Everyone has the dream of getting rich overnight, such as 1.3 billion people in China, each of them gives me a dollar, then there will be 1.3 billion yuan, and then for example, digging a gold mine, becoming a gold boss overnight, although unrealistic, but not necessarily impossible to achieve ah!
On the evening of October 27, a huge gold mine was discovered in Weishan City, Zhuzhuang Town, Tongbai County, Nanyang City, Henan Province. As a major sales province for the production and smelting of gold and silver, over the years, Henan's annual gold output has been ranked second in the country, and it is a proper strength in the gold mining industry. It is understood that there are 16 gold ore bodies, with a total of 31.55 tons.
How big is this 31.55 tons of gold?
Not many people may be able to imagine what the concept of this 31.55 tons of gold mine is, I will help you to convert it slightly, according to the density of gold 19.32 tons / cubic meter to convert, 31.55 tons of gold occupies a volume of about 1.7 cubic meters. Some people still don't quite understand, what is the concept of 1.7 square meters? This is equivalent to a square with an edge length of about 1.2 meters. If you only look at its size, you may be able to put it down at your table, but considering its weight, it probably takes a heavy truck to drag it. Many netizens joked that "don't go to work, just go to Henan to dig for gold", although it is true that the extra-large gold mine is correct, but these belong to the state, and no one can dig and mine. Even if it can be mined, ordinary people do not have professional technology, it is difficult to mine,
Have you ever seen what the gold you just dug out looks like?
In gold ore, gold and rock are usually mixed together, but because of the density of gold, and the gold itself is a simple substance, it is also an inert metal, so it does not form other compounds with sulfur or oxygen, so even if it is embedded in the rock, it will emit golden light. Of course, in the absence of special treatment, the naked eye can see very few gold particles, because in natural gold mines, only gold particles with a diameter greater than 0.1 mm will be seen by the naked eye, and this gold particle that can be seen by the naked eye is also called bright gold. In other words, it is not like the kind of big gold nuggets that we usually see in movies panning out of the sand.
How much is the gold in the 31.55 tons reserve worth?
Some people say that the problem is very simple, the direct weight multiplied by the price, is not the value of the mine? Assuming that gold is 370 yuan a gram, and this 31.55 tons is all recoverable reserves that can be mined, then 31.55 tons of gold is 11.67 billion yuan. No one buys it when it's sold at this price because it's not worth the money. Now the gold is still hidden in the rock, and the cost of mining and beneficiation has not yet been calculated. Even if we don't count these costs for the time being, we have to consider the time cost of mining gold? Because gold mines cannot be mined in a year, at least 5 or even 10 years. According to the principles of economics, the money that will be obtained in the future is not as valuable as the money in hand now. Therefore, the money in 5 years or even 10 years must be converted proportionally to today's money, which is the value of today's mine. Some people probably estimated that the price that could be negotiated at the end was estimated to be around 4.7 billion.
So here, some netizens will ask "4.7 billion is not a small amount, does it have an impact on the gold market?" ”
On the one hand, 31.55 tons is only a large reserve, which will not have much impact on the overall production of gold. Due to the long time it takes from the discovery of gold to the conversion into production, the impact of the discovery of large gold mines on gold prices is limited. According to professional analysis, only about one-third of the gold mines can be upgraded to the final gold resource reserves. "In recent years, many gold mines have faced environmental and production technology problems, and the amount of gold that can really be produced is very small."
On the other hand, domestic and foreign gold prices are also related to these factors.
The first is the trend of the US dollar, because the United States established a us dollar-dominated trading system in the last century, giving the US dollar a first-mover advantage in the international market, and gold has long been pegged to the US dollar. But the relationship between the dollar and gold is negatively correlated, the dollar will be lower when the price of gold is higher, and the gold market will be weaker when the dollar is stronger.
The second is global inflation, which continues to rise when inflation continues to spread around the world. This is because inflation will lead to the depreciation of the money in their hands, so people invest their wealth in gold in order to avoid currency depreciation, resulting in a hot gold market.
The third is the political situation, when the international situation is tense and volatile, the gold market can become a refuge for global funds. In previous years, for example, the international gold price has continued to rise during this period.
The last factor is speculation, and the floating of the international gold price may be related to the human operation behind it.
So in summary, Henan gold mine will not have any impact on the overall market gold price, netizens do not have to worry. The discovery of this mega gold mine has further enriched the country's gold reserves, which is great news for the country, what do you think?