Archive for the 'Gold Mining' Category

Gold Mining

The main type of gold extraction today is hard rock mining using either open pit methods or sub-surface mines. Mining gold from water was a method that was widely used during the California gold rush but is not commercially viable today and is used mainly by artisan gold miners. Gold Mining: Panning The original method of mining gold from water was known as panning and is a manual technique to… Continue reading

Gold trading

If you are looking into gold trading as a form of revenue or purely for investment purposes there are certain factors you need to consider beforehand. First and foremost, you will need to decide what type of gold you want to trade, whether bullion or equity. Each of these can then be broken down into either bars or coins and direct stock or mutual fund investment. The next factor you need… Continue reading

How to Buy Gold

Most investors buy gold to use as a hedge against an economic and financial crisis which would lead to the devaluation of paper currency while others buy hoping to turn a profit. Your end goal is the main factor which will influence your decision on how to buy gold, whether for risk management or profit. How to Buy Gold as a Hedge Gold bullion is most often used as a… Continue reading

Environmental Concerns of Gold Mining

Producing pure gold results in a very high environmental burden due to the physical mining and extraction processes used to extract the pure metal. Whether gold is obtained from base ore which requires a mining operation (and tons of gold ore are required to produce one gram of pure gold) or by extracting gold metal from rivers and streams, the environmental impact is simply enormous. Continue reading