Gold In Australia Answers | Assessment Answer
Gold In Australia
It is highly stable in a wide range of conditions and is widespread in earth’s crust. The concentration is very lo about 5mg per tone of rock.
Its discovery in Australia plays a significant role in Australian history.
It also brought about the migration of people to Australia in quest for gold, it brought about a great diversity in customs and also increased the population
In the year 1851, a timber James Esmond dug out gold from the creek at Clunes. After that another man Louis John Michel discovered gold in year 1860 at Warrandyte(Kathryn Wells, 2007). Another recorded discovery was brought up by blacksmith, Thomas Hiscock near Ballarat. All these three individuals are being awarded for their discoveries.
Western Australia comprises about 60% of the gold reserves and the left out is found in other states and the northern territory. In all the resources it occurs as primary deposits, out of which many have undergone weathering.
Uses Of Gold
• It is also used in making jewelry, dentistry, the attractive adornments of monuments and the buildings and in artistic use.
• It is also used to make varieties like white, yellow, green and red gold.
• It is used in electronics, radar equipment’s, satellites and computer as it has high electrical conductivity, malleability and ductility.
• It was also used in film coating the Apollo 14 which was the first vehicle that arrived on the moon because of its reflective properties.
• Other most important use in making up the circuits and the mechanism of the air bags made in the vehicles like car.
Mining And Sale Price
Vertical shafts and declines are being utilized to take people and the machines in and out of the mining areas so as to achieve proper ventilation for the workers and hauling up the wastes and the ores to the land surface. Deep extensions of gold deposits are mined by open pit methods and the underground methods.
The gold market is always subject to speculation especially in the use of future contracts and derivatives. It has a long correlation with the crude oil. The sale price of the gold is described in the following diagrams.
List Of Gold Mines In Australia
• Gwalia gold mine
• Junndy gold mine
• Edna may gold mine
• Frog’s leg gold mine
• Laverton gold mine
• Agnew gold mine
• Bright star gold mine
• Burbanks gold mine
• Coyote gold mine
• Daisy milano gold mine
• Higinsville gold mine
• White fall gold mine
• Telfer gold mine
• Wateel gold mine
• Sandstone gold mine
• Raddle’s gold mine
Demands And Future
Stock Exchange And Environment Concerns
Poor type of gold mining has destroyed the nature’s landscapes, filled water supplies with unwanted particles which destructed the vital ecosystems. Cyanide, mercury, and other toxic substances are continually spread up in the atmosphere due to the poor skills in gold mining. This has lead to the collection of toxic wastes.
• Kathryn Wells (5 October 2007). "The Australian Gold Rush". Website. Government of Australia. Retrieved 21 October 2012.
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