Selective recovery of precious metals from solution using magnetite

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A new method to recover precious metals like gold and platinum group metals selectively from the solutions containing common metal ions. Reduction potential of the precious metal ions are high and they are reduced and precipitated on magnetite surface, but reduction potential of common metals like copper and zinc are lower than that of magnetite and they are not reduced on magnetite surface. Magnetic separation can be used to recover precious metal loaded magnetite from the suspension of precious metal ores and scraps. It was confirmed that slag magnetite (a magnetic portion of crushed copper converter slag) can be used to recover precious metals.