June 11, 2013

Russia, 1906






1906: 1 Troy Ounce Platinum (SPb Refined, Mkt)= 79.75 руб (USD$ 40.56)





1906: 1 Troy Oz. platina (Mkt)= 32.28 руб (USD$ 16.42)
1906: 1 Troy Oz. platina (Mkt)= 64.56 руб (USD$ 32.83)
  


Citation: Board of Trade Journal, Vol. 54 (1906) p.476



1906 руб/Poud руб/Ozt. руб/Ozt. руб-$/Ozt. USD$/Ozt
-82% -82% -0.999 -0.999 (Ingot)
Jan 22,000.00 41.7739 50.9438 $24.99 $20.50
Feb 22,000.00 41.7739 50.9438 $24.99 $25.00
Mar 22,000.00 41.7739 50.9438 $24.99 $25.00
Apr 22,000.00 41.7739 50.9438 $24.99 $25.00
May 22,000.00 41.7739 50.9438 $24.99 $25.00
Jun 22,000.00 41.7739 50.9438 $24.99 $25.40
Jul 23,000.00 43.6727 53.2594 $26.13 $26.00
Aug 23,000.00 43.6727 53.2594 $26.13 $26.00
Sep 28,250.00 53.6415 65.4164 $32.10 $32.10
Oct 34,000.00 64.5597 78.7313 $38.63 $33.00
Nov 31,000.00 58.8632 71.7844 $35.22 $35.50
Dec 33,000.00 62.6608 76.4157 $37.49 $38.00


1906: 1 Troy Ounce platina (Ural Cost)= £ 2.552 (24.44 руб; USD$ 12.43)
1906: 1 Troy Oz. platina (SPb Mkt)= £ 3.828 (36.66 руб; USD$ 18.65)  
1906: 1 Troy Oz. Platinum (SPb Mkt)= 33.09 - 64.56 руб (£ 3.46 -6.74)

January 1906: 1 Troy Oz. Platinum (ingot at purity) ~ £ 5.60 (USD$ 27.25)
October, 1906: 1 Troy Oz. Platinum (ingot, mkt) = £ 7.98 (USD$ 38.83)
October, 1906: 1 Troy Oz. Platinum (ingot at purity) ~ £ 9.39 (USD$ 45.69)






1906:
Recently, we used excavators, which are much more advantageous, and by which a Poud of Platinum will cost at most 4,000 Roubles. {...}  The price that is paid for the Stareitely, varies between 1.50 Rouble and 2.50 Roubles per Zolotnik. When using their own workers extracting the metal costs more. {...} therefore a 1.90 Roubles per Zolotnik or 4,000-7,200 Roubles per Poud {...} The average daily wage salary for a worker in the summer is R. 0.75 to 1 Rouble, the highest about 1.75 Rouble. 

A larger number of the largest mine owners are bound by 10-year contract; regardless of the global price at the major refineries,  their product must be delivered at a fixed rate of 10,000-11,500 Roubles per Poud

Citation: Die Untersuchung und Bewertung von Erzlagerstätten;  Paul Krusch (1907)


Citation: Industrial & Mining Standard, Vol. 38 11/13/1907, p.450


Citation: Queensland Government Mining Journal, Volume 8 (Jan 1907) p.56


Maximum ore price, to date:




35% of global production recycled Pt:


Osmiridium smuggled out of Russia?

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