Live Metal Prices
Purity Grams Oz Troy Oz
9 carat £--.-- £--.-- £--.--
18 carat £--.-- £--.-- £--.--
22 carat £--.-- £--.-- £--.--
Purity Grams Oz Troy Oz
500 £--.-- £--.-- £--.--
925 £--.-- £--.-- £--.--
999 £--.-- £--.-- £--.--
Purity Grams Oz Troy Oz
900 £--.-- £--.-- £--.--
950 £--.-- £--.-- £--.--
999 £--.-- £--.-- £--.--
Purity Grams Oz Troy Oz
900 £--.-- £--.-- £--.--
950 £--.-- £--.-- £--.--
999 £--.-- £--.-- £--.--

Last updated: 25/09/2017 05:13:45

Common gold questions

How is gold mined?

Gold is mined by 4 different methods. Placer mining, hard rock mining, byproduct mining and by processing gold ore.

Each of these categories has it's own unique methods of extracting the gold from the surrounding materials.

In placer mining, the gold is retrieved by metal detecting, panning, cradling, sluicing and dredging. Using gravity and water to separate the dense gold from the other materials that surround it, this is the most common gold mining category for amateur gold hunters.

Hard rock mining is the process of using open pit or underground mining tunnels to retrieve the gold from the rock. This method of gold mining is responsible for recovering most of the worlds gold supply.

Byproduct mining is related to hard rock mining in that open pit or underground mining tunnels are used. In byproduct mining, gold is a secondary find. The main purpose of the mining operation is the recovery of Copper, sand, gravel or other products but significant quantities of Gold exist to make byproduct mining a profitable venture. An example of this kind of mining would be the Grasberg mine is Papua, Indonesia, which was developed for extracting Copper from the earth. Though Gold is not the primary product, this mine produces more Gold than any other mine in the world.

The final category of gold mining is the processing of Gold ore. This method is largely becoming deprecated as the yield of Gold is often very low and the environmental impact and costs of the operation are substantial. The Gold ore is finely crushed rock or earth containing trace amounts of Gold which are extracted using a chemical process. The most commonly used chemical for this process is Cyanide.

Our Popular Pages

Cash for Gold ~ Sell Broken Gold ~ Gold Prices ~ Buy Gold ~ Sell Your Gold ~ Sell Gold Coins ~ Sell Gold Watches

"About the best prices we were able to obtain were at Gold-Traders (UK)"
the guardian
"..the trick with these sites is finding one that will give you a quote in advance - this is where Gold Traders stands out from many competitors."
the telegraph

Pre-decimal Calculator

Calculate the value of your pre-decimal coins.

Value your coins

How Old is Your Gold?

Use our Hallmark Identification Wizard.

More info

What is Your Gold Worth?

Get the real value of your gold.

Click here

Secure and Trusted

Gold-Traders rated 4.8 / 5 based on 468 Gold-Traders reviews.

top rated

Get in Touch

0800 327 7878

Social

Share This Page