Wednesday, October 27, 2010

Teen beats old-timers to win national title

Click photo to enlarge
Amelia Gatward-Ferguson (14), of Queenstown, became the youngest winner of the New Zealand gold-panning championships yesterday, outclassing panners with 40 years more experience. Photo by Lynda van Kempen.
Amelia Gatward-Ferguson (14), of Queenstown, became the youngest winner of the New Zealand gold-panning championships yesterday, outclassing panners with 40 years more experience. Photo by Lynda van Kempen.
Seven flakes of gold gave Queenstown teenager Amelia Gatward-Ferguson a glittering advantage yesterday when she became the youngest winner of the New Zealand gold-panning championship. Amelia lined up in the final at Cromwell beside the category winners and the next three top panners from the day's competition.
Her father David was one of the finalists, as were defending champion Bill Lind, of Haast, who had won the event for three successive years, his brother Artie, of Timaru, and John May, of Ettrick, both former national champions.
Competitors were each given a bucket of soil "salted" with a certain number of gold flakes.
They had no idea how many pieces of gold were in the soil and had 10 minutes to pan it, retrieving as many flakes as they could.
The time taken played a part in their overall mark, but finding all the flakes was crucial as a five-minute penalty was given for every flake they did not retrieve.
Amelia was surprised to take top honours, although she hoped she might do well when she realised she had found more flakes than most of the finalists.
Her prize includes the right to represent New Zealand at the Australasia Goldpanning Championships in Ballarat, Australia, in March 2012, and $1000 to go towards her expenses.
Organising committee member Margaret May, of Ettrick, said Amelia was the youngest national winner in the 19-year history of the event.
"It's been a long time coming.
We've never had anyone from the under-16 category being the overall winner before but she'll do us proud in the Australasian championship," Mrs May said.
Amelia said representing New Zealand overseas would be "pretty cool".
She has been gold-panning for about six years, starting when her parents David and Amanda took up the pastime.
"The best thing about it is the feeling you get when you see one of the gold specks in your pan."
Although she has not been "training" for the competition, the family occasionally panned in the Arrow or Shotover Rivers.
"It's more of a hobby for us, than a sport."
Technique, skill and the kind of pan used determined the end result, she said.
Amelia had little time to celebrate her victory - she had to catch a bus to head back to Dunedin, where she attends Columba College.
The championships are run by the Otago Goldfields Heritage Trust and this year attracted more than 40 entries.
Category winners were.- Under 16, Connor Chubb (Wellington); veterans, Paul Chisnall (Queenstown); women, Alison Marsh (Wellington); men's section, classic and open, Bill Lind (Haast).
Mr Chisnall was runner-up in the national championship and Artie Lind (Timaru) was third.

Sunday, October 24, 2010

Japanese Mining sewage for GOLD

A sewage treatment facility in central Japan has recorded a higher gold yield from sludge than can be found at some of the world's best mines. An official in Nagano prefecture, northwest of Tokyo, said the high percentage of gold found at the Suwa facility was probably due to the large number of precision equipment manufacturers in the vicinity that use the yellow metal. The facility recently recorded finding 1,890 grammes of gold per tonne of ash from incinerated sludge.

That is a far higher gold content than Japan's Hishikari Mine, one of the world's top gold mines, owned by Sumitomo Metal Mining Co Ltd (5713.T), which contains 20-40 grammes of the precious metal per tonne of ore.

The prefecture is so far due to receive 5 million yen ($55,810) for the gold, minus expenses.

It expects to earn about 15 million yen for the fiscal year to the end of March from the gold it has retrieved from the ashes of incinerated sludge.

"How much we actually receive will depend on gold prices at the time," the official said.

Some gold industry officials expect prices this year to top the all-time high above $1,030 per ounce set in 2008, on buying by investors worried about the deepening economic downturn.

Thursday, October 21, 2010

How Can You Tell the Difference between Mica Flakes, Pyrite Flakes, and Gold Flakes?

How Can You Tell the Difference between Mica Flakes, Pyrite Flakes, and Gold Flakes?

