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Ship with 700 Tons of Gold Ore Disappears Off Russia
My Fox Orlando ^ | Oct 30, 2012 | AP

Posted on 10/30/2012 2:30:35 PM PDT by DogByte6RER

Ship with 700 tons of gold ore disappears off Russia

MOSCOW – A vessel with a nine-person crew and 700 tons of gold ore onboard has disappeared in stormy seas off Russia's Pacific Coast.

The ship sent a distress call on Sunday as it was sailing from the coastal town of Neran to Feklistov Island in the Sea of Okhotsk.

The vessel, hired by mining company Polymetal, was carrying 700 tons of gold ore from one deposit to another where it was to be processed. Gold ore is the material from which gold is extracted and contains only a small percentage of the precious metal.

Polymetal's spokesman on Monday would not estimate the value of the cargo.

The company said it has shipped ore via that route before, and there was nothing unusual in shipping it by the sea.

(Excerpt) Read more at myfoxorlando.com ...


TOPICS: Crime/Corruption; Foreign Affairs; News/Current Events; Russia
KEYWORDS: gold; missing; mystery; stolen; sunkenship
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Auric Goldfinger Pictures, Images and Photos

D@mn ... he's back from the grave!

1 posted on 10/30/2012 2:30:36 PM PDT by DogByte6RER
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To: DogByte6RER

Stormy seas my rear. It was absconded with, just you wait and see.


2 posted on 10/30/2012 2:33:28 PM PDT by fhayek
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To: All
Mist Shantarsky archipelago is a group of islands situated in the west part of the Sea of Okhotsk
3 posted on 10/30/2012 2:33:49 PM PDT by DogByte6RER ("Loose lips sink ships")
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To: DogByte6RER

If you miss the word ore in the title (like me) it makes it a whole different story.


4 posted on 10/30/2012 2:36:31 PM PDT by DManA
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To: DogByte6RER
Polymetal's spokesman on Monday would not estimate the value of the cargo.

I'm guessing that its worth considerably less than say 700 tons of coal.
5 posted on 10/30/2012 2:36:33 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: DogByte6RER
Where was this guy?


6 posted on 10/30/2012 2:38:49 PM PDT by freedumb2003 (We can’t just leave it (food choice) up to the parents. -- moochele obozo 2/12/2012 (cnsnews))
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To: DogByte6RER

anybody see kelly’s heroes?


7 posted on 10/30/2012 2:39:41 PM PDT by camle (keep an open mind and someone will fill it full of something for you)
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To: DogByte6RER

I suspect there’s a lot of flexability in that rough seas excuse.


8 posted on 10/30/2012 2:43:43 PM PDT by bgill (Evil doers are in every corner of our government. Have we passed the point of no return?)
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To: DogByte6RER

one ounce of gold per 5+ tons of ore

700 tons... maybe 140 ounces

prolly looked juicer on paper


9 posted on 10/30/2012 2:49:03 PM PDT by sten (fighting tyranny never goes out of style)
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To: camle

“There you go with those negative waves again.”

On a more serious note, a quik paint job, name change, and a refinery with no morals, and you’re good to go.


10 posted on 10/30/2012 2:50:44 PM PDT by maine yankee (I got my Governor at 'Marden's')
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To: cripplecreek; DManA

Had to take a guess. But say the grade of ore is average, at 2 grams of gold per ton. 2 grams = 0.7 ounces x 200 is about 14 ounces of gold at $1700 is about $24,000. (I have no idea on types of ounces, tons/tonnes, etc. - it’s an estimate).


11 posted on 10/30/2012 2:51:15 PM PDT by 21twelve (So I [God] gave them over to their stubborn hearts to follow their own devices. Psalm 81:12)
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To: DogByte6RER
Average gold ore is 0.9 grams per tonne, worth about $60 per tonne. At that grade, 700 tonnes would be worth $42,000, less refining cost.

It depends on the grade , of course.

12 posted on 10/30/2012 2:53:06 PM PDT by Praxeologue
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To: DogByte6RER

I have an alibi.


13 posted on 10/30/2012 2:53:50 PM PDT by GSWarrior
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To: sten

A couple of million+ after processing. Don’t know squat about the cost of processing and purifying, but it couldn’t be easy to hide the ship and the facilities to process. Looks more like a sunken ship to me


14 posted on 10/30/2012 3:03:05 PM PDT by Figment
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To: DogByte6RER

At about 1 oz./ton, that’s only about $1M...
Worry about the 9 men and the ship!


15 posted on 10/30/2012 3:03:25 PM PDT by G Larry (Which of Obama's policies do you think I'd support if he were white?)
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To: 21twelve

2gms = 0.07 oz (you’re off by a decimal point)
also, there were 700 tonnes, not 200


16 posted on 10/30/2012 3:05:48 PM PDT by Praxeologue
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Support Free Republic

17 posted on 10/30/2012 3:19:42 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=om93destr)
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To: DogByte6RER

“My little babushka...I have for you a new necklace, my love.”

“Igor, you idiot! Have you had too much vodka again? That’s just a nice chain with a rock on it!”


18 posted on 10/30/2012 3:32:23 PM PDT by moovova (If someone is still "undecided", they're not really undecided. They're just chronically perplexed.)
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To: DogByte6RER
prolly not many places can process ore like that... start there
19 posted on 10/30/2012 3:39:24 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: DogByte6RER

The Italian Job?


20 posted on 10/30/2012 3:49:34 PM PDT by SueRae (See it? Hell, I can TASTE November from my house!)
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