Why is it worth mining gold

Placer mining Gold in a worth Placer mining is the technique by which gold that has accumulated in a placer deposit is extracted. Placer deposits are composed of relatively loose material that makes tunneling difficult, and so most means of extracting it involve the use of water or dredging. Gold panning Gold panning is mostly a manual technique of separating gold from other materials. Wide, shallow pans are filled with sand and gravel that may contain gold.

The pan is submerged in water and shaken, sorting the gold from the gravel and other material. As gold is much denser than rock, it quickly settles to the bottom of the pan. The panning material is usually removed from stream beds, often at the inside turn in the stream, or from the bedrock shelf of the stream, where the density of gold allows it to concentrate, a type called placer deposits. Gold panning is the easiest and quickest technique for searching gold gold, but is not commercially viable for extracting gold from large deposits, except where labor costs are very low or gold traces are substantial.

Panning is often marketed as a tourist attraction on former gold fields. Before large production methods are used, a new source must be identified and panning is useful to identify placer gold deposits to be evaluated for commercial viability. Gold sluicing at Dilban Town, New Zealand, s Taking gold out of a sluice box, western North America, s Using a sluice box to extract gold from placer deposits has long been a very common practice in prospecting and small-scale mining.

A sluice box is essentially a man made channel with riffles set in the bottom. The riffles are designed to create dead zones in the current to allow gold to drop out of suspension. The box is placed in the stream to channel water flow. Gold-bearing material is placed at the top of the box.