Whether you’re gold panning or shopping at a garage sale or digging through your attic, when you see gold flakes it’s an exciting moment, especially if they turn out to be real gold.  But how can you be sure it’s gold and not mica or pyrite (also known as fools Gold?  Here are some things you can try:
  • Take tweezers and bend one.  Gold will bend, but pyrite and mica usually will not.  If the flakes shatter or break, they aren’t gold.  Gold will simply bead up.  Note that if you don’t bend it far enough, mica might spring back since it does have SOME flexibility.
  • If you poke pyrite or mica flakes with a pin, they will usually break apart into even smaller flakes, whereas gold will dent and spread like soft lead.
  • Rub the flakes between your fingers.  If they disintegrate, they aren’t gold.
  • If you’re gold panning, pyrite and mica are much lighter than gold and will usually float out in the panning process.  Be more excited about gold flakes that stay at the bottom of the pan!
  • Gold flakes will still look like gold in the shade whereas pyrite and mica won’t.
  • If you scratch a larger piece of pyrite, it will produce a sulfur smell.
  • Gold is a metal, pyrite and mica are not, so see what your metal detector has to say!  However, keep in mind that the detector won’t always detect flakes because they’re so small.
  • Gold shines, but pyrite and mica (due to their crystalline structure) tend to be more glittery in appearance.  In the sunlight, gold nuggets or flakes will continue to shine as the specimen is turned to different angles and remain the same color.  Pyrite and mica will glitter as the different sides of their crystal-like structure reflect light differently.  They will also change color when tilted in a different direction due to its color coming from reflected light.

Sunday, October 17, 2010

History of Gold

Gold history
Gold is one of the ten elements of ancient times. The oldest findings date back to the 5th millennium before Christ. The Egyptian pharaohs regarded gold as a divine metal. They considered themselves to be descendants of the Sun God. Gold was a means of achieving immortality, for which reason a deceased pharaoh was wrapped in gold, i.e. the burial chamber was filled with items made from gold and silver. When Tutankhamun’s grave was excavated in 1922, the researchers found the pharaoh’s mummy surrounded by three sarcophaguses, while the inside was made of solid gold and weighed more than 108 kg. The burial chamber featured chariots made from white gold, golden daybeds, statues and Tutankhamun’s throne, which was fully plated in gold foil.
The Roman Empire was to some extent established on the basis of stolen gold and silver. Within three hundred years, the Romans managed to attain control of all known mines and deposits of the then known world. Gold and silver were a solid currency, and golden adornments and statues everywhere paid witness to the wealth of Roman life. The Romans already knew a cleaning method by smelting with lead, common salt or chalk.
Gold was also one of the driving forces for Christopher Columbus to search for a new sea route to India. In the 16th century, the Spanish conqueror Hernández Cortés landed near what is today Vera Cruz and subjugated the people of the Aztecs. The king of the Aztecs, Montezuma, welcomed the Spanish with gold presents, but this, of course, only incited the greed of the Spanish all the more. They strung the king along with lies and then murdered him and his entourage at a convenient time. They also destroyed the Aztec capital and were responsible for a terrible massacre of the population. The entire gold of the Aztecs was taken to Spain on ships. This story has been repeated in the line of history in many other variations, whether it is the murder of Inca king Atahualpa by the Spanish conqueror Pizarro in 1532, or the murder of thousands of Indians by Western settlers in the United States in the 19th century.
In the Middle Ages, alchemists tried to use transmutation from other substances to artificially create gold, which was never a success. They regarded cinnabar and mercury for a preliminary stage of the so-called “philosopher’s stone”. The idea was that this was a magic substance, which had the property of making gold from worthless metals. The alchemistic symbol of the circle initially represented the solar disk.
Properties:
Gold is a precious metal which shines in a golden yellow and has a high level of density. It is the most flexible of all metals, 1g of gold can be extended to a wire with a length of 3 km. The metal can be rolled out to gold leaf, which has a thickness of approx. 1 micrometre. The yellow gold leaf appears blue-green when glancing over it. Gold can be alloyed with other metals; when doing so with mercury, amalgam is created. In addition to silver and copper, gold is one of the three best conductors of heat and electrical power. Gold is a very precious and corrosion-resistant metal, which is not affected by air, water or acids. Only chlorine water or aqua regia can dissolve gold.
Deposits:
Gold is a rare element and ranks above platinum 75th as regards element frequency. In the earth’s crust, up to a depth of 16 km, gold can be found with a share of 4.1mg/t in the rock, iron meteorites have an average share of 1.8g/t and seawater has 1-2 micrograms of gold per cubic metre of water. In nature is mainly occurs as native gold in elementary form but is nearly always contaminated with silver and other metals, such as copper, bismuth and mercury. Gold with a content of more than 30% of silver is called electrum. Grains, lumps or “nuggets” are found in river sands which can be found by “gold panning”.
The biggest nugget of the world so far was found in 1931 near Kalgoorlie/western Australia. It is the “Golden Eagle” with a length of 67.4 cm and width of 29.2cm! It has a proud weight of 71.177 kg.
The nuggets are originally from quartz veins which were washed away by water. Due to its high density, the washed-out grains fall to the ground of the river sediment as “soaps”. Some minerals, such as quartz or pyrite, have a minor contamination with gold.
The biggest gold deposits in the world are on Witwatersrand in the Republic of South Africa. The gold content is up to 45g/t of quartz rock. Other significant deposits are in Mother Lode/California, in Cripple Creek/Colorado, in Alaska, in Canada, in the Urals, in Ghana or in Zimbabwe. The biggest lump of gold found to date had a weight of 71 kg and was brought to light in Australia in Kalgoorlie. The most important deposits in Europe are in Transylvania. In Germany the rare metal is recovered with other precious metals from copper pyrite and galena, while the gold content per tonne of ore is approximately one gram. The global reserves are estimated to be approx. 60,000 tonnes. The gold deposits in the world seas, however, make up several tonnes, but their extraction is currently not profitable.
Gold extraction:
The oldest method of extracting gold is gold panning. With this method, river sands are slurried in an industrial plant or only with a simple pan, whereby the gold nuggets or gold plates sediment on the ground or edge of the pan due to their high density.
Today, two industrial methods are the most important ones: During amalgation, the rock containing the gold is crushed in mills and mixed with water and mercury. The gold creates an alloy (amalgam) with the mercury, from which the mercury can be distilled off through distillation at 600°C. About two thirds of the gold can be extracted from the rock with this method. To extract the remaining gold, cyanide leaching is required, which was invented in 1887 by Scotsmen MacArthur and Forrest. In this method, the finely crushed rock is mixed with sodium or potassium cyanide solution with the addition of atmospheric oxygen. The gold enters into a complex cyanide compound, from which it can be extracted purely through reduction with zinc shavings. The gold drops to the grounds as a sponge. The precipitation is filtered, dried and roasted, then melted with the help of a flux, such as Borax, and melted into bullions.

