The basic igneous rocks, from which the platinum is derived, are exposed
in the form of discontinuous elliptical outcrops near the summits of the
Urals, particularly on the western side of the mountains. These outcrops
attain larger dimensions in the northern and central Urals than further
south. The process of concentration of platinum in the gravels has
clearly extended over a very long period of time, and it is probable
that the richer gravels have been reconcentrated, perhaps several
times[52] p. 299. Platinum nuggets are rarely found, but three of large
size were discovered in the Nizhni-Tagilsk district, their weights
respectively being 25½ lb., 21 lb., and 11½ lb.
Duparc, in a brief description of the geology of the deposits, states
that they are essentially of magmatic origin. The structure of the rock
is in the nature of concentric bandings; the felspathic rocks at the
outer edge gradually grade into the intermediate stage of pyroxenes,
until the central dunite is reached, composed of olivine and chromite.
The richness of the gravels is in proportion to the size of the dunite
deposits, and to the extent of erosion of these rocks. According to
Duparc, platinum ore derived from a pyroxenite source usually contains
high percentages of platinum and palladium, but low percentages of
osmium and iron. The same writer estimated in 1916 that the reserves
were sufficient for about twelve years, provided that the same methods
of working and rate of extraction were employed during that period[53].
The amount of the platinum in the wash is very variable. The average
yield was formerly over ½ oz. per c. yd., but latterly, owing to the
gradual exhaustion of the richer deposits, the average returns have not
exceeded from 2 to 3 dwt. per c. yd. The crude metal assays about 83 per
cent. platinum, from 5 to 7 per cent. osmium and iridium, with small
amounts of ruthenium, palladium, and gold, and about 10 per cent.
impurities, mostly iron and copper[54]. The thickness of the pay gravels
varies from 3 to 6 ft., and about 4 ft. may be taken as the average
width, the overburden running from a few to over 60 ft. The extent of
the productive area is about 170 sq. miles, and from 15,000 to 20,000
miners were employed before the war[4] p. 558. It has been noticed that
the platinum deposits are characterized by their uniformity, of course
not being so sinuous in direction as gold deposits.
Public-domain text, read in full here on John Shaqi.
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