Many articles in this blog were about the negative effect of gold mining and its consequences on the environment and human. However, a few of them talk about eco-friendly gold, or “green gold.” Therefore, I will talk more about eco-friendly gold on this article and its benefit on the environment and human.
So what is eco-friendly, or “green gold,” gold? It is gold that can be completely recycled or newly mined under strict environmental regulations. According to GreenKarat.com, since “mining continues at a pace of 2,500 tons a year, 80% of which is used by the jewelry industry, there is enough gold above ground (already mined) to satisfy all demands of the jewelry industry for the next 50 years. Much of it sits in bank vaults and in the form of old and unwanted jewelry.”
The benefits of recycling gold and buying recycled gold are that it reduces the activity of gold mining that in turn would reduce gold mining's harmful affects on the environment and violation of human rights. In addition, you could earn money from selling your used or unwanted gold to company that recycles gold.
By Fares Alshaiddi
By Fares Alshaiddi
Modern-day gold mining does not have a harmful effect on the environment. Overly restrictive regulations which effectively prohibit gold mining have a harmful effect on the economy, life, liberty, and the pursuit of happiness.
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