1. Home
  2. / Economy
  3. / Location of the World’s Largest Deposit of ‘Invisible Gold’ Revealed: Estimated Value Is $24 Billion, a True Hidden Wealth!
Reading time 2 min of reading Comments 0 comments

Location of the World’s Largest Deposit of ‘Invisible Gold’ Revealed: Estimated Value Is $24 Billion, a True Hidden Wealth!

Written by Roberta Souza
Published on 05/06/2024 at 08:15
Updated on 06/06/2024 at 10:49
“ouro”, “ouro invisível”, “áfrica do sul”, “áfrica”
foto/reprodução: megacurioso
Be the first to react!
React to this article

Discovering the Hidden Treasure in the Witwatersrand Basin Region in South Africa, Stage of a Great Gold Rush in the 19th Century!

The Republic of South Africa, famous for its mineral riches, harbors a true fortune hidden beneath the soil: the so-called “invisible gold“. This peculiar form of gold does not shine in gleaming nuggets, but rather exists in small quantities within minerals. The Witwatersrand basin region, the stage of an intense gold rush in the 19th century, is the epicenter of this hidden treasure. Researchers estimate that about 40% of all the gold mined in the world to date has come from this area, according to megacurioso.

What Is “Invisible Gold”?

The “invisible gold” is neither a legend nor an illusion. It hides in tiny particles within minerals, making it imperceptible to the human eye. Imagine a treasure concealed in an underground vault, where the gold is present but does not shine like in pirate stories. This peculiarity earns it the intriguing and mysterious name.

The Relentless Search and the Challenges

Gold in the Tailings Hills

The vast tailings hills surrounding the Johannesburg mines guard a valuable secret. Metallurgist Dr. Steve Chingwaru from Zimbabwe conducted a revealing investigation: these hills may contain up to 460 tons of the aforementioned “invisible gold”. However, the low concentration of this gold in the tailings has always been regarded as having little value. Extensive mining has depleted the high-grade areas, making the search for “invisible gold” in low-concentration sources more viable.

“gold”, “invisible gold”, “south africa”, “africa”
photo/reproduction: blogdaourocâmbio

Environmental Challenges and Ineffective Methods

Traditional extraction methods are not efficient for obtaining “invisible gold”. Additionally, exploring tailings deposits can be harmful to the environment. When the sulfides present in the tailings are oxidized, they produce sulfuric acid, which can contaminate groundwater with toxic elements. In Johannesburg, this acid mine drainage is a constant concern.

The Future of Invisible Gold Extraction

However, Chingwaru is determined to unravel this mystery and make the extraction of “invisible gold” a profitable reality. His new method of reprocessing tailings deposits promises economic and environmental benefits. After all, the fortune valued at approximately US$ 24 billion is there, waiting to be exploited. Now, the question remains whether his method will be accessible enough to turn “invisible gold” into tangible gold and real profit.

Therefore, South Africa holds more than just shining nuggets; it conceals an invisible wealth that could change the mining game and preserve the environment. Who would have thought that gold could be both so mysterious and valuable at the same time?

Sign up
Notify of
guest
0 Comments
most recent
older Most voted
Built-in feedback
View all comments
Roberta Souza

Author for the Click Petróleo e Gás portal since 2019, responsible for publishing over 8,000 articles that have garnered millions of views, combining technical expertise, clarity, and engagement to inform and connect readers. A Petroleum Engineer with a postgraduate degree in Industrial Unit Commissioning, I also bring practical experience and background in the agribusiness sector, which broadens my perspective and versatility in producing specialized content. I develop content topics, disseminate job opportunities, and create advertising materials tailored for the industry audience. For content suggestions, job vacancy promotion, or advertising proposals, please contact via email: santizatagpc@gmail.com. We do not accept resumes

Share in apps
0
I'd love to hear your opinion, please comment.x