Precious Metals Education and Training

How to find useful information to enter, stay or advance in the business of international precious metals

By Howard Robertson
Depending on your application requirements of precious metals, you can search for relevant information about precious metals, their production process and price trends.  

If you want to pursue a career in the precious metal industry, you can learn about precious metal refineries and relevant processes. You can also read about the precious metal recovery process, as some precious metal suppliers use this process for the production of precious metals from scrap.  

If you want to buy precious metals, you must have enough information about the trends in precious metal prices and reputable suppliers of precious metals.

You can educate yourself and your employees on precious metals by: 
  1. Reading basic information about the precious metals production processes
  2. Joining associations for companies in the precious metal industry
  3. Compiling and analyzing important statistical information about the precious metal industry

 

Join associations of precious metals dealers and suppliers

You can join various associations to learn about new technologies and upcoming events in the precious metal industry.
Try: International Precious Metals Institute (IPMI) is an international association where precious metal refiners, fabricators, scientists and other related parties can exchange information and technology regarding the precious metal industry. Those who are associated with the silver industry can join The Silver Users Association, a non-profit organization that represents the interests of companies that make, sell and distribute products and services in which silver is an essential component. The  Industry Council for Tangible Assets (ICTA) is a national trade association that is proactive in proposing laws that could benefit the precious metal industry.

Find magazines and technical articles that provide information on precious metals

You can keep yourself updated with the latest developments in the field of precious metals by reading technical articles and magazines related to the precious metal industry.
Try: Those who deal in precious metal materials can subscribe to the online edition of Commodities Now, a quarterly magazine by Isherwood Production. You can also subscribe to Metallurgist, a journal that provides information about the metallurgy of ferrous and nonferrous metals, including precious metals.

Compile statistical information related to the precious metals industry

If you are a precious metal company, you can compile information about geological surveys and precious metal production and consumption rates and prices. Information provided by the government authorities and associations of precious metal producing companies is preferable because of its authenticity.
Try: U.S. Geological Survey provides statistics and information on different minerals and metals including precious metals. To get online precious metals prices, subscribe to MetalPrices.com, a website that also provides historical precious metals prices.


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