RE: FFS22 Jan 2021 20:40
Thanks for your replies and for not ripping into me lol. I have found the following on alluvial mines.
Alluvial mining for platinum
Alluvial mining for platinum is discussed less often than alluvial mining for gold and diamonds, and it has a shorter history. According to Johnson Matthey (LSE:JMAT), alluvial deposits of platinum were first mined in Russia’s Ural Mountains back in 1823, and although they were the most dominant source of platinum by the end of the 19th century, that dominance didn’t last. By the end of the 1920s, the most easily accessible high-grade deposits had been largely exhausted.
Since then, alluvial mining for platinum has largely dwindled to a handful of small-scale dredging operations, though Johnson Matthey does note that large quantities of the metal have recently been produced from two alluvial deposits in Russia’s Far East.
Furthermore, there’s some interest in renewing alluvial mining for platinum in the Urals. One company active there is Eurasia Mining (LSE:EUA), which holds the West Kytlim alluvial platinum project.