requires establishing local operations with miners through long-term investments, partnerships, and technical support rather than seeking unrealistic discounts. - Start Your Own Gold Mine: Steps to Secure Contract & Achieve Production Milestones
To start your own gold mine, follow these key steps: generate leads and conduct initial outreach, provide detailed information about the process, sign a contract with an $22k deposit to Wells Fargo and additional financing for equipment, prepare by obtaining permits, conducting site assessments, importing machinery duty-free, and setting up operations. Once production begins—marked by milestones like 100g to 5kg gold output—the investor receives training and shares in the operation’s success (with agreed splits), while ongoing support includes management assistance or further financing for continued mining activities. - Establishing a Gold Mining Business: Customer questions
Establishing a gold mining business involves a structured process that begins with verifying the land to ensure its viability, followed by setting up the company, recruiting and training staff, and acquiring necessary equipment and licenses. The process includes on-site verification of geological reports, organizing office operations, and ensuring all legal and operational requirements are met before commencing mining activities. Once the foundation is laid, the business can proceed with prospecting, resource management, and sustainable gold extraction. - Stand-By Letter of Credit for Gold Supplies from East Africa: A Market-Driven Reality
In the dynamic gold market of East Africa, particularly Uganda, Stand-By Letters of Credit (SBLC) are not a practical tool for securing gold supplies unless buyers offer significantly better prices or commit to in-person verification. The local market operates on a transparent, fast-paced model where dealers fix prices at purchase, ensuring no risk for sellers. However, the absence of a competitive price or physical presence creates a barrier to remote transactions, as dealers prioritize immediate, secure deals over complex financial instruments. - The Cornerstone of Gold Mining Success: Why Your First Hire Must Be a Business Administrator
At Start Your Own Gold Mine, we are more than just suppliers of essential equipment; we are passionate advocates for informed, successful gold mining ventures. We understand that achieving profitability and longevity in the competitive gold trade requires careful strategic planning and robust management. - Gold Smelter: Efficient Pouring Techniques for Fast Refining Process
This short video demonstrates how properly pour molten gold directly onto your desired casting surface without causing waste or damage through techniques like minimizing splash-out from the crucible into unwanted areas. - Estimation of Soil Leachable for Gold Recovery Using 1000 Kilograms of Cyanide
The provided list consists of references and resources related to various aspects within the gold mining industry, particularly focusing on cyanidation (a process used for extracting precious metals like silver or gold from ore using a solution containing sodium cyanide), heap leaching methods in metal recovery processes such as CIL-CIP systems commonly employed by companies including Xinhai Mining and Anglo American, environmental considerations associated with mineral processing (like the Cyanide Code audit reports) alongside alternative technologies aimed at reducing or replacing traditional cyanidation techniques. These resources cover technical papers detailing heap leaching efficiency factors such as ore characteristics affect gold recovery rates; patents related to optimizing and decreasing sodium citrate consumption in sulfides for improved process economics, methods involving hydrogen peroxide use during the cyclones of precious metal extraction (like those studied by Kompleksnoe Ispolzovanie Mineralnogo Syra), as well practical guidelines from industry leaders like SGS and JXSC Machine. - The Essentials of Business Management and Accounting: Balancing Transparency and Trust
Within the critical landscape of business management, particularly for those venturing into ventures like initiating a gold mine operation, the necessity of robust accounting practices and open communication cannot be emphasized enough. This article explores the foundational elements required to maintain financial integrity and foster trust among all stakeholders involved in any business endeavor. - Profit-Sharing Model for Gold Mining Operations Utilizing Partner-Provided Sluices
This gold mining business model, through initial investment of $22,000, collaborates with local communities by providing essential equipment, charging a transparent fee, empowering miners with training, and offering premium gold purchase rates, while focusing on sustainability, minimizing environmental impact, promoting community development, and ensuring efficiency through low-cost operations and solar energy utilization. - How to Successfully Import Gold to India: A Guide by Jean Louis, Start Your Own Gold Mine
Importing gold to India is a lucrative yet highly regulated process that requires meticulous planning and adherence to legal frameworks. As someone who has worked extensively with clients in India, I, Jean Louis, founder of Start Your Own Gold Mine, can guide you through the essential steps—from obtaining the necessary licenses like the Import Export Code (IEC) to navigating customs duties and RBI regulations. Whether you’re an individual looking to import gold under baggage rules or a business aiming to work with authorized banks and agencies, this guide will help you understand the complexities of the process, avoid common pitfalls, and ensure compliance with Indian laws. Let’s turn your gold import aspirations into a seamless and profitable venture. - Heap Leaching vs. Carbon-in-Leach (CIL): A Comparison of Scalability, Efficiency, and Applications
