What Is The Process Of Gold Mining?

1. What Is The Process Of Gold Mining?

2. We see, talk, and invest in gold all the time. It is a timeless hard metal that gives you so much more than just a high return on investment. But have you ever wonder what goes in the process of Gold mining? Here is a seven-step process that explains the making of gold and how the companies extract the same for you.

3. The gold mining companies research the areas that may have gold. The research combines knowledge from sectors like geography, geology, chemistry, and engineering. Once they have figured out a mine that may have gold, they have to look into the productivity aspect of the shaft. Since mining is costly, it only makes sense to go ahead if there is sufficient deposit in the mine. It is a hit and trial method.

4. In the development stage, they plan and design the infrastructure required for the mine. Every region with the possibility of gold mines has rules and permits that you need to occupy before drafting the plan for the gold mining site. Apart from the site construction, there is a further need for manual labor and office and stay construction for people working at the mines.

5. The operative stage of the gold mine takes about 10 to 30 years in general. It is imperative to calculate the time for the site's productivity during which the workers extract the ore and process it into gold. Once the time is computed, it is set in comparison with factors like the price of gold and the investment that will be incurred in those productive years. The operation begins if the proportion and return of investment fall in place. In times of higher prices, low-grade mining ore will become profitable as the higher price offsets the increased cost of extracting and milling more significant volumes and vice versa.

6. The ore grounding is done separately for bigger particles and smaller particles. It is fed into the mill with lime, water, and steel balls. A slurry of ground ore, water, and a weak cyanide solution is fed into large steel leach tanks where the gold and silver are dissolved. The slurry goes through six adsorption tanks that contain carbon, gold, and silver. The whole process takes a few hours and comes up with ninety-three percent gold and about seventy percent silver.

7. Ones the electrodes are filled into the barrels, the stainless steel helps in separating it from the carbon. The process involves rinsing the cathodes to procure gold and melt it to give definitive and smooth shape.

8. The last process includes dismantling the whole system and construction work that is done for the mines. This process is initiated when the ore body is exhausted, or the mining leftovers become unprofitable after a point. It is a complicated procedure, and the companies have to undertake the whole system until the site's closure happens.