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Thieves Steal 700kg of Mud

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matcom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 06:48 AM
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Thieves Steal 700kg of Mud
<snip>

SECURITY guards protecting what is left of Serbia's once mighty Bor mining and smelting complex are being overrun by thieves stealing mud that contains traces of gold, silver and platinum, a Belgrade newspaper has reported.

Bor police have filed charges against persons unknown for the theft of about 700 kilograms of valuable anode mud from the bankrupt, state-owned company in southern Serbia, Danas said in its weekend edition. The paper quoted security company chief Ljuba Milovanovic as saying thieves stopped at nothing to get at the mud, carrying it off in bags, sacks, bottles, clothing and even in pockets. The paper said 200 kg of the mud would yield about one kg of gold and six kg of silver, plus other potentially valuable metals. It was probably processed in "private, well-hidden smelting plants."

http://www.news.com.au/story/0,10117,16355541-13762,00.html
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 06:55 AM
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1. Rich mud
Gold is $439/oz, silver $7/oz. 700 kg of that mud is worth about $55,000.
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