Platinum is a precious metal renowned for its strength and malleability. The mineral is mostly mined in South America and Russia however some smaller mines are located in the United States.
The rarity of occurrence and its shining qualities have made Platinum one of the most sought after in the world. The ever increasing cost of mining and refining platinum has lead to an increase in the recycling of platinum. The following is a brief list of items where platinum is found currently sought after for platinum recycling:
The United States is the fifth largest producer of platinum in the world, despite only having one mining company that mines platinum. The Stillwater Mining Company is the only producer of platinum in America. It has two mines from where the platinum is derived. These are the Stillwater Mine, located ...
Platinum nuggets are actually MUCH rarer than placer gold nuggets are. Nearly all of the platinum found around the world is microscopic bits that are extracted from the ores, and not large enough to be captured by traditional placer mining methods. The largest source of platinum is South Africa. Recently a mine in the state […]
Platinum is often found while prospecting for gold. See how to use that to find platinum nuggets. USGS MRDS gold & platinum map making in this video is found...
Where is Platinum Mined? Platinum is a Silver-white Precious Metal that is rarer than Gold. The Platinum bullion value is high because of its scarcity and its use in industrial applications. Platinum is mined very few places around the world. With mining regulations crippling some parts of the world, Platinum mining remains strong in others.
Only an ounce of platinum is obtained from 10 tons of ore. And only a few hundred tons are produced annually. Therefore, platinum is a valuable and precious metal. What is Platinum Used for There are innumerable uses of platinum and it's impossible to describe all of them. Yet here is an attempt to describe the most common uses of platinum.
Platinum is also found in small quantities in a number of the placer gold deposits of Alaska, where significant amounts of platinum have been recovered at some locations. Platinum metals were the primary metal mined by dredging for many years in the Goodnews Bay district. Dredging was only ended in 1975.
Go through your jewelry collection. This is the most common place you will find platinum. Platinum looks similar to silver. You may presently own platinum and not be aware that it is worth hundreds of dollars more than you previously thought. Rings and watches are usually stamped "PT950" or another number after the "PT".
Platinum is an uncommon ore found in Earth and Space Adventure. It reflects the color of the sky, making it appear black at night. After the Dino Land update, Platinum had double the chance to be seen. Trivia The color varies depending on the angle it's viewed from, ranging from silver to black.