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What does GEO stand for?

GEO stands for Gold Equivalent Ounce (mining product marketing)

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 71 other meanings of GEO in our Acronym Attic

Samples in periodicals archive:

Operational Results AuRico Gold North America Q1 2012 Q1 2011 Gold ounces produced 45,528 25,882 Silver ounces produced 1,112,384 1,035,174 Gold equivalent ounces produced (realized)(1) 67,068 49,854 Total cash costs per gold equivalent ounce (realized) $601 $382 Gold equivalency ratio(2) 52:1 43:1 Gold ounces sold 44,036 26,031 Silver ounces sold 1,091,883 1,060,306 Gold equivalent ounces sold (realized)(1) 65,215 50,681 Gold equivalent ounces produced (55:1)(3) 65,754 44,703 Gold equivalent ounces sold (55:1)(3) 63,889 45,309 Total cash costs per gold equivalent ounce (55:1)(3)(4) $613 $427 (1) Gold equivalent ounces include silver ounces produced / sold converted to a gold equivalent, based on the ratio of the realized sales prices of the commodities.
Current production exceeds 500,000 gold equivalent ounces (over 400,000 ounces of gold and 7 million ounces of silver) at a total cash cost of less than US$50 per ounce.
70 per ounce2 for a record margin of $48 (149%) per silver ounce(2) - Gold equivalent production of 44,703 ounces at cash costs of $429 per ounce for a record margin of $957 (69%) per gold equivalent ounce using the Company's long-term gold equivalency ratio of 55:1 - Effective April 8, 2011 the Company completed the acquisition of Capital Gold Corp.