Gold

Mining the Seabed for Gold

The Guardian: A “new frontier” in mining is set to be opened up by the underwater extraction of resources from the seabed off the coast of Papua New Guinea, despite vehement objections from environmentalists and local activists. Canadian firm Nautilus Minerals has been granted a 20-year licence by the PNG government to commence the Solwara […]

Mining the Seabed for Gold Read More »

Recycling Gold?

How do you make money in the gold recycling business? Volume! Each year, ARA buys tons of scrap gold and silver from jewelers, pawn brokers or “cash-for-gold” operations. The company pays between 98% or 99% of the market value for the jewelry, processes it, and then resells the pure gold and silver at market prices.

Recycling Gold? Read More »

Gold-Dispensing ATM

The Sun Sentinel reports what’s being billed as the first gold-dispensing ATM in the nation at the Town Center Mall in Boca Raton, spitting out an after-dinner-mint-sized gold bullion into the palm of its first customer. The Gold To Go gold bullion vending machine, developed by the Germany company Ex Oriente Lux AG, was brought

Gold-Dispensing ATM Read More »