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Gold Essay Research Paper Antwan LucasGold

Gold Essay, Research Paper


Antwan Lucas


Gold


Gold, symbol Au , soft, dense,


bright yellow metallic element. Gold is one of the


transition elements of the periodic table (see Periodic


Law); its atomic number is 79.


Pure gold is the most malleable and ductile of all the


metals. It can easily be beaten or hammered to a


thickness of 0.000013 cm (0.000005 in), and 29 g (1.02


oz) could be drawn into a wire 100 km (62 mi) long. It


is one of the softest metals (hardness, 2.5 to 3) and is


a good conductor of heat and electricity. Gold is bright


yellow and has a high luster. Finely divided gold, like


other metallic powders, is black; colloidally suspended


gold ranges in color from ruby red to purple (see


Colloid).


Gold is extremely inactive. It is unaffected by air,


heat, moisture, and most solvents. It will, however,


dissolve in aqueous mixtures containing various halogens


such as chlorides, bromides, or some iodides. It will


also dissolve in some oxidizing mixtures, such as


cyanide ion with oxygen, and in aqua regia, a mixture of


hydrochloric and nitric acids. The chlorides and


cyanides are important compounds of gold. Gold melts at


about 1064. C (about 1947. F), boils at about 2808. C


(about 5086. F), and has a specific gravity of 19.3; its


atomic weight is 196.97.


Gold is found in nature in quartz veins and secondary


alluvial deposits as a free metal or in a combined


state. It is widely distributed although it is rare,


being 75th in order of abundance of the elements in the


crust of the earth. It is almost always associated with


varying amounts of silver; the naturally occurring


gold-silver alloy is called electrum. Gold occurs, in


chemical combination with tellurium, in the minerals


calaverite and sylvanite along with silver, and in the


mineral nagyagite along with lead, antimony, and sulfur.


It occurs with mercury as gold amalgam. It is generally


present to a small extent in iron pyrites; galena, the


lead sulfide ore that usually contains silver, sometimes


also contains appreciable amounts of gold. Gold also


occurs in seawater to the extent of 5 to 250 parts by


weight to 100 million parts of water. Although the


quantity of gold present in seawater is more than 9


billion metric tons, the cost of recovering the gold


would be far greater than the value of the gold that


could thus be recovered.


The metal has been known and highly valued from earliest


times, not only because of its beauty and resistance to


corrosion, but also because gold is easier to work than


all other metals. In addition, gold was easier to obtain


in pure form than the other metals. Because of its


relative rarity, gold became used as currency and as a


basis for international monetary transactions (see


Dollar; Gold Standard). The unit used in weighing gold


is the troy ounce; 1 troy ounce is equivalent to 31.1


grams.


The major portion of the gold produced is used in


coinage and jewelry (see Metalwork). For these purposes


it is alloyed with other metals to give it the necessary


hardness. The gold content in alloys is expressed in


carats (see Carat). Coinage gold is composed of 90 parts


gold to 10 parts silver. Green gold used in jewelry


contains copper and silver; white gold contains zinc and


nickel, or platinum metals.


Gold is also used in the form of gold leaf in the arts


of gilding and lettering. Purple of Cassius, a


precipitate of finely divided gold and stannic hydroxide


formed by the interaction of auric chloride and stannous


chloride, is used in coloring ruby glass. Chlorauric


acid is used in photography for toning silver images.


Potassium gold cyanide is used in electrogilding. Gold


is also used in dentistry. Radioisotopes of gold are


used in biological research and in the treatment of


cancer (see Isotopic Tracer).


The simplest process used for mining gold is panning,


using a circular dish often with a small pocket at the


bottom. The prospector fills the dish with gold-bearing


sand or gravel, holds it under a gentle stream of water,


and swirls it. The lighter parts of the gravel are


gradually washed off and the gold particles are left


near the center of the pan or in the pocket.


As gold mining developed, more elaborate methods were


introduced and hydraulic mining was invented. The


hydraulic method consists of directing a powerful stream


of water against the gold-bearing gravel or sand. This


operation breaks down the material and washes it away


through specially constructed sluices in which the gold


settles, while the lighter gravel is floated off. For


mining on rivers, elevator dredges are generally used.


The elevator dredge is a flat-bottomed boat that uses an


endless chain of small buckets to scoop up the material


from the river bottom and empty it on the dredge into a


trommel (a container built of screening). The material


is rotated in the trommel as water is played on it. The


gold-bearing sand sinks through perforations in the


trommel and drops onto shaking tables, on which it is


further concentrated. Dredging can also be used in dry


beds of ancient rivers if ample water is within a


reasonable distance. A pit is dug, and the dredge is


moved in and floated on water pumped from the adjacent


source.


Extensive underground deposits of gold-bearing rocks are


often discovered by a small outcrop on the surface.


Shafts are sunk, as in coal mining, and the ore is


brought to the surface. It is then crushed in special


machines.


Gold is extracted from gravel or from crushed rock by


dissolving it either in mercury (the amalgam process) or


in cyanide solutions (the cyanide process). Some ores,


especially those in which the gold is chemically


combined with tellurium, must be roasted before


extraction. The gold is recovered from the solution and


melted into ingots. Gold-bearing rock with as little as


1 part of gold to 300,000 parts of worthless material


can be worked at a profit.


