Silver for the Olympics
E-waste, mainly from mobile phones and other smaller electronic devices, served as a source for the Japanese. Collection boxes were set up in telephone shops and elsewhere. The result is now 9,000 pounds silver, 67 pounds gold and 6,000 pounds bronze. Thus, around three million US dollars could be collected in the form of raw materials from over five million devices. Finally, 339 competitions are planned. Karate, skateboarding and surfing are examples of new disciplines.
According to the Olympic Committee, gold and silver medals contain 92.5 percent silver, with the gold medals being coated with the valuable yellow metal, which must consist of at least six grams of gold. The bronze medals are made up of copper and tin.
A mobile phone contains an average of 60 raw materials, about 90 milligrams of silver, 36 milligrams of gold, 0.7 grams of tin and six grams of copper. The smartphone also contains cobalt, aluminum, palladium, tantalum, gallium and indium. A total of seven substances, referred to by the EU Commission as so-called critical raw materials, are used.
The collection and recycling of raw materials is becoming increasingly important, but the high demand for raw materials cannot be saturated. This continues to make mining particularly important as an indispensable supplier.
The companies that supply the raw materials include Sibanye-Stillwater and Copper Mountain Mining.
Sibanye-Stillwater - http://www.commodity-tv.net/c/search_adv/?v=299167 - takes care of platinum, palladium and gold. Gold is produced in South Africa, platinum and palladium in South Africa and North America. The core business of Sibanye-Stillwater takes place in the USA. Through an agreement with Generation Mining, the company is also involved in the further development of the PGM copper Marathon project in Ontario, Canada.
Copper Mountain Mining - http://www.commodity-tv.net/c/search_adv/?v=298887 - has a 75 percent stake in the Copper Mountain Mine in British Columbia. In addition, the Company owns the Cameron Copper Exploration Project and 30 kilometers away is the Eva Copper Project in Australia. The latter has already been approved and is ready for development and is planned as a conventional open-pit mine.
Current company information and press releases from Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/) and Copper Mountain Mining (https://www.resource-capital.ch/en/companies/copper-mountain-mining-corp/ ).
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