Why It Pays to Have Mining Ores Analyzed for Precious Metals
If you’re with a mining company that extracts just about anything from the earth – coal, zinc, gypsum - it can be a very good idea to send us samples of your ores or other mined substances. We can analyze them and let you know whether they contain silver, gold or other precious metals that can be profitably extracted, smelted, and refined.
Looking for Secondary Precious Metals: A Case Study
Hudbay Minerals operates two large mines in northern Ontario, Canada: the 777 Mine and the Trout Lake Mine. Both mines extract primarily copper and zinc, but Hudbay is always careful to profit from quantities of silver and gold that can be found in its ores.
According to company data, Hudbay retrieved 91,258 ounces of silver and gold from its mining operations in 2013. That’s a small quantity in comparison to the amount of copper (about 30,000 tons) and zinc (about 87,000 tons) that come out of Hudbay’s mines. But with gold and silver prices high, Hudbay is not about to let precious metals and precious dollars slip away.
You shouldn’t either. If your business deals with ores – either ores that you mine or acquire from other sources for processing – you should find out whether they contain secondary quantities of silver or gold. Call Specialty Metals Smelters and Refiners at 800-426-2344 and we’ll be pleased to tell you how it works.
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