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The grade of the ore from which gold is to be recovered will determine how much of it must be processed to recover that ounce of gold. There is a broad variation, but there is plenty of gold in ores that is dispersed so widely that it is not economical to attempt commercial recovery. In an additional note, gold exists in veins within ores, and is not chemically combined with other elements within that ore. Mines that are probably considered marginal yield something on the order of 4 to 6 grams of gold per ton of ore, and you can do some simple math from there (perhaps using 5 grams/ton) to discover an answer for the stated grade of ore. There are just over 30 grams in a Troy ounce, and at 5 grams/ton, you're looking at 30 divided by 5 or 6 tons of ore to recover that (Troy) ounce of gold from ore with a grade of 5 grams/ton. If you have 6 tons of ore, that's a lot of ore, and you have a lot of hard work ahead of you if want the ounce of gold disbursed in it. It will take time and energy to win the metal, and it might be as cheap to buy the gold as to recover it from the ore. But we'll leave it for you to do the math after you get an assay.
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How much is 2500 tons of gold worth?
As of October 2023, the price of gold is approximately $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 2,500 tons of gold would be equivalent to about 80,500,000 ounces. Multiplying this by the current price per ounce, 2,500 tons of gold would be worth roughly $152.45 billion.
How much is 25 tons of gold worth at 1667 an ounce?
15, 069, 980.00
How much would 150000 tons of gold cost?
To determine the cost of 150,000 tons of gold, we first need to know the current price of gold per ounce. As of October 2023, gold is approximately $1,900 per ounce. There are about 32,150.7 ounces in a ton, so 150,000 tons of gold would be roughly 4,826,000,000 ounces. Multiplying that by the price of $1,900, the total cost would be approximately $9.17 trillion.
What is the worth of 25 tons of gold?
The worth of 25 tons of gold depends on the current market price of gold, which fluctuates daily. As of October 2023, gold prices are approximately $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 25 tons of gold would be worth around $1.89 billion at that price. However, it's important to check the latest gold prices for an accurate valuation.
How much is 20 tons of gold worth?
As of October 2023, the price of gold is approximately $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 20 tons of gold would be equivalent to about 641,421 ounces. Therefore, 20 tons of gold would be worth around $1.22 billion. However, gold prices fluctuate, so the exact value may vary.
How many tons in an ounce?
1 ounce = 3.12500 × 10-5 short tons
How much the value of 8133.5 tons of gold?
To determine the value of 8,133.5 tons of gold, you first need the current market price of gold per ounce. As of October 2023, gold is approximately $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 8,133.5 tons of gold equates to about 261,500,000 ounces. Multiplying this by the price per ounce gives a value of approximately $496.85 billion.
How much is 2500 tons of gold worth?
As of October 2023, the price of gold is approximately $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 2,500 tons of gold would be equivalent to about 80,500,000 ounces. Multiplying this by the current price per ounce, 2,500 tons of gold would be worth roughly $152.45 billion.
How much is 25 tons of gold worth at 1667 an ounce?
15, 069, 980.00
How much would 150000 tons of gold cost?
To determine the cost of 150,000 tons of gold, we first need to know the current price of gold per ounce. As of October 2023, gold is approximately $1,900 per ounce. There are about 32,150.7 ounces in a ton, so 150,000 tons of gold would be roughly 4,826,000,000 ounces. Multiplying that by the price of $1,900, the total cost would be approximately $9.17 trillion.
How many ounce are there in a ton?
1 ounce = 3.12500 × 10-5 short tons
How many tons goes in a ounce?
1/32,000
What is 8200 tons of gold worth?
As of October 2023, the price of gold fluctuates around $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 8,200 tons of gold would be approximately 263,000,000 ounces. Multiplying this by the price per ounce, 8200 tons of gold would be worth roughly $500 billion. However, gold prices can vary, so the exact value may differ based on current market conditions.
How much was 100 tons of gold worth in 1945?
In 1945, the price of gold was approximately $35 per ounce. Since there are 32,150.7 ounces in a ton, 100 tons of gold would equate to about 3,215,070 ounces. This means 100 tons of gold would be worth around $112,527,450 in 1945.
How much ore is needed to get one ounce of gold?
The amount of ore needed to extract one ounce of gold can vary depending on the concentration of gold in the ore. On average, it typically takes about 2.3 tons of ore to extract one ounce of gold. This ratio is known as the ore grade and is an important factor in determining the economic viability of gold mining operations.
How much is 4000 tons of gold?
The value of 4,000 tons of gold can vary significantly based on current market prices. As of October 2023, gold is approximately $1,900 per ounce. Since there are 32,150.7 ounces in a ton, 4,000 tons of gold would be worth roughly $244.2 billion, assuming the price remains constant.
How many tons of gold equals a trillion dollars?
With gold selling in 2012 at $1700 an ounce or more, a trillion dollars worth would be equal to or less than 29,781 short tons (US). A short ton is 2000 pounds (avoirdupois). A troy pound of gold is 12 troy ounces, and is equal to about 0.823 pounds. At $1700 an ounce (troy), gold would be $20,400 a troy pound, or $16,789 a pound (avoirdupois). A ton would therefore be $33,578,000.
