how is platinum mined and extracted

The Top Platinum Producing Countries In The World

A Native Platinum Nugget Extracted From A Russian Mine. Platinum is a dense, malleable, highly unreactive gray-white precious metal. It is also considered a noble metal due to its remarkable resistance to corrosion. Platinum is one of the rarest metals.

Platinum production costs by world region 2018 | Statista

Global platinum mine production by country 2010-2020. Mining, Metals & Minerals. Global rhodium supply 2010-2021 + Mining, Metals & Minerals. Leading palladium producing companies 2018.

How is platinum extracted? - Answers

Platinum was originally extracted using pneumatic drills and explosives. However, new mechanical and hybrid platinum mining methods are becoming more popular. One …

Application of techno-economic modelling in the platinum ...

Figure 1: Mining Value Chain (Smith, 2011, p. 221) The strategic long term planning process requires each operation within the mining group to develop a mining rights plan (MRP) from which the business plan (BP) is extracted (Smith, 2012, p. 768). The lease area (LA) is a surface area where surface rights have been obtained and includes the mining right area (MRA) that is broken up into ...

Facts About Platinum | Live Science

The majority (about 80 percent) of platinum is mined in South Africa. Approximately 10 percent is mined in Russia, and the rest is found in North and South America, according to the U.S ...

Platinum mining - Extraction and refinement | BullionByPost

How is platinum mined and extracted? . Platinum's rarity means that open-pit mining is fairly unusual. Underground mining is much more common, with techniques such as 'narrow vein stoping' being employed by many companies. Platinum deposits are often found in long, thin 'reefs'. The mine walls are drilled and explosives are placed inside.

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The Mine employs about c.5200 Full Time Employees and c. 1500 contractors. We sell our PGM through an Offtake agreement with Anglo American Platinum's Rustenburg Platinum Mines. Our Chrome is extracted from the tails by our sister company, Masa Chrome.

Platinum-Group Metal - an overview | ScienceDirect Topics

Extraction of platinum-group metals consists of the following steps: (a) mining ore rich in platinum-group metals while leaving rock lean in platinum-group metals behind; (b) isolating the platinum-group elements in the ore into a flotation concentrate consisting of nickel-copper-iron sulfides that is rich in platinum-group elements;

Digging deeper: Mining methods explained | Anglo American

We use this for mining platinum. Large scale mechanised mining methods we use include: long-wall mining, where a long wall of coal is mined in a single slice, usually by a large machine. sub-level-caving, where levels of the ore are blasted by explosives; and ; block caving, where large areas of the ore body are blasted and then extracted with ...

Extraction and Refining of the Platinum Metals

1931 of Rustenburg Platinum Mines Limited to work these deposits, and this company remains to this day the only platinum producer in South Africa and the only major producer in the world whose prime activity is the extraction of the platinum metals. From the outset Johnson Matthey has been associated with Rustenburg,

All the Metals We Mined in One Visualization

Additionally, miners also extracted 220,000 tonnes of rare earth elements, of which 60% came from China. Given their rarity, it's not surprising that gold, silver, and platinum group metals (PGMs) were the least-mined materials in this category. Collectively, these metals represent just 2.3% of the tech and precious metals mined in 2019.

Solved DKDMSR Mine purchased a platinum deposit for ...

DKDMSR Mine purchased a platinum deposit for $2,200,000. It estimated it would extract 25,000 ounces of platinum from the deposit. DKDMSR mined the platinum and sold it reporting gross receipts of $900,000 and $9 million for years 1 and 2, respectively.

How do we extract platinum? - Quora

Answer (1 of 4): By a variety of methods, depending on the chemical state of the Pt. Because it is a noble, or nonreactive, metal, it can be found in placer deposits. Since it is a dense metal, grains of metallic Pt can be concentrated by gravity separation from sands deposited by hydrologic proc...

The five most expensive metals and where they are mined

Russian mining company Nornickel is the top global palladium producer, pulling up 86 metric tons of the metal in 2019. Gold. Part durability, part tradition, gold is among the most versatile commodities. Primarily used in jewellery, but also having significant applications across electronics and aerospace due to its durability and conductivity, gold is, to put it plainly, everywhere.

(PDF) Extraction of Platinum Group Metals

Platinum group elements have become imperative to many modern industrial applications (automobiles, jewelry, pharmaceuticals, electronics, fuel cells, etc.) but are mined in only a few places.

World's top five producers of platinum group metals profiled

A significant part of platinum mined in the North American country is a by-product of nickel mining. The country's reserves of PGMs are 310mt. Canada exports the majority of its output to the US. Ontario's Sudbury Basin hosts a majority of the country's platinum producing mines. Raglan nickel mine in Quebec and the Lac des Iles mine in ...

Anglo American Platinum to dispose of Bokoni Platinum mine ...

