gold mine


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gold mine

1. Literally, a mine where gold ore is found and excavated. Also written as "goldmine." More than 500 workers have become trapped in a gold mine after a minor earthquake cause the mineshaft to collapse.
2. An enterprise, opportunity, or resource that is or has the potential to be extremely profitable. The social networking site has since become a veritable gold mine, attracting millions of new users every month and generating staggering amounts of money from ad revenue. If we can secure the merger deal with the pharmaceutical giant in London, I'm sure it will prove to be a gold mine!
3. A person, place, or thing containing a plentiful amount of something valuable or desirable. Who knew that my grandfather's attic would turn out to be a gold mine of priceless antiques? This database is a gold mine for anyone interested in medical research trials. Our professor is a gold mine of information about medieval French literature.
See also: gold, mine

gold mine

A rich, plentiful source of wealth or some other desirable thing, as in That business proved to be a gold mine, or She's a gold mine of information about the industry. [First half of 1800s]
See also: gold, mine
References in periodicals archive ?
What is the company's plan to increase production in Sukari Gold Mine in the next few years?
Gold mine production is expected to increase overall, at a compound annual growth rate (CAGR) of 2.
The total gold mine reserves in Turkey is estimated around 6,500 tons.
Downie was expecting to close a deal this month with Kinross Gold to buy the Lupin gold mine and mill, 155 km south of Ulu.
gold mines is an environmental horror story: 264,000 gallons of cyanide waste spilled into rivers at Gold Quarry, Nevada in 1997; 11,000 fish died in Lynches River, South Carolina after a spill from the Brewer gold mine in 1992; seven tons of cyanide tailings spilled into Whitewood Creek, South Dakota in 1998.
In 1998 between 6 and 7 tons of cyanide-tainted tailings leaked from a South Dakota gold mine into the Black Hills' Whitewood Creek, damaging the stream for years to come, says Moran.
In northern Peru for example, at Latin America's largest gold mine, Newmont Corporation has come to be seen as a latter day Conquistador by the campesinos who live in the area.
Table 1: Gold Mining Industry, Russia, Major Gold Mine Producing Regions and Deposits ('000 Ounces), 2009 11
After costs, our Red Lake gold mine is generating $200,000 (US) per day in net free cash," says Chris Bradbrook, vice-president, corporate development.
Table 1: Gold Mining Industry, China, Gold Mine Production ('000 Ounces), 2000-2020 13
White gold mine in Balmertown is Dickenson Mines' biggest income earner.
OTCBB:AADG) (FWB:P2J1) (WKN:A0KE7Z) is pleased to announce the execution of a Formal Letter of Intent to acquire an interest in the Lingbao Jinshan Gold Mine, formerly known as the Lingbao Yishishan Gold Mine.
TSX VENTURE:ABI), offering insight and opportunity on the reopening of their 100% owned Abcourt-Barvue Zinc-Silver mine and expansion of the resource base on their Elder gold mine.
OTCBB:AADG) (FWB:P2J1) (WKN:A0KE7Z) is excited to report Asian Dragon is now entering final negotiations on the acquisition of the Lingbao/Yishishan Gold Mine (the "Acquisition").