Gaga Artisanle Miniere’s Post

Part 3: The Gold Rush Era—From Nuggets to Bars Hello, Precious Metals Group of Marina Del Rey! Today, we’re diving into one of the most exhilarating periods in history—the Gold Rush era. This was when fortunes were made (and lost) in the race to unearth gold from the earth, transforming raw gold nuggets into the gold bars that symbolize wealth and security today. Let’s explore the fascinating history, key factors, and the value of gold nuggets compared to gold bars. I’m curious to hear your thoughts on this golden topic! The History of the Gold Rush Era The Gold Rush era, which began in earnest with the California Gold Rush of 1848, was a period of rapid expansion and migration as people worldwide flocked to goldfields in the hope of striking it rich. Miners panned rivers, dug into mountainsides, and sifted through the earth, searching for the elusive glint of gold. They found gold nuggets—raw, unrefined pieces of gold that varied in size and purity. These gold nuggets represented instant wealth for those lucky enough to find them. However, as the Gold Rush progressed, the need to transport, store, and trade this newfound wealth led to the refining of gold into bars. Gold bars were easier to store and transport, and their standardized weight and purity made them the preferred form of gold for trade and investment. Key Factors: From Nuggets to Bars 1. Raw vs. Refined: Gold nuggets are prized for their natural form, with collectors often paying a premium for particularly large or uniquely shaped pieces. However, gold bars, which are refined and standardized, have become the preferred form for investors due to their consistent purity and ease of trade. 2. Historical Significance: Gold nuggets from the Gold Rush era carry immense historical value. They are tangible reminders of a time when people risked everything for a chance at wealth. Some of these nuggets have become legendary, with stories of their discovery becoming part of the folklore of the Gold Rush. 3. Value Comparison: While gold nuggets can fetch high prices due to their rarity and historical significance, gold bars are valued based on their weight and purity. In the modern market, gold bars are a stable and recognized form of investment, whereas nuggets are often seen as collector’s items, with their value depending on factors beyond just the gold content. The transformation from raw gold nuggets to refined gold bars is a journey through history, reflecting the changing needs and technologies of society. Have you ever come across a gold nugget or bar in your collecting adventures? What fascinates you more the natural beauty of a nugget or the sleek, polished form of a bar? I’d love to hear your thoughts. Share them in the comments below! Happy collecting!

World's second-largest diamond found in Africa. A 2,492-carat diamond, the second-largest diamond ever recorded, has been discovered in https://buff.ly/4dAL7he #MMI #Diamonds

🌿🌐 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗠𝗶𝗻𝗶𝗻𝗴 𝗼𝗳 𝗕𝗹𝘂𝗲 𝗦𝗮𝗽𝗽𝗵𝗶𝗿𝗲𝘀 🌐🌿 Sustainability in sapphire mining is crucial for protecting the environment and local communities. Ethical mining practices ensure minimal environmental impact and fair labor conditions. When purchasing blue sapphires, look for stones that are ethically sourced to support sustainable practices in the gemstone industry. 🌱🔷 GemMatrix is RJC approved ✅ ☀️ 𝗗𝗮𝘆𝗹𝗶𝗴𝗵𝘁 ◼ 𝗦𝘁𝗼𝗻𝗲 𝘁𝘆𝗽𝗲: Sapphire⁠ ◼ 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗲𝗱: Bellerophon ◼ 𝗖𝗼𝗹𝗼𝗿: Royal Blue (*Vivid Blue) ◼ 𝗧𝗿𝗲𝗮𝘁𝗺𝗲𝗻𝘁: Heated ◼ 𝗗𝗶𝗺𝗲𝗻𝘀𝗶𝗼𝗻𝘀 (𝗶𝗻 𝗺𝗺): 11.4 x 7.6 ◼ 𝗢𝗿𝗶𝗴𝗶𝗻: Sri Lanka ◼ 𝗪𝗲𝗶𝗴𝗵𝘁 (𝗰𝘁𝘀): 5,01 ◼ 𝗦𝗶𝗻𝗴𝗹𝗲/𝗣𝗮𝗶𝗿: Single ◼ 𝗣𝗿𝗶𝗰𝗲 𝗽𝗲𝗿 𝗰𝗮𝗿𝗮𝘁 (𝗶𝗻 𝗨𝗦𝗗): 4500$ #EthicalMining #PinkTourmaline #SustainableGems #FairTrade #ResponsibleSourcing #EcoFriendly #SocialImpact #RareGems

The diamond industry is a fascinating one, full of as much intrigue and mystery as the gold industry, and nothing triggers those emotions as much as the recent huge individual diamond discoveries. In the category of "nice problem to have", one of the challenges for diamond miners is what do they do when a huge stone is found. It isn't as simple as a 2 carat diamond is worth $x, so a 100 carat diamond is worth $50x and a 2,492 carat diamond is worth, well, no one knows for sure. In this National Post article by Gabe Friedman, we get a detailed breakdown of exactly how a company decides what to do with these specimens. One of the influences on that decision has to do with the state of the mining industry generally and what the outlook is. Diamond analysts say there are a half-dozen factors weighing on diamond prices. One is that in the aftermath of COVID-19, many North American consumers’ savings have dried up, and their discretionary spending has shifted back to services such as fancy meals rather than luxury goods like a diamond. Some say Russia’s war with Ukraine and the ongoing conflict in the Middle East have reduced consumer confidence, which is also affecting the diamond market. But lingering in the background is also the synthetic vs natural diamond debate. As I understand it, while many make the case that the products should be treated the same on the inital state, the resale market significantly discounts synthetic diamonds. The article also highlights how this debate is playing out for diamond companies more generally. So the good news is you found a huge diamond, the bad news is it is likely worth less than it would have been 5 years ago.

