27 Aug Huge gold-encrusted rocks unearthed i
Huge gold-encrusted rocks unearthed in Australia
- 6 hours ago, https://www.bbc.com/news/world-australia-45468159 (Links to an external site.)Links to an external site.
Miners in Western Australia say they have discovered two huge gold-encrusted rocks that are each estimated to be worth millions of dollars.
The largest specimen, weighing 95kg (210lb), was found to contain more than 2,400 ounces of gold, Canadian miner RNC Minerals said.
The company said it had extracted gold worth about C$15m (£9m; $11m) from a mine near Kalgoorlie last week.
One mining engineer described the finds as “exceedingly rare”.
“People do still record finding nuggets in the goldfields, but typically they are less than several ounces,” said Prof Sam Spearing, director of the Western Australia School of Mines at Curtin University.
The mining company valued the largest rock at about C$4m. It said the second-largest – a 63kg specimen with an estimated 1,600 ounces of gold – was worth C$2.6m.
The rocks were otherwise made of quartz, the company said.
Miners in Australia often extract as little as 2g of gold per tonne of rock, Prof Spearing told the BBC. RNC Minerals said it had extracted 2,200g per tonne.
“Very, very seldom do we see results on that level. This is an exceedingly rare find and very exciting,” Prof Spearing said.
He said that gold particles were often too small to be visible to the human eye.
The Beta Hunt mine had primarily been running as a nickel operation until last week’s discovery.
The company had targeted the gold vein, located 500m (1,600ft) underground, after finding traces of gold closer to the surface in June.
RNC Minerals chief executive Mark Selby said the largest rocks would go to auction as collector items.
For this analysis:
1- Summarize the story
2- Find out who wrote this article and when.
3- Explain why this story is considered important, and what impact this discovery
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.