Billions of dollars worth of precious metals are used every year to manufacture the cellphones, laptops and other electronics we use on a daily basis. As these computers and gadgets reach the end of their life cycles, they get scrapped or put in storage until they can be recycled in a process known as “urban mining.” Our friends at Gold & Silver Buyers highlight just how much gold and silver can be retrieved from scrapped electronics and how valuable urban mining can be when compared to traditional mining.
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