Platinum is a material which is very rare and the cost is double than gold. In igneous rocks platinum is formed and these rocks also have iron and magnesium. Along with other materials like copper and gold, Platinum is also found in thin layers. Using surface and underground Platinum is mined. Due to natural calamities like wind, rain etc…platinum gets washed off and goes to the rivers and streams where through placer mining it’s mined.
In earlier days miners felt that platinum is a junky form of silver and they used to throw it away. Since it’s found in gold mine people named it as ‘white gold’. When copper and gold is mined then platinum is obtained in US. In South Africa, Russia, Columbia, Alaska, and Canada platinum is mined. Watch video in link below
video link : http://wp.me/p8HeNU-Td
By narrow reef method first platinum group metals (pgm) is extracted where miners make use of handheld pneumatic drills in order to make holes in the reef which explosives can be loaded. Through blasting when ore is released it’s taken out by making use of scrapers which is attached to wenches and transported to the surface.
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