Heap leaching and Carbon-in-Leach (CIL) are two widely used methods for extracting metals, particularly gold, from ores and tailings. While both processes aim to recover valuable metals, they differ significantly in terms of scalability, cost, efficiency, and suitability for different ore types. This article provides a detailed comparison of heap leaching and CIL, highlighting their advantages, limitations, and ideal applications, along with a summary table for quick reference. - Strategic Provisioning of Equipment to Village Miners in Exchange for Gold Benefits (Relationship Management)
This web page talks about a way for dealers and buyers to work together that is good for both sides. The dealers or buyers give miners in villages the equipment they need for mining gold. This helps the miners mine gold more efficiently. In return, the dealers and buyers get some of the profits from the gold-bearing rocks, or they get a good percentage of any precious metals that are found. They also get priority when buying these valuable resources and get discounts on future transactions. - We strive to bring customers to mining land, not the other way around
Start Your Own Gold Mine helps clients succeed by guiding them to proven, productive mining lands, avoiding common pitfalls of faulty exploration reports on potential mining properties. If a client's land does not appear to be profitable, our approach is reversed. Instead of bringing the client to a potentially infeasible mining site, we focus on finding suitable mining land that meets their needs, ensuring a more promising and successful mining venture. - Setting up Camp on a Gold Mining Site
This page provides guidance on setting up camp for small-scale gold prospecting. It emphasizes the importance of choosing a suitable location with potential for gold mining, followed by considerations for water and sanitation, protection from the elements, and equipment and tools needed for prospecting. Other essential aspects include hiring help, storage, communication and navigation, and keeping necessary administrative documents. The page emphasizes safety, sustainability, and environmental responsibility while encouraging readers to begin their own small-scale gold mining operation. - Understanding Potential for Alluvial Gold Mining Sites
To better understand the potential of alluvial gold mining sites, landlords and license holders should answer the following mining-related questions. - Mining License Compliance in East Africa
Mining license holders in East Africa frequently fail to comply with regulations, often more than 95% of the time, due to their lack of skilled personnel, instead hiring unqualified third parties to prepare reports, which are often inaccurate and do not adhere to international standards. The primary reason for this is the license holder's lack of executive education, which is essential for understanding their primary responsibility of achieving the organization's objectives by utilizing adequate organization and personnel. A professional executive is expected to oversee overall operations and strategic decision-making, while other essential professionals, such as accountants, secretaries, mining engineers, geologists, and skilled gold prospectors, are required to manage various aspects of the mining operation. - How to differentiate between alluvial and eluvial gold nuggets
By observing the shape, surface texture, and color of the gold nugget, you can determine whether it is alluvial or eluvial. Keep in mind that the shape and appearance of gold nuggets can vary significantly, so experience and knowledge of the local gold-bearing area can be helpful in making an accurate identification. - Opportunities in Gold Mining with a Modest $8,000 Investment
Starting a gold mining operation with a modest $8,000 investment, involving setup, equipment, and production stages to yield a potentially lucrative return. This specific strategic approach is distinct from traditional gold prospecting methods, where the focus is typically on searching for gold deposits in unexplored territories. Instead, we adopt a more targeted and efficient strategy, where we visit existing sites that have been previously mined or explored, and process their tailings, rocks, and gold-bearing ores. - Importance of Representative Sample
A representative sample for gold grade is a meticulously collected and processed portion of ore that accurately reflects the average gold concentration of the entire mineral deposit. This sample is essential for determining the true value and potential profitability of a gold mining operation. To ensure its representativeness, the sampling process must follow standardized protocols, including proper sampling techniques, adequate sample size, and uniform distribution across different sections of the deposit. Additionally, the sample should undergo rigorous testing and analysis in a controlled laboratory environment to provide reliable and consistent gold grade measurements. By obtaining a representative sample, mining professionals can make informed decisions regarding extraction methods, resource estimation, and economic feasibility, ultimately enhancing the efficiency and success of gold recovery efforts. - Review of geological reports for compliance with NI 43-101
The uploaded document, titled "NI43-101 Technical Geological Report for Limani Gold Prospect," outlines geological, environmental, and operational aspects of a mining project. However, compliance with NI 43-101, a Canadian standard for the disclosure of mineral project information, is stringent and requires adherence to specific content and reporting guidelines. - Best Practices After Obtaining a Mining and Exploration License for Over 100 km²
Once you've secured a mining and exploration license for an area exceeding 100 km², the journey towards successful gold mining begins. This comprehensive guide outlines the most effective steps to take, ensuring a strategic and efficient approach to your mining endeavors. - Unlock Gold Success with Kassanda Rapid Rock Verification!
