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Gold/Mining/Energy : BET YOUR ASSAY - Mining Terms Explained
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To: Ironyman who wrote (455)6/12/1998 7:36:00 AM
From: Aurum  Read Replies (1) of 463
 
Yes, close to a market (not a common occurrence in the wilds of the gold fields Australia) the gravel and sand are worth more than the gold. The 0.4 grams per cubic metre I referred to is the recovered grade. In some places the tailings go 0.3 g/m3 because this gold is too fine to recover economically, or because of clay carry-over etc.
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