Portal logo
732                                         MINERAL RESOURCES.
The decline in price in the United States increased the feeling of insecurity on the part of the platinum miners as to the value they would secure from their material, and rendered the search for plati­num less active.
RUSSIA.
In Russia the contracts for practically the entire supply have been made for a number of years ahead, hence the fluctuations in price are of no significance in regard to the total annual output. Since 1894, inclusive, the production in Russia has been as follows:
Reports are frequent that an increasing proportion of the platinum in Russia is being mined by American interests, in accordance with the contracts as to price referred to above.
SOUTH AMERICA.
Continued interest is shown in the project of developing the plati­num localities in the department of Cauca, Colombia, but develop­ment work has not proceeded to the point of any considerable product.
IMPORTS.
The imports are shown in the following table:
Platinum metals imported and entered for consumption in the United States,
1902-1907.