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mining does not cost money, so no, it does not. But, it can be sold at a high price to the grand exchange
The cost of mining gold varies from mine to mine. For example, if the cost to mine it per ounce is $600 per ounce, it is profitable to mine when it trades much above that, but not profitable if it trades at that or at a lower price. At the price increases,it becomes profitable to open or re-open mines that that have a high mining cost-per-ounce.
What else can I help you with?
Why mine gold?
Gold is expensive, and can be sold for a large amount of money or it can be made into something else, like jewelry.
Is there still gold at sutters mill?
Yes, there is still gold in CA. It is very expensive today to mine or pan for gold, but there are still people who do it.
What is a gold license 1851?
A license given to those who wanted to mine gold in 1851, Australia. It was not free, though, and very expensive.
Why are platinum ornaments more expensive than gold?
Platinum is more expensive than gold because of the difficulty associated with mining it. Platinum is harder to mine than gold, which means it requires more energy and effort to extract.
Does Italy mine for gold of diamonds?
Italy does not mine for gold of diamonds. Italy does, however, mine for gold.
A mine that had no gold?
Well... The Lumbridge mine has no gold... The mine west of the Lumbridge mine has no gold... The mine near the Champion's guild has no gold... the mine east of the dark wizards has no gold... and I don't think the dwarven mine has any gold. I hope those are the answers your looking for =)
How do you say gold mine in french?
Gold mine in French is "mine d'or."
Which state has a gold mine?
karnataka has a gold mine
What do you use to mine gold with in mine craft?
You need an iron pickaxe or better to mine gold. Ironically, a gold pickaxe will not be able to mine itself.
What are the top three gold producing countries?
kalgoorlie gold mine weird kalgoorlie gold mine weird kalgoorlie gold mine weird kalgoorlie gold mine weird
In what state is the largest gold mine in the western hemisphere located?
The Homestake Gold Mine in South Dakota was the biggest gold mine in the western hemisphere when it was in production, but this ceased in 2001.The Yanacocha Gold Mine in Peru now holds the record for the largest working gold mine in the western hemisphere.
When was Reed Gold Mine created?
Reed Gold Mine was created in 1799.
