gold

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Royal Mint Is Mining Gold From Discarded Electronics

UK's official coin maker invests in a new factory to extract it from old phones, laptops, etc.

(Newser) - There's gold in your old iPhone and laptop, and the British Mint is not letting it go to waste. CBS News reports that the UK's official coin maker has begun mining e-waste for gold at a new industrial plant in Wales. "What we're doing here is...

A Gold Bar Costs $1M for the First Time

Standard bar of 400 troy ounces hits the price milestone

(Newser) - The rising price of gold has resulted in a milestone: For the first time, a standard bar weighing 400 troy ounces costs $1 million, reports Bloomberg . The threshold was crossed Friday, when the price of spot gold hit $2,500 per troy ounce—continuing a run that has seen the...

Antiques Roadshow Clip a Factor in Couple's Odd Arrest

Florida pair was given gold from an illegally looted shipwreck

(Newser) - In June 2022, Florida retirees Phil and Gay Courter were on a cruise ship at a port in England preparing for the trip home. Much to their surprise, ship officials summoned them, asked them to hand over their passports, and informed them they were being arrested on European warrants on...

Nugget From Gold Rush Era Stolen From Show

Thief in California nabs one the size of a goose egg

(Newser) - Some lucky prospector found a gold nugget the size of a goose egg during the California Gold Rush of the 19th century. This week, a thief appears to have walked away with the same nugget from a collectibles show in the state, reports the Los Angeles Times . Coin shop owner...

How Canada's Largest Ever Gold Heist Went Down

Authorities announce arrests in theft of $15M in gold bars from Toronto's Pearson Airport

(Newser) - Authorities have named nine men accused of carrying out the largest gold heist in Canadian history at Toronto's Pearson Airport a year ago, three of whom remain wanted. Among the suspects are two Air Canada employees, confirming the brazen heist of $15 million in gold and nearly $2 million...

Prosecutors: Accused Killer Promised Victims Buried Gold

Man in Washington state has now been charged in 4 murders

(Newser) - A Washington state man in jail awaiting trial in one murder case has been charged with three more, reports the AP , and prosecutors say he lured all four victims by asking them to help dig up buried gold. Richard Bradley Jr., 40, was charged in May 2021 with first-degree murder...

Witnesses Tell What They Saw as FBI Hunted for Civil War Gold

Elk hunters describe heavily loaded armored truck, signs of a night dig

(Newser) - In the heart of Pennsylvania elk country, Eric McCarthy and his client, Don Reichel, got up before sunrise to scour the forest floor for so-called "brown gold"—a rack of freshly shed antlers to add to Reichel's collection back home. One hill over, a team of FBI agents was also...

Pick Up Some Gold Bars ... at Costco
Costco's Newest
Product Keeps
Selling Out in
Just 'Hours'
in case you missed it
Oct 1, 2023 10:50 AM CDT

Costco's Newest Product Keeps Selling Out in Just 'Hours'

Warehouse retail chain is limiting its 1-ounce gold bars to 2 per customer

(Newser) - Gold bars don't just (allegedly) exist in the homes of US senators —now regular folks can pick some up at Costco. Per CBS News , the warehouse retailer is selling a 1-ounce PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce bar from South Africa's Rand Refinery , both...

Metal Detectorist Makes 'Gold Find of the Century'
Guy With Metal Detector
Makes 'Find of the
Century'
in case you missed it
Sep 10, 2023 10:40 AM CDT

Guy With Metal Detector Makes 'Find of the Century'

Erlend Bore of Norway uncovers 1,500-year-old necklace with symbol from Norse mythology

(Newser) - When doctors told Erlend Bore to get off the couch, he went out and bought his first ever metal detector. The Norwegian had always dreamed of being an archaeologist and figured if he didn't find anything, at least he'd get some exercise. He did get out walking, but...

Thieves Melted Down Some of Their Looted Ancient Coins

But authorities in Germany hold out hope of retrieving most of the 483 Celtic coins stolen

(Newser) - Investigators looking into the theft of hundreds of ancient gold coins from a German museum have found lumps of gold that appear to have resulted from part of the treasure being melted down, officials said. Four suspects were arrested Tuesday over the Nov. 22 break-in at the Celtic and Roman...

