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pyrite mining industry news

Some pyrites can contain 0.25% gold by weight or more. Although this is a tiny fraction of the ore, the value of gold is so high that thepyritemight be a worthwhileminingtarget. Ifpyritecontains 0.25% gold and the gold price is $1500 per troy ounce, then one ton ofpyritewill contain about 73 troy ounces of gold worth over $109,000

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