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Thread: Ship with 700 tons of gold ore disappears

  1. #1

    Default Ship with 700 tons of gold ore disappears

    Ship with 700 tons of gold ore disappears off Russia

    MOSCOW – A vessel with a nine-person crew and 700 tons of gold ore onboard has disappeared in stormy seas off Russia's Pacific Coast.

    The ship sent a distress call on Sunday as it was sailing from the coastal town of Neran to Feklistov Island in the Sea of Okhotsk.

    The vessel, hired by mining company Polymetal, was carrying 700 tons of gold ore from one deposit to another where it was to be processed. Gold ore is the material from which gold is extracted and contains only a small percentage of the precious metal.

    Polymetal's spokesman on Monday would not estimate the value of the cargo.

    The company said it has shipped ore via that route before, and there was nothing unusual in shipping it by the sea.

    Read more: http://www.myfoxorlando.com/story/19...#ixzz2AnUmgWGq
    Last edited by AmericasLastHope; 10-30-2012 at 11:04 AM. Reason: Removed duplicate URL and updated title.
    "A free people ought not only to be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government." George Washington


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  3. #2

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    Ragnar Danneskjöld???
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire

  4. #3

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    Gives some sea gold diver a lot of fun in the future.

  5. #4

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    Ore.
    In America today there remains two factions.
    The Federalist and the Anti-Federalist.
    Neither of the two dominating political parties belong to the latter.
    You can't be one and the other..

  6. #5

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    Quote Originally Posted by phill4paul View Post
    Ore.
    Yup. Probably never be worth recovering.
    The proper concern of society is the preservation of individual freedom; the proper concern of the individual is the harmony of society.

    "Who would be free, themselves must strike the blow." - Byron

    "Who overcomes by force, hath overcome but half his foe." - Milton

  7. #6
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    Nope , cost too much , that ore will yield 10 pounds of gold per ton, so , whole load , 7000 lbs of gold in 700 tons of ore.

  8. #7
    Member fisharmor's Avatar
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    Misleading title is misleading.
    There are no crimes against people.
    There are only crimes against the state.
    And the state will never, ever choose to hold accountable its agents, because a thing can not commit a crime against itself.

  9. #8

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    Quote Originally Posted by oyarde View Post
    Nope , cost too much , that ore will yield 10 pounds of gold per ton, so , whole load , 7000 lbs of gold in 700 tons of ore.
    Yes but at the current price per ounce that's over 191 million dollars. Could be worth renting a rather large ship with some salvage equipment.

  10. #9
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    Quote Originally Posted by oyarde View Post
    Nope , cost too much , that ore will yield 10 pounds of gold per ton, so , whole load , 7000 lbs of gold in 700 tons of ore.
    If you found ore with that high concentration of gold you'd be the luckiest man alive.

    0.5 ounces per ton is already considered a good yield. Most mines operate at just a few grams of gold per ton of ore!

  11. #10

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    Quote Originally Posted by fisharmor View Post
    Misleading title is misleading.
    Fixed.
    "A free people ought not only to be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government." George Washington

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