Gold arouses emotions
From gold mining through refining to production, the precious metal must pass through various stations. First, the precious metal must be separated from the rock, often only a few grams per ton of rock. Apart from gold washing, special processes (amalgam, anode sludge and cyanide leaching) are used. Approximately 2,500 tons are mined in this way every year.
Anode sludge is usually used to separate gold-bearing copper ore from gold. This is an electrolytic refining process. During processing, the rock is ground and the gold-containing products dissolved in acids. The gold is then extracted from this solution. It is then poured into bars weighing around six kilos, called Doré bars. These consist of about 80 percent gold, and they also contain silver, for example.
Fine gold is then obtained using the Miller, Wohlwill or Borax process. The most valuable variant is made with it. Pure gold, however, is quite soft and easily deformable. Therefore, fine gold is not at all suitable for various fields of application such as medicine or industry. Gold bars and coins, however, are collector's items made of pure gold and are therefore not articles of daily use.
Investors who already have a base stock of these precious pieces can also buy shares of the gold companies as a further more speculative portfolio diversification. With TerraX Minerals and Maple Gold Mines, they could do well if gold prices continue to perform well.
TerraX Minerals - https://www.youtube.com/watch?v=GmZpC44kBXY=2s owns the Yellowknife City gold project (783 square kilometers) in the Northwest Territories - a large land package with tremendous potential. TerraX Minerals recently acquired Gold Matter Corporation to give it the option to acquire a 100% interest in the Mulligan Project (gold discoveries up to 5.7 grams of gold per ton of rock) in New Brunswick.
Maple Gold Mines - https://www.youtube.com/watch?v=H_vw56WHK9o=163s is working hard on its Douay gold property (approximately 390 square kilometers) in the Abitibi Greenstone Belt in Quebec, one of the best mining countries.
Latest company information and news releases from TerraX Minerals (www.resource-capital.ch/de/unternehmen/terrax-minerals-inc/) and Maple Gold Mines (www.resource-capital.ch/de/unternehmen/maple-gold-mines-ltd/).
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