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Placer gold is primarily purchased by gold miners, jewelers, and investors. Miners extract it from riverbeds and stream deposits, while jewelers use it to create finished gold products. Investors, including individuals and institutions, buy placer gold as a way to diversify their portfolios and hedge against inflation. Additionally, collectors may seek out unique or historic placer gold pieces for their value and rarity.
What else can I help you with?
Where in the us would you go placer mining?
You can go placer mining wherever gold is found in placer deposits. For gold, I'd suggest looking in Alaska, or California, or Arizona, though many other states also have gold in at least small amounts if you're willing to put in the effort. Montana is the state if you want to placer mine for sapphire.
Is there gold in the stream?
Sometimes you can find gold by panning. This is called placer mining.
Was the gold that prompted the California gold rush found in placer deposits?
yes
How much is a 1962 Placer Gold Yukon River Gold Dime worth?
There are no gold dimes.
What are the most adventurous careers?
Placer gold mining
What mineral is mined extensively from placer deposits?
GOLD
What has the author Allin R Copp written?
Allin R. Copp has written: 'Placer gold mining' -- subject(s): Gold mines and mining, Placer mining
What are gold placer claims used for?
Gold placer claims are used to mine for precious minerals, especially gold. This may be done by using open pit or any other surface level mining technique.
Why were people coming to Alaska at the turn of century?
Gold had been discovered.
What type of mining is used to obtain gold?
Hardrock or Placer?
What type of gold do they mine in Colorado?
Placer gold (gold dust found in rivers) and gold ore, including Telluride.
What are some modern sources of gold?
Although gold from ore continues to take place in many areas of the world, placer mining is the most common. Placer mining is gold that has broken off from the mother source and is in creeks and streams.
