China isn't the only nation dismantling used electronics to get at the gold, copper and silver inside. This trend, called "urban mining", is even more profitable in the current market where precious metals are trading close to their all-time high. For example, a ton of ore from a gold mine gives about 5 grams of gold, but a ton of cellphones gives 150 grams of gold. Why would Japan be into this trend? Because their country has few natural resources outside of perverted old dudes, but if they stack up all the cellphones owned by their citizens, they could probably make a pile as big as Mt. Fuji. [Yahoo News]
Urban Miners in Japan Find Precious Metals in Discarded Gadgets
7:00 PM on Mon Apr 28 2008
By Jason Chen
4,096 views
14 comments












Comments
So, how do I melt down my pile of 386's to make a ton of cash?!!? I want the instructables on that!
They should do this to every Motorola phone out there. No wait...
And exactly what are they doing with all the now useless silicon chips? Great recycling progress, though!
Just curious...how much is 150 grams of solid pure gold worth?
@Uber_lompocus:
Holy cow! If my memory serves me today: 150 grams is over 5 ounces (I think 27 grams in an ounce), and gold is somewhere near $900 an ounce. So, we're talking about $5,000.
$28.69USD/gram * 150grams
= $4303.50 USD
= $4357.50 CAD
Price data: [goldprice.org]
Calculation: [www.google.com]
Cha CHING!
I may have to look through all those old cards I got laying around here for some gold!
So this is why my local Staples is now "recycling".
with limited land i wonder where japan dumps the non biodegradable parts like silicon. prolly either in china or in pallet town with pikachu.
This is a true story ... my hand to God.
It involves a hairy four hundred pound man in nothing but overalls, a shopping spree for a pizzle, gold, the local electric utility and currency laws.
Hotchkiss, Colorado. We're on a determined birthday hunt for a gag gift, a walking stick made from a bull pizzle ... we heard of a fellow in Hotchkiss, CO made such things and sure enough, he was. Along with a replica of wicker throne-chairs made out of pizzles. Not something a sober man ought to see. He was the foulest mouthed man I've ever met, but somehow also outrageously funny at the same time. Clearly many of his nuts and bolts were coming loose. Living in a dirt-floored shack with mice and a pot bellied stove.
His half acre 'yard' was at least head-high in used and busted computer equipment, from which he was mining precious metals, gold mostly. He had little ingots of the stuff (quarter to dime sized) lying around he'd smelted. That day he was ticked off that the local electric utility was no longer allowed by law to accept gold in payment for his electric bill. Sitting under cottonwoods mining circuit boards for gold, breathing noxious fumes he was making enough to pay most of his bills, and that was in the days of $200 an ounce.
The pizzle business, however, was flaccid and never straigthened out.
BlackFlag55 - what are you smoking?
I'd like to know how it's done.
but let's not talk about the places where asian children have to pick apart at these discard electronics for shitty pay in unsafe conditions...
or how tons of american electronics are "Recycled!" over here only to be sent to overseas to be gutted of their gold and then tossed into asian landfills
not overtly trying to be a cycnic, i just work in the industry and i feel like a douche every time i tell someone about how we have a "no-landfill electronics recycling policy!" i mean its better than doing nothing, but still
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