Precious Metals Mining Glossary (Terms, Definitions, Acronyms, etc.)
Alluvial deposit - naturally occurring ore formed with rocks, minerals, and organic material found on riverbanks and floodplains
Assay - an analysis to determine the amount of metal in an ore
Bedrock - a solid, unified rock usually at the foundation
Bench deposit - a dried out, formerly alluvial deposit
Blacksand - dark, mineral-rich sand usually laden with gold, silver or platinum found in close proximity to more concentrated ore
Bonanza grade - a mineral-rich vein of ore
Dust - ususally referring to gold makes up the majoriy of material found from prospecting or panning
Bold group metals - includes gold, silver and copper which are share similar chemical properties (also in the same column of the periodic table of elements)
Gigh-grade - large concentrations of a specific metal in the ore; high-grade gold usually refers to gold found at over 1 gram of gold per ton of ore
Industrial metals - metals chiefly mined for industrial use or for use such as copper, iron, aluminium, nickel, titanium, but can include silver, platinum, and palladium
Ore - unprocessed or raw metals and/or minerals
Panning - the use of a gold pan and water to separate heavier gold nuggets and flakes from dirt, sand, and lighter material
PGM - Platinum Group Metals
Platinum group metals (PGM) - generally used to reference platinum, palladium, and rhodium, but also includes rhuthenium, osmium, and iridium all of which share similar chemical and physical properties and are occur naturally in the same vicinity.
Precious metals - the rarest and most valuable of all metals chiefly referring to gold, silver and platinum, but including palladium, rhodium, and iridium
Shaft - a long and deep opening into a mine in order to reach an ore vein system or zone
Sluice (box) - a long, narrow tube or channel
Tailings - residual material or what's left over after separating the valuable portion of the ore from the less valuable
Vein - a long, narrow area hosting concentrated ore
WGC - World Gold Council
zone - a wider area hosting concentrated ore