Does it exist in nature, on Earth, in small inclusions in other minerals in a relatively pure form? (ENVIRONMENT_SPEC:x:CLUSTER_ONE:x])? Yes.
Frankly, I find that even more unrealistic. What you're doing is commuting a larger but impure sample into a tiny but pure one.
For aluminum, it's astonishing enough that it can occur in tiny flakes in a native form in multiple samples from the same area, but a single lode large enough to make something without any similar deposits nearby? You'd be called a fraud by the modern scientific community if you claimed discovery of such an anomaly. Besides, even if some crazed dwarf spent a few months smashing rocks and gathering the tiny flecks of metal, I doubt there'd be enough overall for even a ring of the stuff.
As for platinum, "relatively pure" is not pure enough. Evidence indicates that even a small percentage of impurities is enough to distinctly alter the metal's properties. If dwarves could remove these impurities at all, they'd effectively end up with the same amount of material that they started off with.
Actually, that could conceivably be doable by dwarves.
Hence why platinum could be reintroduced as a product of alchemy. So doing would still be an exception though, as platina itself is still unworkable.
They could make something that hot, bet your life on it. If that's the only real problem with getting Platinum, then the Dwarves would have overcome it.
It isn't. You need more than heat to separate platinum from the palladium, osmium, iridium, et cetera; you need large amounts of chemicals and specialist equipment. (Take a gander at the updated OP for an example.)
I'm not saying that the dwarves wouldn't figure it out eventually, but by that time they'll probably have figured electricity out as well. Still though, as I said I'm not adverse to pure platinum being possible in the alchemist's lab, only in a furnace. As Sadrice pointed out the dwarves have everything they need to
theoretically do it, if not on an industrial scale.
I've updated the OP once more with some clarification (might evolve further into a true FAQ, who knows).
Oh, and I forgot to mention that one of the sources (I forget which) mentions that the Roman historian Pliny (again, I forget which Pliny) had identified platina. So, add that one to the Central Americans and the Ancient Egyptians (who got it from Nubia).
PS:
I think I may have hit the
motherload (no pun intended) of sources!