Introduction Flashcards
Minerals in mobile phone
Arsenic, Copper, Gallium, Gold, Magnesium, Palladium, Platinum, Silver, Tungsten and petroleum
How much ore to make 1g gold?
1 tonne or 41 mobile phones
What minerals to make a wind turbine and how much of each
335 tonnes of steel
4.7 tons of copper
13 tonnes of fiberglass
1,200 reinforced concrete
1 tonne of recycling mobile phone yields how much copper, silver and gold?
50-150kg copper
500-700g silver
150-400g gold
1 tonne of gold ore yields how much copper, silver and gold?
- 7kg copper
- 26 silver
- 2g gold
how much recycled mobile phones vs gold ore makes one gold ring?
10 kilograms vs 10 tonnes
Recycled gold accounts for how much of the total supply and what % goes on high value and industrial gold?
1/3 of the supply
90% high value gold
10% industrial gold
Every american born will need how many tonnes of minerals and how much in total for a lifetime?
1633 tonnes and 3.6 million pounds
What does the club of rome report 1978 claim?
Catastrophic end to mineral reserves, failing to realise the dynamics of reserves
Definition of reserves
Economically mineable part of a measured/indicated mineral resource
Dig it out and get to market for profit
Kesler 1994 and Holland & Peterson showed what?
Current mineral reserves divided by current comsuption - silver, diamon, gold 10-25 years left and coal, iodine 100+ years
Kesler 2015 showed what and why?
Not changed that much - resource can become a reserve
Definition of resource
concentration or occurence of sold material of economic interest in earth in such form, grade and quantity that there are reasonable prospects for eventual economic extraction. Subdivided in order of increasing geological condidence into Inferred, Indicated and Measured categories
Minerals are becoming cheaper through time - why?
Techniques are improving and demand is increasing
Price v production costs copper
2000 - close together - not a great place to be