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Scientists Accidentally Discover Safe Gold Extraction Method

May 17, 2013
gold-in-flask-wikimedia

wikimedia commons

Popular Science has an article on the accidental discovery of a new method for extracting gold from ore that uses cornstarch instead of the cyanide salts presently used in production:

Researchers at Northwestern University recently stumbled upon a solution that uses cornstarch instead. It involves some complex chemistry, but it’s cheap, biologically friendly and nasty-ingredient-free.

Led by Sir Fraser Stoddart, a chemistry professor at Northwestern, the team discovered this method by accident when looking for something else. A postdoc named Zhichang Liu was trying to make three-dimensional cubes out of gold and starch, aiming to use them as storage containers for gases and small molecules. But a liquid mixture of dissolved gold-bromide salts and a starch-derived sugar didn’t form cubes, it formed needles. This was strange, so the team decided to try to replicate it and tested different forms of sugars.

The team has already perfected a process to safely reclaim gold from metal scraps and jewelry, and is working on commercially viable methods to extract the precious yellow metal from ore.

The Coin Explorer – Denizens Of The Deep

May 13, 2013

The Coin Explorer Takes The Plunge With The 2012 Great White Shark Silver Coin And The 2011 Gilded Pacific Swordfish Silver Coin.

Smugglers Caught In India With Gold Molded to Fit Under Tongue

April 3, 2013

india-gold

The Times of India reports that two middle-aged Sri Lankan men were apprehended in Chennai Airport for smuggling gold by hiding it under their tongue.  Customs officials detained four men flying in from Columbo, and noticed something strange about two of the men.

“Following a tip, we were monitoring passengers walking out after clearing immigration procedure. We stopped four Sri Lankan nationals and two of them were finding it difficult to speak,” said an official. Shahul Hameed Mohamed Issadeen, 48, and Habeebu Mohammed Izadeen, 53, were found to have specially-formed gold bars under their tongue. The gold bars had been made to fit in the bottom of their mouth so that it could not be seen under their tongue.

The two gold bars totaled over 456 grams, with a value of 13.60 lakh (1.36 million rupees, or approximately $25,000.) The men had evaded security in Colombo, and had passed through the special gold detecting metal detectors at Chennai. If someone sets the detector off when walking through, agents use a hand-held wand to do a more thorough search, but (until now) have not passed it close to a person’s face. The smuggler’s used this fact to plan their scheme.

High import taxes on gold in India has led to an explosion of smuggling. Smugglers can make over $3500 per kilogram profit by buying gold in Sri Lanka, Dubai, or Thailand, and evading payment of the 6% import fees. This is triple the per capita income of $1,132 a year in India, which explains why so many people are willing to attempt to smuggle gold.

The $25,000 value of the gold seized is 22 times the per capita income in India. To put this in perspective, the per capita income in America $42,693.  22 times the U.S. per capita income would be $942,866. How nervous would you be, trying to smuggle something that expensive?

Colo. Officials Hope To Turn Shuttered Historic Silver Mine Into Tourist Destination

March 7, 2013
Ute-Ulay Silver Mine(slideshow at SFgate.com)

Ute-Ulay Silver Mine in Colorado (slideshow at SFgate.com)

Hinsdale County in southwest Colorado is now the proud owners of the historic Ute-Ulay silver mine and mining camp, which has been inactive for decades. The mine’s owners signed over the title to the mine last month, as county officials have worked with government agencies to arrange cleanup of the contaminated mine. Mining practices in the 1800s were not as safe as modern mine production, and the mine also produced large amounts of lead ore as well as silver. Once environmental remediation is done, the county plans to open a mining museum and tourist attraction.

In the meantime, they are working to preserve the crumbling 19th century buildings of the “ghost town” on site. Silver was found in present-day Hinsdale County in the 1870s, when it was still the tribal land of the Ute Indians. County commissioner Stan Whinnery told Associated Press that the old mine is already a popular photography site for tourists passing through the sparsely-populated area in the San Juan mountains. “If we had a nickel for every photo taken from there, we’d be millionaires already,” said Whinnery, whose family was one of the first to settle in Hinsdale County in the 1800s.

Read the entire story and see a five-photo slideshow at SFgate.com.

Many more photos at http://uteulay.wordpress.com

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