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

a ˈgold mine

a business or an activity that makes a large profit: That Internet cafe of his is a real gold mine.
See also: gold, mine
References in periodicals archive ?
Ms Gasha said government would use close to P9 million to engage a company that would close the old gold mine pits which were found in the area posing danger to the communities of the nearby villages and settlements as well as their domesticated animals.
The Amulsar gold mine is the second most explored gold reserve in Armenia.
However, it should be noted that since the Prohibition Notice (the Notice) issued by the Tanzanian National Environment Management Council came into effect, which ordered the North Mara Gold Mine to stop use of its Tailings Storage Facility on 20 July 2019, all gold production at the processing plant at North Mara has been forced to cease.
Avesoro Resources is a West Africa focused gold producer and development company that operates two gold mines across West Africa and is listed on the Toronto Stock Exchange ('TSX') and the AIM market operated by the London Stock Exchange ('AIM').
Resources and Energy Group CEO Christian Price said: "We are excited to develop and expand high grade Radio Gold Mine with Sulphide-X.
Welborn added: "The Mako Gold Mine is a high quality, strongly cashflow-generative production asset which complements our existing portfolio of large-scale, long-life mines.
In 2017, a gold mine collapse had claimed the lives of around 11 miners in Indonesia's Jambi.
And Al Sokari is still the only productive gold mine in Egypt.
Alba's executive chairman George Frangeskides said: "In this update, we highlight our ongoing activities towards the reopening of the Clogau-St David's gold mine, the UK's largest historical gold producer.
General Manager of Centamin Egypt and Managing Director of Sukari Gold Mining Company Youssef el-Raghy said earlier that production from Egypt's Sukari Gold Mine has reached 108.8 tons of gold since the mine started production in 2010 and until June 2018.
The officials found 11 gold mine shafts, six of which were small and located underneath the villagers' farmland.
His grandfather worked in the gold mine, while his mother learned to pan for gold when she was 14 years old.
out of a total of 3,563 people with voting rights, 1,935 voted against the plans for the reactivation of the gold mine.
The successful auction of gold mine of Baghmara at Sonakhan in Balodabazaar-Bhatapara district took place on February 26 for 13 hours from 11am to 11.47 pm when the final bid was stamped upon.