_Lapland._—Platinum occurs associated with chromite and diamonds, in
alluvial deposits on the Ivalo River. It is believed to be derived from
serpentine rock, of which the neighbouring country is largely
composed[4] p. 556.
_Finland._—Platinum has been found in the south in a lode-formation
containing quartz, siderite, calcite and dolomite. Gold and carbonate of
copper are also present in small quantities.[4] p. 557.
PLATINUM CURRENCY
In a dispatch to the Great Powers on February 26, 1920, the Soviet
Government promised to withdraw the decree annulling Russia’s foreign
debt, to pay arrears of interest, and giving as a guarantee to an
Anglo-American syndicate certain important platinum and silver-mining
concessions, in return for which the abandonment of intervention in
Russia’s internal affairs was demanded. To be used in payment of foreign
purchases, the Government was about to issue “platinum” credit notes of
50, 100, 500, and 5,000 roubles, the issue to be limited to 65,000,000
roubles, and backed by platinum reserves of 37,500,000 roubles. The
Government would be ready to convert the platinum reserves into coin if
required[57].
SPAIN
Promising deposits of platinum have recently been reported at Ronda, in
the province of Malaga. Domingo de Orueta, a Government geologist,
having noticed the similarity of the geology of this district to that of
the platiniferous deposits of the Urals, proceeded, a few years ago, to
explore the area systematically, and was soon rewarded, in the discovery
of the metal. The deposits, which are alluvial, extend along the Verde
and Guadaiza rivers, and are derived from serpentine and peridotite
rocks, the latter composed principally of rhombic pyroxene, with some
spinel and some dunite. Chromite occurs in association with the
platinum. The pay gravels contain about 8 gr. platinum per ton, and are
stated to have an average thickness of 5 ft., the depth of overburden in
the Guadaiza area, where apparently the richer gravels are found, being
about 33 ft., as compared with 49 ft. in the Verde locality[10] p. 547.
The Spanish Government have taken over the exploitation of these
deposits, and no public prospecting, without Government permission, is
allowed.
Platinum is known to exist in a number of other localities in Spain,
especially in the northern districts; but so far as is known, it occurs
in very small quantities of no commercial importance. The metal has been
recognized in the following rivers: Minho, Luna, Sil, Orbigo, Gallego,
Cinca Darro and Lower Jenil, where it occurs in the concentrate sands,
accompanied by magnetite, ilmenite, zircon and, frequently, gold[58].
ASIA
ARMENIA
Platinum, in association with gold, is reported to occur in the district
of Batum and Sasun, on the Charokh River[46] p. 610.
BORNEO
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