Gold mining in the U.S. has been on the decline for years and this year, some of the country’s largest companies are starting to make a push for the precious metal, which could help their bottom lines.
Fox News anchor Greg Gutfeld was on the air Monday morning as he talked about how some of these mines could help the miners and the communities around them.
“You’ve got the silver mine.
You’ve got a gold mine,” Gutfeld said.
“And, the gold mine can be found in a variety of states.
You can mine gold in West Virginia, you can mine it in Arizona, you’ve got it in South Carolina, you’re going to find it in Utah.
You just have to go out there and look for it.
It’s all going to come together.
That’s the gold mining.”
Gutfeld also talked about the challenges that miners face when they dig for the gold, even though the ore is considered one of the most valuable metals on Earth.
“The fact is, it’s still not cheap to mine gold, it is still not easy to mine,” he said.
“And when you think about the mining of gold, that’s really a one-time thing.
So it’s a lot harder than a lot of other minerals, a lot more difficult to get the gold out of the ground.
It takes a lot longer, and there’s a long process of making that happen.
And the mining industry needs a lot better infrastructure and infrastructure to keep up with the demand.”
Guttfeld said the silver mining industry has seen a dramatic increase in the amount of ore they’ve mined in recent years.
“The industry is actually increasing its output.
And it’s not just in the silver mines, it seems like they’re also increasing their output in gold mines,” he added.
According to a report released last month by the American Mine & Mineral Institute, the average production of gold in the United States has risen by 50 percent in the past five years.
The report also said that while the gold production is up, there is a significant increase in silver production, with the silver industry accounting for about 13 percent of the total production.
This is what happens when you build a mine that costs a lot to mine.
It will have a tremendous effect on the economy of the United Kingdom.
-Greg Gutfeld, Fox News hostGutfield’s show aired at 10:15 a.m.
EST on Fox News Channel.