DOES GOLD MOVE FROM HILLS TO HILLS? According to some African beliefs, gold moves at night from one hill to another due to the activity of spirits or deities associated with this precious resource. These beliefs are often linked to traditions and legends passed down from generation to generation within communities. It is important to note that these beliefs are primarily based on mythological stories and cultural interpretations, and have no scientific basis. For those who believe these stories, this may be a way of providing a symbolic or spiritual explanation for the presence or distribution of gold in the region. As gold is a valuable and rare resource, often associated with wealth and power, it is not surprising that the legendary stories and mystics will develop around its origin and its circulation. These beliefs can also have social and economic implications, reinforcing practices mining traditions or by influencing rituals and customs linked to gold. GOLD DOES NOT MOVE, IT IS MOVED From a scientific perspective, gold can be moved over geological timescales, but very slowly. Gold is a relatively inert chemical element and is often combined with other minerals in the formation of gold deposits. The primary way gold is moved on a geological scale is through geochemical processes such as weathering and metamorphism of rocks. These processes can release gold from the host minerals that contain it, allowing it to be transported and concentrated in new areas. One of the mechanisms of gold migration is linked to hydrothermal fluids, which are solutions of hot, mineral-rich waters that flow through rock fractures. These fluids can dissolve gold and transport it to areas of lower pressure or chemical conditions favorable for the precipitation of gold in new gold deposits. Additionally, gold can be transported by surface water. like rivers. rivers and glaciers, which can erode gold deposits and redistribute gold particles into new environments. However, it is important to note that these processes take place over millions of years and are generally imperceptible on a human scale. So, if the belief that gold moves from one hill to another at night is understood as a rapid and visible movement, this does not correspond to scientific reality. Dr sâga sawadogo

Originating from the mineral zoisite, Tanzanite is a unique gemstone with traces of vanadium that give it blue and violet hues. The only known source of Tanzanite is a small mining region, approximately seven kilometres in length and two kilometres wide, located in the Simanjiro district of Tanzania's Manyara region. But why isn't this gemstone attracting much expected income for Tanzania? My story on TRT Afrika. https://lnkd.in/dDmJTZ4h

Next for April's 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗔𝗹𝗹𝗼𝘆𝘀 theme, we are sharing this work on silver production from north-east Africa and Trans-Saharan trade: 𝘔𝘦𝘥𝘪𝘦𝘷𝘢𝘭 𝘴𝘪𝘭𝘷𝘦𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘪𝘰𝘯 𝘢𝘳𝘰𝘶𝘯𝘥 𝘚𝘪𝘫𝘪𝘭𝘮𝘢̂𝘴𝘢, 𝘔𝘰𝘳𝘰𝘤𝘤𝘰 By S. Baron, M. Souhassou, F.-X. Fauvelle, Archaeometry (February 2020) 𝗔𝗯𝘀𝘁𝗿𝗮𝗰𝘁 Sijilmâsa (south-east Morocco) was one of the most strategic cities in a far-reaching exchange network, that is, the Trans-Saharan trade, linking the Maghreb with West Africa during the medieval period (from the 8th to the 15th century CE). It was also one of the most important gold and silver monetary workshops at the time. 𝗜𝗳 𝗴𝗼𝗹𝗱 𝗰𝗮𝗺𝗲 𝗳𝗿𝗼𝗺 𝗪𝗲𝘀𝘁 𝗔𝗳𝗿𝗶𝗰𝗮, 𝘄𝗲 𝗸𝗻𝗼𝘄 𝗳𝗿𝗼𝗺 𝘄𝗿𝗶𝘁𝘁𝗲𝗻 𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝘁𝗵𝗮𝘁 𝘀𝗶𝗹𝘃𝗲𝗿 𝘄𝗮𝘀 𝗽𝗿𝗼𝗱𝘂𝗰𝗲𝗱 𝗶𝗻 𝗠𝗼𝗿𝗼𝗰𝗰𝗼, although archaeological evidence of silver mining and smelting has remained elusive. Thanks to a thorough analysis of the lead isotopic data from silver mining districts in Morocco and from ores and slags of our study, we were able to refine the tracing of our materials and provide tangible evidence of medieval mining in the close hinterland of Sijilmâsa city. DOI: https://lnkd.in/eWhjsauA

