Gold Mining Tips

    Facebook   YouTube   Share   Tiktok   Linktree     by Goldminingtips Admin China Announces Discovery of World's Largest Gold Deposit A large gold deposit, potentially the world's largest, has been discovered in the Wangu goldfield, Pingjiang County, Hunan Province, China. The Wangu goldfield, already a critical mining hub for China, has received nearly 100 million yuan in mineral exploration investments. The deposit is estimated to include in excess of 1,000 tonnes of gold, which would be  valued at approximately $83 billion USD. A New World Record   The significance of the discovery is that, once confirmed, the gold reserves surpass the previous largest gold reserve at South Africa's South Deep gold mine, in the Gauteng province.  The South African gold mine holds around 930 tonnes of gold. The find is significant for China's resource security and solidifies its position as a leading global gold producer. Details of the Gol...

Gold Prospecting and Sampling for Beginners  Gold is found in nature in many different forms. Classifying the type of gold deposit is necessary to decide the best equipment to use when prospecting and mining. In this post, we discuss some of the basic ways to prospect for gold, sample / classify material, and the equipment you can use.  Classifying Material  Miners often use the term 'mesh size' to classify the size of gold.  The term refers to the size of the openings in a sieve or screen, with larger mesh numbers representing finer material. Here is a table of the basic classifications of gold types.  |  Gold Type         |   Description          | Where Found    |  Classification      | |----------------------------|---------------------------------|-----------------------------------------| | Very fine |  difficult to see with naked eye  | Beach sands an...

     Facebook   YouTube   Share   Blog Linktree      by Goldminingtips Admin The Largest Gold Nugget in America | The Monumental Nugget  In August, 1869 the 'Monumental Nugget' was unearthed in California, USA.  This nugget holds the record for being the largest gold nugget found in the US, weighing a staggering 1,696 ounces (approximately 48 kilograms). The nugget was found in Sierra Buttes Mine, Sierra County, California, which had an impact on the California Gold Rush in Sierra County and the surrounding areas. The discovery of the Monumental Nugget is therefore directly tied to the historical significance of the California Gold Rush, which began in 1848 with the discovery of gold at Sutter's Mill. The Circumstances How The Nugget Was Found  The five prospectors who discovered the nugget did not disclose their names.  The nugget was found after heavy rainfall, suggesting that the earth that was covering the nugget was w...

In March 2023, an amateur gold prospector found large gold nuggets while searching with a low budget metal detector.  The 'once-in-a-life-time' find was made in the Victoria's 'Golden Triangle' in Australia. The nugget, which weighed 4.6kg of rock and gold, and contained 2.6kg of gold, would be worth around $224,395 with current gold prices.  It is no surprise that a large gold nugget was found in this location as it was a popular goldfield during the 1850s gold rush in the country, and has produced many large gold nugget finds.  What was surprising, however, is that the gold nugget was found using a basic metal detector. The Metal Detector Used  The unique feature about this find is that the amateur gold prospector was only using a cheap, low budget metal detector known as the Minelab Equinox 800   Getting the Nuggets Valued The man, who did not want to give his name, took the nugget to a local gold mining store to have the nugget valued.  The store owne...

      Facebook   YouTube   Share   Blog   Linktree    by Goldminingtips Admin If you are someone who is prospecting for gold and are lucky enough to find a rich gold deposit and discover gold nuggets, you can decide what you want to do with the nugget/s.  Some prospectors may hold on to the precious metal to keep as a souvenir, while other prospectors / miners can wait for gold prices to increase before deciding to sell it, and other prospectors / miners may decide to sell their gold nuggets immediately once they have discovered a nugget.  However, if you are a beginner prospector, you may be wondering where you can sell your gold nuggets when (or if) you find any. In this post, we provide some places where you can try to sell your gold nuggets. Where to Sell Gold Nuggets : Before selling gold nuggets, check if there are any regulations / rules in the country you want to find a buyer that may impose restrictions on the sale of gold....

          Facebook YouTube Share Blog     by Goldminingtips Admin In June 2019, a retired prospector, who decided to remain anonymous, found a large gold nugget while using a Minelab metal detector.  The nugget is far from being the largest gold nugget, but nonetheless it weighed 2 kilograms (or 63 ounces).  The nugget was unearthed near Ballarat, Australia. 'You Wouldn't Believe It' Nugget The nugget, which was named "You Wouldn’t Believe It," would be worth over US$160,000 at the current gold price.  ...

    Facebook   YouTube   Share   Blog   Linktree    by Goldminingtips Admin What is a gold nugget? A gold nugget is a naturally occurring piece of native gold. They are formed deep underground at high temperatures and are brought to the surface through weathering and erosion.  Nuggets are often found in placers, which are deposits of sand and gravel where gold has been concentrated by the action of water. What is the largest gold nugget ever found? The largest gold nugget ever found is the Welcome Stranger, which was discovered in Moliagul, Victoria, Australia in 1869.  It weighed over 2,520 troy ounces (78 kg; 173 lb) and yielded over 2,284 troy ounces (71.0 kg; 156.6 lb) of pure gold. Unfortunately, like many large nuggets, it was melted down. What is the largest surviving gold nugget? The largest surviving gold nugget is the Canaã nugget, also known as the Pepita Canaã.  It was found in the Serra Pelada Mine in Brazil in 1983 and...