Ozzie's mining gold in South Carolina
A gold mining company from Australia paid $856 million two years ago to mine gold in Kershaw, South Carolina. The company, Oceanagold, is already mining and pouring gold ingots.
The Haile Gold Mine is 60 miles southeast of Charleston. Kershaw has 1800 people.
The sales price was equivalent to buying a pro football team from the National Football League. The company is already mining and pouring gold ingots.
Oceanagold, expects to mine 150,,000 ounces of gold this year at a cost of $500 an ounce.