The Bokoni Platinum Mine was placed on care and maintenance in 2017 and the objective of the sale process is to identify an appropriate owner with operational, technical and financial capacity, to restart and operate the mine in a safe and sustainable basis, to support economic growth and job creation in the area and the broader Limpopo province.

Platinum - Wikipedia

Platinum is a chemical element with the symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal.Its name is derived from the Spanish term platino, meaning "little silver".. Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements.It has six naturally occurring isotopes.

Mining for Precious Metals explained: Gold, Silver ...

This is the 3rd video in a serious focusing on precious metals recovery from primary sources (ore)

Top 10 Largest Platinum Mining Companies in the World (2018)

Global platinum production has been dominated by the top 10 largest platinum mining companies in the world for last several decades. Although the demand and consumption of platinum remain high all over the world, the production of platinum is highly concentrated, with the top five largest platinum mining companies representing over 70% of the world's total platinum output.

Platinum Production Cost - How High is too High ...

Then, it can establish the site, buy all the equipment and physically extract the platinum ore. And after the mine is tapped out, the mining company may be required to rehabilitate the site to pre-mining conditions. As one can see, the platinum production costs go well beyond the mere act of pulling the metal from the ground.

Interesting to Know. Mining and production of platinum ...

High cost of platinum and other platinum group metals can be explained by their high practical value and the costly and complicated production process. Plati...

How Is Platinum Mined History Techniques and Photos

Platinum Mining Methods. How Is Platinum Mined : Originally pgm was extracted using "the narrow reef method" in which miners use handheld pneumatic drills to create holes in the reef into which explosives can be loaded. After the ore is released through blasting, it is removed using scrapers attached to wenches and transported to the surface.

Platinum Mining in South Africa - ProjectsIQ

Platinum mining in South Africa, or mining for Platinum Group Metals (PGM), is widespread on the African continent, and South Africa holds over 80% of the world's reserves. For investors interested in the PGM sector in Africa, South Africa seems to be the logical starting point. It has the lion's share of the continent's platinum mining ...

platinum mining, mining of platinum, platinum, platinum ...

PLATINUM MINING AND EXTRACTION METHODS : The mining of platinum ores is alike gold mining. The platinum orebody is a thin, tabular reef covering a vast area. This enables a progressive method of mining which includes the drilling of the reef and blasting it to advance the face. It combines the increased use of industralization and trackless ...

Platinum, Chemical Element - reaction, water, uses ...

Platinum is a transition metal in Group 10 (VIIIB) of the periodic table. The periodic table is a chart that shows how chemical elements are related to each other. Platinum is also a member of a group of metals named after itself. Other platinum metals include ruthenium, rhodium, palladium, osmium, and indium.

How is Platinum Extracted from its Ore? - YouTube

ore is a naturally occurring mineral from which a pure metal can be extracted. For Platinum, the two-chief minerals are...

The Biggest Platinum Metal Producers - ThoughtCo

Vale SA is the world's second-largest mining company, the leading producer of iron ore and pellets and the world's second-biggest nickel producer. It also produces 134,000 ounces of platinum annually. As many nickel ores also contain PGMs, Vale is able to extract platinum as a by-product of its nickel-refining process.

Platinum: The Rich Man's Gold | Gold Eagle

Furthermore, the total extraction process takes six long months. (3) All the platinum ever mined throughout history would fill a basement of less than 25 cubic feet. (4) Although its relative weight does not contribute to its value, platinum is even heavier than gold - one cubic foot weighs a little more than 1,330 pounds, about 11% denser than ...

How Is Platinum Extracted? -

Platinum ore can be obtained through controlled explosions or by advanced mining techniques. Once it has been mined, the platinum is extracted from the ore in the same way. The platinum ore is not pure, so it is first crushed. This produces many tiny particles that can be treated. Air particles then bubble through an aeration tank and adhere to ...

What's So Special About Platinum? | HowStuffWorks

Platinum Vs. Gold. Platinum is a naturally occurring chemical element that is actually about 30 times rarer than gold, according to Jenny Luker, president of Platinum Guild International USA (PGI), a marketing organization for the platinum jewelry industry. "If all the platinum ever mined were melted and poured into an Olympic-sized pool, the platinum would barely reach your ankles.

How is rhodium extracted? - Rhodium

In Sudbury as they continue to mine for nickel and platinum, when rhodium is found, they use this process or one very similar to get just the bare rhodium to use/sell. This is why here in Canada a very small amount of rhodium is extracted. Annually in the world only 20-30 tons of rhodium are produced/extracted.

How is Silver Mined | APMEX®

In Europe, practically all Silver mined is extracted in the form of lead sulfide ore, also known as Galena. Down under in Queensland, Australia, the Cannington mine is one of the world's largest in terms of reserves. In North America, there are very few mines that extract Silver alone; most U.S. mines primarily dig for zinc, lead and copper.