Application:
For a long time, gold was an important currency metal, but this has no longer been the case since 1978. Nevertheless, some two thirds of gold reserves are kept in state deposits as currency reserves. In technology gold has, in contrast to platinum, only a very minor significance, as cheaper replacement substances have become available in the meantime. It plays an important role in dental medicine as dental gold, in electronics for the production of switch contacts and in optics for the production of high-quality mirrors, sun protection glasses and reflectors for satellites. Galvanic gold plating of objects for the protection against corrosion is of some significance in space travel in particular. The gold leaf with a thickness of 0.1 micrometres is used to adorn objects or restore objects of art. As Purple of Cassius, gold was occasionally used to colour glass and porcelain. Such glasses turn into a rich ruby colour, which is down to the existence of colloidal gold.
So why you must be wondering is my blog about gold? Well my offline work involves marketing stock in gold a processor and as a result I have come across a 16 year old German company with its own mine and processing plant with secure storage in St. Gothard Massif, Switzerland and we can get involved in gold investments and build a residual income for ourselves. This is not coins but pure 1,2 and 5 gram 24 Carat  – 999.0 fine gold!

Sunday, October 3, 2010

Get Yourself a Gold Panning Map and Have a Fun With Your Family



More and more families are feeling the pressures of this tough economy and looking for inexpensive alternatives to expensive vacations.  One such activity that your family would probably have a great time doing is gold panning.  It’s inexpensive and easy to get started in. The hobby of gold panning is one that can be enjoyed by both young and old.  There’s really no age limits to this hobby.  One of the nicest things about this hobby is that it so inexpensive to get started. 
You probably have a lot of the things that you we’ll need already like shovels and buckets.  The only things you’ll need to buy two get started in this hobby are a few gold pans, some plastic eyedroppers for sucking the gold flakes up out of the bottom of the gold pan, and some plastic bottles for storing the gold that you might find.
To get started with this hobby, I would recommend that you sign your family up with a local gold panning club.  These clubs are full of people who are interested in the hobby a gold panning and are more than willing to help your family learn what they need to know. They often have weekend activities where they get together as a club for a fun weekend of gold panning.  This is the perfect way to learn from people who have spent years learning the secrets of gold panning.
While many people will be in willing to help you learn how to pan for gold when you join one of the gold panning clubs, oftentimes people can be quite secretive about their hot spots.  It can be a little frustrating trying to learn where to successfully pan for gold if no one will tell you where to go.  If you go to this website www.goldmapsonline.com you can buy some online gold maps that show every registered gold mining claim in your state.
I live in California so I bought the California gold panning map. Once you know where other people are successfully finding gold, you can go look in the same area.  It’s important to know however that you are not allowed to pan for gold on other people’s claims without their strict written permission.  That’s not to say that you can’t pan for gold upstream or downstream from their claim and be quite productive.  These maps can show you exactly where to look.

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