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In 2015, Bill LeRoy, the president of Ohio Precious Metals was named the company's CEO and the company changed its name to Elemetal. In March 2017, Juan P. Granda a former employee of NTR Metals, Miami was charged with buying gold from illegal mines in Peru. [ 1 ]
Rand Refinery (Pty) Limited is the world's largest integrated single-site precious metals refining and smelting complex. It was established in 1920 to refine gold within South Africa , which had previously been refined in London .
Tarek Saab, chief operating officer of Texas Precious Metals, proposed building a $20 million depository on 40-acres in Shiner, Texas, without the cost of taxpayer dollars. [11] Brink's is in favor of relocating the state's’ precious metals to one of their branch locations instead of constructing a physical building. [ 12 ]
In metallurgy, refining consists of purifying an impure metal. It is to be distinguished from other processes such as smelting and calcining in that those two involve a chemical change to the raw material, whereas in refining the final material is chemically identical to the raw material. Refining thus increases the purity of the raw material ...
In 2019, 79% of its revenues were from the sale of copper, 11% were from the sale of gold, and 8% were from the sale of molybdenum. [47] In 2019, sales to the company's copper refining joint venture in Gresik Regency accounted for 13% of the total revenues of the company. [47] Some of the company's mining operations are as follows: [47]
16th century cupellation furnaces (per Agricola). Cupellation is a refining process in metallurgy in which ores or alloyed metals are treated under very high temperatures and subjected to controlled operations to separate noble metals, like gold and silver, from base metals, like lead, copper, zinc, arsenic, antimony, or bismuth, present in the ore.
ASARCO lead smelter in Murray, Utah; January 1, 1922. ASARCO was founded in 1888 as the American Smelting and Refining Company by Henry H. Rogers, William Rockefeller, Adolph Lewisohn, Robert S. Towne, Anton Eilers, and Leonard Lewisohn. From 1901 to 1959, American Smelting and Refining was included in the Dow Jones Industrial Average.
The company was founded in 1892 and was originally called Eastern Smelting. [1] In 1928, it was purchased by the Garfield family. Still located in Philadelphia, Garfield's headquarters house a facility that separates precious metals from waste material, as well as an on-site assay laboratory. The family-owned and operated refinery services a ...
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