Great Video, I use this for my middle school class after we complete a simple seperation of salt and pepper to show students' real authentic applications.
Seeing the hard process that it takes to make silver, it's amazing that it's not 100 dollars an ounce yet. But that day will come sooner than we think. So now is the time to buy as much as you can!
@mphello Exactly, the process involved makes silver much form valuable. Silver been criminally undervalued for so many corporate, banking & military crimes against humanity & the environment. This just can't continue & seeing how it's mined truly makes you realize what a bargain it still is.
@edrsilver It also emmits large volumes of CNH (wich is pretty hard to breakdown) into the atmosphere, its effects unknown. Also, that "breakdown" still precipitates heavy metals into the bottom of the tailings pond, and they have a documented tendency to infiltrate to underground waters. Another important fact is that after decades, the water still has over 10 mg/lt of cyanide ion, while standards for waste waters have a maximum of 2mg/lt for human consumption, and 0.05 for water ecosystems
Great video. Thanks Endeavour Team ! The silver brick looks great when it finally falls out of the mould. When the brick is repurified/ refinished into bullion, it looks magnificent. How do you dispose of all of the spent cyanide (unpleasant stuff) ?
well gold is like 1.3lb per metric ton of ore on average approx. that what i heard so silver is probably a very small ratio per tonnage. if thats any help... they use a similar extraction process for gold not so sure why silver extraction is more complex then gold .
I know this is a changing number, based on many factors not least of which is the cost of hydrocarbon fuel,....but.... How much does it cost to produce one ounce of silver from this mine?? (PS. Truly an amazing video, thanks for all the effort that went into it)
Our latest educational episode of the Silver Series is live. This one is entitled "The Value of Silver", and it looks at how and why silver is used as money. Find it on our channel page.
@pdxeddie1111 Most of the cyanide is recovered through a process then reused. Some cyanide is present in the tailings pond. Most people don't know that once cyanide hits oxygen and sunlight it breaks down.
@svankensen That not even considering the unknown effects of cyanometallic compunds, or the solid wastes, wich are highly alkaline. Still, im glad you use vat leaching, its much cleaner than heap leaching, but really, the ridiculous prices that silver is reaching allow for much cleaner production, cyanide leaching has been around for decades and has a constant history of industrial accidents. Waiting for a reply Felipe Suárez PS:Sorry for any misspellings, english it's not my native language.
After watching gold rush on Discovery, silver mining in comparison is much less glamorous and rewards a fraction of the price. Makes me wonder why anyone bothers mining silver if they can go for gold and yield higher returns. If it's a by product of mining copper and other materials then it makes sense, but mining straight up silver seems like too much work for only $15 oz
It’s really depends of the grade of the mineral or the rock. Normal grade done in in 19s they used to extract 1 grams from around 25kg of rock. I’m now with better equipment it’s a bit better. Probably around 3 grams out of 25kg of rock.
@TheTrueJBV3737 Well, True, that's probably a true assessment. But, with demand for physical silver in the market, at some point that game is gonna end....hard. Yep, I'm a silver stacker too.
@pdxeddie1111 Im just wondering because im fairly sure they recover it but what I'm curious about with the process that it takes even for copper miners to recover silver is how they can do it for so cheap? Some even claim as cheap as $5 an ounce and I find almost unbelievable. If way more expensive to mine than they say then it stands to reason silver is still cheap at its current price even though it only looks expensive
@mphello American dollars for example are not printed on paper at all, cellulose in dollars comes from cotton. That is one. And two, if it would really come to us cutting the last tree on the planet then value of money would be the very last thing to worry about. Keep tryint to legalize marijuana, though. I am sure you will achieve so much by calling politicians "assholes" and "morons"... - that is sarcasm btw. I just feel I have to explain it or you would not be able to grasp it.
