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Thus, the higher the index number, the greater the cost of the refinery and the higher the value of its products. In the second edition of the book Petroleum Refinery Process Economics (2000), author Robert Maples notes that U.S. refineries rank highest in complexity index, averaging 9.5, compared with Europe's at 6.5.
The resulting gold is 99.5% pure, but of lower purity than gold produced by the other common refining method, the Wohlwill process, which produces gold of up to 99.999% purity. [1] [2] The Wohlwill process is commonly used for producing high-purity gold, such as in electronics work, where exacting standards of purity are required.
A cost index is the ratio of the actual price in a time period compared to that in a selected base period (a defined point in time or the average price in a certain year), multiplied by 100. Raw materials, products and energy prices, labor and construction costs change at different rates, and plant construction cost indexes are actually a ...
Cash for Gold USA, an established gold buyer, is a top choice for selling your gold items. They offer competitive rates for a wide range of gold items, including jewelry, scrap gold and gold coins.
If you sell your gold coins for a loss, which you ideally won’t do, you don’t have to worry about capital gains taxes. Instead, you can claim a capital loss deduction on your tax return to ...
If you sold any of your gold investments for a profit this year — including gold stocks or shares of a gold ETF — you're going to owe capital gains taxes on those returns.
Net Smelter Return (NSR) is the net revenue that the owner of a mining property receives from the sale of the mine's metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty agreement. The royalty is paid in ...
The resulting gold is 99.999% pure, and of higher purity than gold produced by the other common refining method, the Miller process, which produces gold of 99.5% purity. [1] [2] [3] For industrial gold production the Wohlwill process is necessary for highest purity gold applications.
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