A Fortune in Gold Emerges From Kentucky Cornfield
Buried Treasure's Significance
Is 'Hard to Comprehend'
in case you missed it
Jul 16, 2023 11:55 AM CDT

Buried Treasure's Significance Is 'Hard to Comprehend'

More than 800 Civil War-era coins emerge from Kentucky cornfield

(Newser) - At first glance, the video appears to show your average pile of dirt. Then a breathless man points to what lies beneath layers of dirt and dust in his Kentucky cornfield: dozens upon dozens of gold coins, unearthed from the spot they've sat hidden for more than 150 years....

After Sanctions, Most Russian Gold Went to One Country

Experts say it may be finding its way to Western markets from UAE with its origin masked

(Newser) - There's gold in them thar Emirates—and there's a lot more of it now that Western sanctions have blocked exports from Russia to London and other major gold trading hubs. Reuters reports that, according to Russian export records, some 75.7 metric tons of Russian gold worth $4....

Believers in 1930s Tale Hunt for a River of Gold
Old Map, 1930s Tale Spurs
Modern Hunt for Gold
longform
Apr 23, 2023 8:45 AM CDT

Old Map, 1930s Tale Spurs Modern Hunt for Gold

'Los Angeles Times' digs into the fabled treasure of Mount Kokoweef in the Mojave Desert

(Newser) - It's a great American yarn. Whether there's any actual gold at the heart of it is a whole other matter. Writing for the Los Angeles Times , Daniel Miller digs into the legend of a veritable river of gold said to exist somewhere in the caverns beneath Mount Kokoweef...

He Went in With Metal Detector, Came Out With $160K in Gold

'I haven't seen a specimen in this amount of gold in my 43 years of prospecting'

(Newser) - A man exploring with a metal detector hit the jackpot, uncovering what a veteran gold prospector calls a "once-in-a-lifetime find." The amateur gold digger, who is remaining anonymous, was searching the goldfields of Australia's Victoria state, site of an 1850s gold rush, when he stumbled upon a...

They Went Underground in Search of Gold, Stayed for Years

Inside South Africa's abandoned gold mines and the zama-zamas who enter them

(Newser) - More than 40% of all the gold ever mined on Earth has come from South Africa's mines—and it's thought that zama-zamas mine about 10% of what the country annually produces each year. That's the name (it roughly translates to "take a chance") that's...

FBI Photos Have One Man Convinced Agency Did Find Gold

Dennis Parada's quest to get more FBI records on Dents Run continues

(Newser) - The court-ordered release of a trove of government photos, videos, maps, and other documents involving the FBI's secretive search for Civil War-era gold has a treasure hunter more convinced than ever of a coverup—and just as determined to prove it. Dennis Parada waged a legal battle to force...

Science May Have a Remedy for Your Fogged-Up Glasses

Researchers say an invisible, super-thin coating of gold could keep lenses heated, fogginess at bay

(Newser) - If you wear eyeglasses, you're unwillingly part of a select club that experiences a particular annoyance whenever the weather gets cold or you have to don a face mask: glasses that fog up. Scientists out of Switzerland, however, are excited about what they say could be the solution to...

Forrest Fenn's Treasure Is Being Sold Piece by Piece

Much of the haul, sold by finder Jack Stuef to a group of buyers, is now on the auction block

(Newser) - If you searched in vain for Forrest Fenn's treasure, you can still get your hands on a piece of it. The mass of gold Jack Stuef discovered somewhere in the Rocky Mountains of Wyoming in June 2020, more than a decade after Fenn revealed a trail of clues to...

Hunt for 9 Tons of Lost Gold Leads to ... a Long Story

There are facts, but they may not point to actual lost treasure

(Newser) - There are some verifiable, undeniable facts in this winding story about an alleged lost hoard of Civil War gold. First there's the document describing it, titled "The Lost Gold Ingot Treasure," in the archives at the Military History Institute in Carlisle, Pennsylvania. It tells of a Union...

World Leaders Now Going After Russia's 2nd-Largest Export

G-7 nations will ban gold shipments

(Newser) - President Biden said Sunday in Germany that the US and other Group of Seven nations will ban imports of gold from Russia—Moscow's second largest export after energy. A formal announcement was expected Tuesday as the leaders hold their annual summit. Senior Biden administration officials said banning gold would...

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