Gold Rush Threat for Tropical Forests

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Did you know that the global demand for gold has put some of the remotest and most pristine forests at risk? Scientists have warned about the serious environmental problems arising because of incessant mining for gold. 

Studies show that about 1680 sq km of rainforest in South America was lost to gold mining between 2001 and 2013. Researchers at University of Puerto Rico have also affirmed that gold mining has become a big threat to ancient rainforests in countries like Peru and Suriname. The research which was published in Environmental Research Letters had studied tropical forests across South America and covered the regions in Colombia, Venezuela, Suriname, French Guiana, Brazil, Ecuador, Peru and Bolivia. 

The clearing of forests for gold mining had accelerated after the global financial crises in 2007 according to the satellite images observed. It has also been reported that while the loss of forest cover due to gold mining was much smaller than clearing of land for other purposes, the deforestation for gold occurred in some of the most biologically diverse areas of the tropical forests. 

Global gold production increased from about 2445 tonnes in the year 2000 to 2770 tonnes in 2013 and the prices too went high in the same period. This made it more profitable to mine for gold in areas of tropical forests. 

Consumers can help in preventing environmental degradation by buying only fair-trade and recycled gold. And the ones who have unusable gold in form of broken jewellery, nuggets, bars, old coins can sell it as scrap. Not only does it help them make cash that can be used for other purposes, it promotes recycling of gold and eventually protects the environment. 

Thanks to the high prices of gold even today, selling gold for cash to a genuine buyer can help in making real good money.

Silver & Gold for Cash is a top buyer of scrap gold and pays at high rates to clients who wish to sell gold for cash in Toronto. Call our team at 1-855-500-5993 to schedule a no-obligation assessment of your precious metals before sale.

Ecological Benefits of Gold Recycling

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Most people have gold and silver articles that they hardly use or simply dunk into a jewellery box and forget about. These may include a wrecked necklace, a bracelet made unusable because of broken clasp or a ring gifted by an ex who never bothered after breaking off the relationship. All such items can be sold as scrap gold that is later recycled by professional ornament makers or used in other industries. And this recycling is an environment friendly practice. Read to know how. 

In these times, gold is mined using ‘Open Pit’ methodology that involves digging and blasting gigantic holes into the outer crust of earth. And what is the outcome? They get hardly 10 grams of gold by blasting a ton of rock.

The extraction of gold from its ore also consumes resources and is harmful for the natural surroundings.  If you buy a new 18 karats gold ring from a jewellery store, it leaves about 20 tonnes of cyanide and ore based wastes. The use of cyanide is a global environmental concern because this chemical is recognized as poison and hydrogen cyanide can be very toxic to humans. It is also detrimental to lives of animals and birds in gold mining areas. They have severe toxicity reactions even with little exposure to such solutions in the atmosphere. 

When you sell your unusable gold items, the scrap is recycled to make new jewellery and in the electronics, medical industry. Therefore with that gold to cash conversion, you not only enjoy the benefits of quick monetization but also help the environment that nurtures life. 

Wish to sell unwanted jewellery to earn extra cash? Silver & Gold for Cash will buy precious metals in any form to pay you at most attractive rates. Send your jewellery by mail or attend one of our events in Montreal to action the deal. Visit http://www.silverandgoldforcash.com/ for details.

Ten Interesting Facts about Silver

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Used to make jewellery, coins, decorative ornaments and also cutlery, silver is commonly found in homes in some form or other. And it is readily saleable for cash. So if you have silverware that you don’t use anymore, it can be easily sold to a precious metal buying company for a good sum of dollars.

Want to know some less familiar facts about the silver that the world values? Here you go:

1. Pure silver has the highest thermal and electrical conductivity of all the known metals.
2. Refined silver that sold in the markets is at least 99.9 % pure.
3. Silver is found organically in ores like Argentite, Lead, Copper, Gold and Copper- Nickel.
4. Silver is used in production of mirror and it is deposited on glass or metals to make them shiny.
5. Silver is a poor reflector of ultraviolet light.
6. Silver Iodide is used for cloud seeding – a process for weather modification to change the amount of precipitation that falls from the clouds.
7. Humans had learned to separate silver from lead as early as 3000 B.C.
8. Silver is very ductile and an ounce of this metal can be turned into 8000 feet of thin wire.
9. Silver is also malleable and a grain of it can produce a sheet that is about 100 times thinner than paper.
10. The US, Mexico, Canada, Peru, Russia, and Australia are the top producers of silver.


Silver & Gold for Cash is a reputable precious metal buying company that loves to pay its clients top dollar for their items. If you wish to sell silver online or directly at an event to us, do visit our website for details.