The streets are littered with gold

IMG Auteur
Published : July 19th, 2013
172 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Technical Analysis

One of the UK’s biggest street cleaning firms has announced it is to “mine” the sweepings it collects from roads and pavements, in search of gold and other precious metals.

Veolia Environmental Services believes it can find at least £1 million worth of materials like platinum, palladium and rhodium from the muck swept up from Britain’s streets each year.

These metals are commonly used in catalytic converters and tiny amounts can be thrown out by car exhausts, which then settle on street surfaces. The company believes it may even find traces of gold and silver in the sweepings, as tiny fragments can rub off clothes, shoes and jewellery.

Until now, street sweepings have been sent straight to landfill or compost sites, but Veolia has now established the country’s first plant to extract precious metals from the material, at Ling Hall, near Rugby, Warwickshire.

The rubbish will go through a number of processes, including filtration and chemical washes, to extract the valuable substances.

<< Previous article
Rate : Average note :5 (1 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.