Introducing the game-changer: Kassanda Rapid Rock Verification for Gold! 🚀 Developed by Louis himself, this innovative field assaying method allows you to quickly and accurately assess gold content in rocks right on-site. Say goodbye to long waits and hello to efficient, reliable results! ⏱️💰 - Visiting Uganda for a Mining Site Tour: Insights and Practical Tips
Uganda, renowned for its rich mineral deposits, offers a unique opportunity for aspiring miners and industry professionals to explore its vibrant mining sector. Whether you're an investor, a mining enthusiast, or part of a team planning a site visit, understanding the local landscape and cultural nuances is crucial for a successful and safe experience. Jean M. Louis, a seasoned mentor from the Start Your Own Gold Mine program, shares invaluable insights to help you navigate your mining site visit in Uganda effectively. - Salting of Mining Lands
Salting refers to the deceptive practice of artificially enhancing the perceived value of mining lands by introducing or indicating the presence of valuable minerals, such as gold, that are not actually present in commercially viable quantities. This fraudulent activity can lead to substantial financial losses for inexperienced investors who may not have the means to verify the actual conditions of the land before committing resources. Salting can take many forms, including the placement of small amounts of gold in visible locations or misleading claims about the richness of a property based on manipulated measurements. - Investors seeking Explored Lands With Reports in East Africa
Foreign investors often inquire with us about lands that come with comprehensive reports, meeting specific standards. They seek certainty in terms of the quality and validity of these reports, as they form the basis of their investment assessments. Unfortunately, the existing reports in many East African countries do not always meet these standard requirements. This lack of consistency in reporting quality poses a challenge for foreign investors who rely on such reports to evaluate the potential of gold mining projects and minimize risks.
- Mineral Rights vs. Gold Mines: Exploring the Differences
In the world of mining and exploration, there are two key terms that often cause confusion: mineral rights and gold mines. While both are related to the extraction of valuable resources from the earth, they refer to distinct aspects of the industry. - Rivendosja artizanale e arit në Lindjen e Afrikës.
Përshkrim i hollësishëm i rimëkëmbjes së artezanale të arit në Afrikën Lindore, përfshirë planifikimin e minierave, zbatimin e masave të sigurisë, nxjerrjen dhe hoqjen e mineralave, transportimin efikas të mineraleve, shthurjen dhe grirjen e materialeve të papërpunuara, ndarjen e arit nga mineralet e tjera, përpunimin e koncentratit përfundimtar, përmirësimin e pastërimit dhe shndërrimin e koncentratit në metal të rafinuar për shitje. - Artisanal Gold Recovery in East Africa
Elaborated description of artisanal gold recovery in East Africa, involving mine planning, implementing safety measures, excavating and removing ores, efficiently transporting minerals, crushing and milling raw materials, separating gold from other minerals, processing final concentrate, enhancing purity, and converting concentrate into refined metal for sales. - Small-Scale Mineral Processing: Unlocking Potential and Ensuring Sustainable Gold Recovery
The mineral processing of the mother lode presents a promising opportunity for small-scale operations in Uganda. This article explores the various stages and processes involved in extracting gold from prospecting rocks to the final recovery, while highlighting the commitment to environmentally friendly practices. - Financing of Gold Mining Site That Lacks Proper Business Management, Administration, And Record-Keeping
These sites are already producing gold but require financial and investment support to improve their operations and maximize profitability. For this stage of development, we focus on mining sites that are already producing gold but lack proper business management, administration, and record-keeping. Our aim is to provide financing and investment opportunities for these sites under specific conditions. - Securing Capital for Mining Lands with Presumed Gold Deposits
We are excited to present our service for the development of gold mining land. Our company, Start Your Own Gold Mine, specializes in prospecting and exploration services for plain land assumed to have minerals. This land has no previous production and no neighboring production. - Funding for Gold Mining Site Development
Are you in search of funding opportunities for the development of gold mining sites? Look no further. Start Your Own Gold Mine has been providing financial support for mining projects since 2011. We have successfully funded the growth and establishment of numerous mining sites across Tanzania, Uganda, and Kenya. - Improving Gold Recovery from Artisanal Tailings in East Africa
This page discusses methods to improve gold recovery from artisanal tailings in East Africa. It provides an overview of the challenges faced by village miners and outlines a procedure for starting a gold recovery business in Uganda, Tanzania, and Kenya. - Gold Recovery: Chlorination Leaching of Tailings
Discover the process of extracting gold from tailings through chlorination leaching, including the necessary steps, safety considerations, and effective techniques for maximizing gold recovery. - DIY Activated Carbon - Acid Activation in East Africa
The article provides a simplified procedure for making activated carbon using acid activation, emphasizing the steps involved and the materials needed. - How To Prepare Analysis Of Copper Ores For Seller Evaluation
Guide to Preparing Copper Ore Analysis for Seller Evaluation: Learn the step-by-step process of analyzing copper ores, including chemical analysis, assay techniques, physical properties, and mineralogical analysis, to present comprehensive data for evaluation by potential sellers. - Preliminary Site Inspection and Assessment
Discover the power of our Preliminary Site Assessment and Inspection service! Led by mining expert Mr. Jean Louis, our team conducts comprehensive evaluations of mining sites in Tanzania, Uganda, and other Start Your Own Gold Mine program locations. 🌍🔎 From assessing living and working resources to analyzing previous gold mining activities and determining future development potential, we provide valuable insights to help you make informed decisions. 💼⛏️ Ensure the success and profitability of your mining venture with our expert assessment. Contact us today to schedule your assessment and embark on the path to gold mining success! ✨🚀 - If you can catch a leprechaun...
