Category Archives: Platinum

By comparison, annual worldwide platinum production is approximately 160 tons as opposed to 1,500 tons of gold from just a handful of regions of the world succumbing to an arduous and time-consuming mining and refining process. A single ounce of … Continue reading →

ALCHEMICAL SYMBOL FOR PLATINUM = GOLD + SILVER Platinum, discovered in 1906, is a dense, malleable, ductile, precious, gray-white transition metal deriving its name from the Spanish term ‘platina del Pinto’ meaning ‘little silver of the Pinto River’, and one … Continue reading →

Understanding the value of platinum, in the 1780’s, Chabeneau partnered Joaquin Cabezas in the manufacture of platinum ingots, establishing platinum as a tool of investment. Thirty-five times rarer than gold, the platinum price historically tends to average double gold during … Continue reading →

So called ‘new metal’, meteorites contain platinum, earliest recorded meteorite impact on earth 2 billion years ago, disappeared for centuries at a time, ancient Egyptians, pre-Incan civilizations & Spanish conquistadors all encountered platinum, emerged in 1700’s to fascinate kings & … Continue reading →

If not now, then when? Unless you have stockpiled precious metals in your portfolio, this may very well be your last chance to own a platinum ring! With the price of platinum continuing to soar and with minimal chance of … Continue reading →

Platinum’s resistance to wear and tarnish is well suited for making fine jewelry while it has an excellent resistance to corrosion high temperatures and bears stable electrical properties, all of which have been thoroughly exploited for industrial applications. Frequently mistaken … Continue reading →

In addition to platinum’s strength and density, it has another remarkable quality, that of flexibility. Platinum is so pliable, that just one gram of the metal can be drawn to produce a fine wire over one mile (almost 2 km) … Continue reading →

Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, jewelry and even in chemotherapy against certain types of cancer. However, most of us are most familiar with platinum as used in the … Continue reading →

Chabaneau removed impurities from platinum ore, including gold, mercury, lead, copper, and iron, leading him to believe the result to be of elemental origin, an incorrect assumption due to the fact that the ore still contained the yet-undiscovered platinum group … Continue reading →

The alluvial deposits used by pre-Columbian people in the Choc Department, Colombia are still a source for platinum group metals, however, it is also mined from another large alluvial deposit in the Ural Mountains, Russia. The largest known primary reserves … Continue reading →