Gold Refining 101: How Modern Techniques Are Shaping the Industry

by | Apr 15, 2024 | Gold Dealer

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In a constantly changing world, gold remains essential and valuable. New ways to clean and prepare gold for sale have changed the game. Knowing these new methods is critical if you’re considering buying or selling gold to refinery. Here’s a quick guide to how gold refine is done now.

The Old School Ways

For centuries, gold refining relied on laborious, dangerous methods like:

Miller Process: Pushing a molten gold chloride solution through boxes of compressed air to remove impurities.
• Wohlwill Process: A blistering hot mixture of nitric acid, hydrochloric acid, and water dissolves gold while leaving other metals intact.

These outdated techniques required serious health safeguards due to the extreme heat, toxic fumes, and reliance on hazardous chemicals involved.

Introducing the Aqua Regia Method

In the 1980s and 1990s, many gold refineries phased out those antiquated approaches in favor of the aqua regia process. This uses a corrosive mixture of nitric acid and hydrochloric acid to dissolve gold into a soluble form.

While still involving some noxious fumes, aqua regia proved simpler, faster, and more cost-effective than earlier methods when proper safety measures were taken.

Today’s High-Tech Marvels

As the 21st century emerged, an even bigger evolution emerged in the gold refinery industry. Cutting-edge players embraced techniques like:

Electrical Refining: Using an electrical current to transfer gold from a smelted deposit onto fragile sheets of material, generating 99.99% pure gold cathodes.

Ion Exchange Systems: Intricate chemical that bonds gold ions to resin beads, extracting them into a concentrated solution for smelting and solidification.

Environmentally-Driven Solutions: Reducing water and energy waste by recycling process chemicals and solutions while also eliminating toxic elements like mercury commonly used before.

The Bigger Picture

Beyond enhancing operational efficiency, these breakthroughs position the modern gold refinery as a greener, safer, and more socially conscious industry. Leading facilities employ tight controls to:
• Ensure ethical, conflict-free sourcing of raw materials.
• Adhere to stringent environmental protection standards.
• Maintain secure custody chains and comprehensive record-keeping.
Transparency around sustainable, responsibly run practices builds greater trust between industry partners and private gold sellers.

Whether you’re looking to sell gold or enter the investment and trading world, it’d be wise to align with a gold refinery operating at the cutting edge. This ensures you get the maximum return from your assets through advanced, ethical means. Contact Bay Area Metals today for all your precious metal needs.

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