Refining for Placer Mining Operations

Elemetal is a refinery for placer mining operations that buys and refines gold, silver, and other precious metals. We provide fast, transparent settlements for placer gold with diverse settlement options including same-day ACH (direct-deposit), wire, bullion exchange, and pool (metal consignment).

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Placer Materials We Purchase

We accept and buy placer gold in any amount. There are no minimums and no maximums.

  • Fines/flakes

  • Pickers

  • Small & Large nuggets

We do not typically accept hard rock, ore, sponge, black sand, or concentrates.

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How To Sell Your Placer Gold

Drop-off at an Elemetal Location

Utilize our walk-in service by finding an Elemetal location. You can drop off your refining lot and receive payment for placer metals within 1-2 hours.

  • To lock in a spot price prior to drop off, call our customer service department at 1-469-522-1111.

  • Locations are open for placer refining from 9:00 a.m.-5 p.m., Monday - Friday.

Utilize Express Shipping

Once your business account is approved, our team arranges insured packing supplies and pickup. Track your shipment end-to-end for a streamlined settlement.

  • Fill out the Elemetal business application.

  • Once approved, call Customer Service (1-469-522-1111) and they will help you fill out a digitized Packing Form and provide complimentary shipping supplies.

  • Lock in a spot price prior to shipping.

  • Packages are sent safely and securely with complimentary insurance.

Self-Service Shipping to Elemetal Headquarters

As a self-service option, miners can generate their packing form, (optionally) lock a price, and ship to our facility. We notify you when your lot is received and in process.

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Maximize Value With Flexible Settlement Options

At Elemetal, we understand the complex operations and costs of placer mining. To best support you in meeting your financial goals, we offer flexible options for your business.

Pricing Options for Placer Gold

  • Spot price at settlement

  • Price locks (up to five business days in advance)

  • Price on check-in (walk-in or mail-in)

  • Credit to consignment (pool account); can price at future spot

Settlement Methods

  • ACH (direct deposit) to a bank account

  • Wire transfer for immediate payment

  • Metal exchange (trade for bullion products)

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A Refiner That Placer Miners Trust

With 45+ locations nationwide and thousands of commercial clients, Elemetal is built for speed, transparency, and liquidity. Each site is staffed by professionals who handle your metal directly. Our network and market access help deliver competitive returns and the industry’s fastest settlements.

Our footprint and trading capabilities are meant to support your business, especially as you leverage our flexible settlement options to manage risk during processing and transit.

Why Choose Elemetal for Your Precious Metals?

Our advanced refining techniques ensure the highest levels of purity and accuracy, maximizing the value of your jewelry scrap. Elemetal is committed to providing the fastest and most reliable services with competitive settlements, making us the preferred choice for jewelers nationwide. Our dedicated team is here to support you every step of the way, ensuring a seamless and rewarding refining experience.

Client Support and Transaction Transparency

Elemetal offers the industry’s most competitive payouts for precious metals. As a business-to-business refiner ONLY, we do not compete with our customers. For quotes on all metals, contact our commercial refining sales department at 1-800-889-0396.

Frequently Asked Questions for Placer Refining

  • Elemetal operates business-to-business only. Individuals with a mine-claim or who operate a mining business should inquire about opening an account with Elemetal. Please call our customer service department with any questions (1-469-522-1111).

  • We conduct industry-standard assay on placer materials, including X-ray fluorescence (XRF), Fire assay (cupellation), and inductively coupled plasma (ICP). Settlement is based on determined precious metal content.

  • Elemetal is America’s largest precious metals refiner, with over 45 locations across the United States. Our national scale is meant to provide your mining business with the confidence, flexibility, and value to maximize its return.

Looking for Placer Metal Refining Near You?

Elemetal is America’s largest precious metals refiner, with over 45 locations across the United States. Our national scale is meant to provide your mining business with the confidence, flexibility, and value to maximize its return.

Find an Elemetal refinery near you today!

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