🏅🏅🏅🏅🏅🏅🏅🏅 The Alluring Metal Gold is a prized element throughout history, values for its beauty, rarity and unique properties. Gold is a chemical element with the symbol Au (from Latin word "aurum") and atomic number 79. ✨ Geological Occurrence Gold is found all over the world, but large deposit are rare. Global mine reserves of gold by a country, record that Australia and Russia hold a large share of the world's gold mine reserves, accounting for 12,000 metric tonnes and 11,000 metric tonnes respectively in 2023. It typically occurs in three main geological settings; ✨Hydrothermal quartz veins: These are veins of hot mineral rich fluids that have squeezed through cracks in rocks. As the fluids cools, they deposit minerals, including gold. ✨ Volcanic - exhalative sulphide deposits: These form around underwater volcanic vents where hot, mineral-laden fluids spew out onto the seafloor. Gold can be deposited with other sulphide minerals like pyrite(fool's gold). ✨ Placer deposits: These are concentrations of gold in loose sediments like sand and gravel. Gold is a very dense metal, so it tends to concentrate in stream beds and river beds as lighter materials are washed away. ✨Gold is a soft, dense, malleable, and ductile metal. Key properties are; Color: Bright, slightly Orange-yellow Luster: Metallic Hardness: 2.5-3 (Morh's scale) Malleability: Extremely high Ductility: Extremely high Reactivity: Low(resistant to tarnishing) Melting point: 1064°C (1947°F) Electrical conductivity: High Gold's unique properties make it valuable for a variety of applications(commercially and industrially) such as; *Jewelry:* Gold is the most popular metal for jewelry making due to its beauty, durability, and symbolism of wealth and status. *Investment:* Gold is seen as a safe haven investment, and it is often used to hedge against inflation. People invest in gold bars, coins, and exchange traded funds (ETFs) In a nutshell Gold is a unique invaluable mineral on planet Earth. _*Courtesy:*_ _SME Futa Research_ _Team_ _Led by: Mr.Adah Favour Daniel_

Discovery Value: RM1.25 trillion (USD 270 billion) Types of Deposits: Gold Rare earth elements Bauxite Other precious metals Survey Coverage: Surveyed: 32% of Sarawak's total landmass (12.4 million hectares) Planned: Additional 30% of Sarawak's land to be surveyed Key Locations: Initial gold deposits: Bau district New gold deposits: Sri Aman district Technological Plans: Use of Canadian technology for mineral extraction Quotes: Datuk Amar Awang Tengah Ali Hassan: “There is enormous potential for more discoveries.” “We… are confident of finding more new mineral deposits.

In exploring for minerals, we often witness amazing things happening on the field. While we take a period to explore and discover, certain minerals have served several generations in unimaginable ways and you’ll think this resources will run out but it doesn’t, it either remains or just keeps coming, such is the amazing ways of nature. We may research it but never fully understand it, we may seek of it but it only gives us what we need at a time and we can only take so much at time. We have witnessed the relative abundance & relationship between following minerals; Beryl, a mineral found most commonly in granitic pegmatites, but also occurs in mica schists. Beryl is often associated with tin and tungsten ore bodies formed as high-temperature hydrothermal veins. In granitic pegmatites, beryl is found in association with QUARTZ, K-feldspar, albite, mica(biotite & muscovite) and tourmaline. It is sometimes found in metasomatic contacts of igneous intrusions with gneiss, schist, or carbonate rocks(limestone). Common beryl is mined as beryllium ore in many parts of Nigeria Amethyst is a beautiful violet to purple variety of QUARTZ, it owes its color to gamma irradiation and the presence of traces of iron built into its crystal lattice. The most important occurrences are in volcanic rocks, where amethyst crystals outline former gas cavities, others are formed In low and medium temperature hydrothermal veins associated with iron ores. It also occurs as late overgrowth on quartz in pegmatite environments. The Chevron Amethyst (pictured below) is an attractive crystal composed of Amethyst and White Quartz. It has a chevron pattern of Purple Amethyst and milky-white Quartz bands. Monazite is known for its accumulation rather than its formation, thus, like hydrocarbon, we search them in their traps not source. Monazite forms when igneous rocks crystallize and clastic sedimentary rocks metamorphose but Start to accumulate as placer deposits when the pegmatite is being weathered to release the monazite and associated minerals, such as zircon, gold, rutile, magnetite, ilmenite and some gemstones into alluvial sands owing largely to their density. Monazite concentrations in soils and sediments near weathering outcrops can be higher than in the source rock itself. The liberated monazite grains begin their descent via action of running water, gravity or wind and are eventually taken to a stream or a dry wash having separated the heavy from light minerals. One could find these heavy minerals collecting behind boulders, on the inside bends of stream channels and in sediment deposits at lower levels. These minerals have one thing in common, Pegmatite! This plutonic rock has proven to host, expose or cause the occurrence of many different minerals as a result of intense temperature/pressure. Thus, it’s possible to stumble upon valuable minerals whilst exploring for another. #Pay_attention_to_details #Read_the_signs #Nature_is_always_telling_us_something!