The Refining Process - What Happens to Your Old Jewelry After Your Sell it?

You have taken the plunge and sent your gold andAt this point we have bullion bars which are not pure
other precious metal which is surplus to yourgold, platinum or whatever precious metal is involved -
requirements in to a gold buyer and you have receivedwe have an alloy or amalgam with a mixture of
your check but, aren't you interested in what happensprecious and non-precious metal content. The bullion is
to your old pieces and scrap precious metals now?now melted again for further processing so that the
The scrap precious metal which is bought in from theseparate metals can be extracted and when
public will now go through a refining process which willproducing "fine gold", the Miller Process is used.
involve the metal being sorted, weighed and analyzed.After the bullion bars are melted, chlorine gas is then
This process involves checking and rechecking theintroduced into the molten mixture which reacts with
metal at every step of the refining process, in asilver and non-precious metals to form solid
meticulous and documented fashion, because this is acompounds (known as "chlorides"). These float to the
necessary part of the requirement to satisfytop of the melt and are skimmed off for further
numerous regulations on purity control and for applyingrefining to extract the silver. What is left is at least
hallmarks.98% gold and must now be further processed using
Smeltingelectrolysis.
Once logged in and checked, the scrap precious metalThe result of electrolysing the gold melt is to produce
is transferred to the smelting department. Smelting ispure, 24k gold and a solution which contains platinum
the process by which the metal is heated and infusedand palladium which is in turn extracted at a later
with a special additive, known as a flux, and the metalstage.
is melted. The flux allows for the metal to melt moreThis whole process generates only a quarter of the
easily and for the pure metal to be mixed thoroughlypollutants and waste products which traditional smelting
providing uniform purity level.operations generate, and a tiny fraction of the adverse
Once melted, the metal is poured into a mold andenvironmental impact that mining the gold from the
allowed to cool until solid again - this forms bullion barsground creates.
which are then sampled and weighed.Platinum Refining
AssayingPlatinum is an extremely valuable precious metal, more
Assaying is the process by which the bullion bars arevaluable than gold at the moment but it also produces
analyzed to determine the level of precious metal ina large quantity of waste and extremely toxic
the bullion bars. Obviously, greater levels of preciouspollutants. The "Column Process" greatly reduces the
metal make the bullion bars more valuable. Thepollution and toxins which traditional platinum and
analysis takes the form of two samples taken frompalladium refining generates. The metal mix is placed
each end of the bullion bar and these are put throughinside a column with an acid solution which digests the
a "fire assay" test - it is this test which provides theprecious metal, but because it is self-contained, there is
level of purity of the bullion bar.no excessive use of toxic acids and the creation of
Gold Refining: The Miller Processwaste is minimized.