Hang on to your Pyrite
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Thread: Hang on to your Pyrite

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  1. #1
    us
    Dec 2012
    Concrete, WA
    Nokta FoRs Gold, a Gold Cube, 2 Keene Sluices and Lord only knows how many pans....not to mention a load of other gear my wife still doesn't know about!
    3,917
    6920 times
    Prospecting

    Hang on to your Pyrite

    It seems that the physicists in Minnesota may have developed
    an industrial use for iron sulfide, aka fools gold.

    "In a breakthrough new study, scientists and engineers at the University of Minnesota
    have electrically transformed the abundant and low-cost non-magnetic material iron
    sulfide, also known as "fool's gold" or pyrite, into a magnetic material.

    This is the first time scientists have ever electrically transformed an entirely non-magnetic
    material into a magnetic one, and it could be the first step in creating valuable new
    magnetic materials for more energy-efficient computer memory devices.
    "

    The whole article is at:

    https://phys.org/news/2020-07-gold-valuable.html
    Mike (aka Dizz)

    "If you love wealth better than liberty, the tranquillity of servitude better than the animating contest
    of freedom, go home from us in peace. We ask not your counsel nor your arms. Crouch down and lick
    the hands which feed you. May your chains set lightly upon you, and may posterity forget that you
    were our countrymen." ~~ Samuel Adams, 1776

    Dizzy's Super-Simple, Universal Rule of Forum Conduct: Don't be an ass.

  2. #2
    us
    eye man

    Jan 2020
    East Tennessee
    Whites, Radio Shack, Metrotec, peach tree fork
    108
    112 times
    All Types Of Treasure Hunting
    thanks for the info. I have lots, never threw any away over the years in the gold fields.
    Phil and DizzyDigger like this.

  3. #3
    us
    Jul 2020
    Alaska and Colorado
    12
    12 times
    Prospecting
    I never imagined they would find any value in something so prevalent and obnoxious...
    DizzyDigger and Phil like this.

  4. #4

    Jan 2008
    271
    307 times
    Yeah I used to think that too Yukon till I saw this:

    russau and Phil like this.

  5. #5

    Dec 2012
    35
    59 times
    All Types Of Treasure Hunting
    Early miners used to complain about that annoying worthless mineral called "Platinum".

    100 years from now they are going to talk about us tossing aside $10,000 an ounce pyrite.
    DizzyDigger and BentFunky like this.

  6. #6
    us
    Mar 2015
    Whites Coin Master, Whites Gold Master GMT, Whites MXSport High banker/dredge, DIY hand trommel, DIY Miller table, DIY fluidbed gold trap sluice, Keene A-52 A-52s 2186 Wheaties
    1,394
    2433 times
    prospecting, metal detecting
    Why save my little bits?I see so much of it in the water. Makes me wonder if there are places where it can be mined by the truck load
    BentFunky likes this.

  7. #7

    Jun 2020
    29
    33 times
    All Types Of Treasure Hunting
    Quote Originally Posted by No gold in NY View Post
    Why save my little bits?I see so much of it in the water. Makes me wonder if there are places where it can be mined by the truck load
    When I was a kid, my grand parents had friends who were coal miners in Murphy, NC. They used to bring home large chunks of pyrite and give them away as gifts. Don't know what happened to it, but they gave me a chunk that could be used as a door stop.
    Last edited by BentFunky; Aug 04, 2020 at 08:09 AM.
    Reed Lukens likes this.

 

 

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