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The large Ladolam deposit on Lihir Island in Papua New Guinea formed inside a recently extinct volcano and was ferried to the surface in solution by rising hot water. By measuring the rate of gold that rises to the surface each year, the researchers estimate that the deposit could have formed in just 55,000 years. Our planet, by comparison, is about 4.5 billion years old.

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9y ago
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13y ago

No. There may be gold in the molten rock that the volcano pours out, yes - but the volcano does not "produce" gold. Any element found anywhere on earth that is any heavier than iron was formed in the bowels of a supernova star - tht is the only way nature can do it.

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11y ago

No. In fact they form no elements at all.

Elements can be formed only by nuclear processes, and although this does still occur on Earth in natural Uranium fission, almost all of the Earth's elements - including those making up the chemical compounds of which you and I are composed - arrived when the planet wasformed.

Gold may be found inintrusive igneous rocks or their metamorphic aureoles, but it is not associated with volcanoes.

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12y ago

Yes gold can be melt in the volcano's lava. Because the temperature is so high that the gold starts melting as soon as it enters the magma.

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12y ago

no they really cabbt as gold mines usuallyt ten =d to happen in tukeytu

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12y ago

depends on ground if gold was there before volcano formed so yes and no

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Q: Is gold found around volcanoes
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