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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 99.5% 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.
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.
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 ...
If you bought gold earlier this year, then you've probably seen some big returns. The price of gold has risen steadily in 2024, even hitting record highs multiple times.. Forecasts say they could ...
It began selling $2,000 gold bars online in September and sold more than $100 million worth of the bars last quarter. But Costco’s move is more about marketing than just about increasing sales.
It is usually created at the site of a mine and then transported to a refinery for further purification. The proportions of silver and gold can vary widely. Doré bars weigh as much as 25 kg. During the 19th century gold rushes, gold nuggets and dust were melted into crude gold bars mistakenly called "bullion" by miners. They were, more ...
Like in Britain, there are numerous part blocks formed by re-licensing relinquished areas. One of the attractiveness of the license blocks in Norway are the economical benefits given by its taxation policy. The Norwegian tax system refunds 78% of all directly related exploration costs, which are paid the year after the costs occurred.