A leprechaun, according to Irish legend is a dwarf who keeps a pot of gold hidden away. If you can catch a leprechaun, your troubles are over. Because he keeps his gold just for ransom money. If you catch him, he'll quickly tell you where his gold is, so you'll let him go. - Are you looking for joint venture in mining or in prospecting? What is tangible gold bearing ores?
Many gold mining lands owners and mineral license holders inquire with our company and invite us to inspect the mining site. Usually such mining sites are not developed. So often mining sites do not have even one open shaft or any activity engaged. That creates situation and invitation that we shall rather invest into prospecting activities instead of actual mining activities. In this articles you may understand the difference between the prospecting and exploration stage and actual mining stage. It explains you what is tangible gold bearing ores and what kind of joint ventures we are looking for. - I have discovered the key to a happy and successful life
When I was deeply in difficulties and in much stress I came across to realize that when you put faith and hope in something you wished to archive, but you found it difficult, you will surely raise a positive answer in a negative world. - How we help gold mining license and land owners
Our company helps the owners of gold mining lands and licenses, concessions, to obtain a mining startup. We provide integrated approach to start in gold mining either by joint ventures with our company or one of our clients. Mining land and license owners receive free services such as preliminary site inspection, matrix gold prospecting, geological reports, mining land valuations and gold mining startups. The final result is monthly and annnually income from gold mining profits. - How to start a small scale gold mining company
Small scale mining is easy when one knows how. This introduction may help the reader to start in small scale mining activity. The general information shall give a guidance on how to properly look into the future. - How facilitators and intermediaries can profit in developing gold mining claims
We are often asked how facilitators and intermediaries can profit in the development of gold mining claims. There are several ways to cooperate with our company and to help on accomplishment of steps required to start the gold mining business. Intermediaries and facilitators are welcome. - Gold Rush Panning Kit Instructions
Parker Schnabel from the hit Discovery TV show Gold Rush, takes you through the proper way to pan for gold. Just add water! This is an incredible must-see HD instructional video by an expert gold miner..... - How To Start A Gold Mine As Public Company
When it comes to incorporating a mining company in the UK or the US, Start Your Own Gold Mine provides guidance and assistance to ensure a smooth and legally compliant process. Here's an elaboration on how the program can prepare everything for the incorporation of a public company in various countries. - The infographics for EQV Formula for Gold Mining Production by Mr. Jean Louis
This is very short infographics for the EQV formula for gold mining production as observed and conceived by Mr. Jean Louis during the business program Start Your Own Gold Mine. One need to increase the Equipment factor and by constantly increasing the Quality of ore and gold found to attain the highest Volume of processing, and by minimizing the Expenses to achieve higher and better Gold Production and income. The formula is very simple. It serves beginning miners to quickly grasp factors on how… - EQV Gold Mining Production
The EQV™ Formula™ for Gold Mining Production has been authored by Mr. Jean Louis, mentor for the program Start Your Own Gold Mine conducted for mining license holders and entrepreneurs who wish to engage in gold mining business. The acronym EQV relates to most important factors of the gold mining production: Equipment, Quality, Volume that are directly influencing the gold mining production. The expanded EQV formula is resulting in income from gold mining production and is taking into account all of the operational gold mining expenses and other expenses relating to the gold mining business.