Saturday, August 30, 2008

How Rare Is It?

Wow - this really blew me away...did you know that all the platinum ever mined (as in human history) would only fill up the space of a regular sized living room (about 25 cubic feet)?

Most of the world's platinum comes from South Africa and only about 130 tons of platinum is mined in the world annually - about 6% by weight of worldwide annual gold production and less than 1% of annual worldwide silver production.


It takes about 120 tons of platinum ore to produce 1 oz of pure platinum. Rare stuff indeed.

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