March 1, 2013

South Africa, 1936

South Africa sales of Osmiridium (ore) indicate ore producing PGM prices.  The ore was:
31.1% Os, 26.66% Ir, 13.58% Pt, 11.94% Ru, 2.04% Au, 0.47% Rh and 14.21% slag.

1936: 1 Troy Ounce Osmiridium (South African ore) =  £ 5.296

1936: 1 Troy Oz. Osmiridium (intrinsic, refined) = USD$ 39.25

1936: 1 Troy Oz. Osmium (US import) = USD$ 30.514
1936: 1 Troy Oz. Iridium (US import) = USD$ 79.9625
1936: 1 Troy Oz. Platinum (US import) = USD$ 32.5685

1936: 1 Troy Oz. Ruthenium (US import) = USD$ 26.6706
1936: 1 Troy Oz. Gold (US import) = USD$ 35.
1936: 1 Troy Oz. Rhodium (US import) = USD$ 26.2479

1936: 1 Troy Ounce Osmiridium (Australia) = £ 13.76

In early January 1937, Germany nationalized all Platinum.

Under a decree dated January 26, 1937, all private stocks of platinum, silver, copper, lead, tin, nickel or zinc, must be delivered to a governmental board for sale at prices and under terms fixed by the board. The Government has effected a plan for controlof the supply of skilled labor; work books are now required and a worker must obtain a permit before he may change his occupation. The Reich has divested itself of a number of participations in private enterprise undertaken during the depression.

No comments:

Post a Comment