Wow, read an interesting
article in the German news outlet
Der Spiegel about the indirect cost of producing gold.
In this interview, mining expert Keith Slack states some amazing facts.
E.g., to produce the gold needed for an average marriage band, about 20 tons of waste is produced
The main issue seems to be that Cyanide is ussed to separate gold from the rocks.
About 182,000 tons cyanide is being use to extract gold.
Wow.
Given the environmental burden, gold should probably cost even more than it does today.
-t