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Thursday
Oct012009

« Striking Gold: D-MMEX helps you turn scrap into profit »

Chances are, you either haven’t given the scrap metal at your practice a lot of thought, or you’ve never found a reclamation company you felt you could trust to give you a fair return on your material. And, if you’re like a lot of dentists, you’ve wondered about the most secure, ethical way to convert scrap metal to cash — and with good reason. It’s hard to know how your material is being handled to ensure you get the biggest return for your scrap. To that end, the WSDA researched vendors and have endorsed D-MMEX EasyRefine, because of their reputation for efficiency, professionalism and ethics. In addition, the D-MMEX EasyRefine program is simple and provides proven higher returns than traditional sources. Thirteen other state dental associations have endorsed the London-based D-MMEX Easy Refine program because of their ethics and scientific approach to the refining process.

Easy to use

D-MMEX makes things easy for you by providing free and insured shipping of all scrap; complimentary melt and assay; all-element analysis, including gold, platinum, palladium and silver. Best of all, D-MMEX is fast — you’ll receive a check settlement within 10 days. Settlements are based on  a percentage of current market prices posted at www.easyrefine.com — 97 percent of gold value and 90 percent of silver, platinum, and palladium. In addition, you’ll receive a detailed analysis report illustrating the value of the shipment. As an added benefit, any scrap metal sent in by an WSDA member for the first time will receive an additional 5 percent bonus on the value.

Scrap sources

Scrap comes in many forms – from failed crown and bridgework, to extractor bags and floor sweepings — from both chairside work and labs. Even carpet can be a source of precious metals, if it has been in a lab environment for a significant amount of time. Scrap is most commonly a mix of precious metals like gold (A typical gold can contain anywhere from 40 to 84 percent gold), platinum, palladium, and silver, along with alloy materials such as copper — and it can be of significant value. Other scrap sources include bench grindings from a technician; larger-volume material, including extractor bags and sweepings; platinum foil from copings; rugs and carpets; and castings. Items such as waste amalgam (mercury) and X-ray film (lead) can’t be sent.

Get the process started

To process your return, collect scrap material until you have a quantity to reclaim (you make the call — send as much or as little as you like), then simply use one of the free Fedex mailers to ship it to D-MMEX (for larger items, please contact D-MMEX directly for shipping information). The material is received at a refinery, where it is melted in a crucible, reducing the metal and porcelain into a molten substance and incinerating any foreign or biological material. After processing, a block is formed, and a sample drilling is taken to forward to an independent assay office. Once the assay has been determined, the bar is priced on the London-based market at the next available fix (the method of establishing the price of precious metals). Payment is then made to you for the value of the four precious metals at the percentages shown above. You receive a detailed analysis report showing the total weight of the material sent, the amount of non-precious waste and the true weight and value of the precious metals.

For more information on the D-MMEX Easy Refine Program, or a free shipping container, contact D-MMEX EasyRefine at (800)741-3174 or visit www.easyrefine.com.