Russian Scientists Discover How to Make Gold Out of Coal
Researchers from the Russian Academy of Sciences’ Far East branch say they are building a facility to make gold out of coal.
Although the science is no fairy tale, to the dismay of business owners, the process is not as productive as they might hope – burning a ton of coal yields one gram of gold, tops.
At present, the scientists are setting the bar even lower, expecting a yield of 0.5 grams, or 1,500 rubles, per ton.
“We burn a ton – we gain 1,500 rubles,” Oleg Ageev, CEO of Complex Innovative Technologies of the Amur Scientific Center, said in a press statement.
At current exchange rates, that is roughly $23 US dollars.
The discovery of gold lacing in coal is the result of 15 years of study from different fields.
To create the gold, smoke created in burning coal goes through a hundred-fold purifying system. The residue is then flushed through a filter with water, allowing a gold concentrate to be extracted that is later used to make the precious metal.