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Wednesday, February 12, 2014

A Hot Commodity

GOLD
 
 
Mining gold at the Kopanang Mine is a HOT topic.  To mine the gold, men travel 2 miles down into the earth, in other words, they are on an elevator for 10 minutes traveling into the darkness of the mining underworld.  They mine in an area where the rock radiates the heat that was from the crust of the earth.  These men are working in areas that are as hot as 140 degrees.  Because the mines are so hot, the gold company spends 40% of their daily expense just to keep the mine cool enough to work in.  They pump water and use ventilation to keep cool air moving. 
 
 
The mine brings up tons of rock with gold on it, that has to be melted into 80% gold bars.  These bars travel to Johannesburg, Africa where it is heated to super hot temperatures to burn off the junk in the gold.  After the junk is removed, they are left with gold that is 99.9% pure gold.  The company's hot commodity makes them $20 million per day in gold!  I would like to be the owner of this company, would you work for me?  

1 comment:

  1. Yes it might be kinda fun to find gold, but going under 2 miles of earth? Pure darkness? I'm afraid of the dark! And it's cold, and hot? Sure, you might get paid a lot, but no way! Too much work for me...

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