Platinum‐group element minerals (PGM) occur in significant proportions in placer deposits in several localities in South Kalimantan. They consist of Pt‐Fe alloy that may be intergrown with or contain inclusions of Ir‐Os‐Ru alloy, laurite and chromite. Alluvial PGM found along Sungai Tambanio are in part derived from chromitite schlieren in dunitic bodies intruded into clinopyroxene cumulates that may be part of an Alaskan‐type ultramafic complex. A chromitite schlieren in serpentinite from one of these dunitic bodies is anomalous in PGE (Pt: 580 ppb; Pd: 3.4 ppb; Rh: 1 ppb; Ru: 9 ppb; Ir: 21 ppb; and Os: 3.9 ppb). The chondrite‐normalized PGE pattern for this rock, pan concentrates from this area, and PGM concentrates from diamond‐Au‐PGM placer deposits have an ‘M'‐shaped pattern enriched in Ir and Pt that is typical of PGE‐mineralization associated with Alaskan‐type ultramafic complexes.