Search GoldPaq
Subscribe to our Blog
Get the latest news on gold as soon as we post it! There are two easy ways to subscribe...
Subscribe via email
or via RSS
Get Social with GoldPaq
digg Technorati ma.gnolia Propeller |
7 Precious Reasons You Should Recycle Your Gold

Gold Fever Hits America
Americans are responding to the soaring price of precious metals by coming out in droves to sell their unused gold and jewelry.
The Growth of Recycling
Anything with gold or platinum content can be sold for recycling at inflated prices. Suddenly jewelers, pawn shops and gold dealers are finding themselves in the busy jewelry buying business.
If record high prices wont convince you to sell your gold, perhaps a few more solid gold reasons will…
Better for The Environment, Better for The People
1. Human Life is More Valuable
The real price of gold has less to do with monetary value than it does with the value of life and land.
Historically, gold rush periods are romanticized as wild west scenarios with a town saloon, gunfights and saucy women.
Americans were raised on stories of prospectors and the tribulations they endured during their endless search for a buttery vein or nugget of gold.
What the history books neglect to mention is the effect of the gold rushes (and subsequent gold mining) on the people indigenous to areas where gold is often found.
This is an experience felt worldwide, from the Native Americans in the US mainland, the Galamseys of South Africa to the Igorot of the Philippines.
People all over the planet are paying the real price of gold with their health and their lives
Recently the commercialization of the mining industry makes the whole operation more impersonal and less inclined to respect the value of each and every human life.

2. Mining Wastes A Lot of Water
Where Mother Earth is concerned, water is the biggest environmental consequence of gold extraction.
Not only does mining for gold consume enormous amounts of water, but it also contaminates the water sources it draws from.
The majority of gold mined in the United States comes from Nevada, and the gold mines there consume more water every year than all of the people in the state combined.
One gold mine can consume 100 million gallons of water every day.
The harsh chemicals used to further refine ore into its pure state pollute the ground water and destroy local ecosystems and animal life.

3. The Waste By-Products
In its natural state, gold is surrounded by rock.
Mining is the process of extracting ore from the surrounding rock and then refining it with chemicals into its purest form.
The amount of waste generated through systematic mining is immeasurable.
For every ton of pure gold that exists today there is three million tons of waste to dispose of.
Most of this is in the form of discarded rocks saturated with chemicals and solvents.
Inevitably these poisons find their way into the ecosystems when they are dumped, at great cost to native plant and animal life.
4. Greedy Mining Companies
The reason big companies have industrialized the mining of gold and other precious metals is the commercial demand for the products.
They mine the gold to meet consumer demand.
This presents a dilemma that we don’t often consider when we purchase something that glitters for our sweetie.
With the cost of mining to the people and the amount of waste and pollution generated we have to be aware of the ethics of our large gold suppliers.
Not to mention those of the governments that sell their land to mining developers for a piece of the pie.
There is hope, there are mining companies who follow the Golden Rules and work hard to cancel out the consequences they create. Think of it as sustainable gold mining.
When you buy jewelry give your patronage to jewelers who purchase their gold from the cleaner mining companies that take steps to reduce their environmental impact.
Check the website of your favorite jeweler to research their policies for purchasing clean gold.
5. People Need Basic Rights
The gold of the world is systematically supplied by large corporations on every continent.
Real people can easily become lost in the sheer scale of the operations, and any government willing to subject their land to mining processes is hardly going to regulate them to benefit the people of the area.
This gives big companies free reign to move in and start the ritualistic deforestation and stripping of the land required for large operations.
Historically indigenous tribes near mining operations are exploited, pushed from their native lands, poisoned by polluted ecosystems, and exposed to foreign diseases.
People who have inhabited places for hundreds of years are forced to give up their rights to the land and leave or live in a wasteland of stripped forests and mountains of discarded rock.
This affects people on a fundamental level worldwide, from South Africa to the Southwest of the United States to Australia.
6. The Overall Environmental Cost
The end goal of any mining company is to process as much gold as possible and the more we mine the further underground we are forced to go.
It is safe to say that most of the gold found on the surface of the earth has been snatched up already.
Which makes following any source of gold ore a more invasive and difficult task every day.
The potential profit is so great that big companies can afford to keep their technology cutting edge and their processes as efficient as possible.
In the world of human beings, efficiency isn’t always the most ecologically sound concept
Slowly as we realize how small our world is, we start to appreciate it more. This has led to a boost in the precious resource recycling market and growing support for mining companies who follow cleaner and safer practices.
7. Why Keep What You Aren’t Using?
This might be the best reason of all to recycle your unused gold, precious metals and jewelry, because it has a direct effect on all of the reasons above.
Almost everyone has a few pieces of jewelry that they hold onto simply because it doesn’t seem right to throw them away.
Holding onto them is a waste when you can make money for having them refined and placed back onto the gold market.
Each ounce you have to recycle is an ounce that doesn’t need to be dragged kicking and screaming from the earth
Everyone can do their part to help Mother Earth and all of her people by recycling what they don’t use.
Earn a few bucks in the process and it is a winning situation all around.
Obviously we have our own reasons why we want you to sell your gold, but we think the issues we mention are worth considering.
You can leave a response

















March 18th, 2008 at 1:28 pm
Just wondering what the difference is in “14K” as opposed to “14KT”?
March 24th, 2008 at 5:45 am
14K and 14KT are both abbreviations for 14 karat gold. It is the same thing.
March 29th, 2008 at 4:17 pm
what about dried gold paint ,can that be sold
February 6th, 2009 at 9:14 am
Great post! I just want to add that in our country, landslides happen and people die because of extensive gold mining.
March 25th, 2009 at 3:50 am
Any time we can reuse any products or items it is a good thing. Gold in particular is mined from the earth and if we can reuse what is above the ground we can help just that little bit more.