Current prices (kg): Gold €129.130 Silver €2.080
    
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Where are the above-ground gold deposits? Can you counterfeit gold with tungsten? What size gold bar or coin do I choose? How much gold comes out of gold mines each year? Where is gold found in the world? Is the savings plan precious metal account physically secured? Do I choose platinum and palladium coins or bars? Which Dutch coins are used for investments? What is the difference between gold coins and gold bars? Do I pay VAT on platinum and palladium? Do gold bars have a certificate? Why doesn’t the gold price change over the weekend? Will gold ever come back as money? What types of gold mines are there? What is the daily fixing for gold? How much gold is used for gold bars and gold coins? How much gold is there in the world? Is gold exempt from VAT? How is gold recycled? How much gold does a gold investment coin contain? What is the difference between silver coins and silver bars? How much gold comes out of recycling each year? What does the LBMA quality mark mean? Is the purchase of silver exempt from VAT? Where is the Netherlands in the top 10 gold countries? Where can I buy gold? Why is gold so valuable? How much gold is used for jewelry? Which countries have the largest production of gold? What investment coins are there? Do I pay VAT on silver? Why should I buy gold? Why do central banks own so much gold? What does the spot price mean? What are LBMA gold bars? When did the Netherlands leave the gold standard? Can the government demand (confiscate) gold? Why is the price of gold rising or falling? How big is the gold market? How can I invest in gold? Cheapest provider of gold What does the supply and demand of gold consist of? (The Golden Tree) How has the gold price developed over the longer term? Which silver bar should I choose? How is the weight of gold expressed? How much gold is left in the ground? Which gold coin is best to buy? What is Gold? How long does it take to start up a gold mine? Do silver bars have a certificate? Is the gold price being manipulated? Do I pay VAT on silver coins? Can silver discolor? Do I choose gold coins or gold bars? How do I know if the gold is real? Why are gold coins and bars more expensive than the price of gold? What is the difference between buying physical goud and an exchange-traded gold product such as the iShares Physical What is the difference between platinum and palladium? Are there any other uses for gold? Why do countries have a gold reserve? What is the lifespan of a gold mine? What does carat mean? What are bullion coins? Which countries have the largest gold reserves? How does the VAT margin scheme on silver coins work? What is an ETF? How much gold is used in industry? What does the gold agreement entail? Can I take my gold abroad? How much silver does a silver investment coin contain? What is the Central Bank Gold Agreement? Is gold scarce? Which silver coin is best to buy?
How harmful are gold mines to the environment?

Today, a gold mine extracts on average a few grams of pure gold from a ton of gold ore. This means that thousands of kilos of rock have to be processed for a gold ring or a gold investment coin. This is done with large machines that require a lot of diesel. If we divide the total gold production of the five largest gold mines in the world by the total fuel consumption, we arrive at a consumption of about 90 liters of diesel per troy ounce of gold in 2012 and 2013. According to S&P Global (2019), gold mines emit about 0.8 tons of CO2 for every ounce of gold mined. 

In addition, mines use a lot of water, cyanide and mercury to extract the gold from the rock for gold mining. The wastewater washes into rivers, taking large amounts of sand and debris with it. The use of mercury can also release toxic fumes into the air. Big Open pit Gold mines also disturb the landscape and ecosystem. If a mine is not carefully returned to nature afterwards, there is also a risk of erosion and further deforestation. It is therefore not surprising that there are increasingly strict controls on the origin of gold and that mines in various countries are subject to strict regulations with regard to the environment.

 

 

 

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