The reason they’re not using the refineries in Ghana isn’t because they’re more expensive or have strict environmental laws. It’s significantly cheaper to refine locally as 1 ton of ore yields 2-10 grams of gold. We’re talking millions of tons of ore vs tons of bullion.
The reason they’re not using the refineries in Ghana isn’t because they’re more expensive or have strict environmental laws. It’s significantly cheaper to refine locally as 1 ton of ore yields 2-10 grams of gold. We’re talking millions of tons of ore vs tons of bullion.