Wednesday October 11, 2017
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Gold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg October 3, 2008. — Reuters picGold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg October 3, 2008. — Reuters picBERN, Oct 11 — Switzerland’s gold refineries may want to consider starting a recycling programme.

Scientists at the Swiss Federal Institute of Aquatic Science and Technology estimate that about 43kg of gold — worth about US$1.8 million (RM7.6 million) — passes through the country’s wastewater every year.

In some sites in the southern Ticino region, “concentrations of gold in sewage sludge are sufficiently high for recovery to be potentially worthwhile,” the researchers said in a report published yesterday. “This can be attributed to the presence of several gold refineries in the region.”

The study involving 64 water treatment plants also found about 3,000kg of silver — equivalent to about US$1.7 million — going to waste every year, much of it residue from the chemical and medical industries.

Switzerland is major gold-refining hub. About 70 per cent of the world’s gold passes through the country’s refineries on average every year. — Bloomberg

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