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SBD Global/July 23, 2012/Olympics

London Games Medals Will Be The Most Expensive In Olympic History

The Olympic medals for this summer's London Games will be "the most expensive in history," according to Mining Corporation Rio-Tinto needed to extract eight tons of gold, silver and copper from Mongolia and Utah to make the 4,700 medals for these Games. With the increasing price of gold and silver since the 2008 Beijing Games, "these medals are the most expensive in history." One gold medal weighs approximately 410 grams and is only 1.34% gold, with 92.5% of the medal containing silver and the remainder copper. The medals are also the heaviest of any Olympics (LE FIGARO, 7/22). 
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