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KellyCriterionyesterday at 6:54 PM2 repliesview on HN

There are stats that in 1t of recycled smartphones is around 200g of Gold, while in mining 1t contains around 2-3% of Gold.

Does this match somehow?


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tredre3yesterday at 9:44 PM

> while in mining 1t contains around 2-3% of Gold

Where in the world would that be true? That would be 800 - 1000 ounces per ton! As far as I know the best pay dirt produces a handful of ounces per ton, or 0.01%.

entropicdrifteryesterday at 7:08 PM

2-3% of 1 ton is 40-60 pounds of gold, and that's using the smaller, non-metric tons. 200g is about half a pound, so you'd be looking at 80x more gold per ton from traditional mining on the low end

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