Blog » gregory

By gregory

cash for gold canada

Canada Gold Opens new Edmonton Gold Buyers Location

For Immediate Release

November 19, 2014

(Edmonton, AB) – Canada Gold announced the launch, today of their newest location in the Ventures Building at 107 Ave. and 109 St. NW in Edmonton, AB. This opening marks the company’s 11th location in Canada, and its 2nd location in Alberta, joining their existing Calgary Gold office.

Canada Gold began as an alternative to traditional “mail-in” cash-for-gold companies and local pawn shops by offering a simple and transparent gold and silver refining service with on-the-spot payouts.

 Our objective has always been to offer the best payouts to our clients by leveraging our expertise in precious-metals analysis and up-to-the-minute market-based pricing.”

Gregory Neilson – Managing Director, Canada Gold

In Edmonton, the company has invested in state-of-the-art testing equipment and trained local precious-metals analysts, ensuring their clients are offered the most accurate payouts for all types of gold and silver.

For details about Edmonton Gold Buyers, visit http://www.edmontongold.ca

More information about Canada Gold can be found at http://www.canadagold.ca

About Canada Gold:

Founded in 2009, Canada Gold and its subsidiaries are among the leading precious-metals refining companies in Canada. With 11 offices serving BC, Alberta, Ontario and Nova Scotia, as well as a nationwide mail-in program, the company has grown to offer a broad range of gold and silver refining services to all Canadians.

SOURCE: Canada Gold

For further information:

To learn more, please contact:
Gregory Neilson
254 West Broadway,
Vancouver, BC
1-888-682-5832
gregory@canadagold.ca

The Gold Refining Process – how gold is refined

The Five Stages of Metal Refining: From Ore to Pure

The Royal Canadian Mint refines their gold using these five steps:

1. Pre-melt

Doré bars in purities ranging from 5% to 95% are melted in a furnace. Dip samples are taken from the molten gold to determine its purity.

2. Chlorination

Chlorine gas is injected into the molten metal mix. All metals but gold float to the surface to form a slag of molten chloride. The resulting 995 fine gold is poured into an anode mould.

3. Degolding

Soda ash is added to the molten chloride slag recovered from chlorination. The reaction causes gold particles to collect in a silver-gold alloy ‘button’ that settles at the bottom of the crucible.

4. Electrolysis

This process brings gold to 9999 purity. The gold anode is placed in a bath containing a solution of hydrochloric acid and gold chloride. The anode is then subjected to an electric current. The anode dissolves, and the dissolved gold plates onto a titanium cathode. Impurities (mostly silver) fall to the bottom of the cell or form soluble chlorides.

5. Final pour

9999 fine gold is cast into bars of various sizes or turned into granulation gold.


The Gold Refining Process

A Half-Penny for Your Thoughts?

When Great Britain got rid of the Half-Penny thirty years ago, there were fears that it would cause a spike in inflation as retailers all began rounding up to the nearest penny. In all likelyhood, however, it didn’t really have much effect at all.

When the Royal Mint stopped producing the half-penny in the early eighties, inflation had already taken its toll on the coin, to the point that retailers complained they couldn’t give them away as change, people would simply leave them behind on the counter. It was also speculated that the cost to produce the coin was much higher than its face value, but history is full of examples of coins that cost more than their face value. These are some of the reasons that Great Britain eventually abolished the half-penny, but why did it take so long?

Does this sound familiar? With the Canadian penny now a relic of a bygone era, we’d like to know how if you think that these small denomination coins really matter. Do you miss the penny? What impact does not having pennies have on you? Join the conversation in Google+ below!


New Canada Gold Website

Welcome to the new CanadaGold.ca!

We are pleased to officially launch our new website full of great new features and information to help you learn more about the process of buying and selling precious metals including gold, silver and platinum, as well as diamonds.

Canada Gold aims to equip you with all the information that you will need to make an informed decision regarding the purchase or sale of your precious metals and diamonds. Whether you choose to do business with us or not, we are pleased to present you with the most relevant tools and articles to make your decision that much easier.

As always, if you have any questions regarding our company, this website, or precious-metals in general, we are always here to help. You can contact us through our website or visit one of our conveniently located offices in a neighbourhood near you.

Thanks for your interest in our company, we look forward to having the pleasure of serving you soon!Canada Gold Logo