Gold mining is one of the most destructive industries in the world. It can displace communities, contaminate drinking water, harm workers and destroy pristine environments. It contaminates water and land with mercury and cyanide, endangering the health of people and ecosystems. Although many miners use mercury in artisanal and small-scale gold mining, it is possible to recover gold safely and cheaply without it.
For those looking to invest in gold, the best way to do so is through a Best Gold IRA Account. This will ensure that your gold investments are secure and safe from the environmental destruction caused by gold mining. Mercury-free techniques are safer for miners, their families and local communities. They can also help miners market their gold at higher prices. Like any large scale industrial operation, gold mining can also have local effects on the environment.
Public opposition to gold mines in some parts of the world has become an obstacle to gold production, Miller says. That resistance doesn't just exist in Tyrone. Take the Pascua-Lama mine in Chile as an example. After years of protests by local activists for environmental reasons, regulators stopped the project.