Business: Platinum Boom

In 1923, prospectors discovered platinum in the Transvaal and organized the Transvaal Platinum, Ltd. to exploit their discovery. Capital was raised, ore was extracted and tested. A first-class mine was developed, although how permanently profitable it may prove is anyone's guess at present.

The example of Transvaal Platinum, Ltd. has been contagious, and other prospectors have also found the precious metal in adjoining districts of the Witwatersrand, although in many cases not in paying quantities. Enough has been done to indicate that a very large section of the Central Transvaal may be...

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