The rarest form of gold is a nugget.

The largest known


nugget, the Welcome Stranger, weighing 2,284 troy oz


(equivalent to 59.0 kg/130.1 pounds), was turned up


accidentally, just below the surface of the ground, by a


wagon wheel in Victoria, Australia, in 1869.


Gold production dates from the Etruscan, Minoan,


Assyrian, and Egyptian civilizations, when placer gold


was derived from alluvial sands and gravels by simple


processes of washing or panning. Gold was produced in


this manner at an early period in India, central Asia,


the southern Ural Mountains and in the regions bordering


the eastern Mediterranean. With progress in mining


technique, primary auriferous (gold-bearing) veins were


exploited; this type of gold mining attained some


importance before the Christian era. During the Middle


Ages little progress was made in gold production and


mining.


At the time of the discovery of the Americas the value


of the total gold stock of Europe was probably less than


$225 million. During the succeeding 350 years, from the


end of the 15th century to about 1850, the world gold


output totaled about 4,665,000 kg (about 150 million


troy oz). South America and Mexico became large


producers of gold during this period. Spain’s domination


in South America resulted, in the 16th century, in a


large increase in gold produced in the New World; some


resulted from simple seizure of gold from the Native


Americans, who had long mined the metal. In the same


century Mexico contributed about 9 percent of the total


world production. Gold was discovered in Australia in


February 1851, and rich fields were found there.


By the middle of the 19th century the United States


produced a considerable percentage of the world gold


production. In the United States gold has been produced


in two regions: the eastern region along the Appalachian


Mountains, and the western region along the Rocky


Mountains and the Sierra Nevada, Coast, and Cascade


ranges. Gold has been found in numerous places on the


eastern slope of the Appalachians from Newfoundland,


Canada, to Alabama, although workable deposits occur


only in Nova Scotia and in the southern United States.


In the South the auriferous belt, ranging up to 120 km


(75 mi) in width, extends from Virginia through North


Carolina, South Carolina, and Georgia into Alabama. Both


veins and surface deposits have been worked; some


pockets of ore were exceptionally rich. The first gold


shipped to the United States Mint for coinage from the


southern states was from North Carolina in 1804. For the


next 20 years the value of the annual output of North


Carolina amounted to less than $2,500. In 1829 Virginia


and South Carolina, in 1830 Georgia, in 1831 Alabama and


Tennessee, and in 1868 Maryland shipped gold to the mint


for coinage.


The western gold fields extend in the Cordilleran region


from Alaska to Mexico. Gold was discovered first in this


region in California on January 24, 1848, during


excavation for a sawmill on land settled by the American


pioneer John Sutter. During the next five years gold


valued at more than $285 million, an amount 21 times


greater than the value of the total previous production


of the entire country, was produced in California. The


gold rush took place at this time, when people from all


parts of the world rushed to the new gold district (see


Forty-niners). The discovery furnished the incentive for


the exploration and development of the whole far-western


section of the United States. The Comstock Lode, a


famous discovery made in 1859, is situated on an eastern


spur of the Sierras, extending into Nevada. Placers and


veins similar to those of the Sierras are found also in


Oregon and Washington. The Rocky Mountains and the


outlying ranges, which were first prospected in the


early 1860s, include an immense area of gold-bearing


territory. Rich gravels have been worked at the


following locales: near Leadville, Fairplay, and in San


Miguel County, Colorado; near Helena and Butte, Montana;


along the Snake and Salmon rivers, Idaho; near Deadwood,


South Dakota; at Santa Fe, New Mexico; and in Alaska.


Placer deposits of gold were discovered on the Yukon


River in Canada and Alaska in 1869. The discovery in


1896 of a rich deposit in the Bonanza Creek, a headwater


of the Klondike River, which in turn is a tributary of


the Yukon, led to another gold rush. In 1910 discoveries


were made on Bitter Creek, near Stewart, British


Columbia. In 1911 gold was also discovered in Alaska,


some 30 km (some 20 mi) from the Canadian boundary at


the source of the Sixty Mile River, which rises in


Alaska and flows into the Yukon River. Since 1911 the


production of gold in Ontario, in the Porcupine and


Kirkland lake districts, has gone ahead rapidly.


Important discoveries of gold mixed with copper were


made in northwestern Qu bec. The gold production of


Australia has been famous since 1851; the chief centers


of production are in Western Australia and Victoria.


South Africa is the world’s leading supplier of gold,


producing 474 metric tons in 1998; its most important


gold mines are in the Witwatersrand region. Some 70


other countries produce gold in commercial quantities,


but two thirds of the total worldwide production now


comes from South Africa, the United States, Australia,


China, Canada, and Russia.


In 1998, the amount of gold produced in the United


States was 366 metric tons. U.S. consumption, by major


markets, included jewelry and arts, 55 percent;


industry, 42 percent; and dental, 3 percent. Most


jewelry manufacturing in the United States is centered


in New York City and Providence, Rhode Island.


On December 31, 1974, the U.S. federal government lifted


a 41-year ban on the private ownership of gold. Around


that time gold was being traded on the London bullion


market at record highs approaching $200 an ounce. After


subsequent sharp decreases, prices rose to a high of


$850 in January 1980. They then dropped considerably and


in the early 1990s settled at about $370 an ounce.


310

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