Which is an example of a precious metal?

Other elements are sometimes considered to be precious metals. Rhenium is commonly included on the list. Some sources consider indium to be a precious metal. Alloys made using precious metals are themselves precious. A good example is electrum, a naturally occurring alloy of silver and gold.

What does millennial precious metals corp.stand for?

Once complete, Millennial expects to be well-positioned to realize our corporate vision as a multi-million-ounce, multi-asset development company. As part of the Phase 1 drill program, the Company will also focus on advancing the early-stage Red Canyon property by further exploring the geology and controls on mineralization at the project.

Why are precious metals important to the economy?

Precious metals are elemental metals that have high economic value. In some cases, the metals have been used as currency. In other cases, the metal is precious because it is valued for other uses and is rare.

Where are the millennial precious metals mines located?

Millennial Precious Metals (“Millennial”) is focused on discovering quality ounces through the responsible expansion and conversion of its existing projects located in Nevada and Arizona, USA. Millennial plans to apply its proven systematic and scientific phase-based exploration program to advance our projects over the next few years.

Which is the most high profile precious metal?

Gold is the most high-profile precious metal, consistently generating lots of attention from the financial media, as well as market participants. Several factors account for an increased desire to hoard the shiny yellow metal:

Why are precious metals of high economic value?

Precious metals are rare, naturally occurring metallic chemical elements of high economic value . Chemically, the precious metals tend to be less reactive than most elements (see noble metal ). They are usually ductile and have a high lustre.

How can an investor invest in precious metals?

Investors can invest in precious metals by purchasing the physical asset, purchasing futures contracts for the particular metal or through the purchase of shares in publicly traded companies engaged in the exploration or production of precious metals.