Videos: High Gold Prices Drive New Opportunities

With the price of gold so high, you’d be surprised at the changes it’s bringing to the search for gold. Below are two videos reports that demonstrate this. In the first, a company in South Africa is “mining” the waste material from decades of mining in South Africa. They’re pulling nearly 0.3 grams of gold per ton of waste material processed. That doesn’t seem like much, until you see the single dump site in the video that contains 140 million tons of waste material!

In the second video, cocoa farmers in Columbia have turned from growing the raw material for cocaine to illegally panning for gold.

And, of course, don’t forget about the little asteroid mining project we told you about last week.

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