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In 2015, Bill LeRoy, the president of Ohio Precious Metals was named the company's CEO and the company changed its name to Elemetal. In March 2017, Juan P. Granda a former employee of NTR Metals, Miami was charged with buying gold from illegal mines in Peru. [ 1 ]
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.
Cyanide leaching "heap" at a gold mining operation near Elko, Nevada. On top of the large mounds of ore, are sprinklers dispensing a solution of cyanide. Gold extraction is the extraction of gold from dilute ores using a combination of chemical processes. Gold mining produces about 3600 tons annually, [1] and another 300 tons is produced from ...
The price you should get for selling gold varies based on the amount of gold you are selling, the quality of the gold and the buyer. In general, you should expect to receive between 50% and 90% of ...
In September 2010, Petroplus announced plans to sell its 32.62 percent stake to its partners for $91 million as PBF acquired the Paulsboro refinery from Valero Energy. [7] [8] PBF then acquired the Toledo refinery from Sunoco in December 2010 for approximately $400 million. [9] PBF went public in December 2012 with a $533 million initial public ...
Aim to get 90 to 95% of the spot price when selling gold bars or coins, and 70 to 80% of melt value for jewelry and other items. A karat is a unit of measure for the fineness of gold. For example ...
Cenovus Energy Inc. agreed on Aug. 8 to purchase the remaining stake in the BP-Husky Toledo Refinery located in Ohio for $300 million in cash. The Canadian company has owned 50% of the refinery ...
The company's name was changed to Clark Refining and Marketing. [1] Horsham expanded the company, buying a Lima, Ohio refinery from BP , and a Port Arthur, Texas refinery from Chevron . Horsham became TrizecHahn , and then sold 80% of Clark to The Blackstone Group , another investment firm, and another portion to Occidental Petroleum .