31,000,000 tons
Say the ore is high grade, which is 8-10 grams/ton; let's be generous and say 10 grams/ton.
1 gram = 0.0022 lbs; so 10 grams would be 0.02 lbs/ton of Gold
31,000,000 tons x 0.02lbs gold/ton = 620,000 tons of gold
620,000 tons gold x 2000 lbs/ton = 1,240,000,000 lbs
1,240,000,000 lbs x 14.53 = 18,017,200,000 troy oz.
Value at today's price of $1,648 yields $29.692 Billion
Do you image Uganda will be as generous with their wealth, as other developed countries have been to them?
31,000,000 tons Say the ore is high grade, which is 8-10 grams/ton; let's be generous and say 10 grams/ton.
1 gram = 0.0022 lbs; so 10 grams would be 0.02 lbs/ton of Gold
31,000,000 tons x 0.02lbs gold/ton = 620,000 tons of gold 620,000 tons gold x 2000 lbs/ton = 1,240,000,000 lbs 1,240,000,000 lbs x 14.53 = 18,017,200,000 troy oz. Value at today's price of $1,648 yields $29.692 Billion
Do you image Uganda will be as generous with their wealth, as other developed countries have been to them?
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