Platinum Sources Courses
Platinum is a rare and precious metal found in few sources around the world. It’s commonly mined in Russia, South Africa and North America, but there are also smaller deposits of platinum located elsewhere. Platinum is used in a variety of industries including jewelry making, instrumentation, medical and industrial. Its primary benefit is its high level of durability and resistance to corrosion, making it ideal for long-term use. The main sources of platinum are Russia and South Africa. The Ural Mountains in Russia have been the primary source of platinum for many centuries, with the country consistently ranking among the top producers of the metal. South Africa is the largest producer today, mining approximately 80% of the world’s supply. Platinum ore is extracted in South Africa’s Bushveld Complex, which includes three provinces: the Northwest, Gauteng and Limpopo. In North America, small deposits of platinum are found mostly in the western states of Alaska, Montana and Wyoming. Canada’s Prairie Provinces and the Yukon Territory also contain lesser amounts of platinum ore, although they make up only a tiny fraction of the total world production. Platinum is also mined in Colombia, Peru, Australia and Zimbabwe. Small amounts are also extracted from mining operations in South Dakota, Wyoming and California. Platinum mining is a potentially lucrative industry, but its success can be unpredictable due to the unpredictability of the market for the metal. For this reason, smaller operations tend to concentrate on extracting silver, gold and other more immediately profitable metals.
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