alchemising

verb
  1. transforming something common or base into something precious or valuable through a seemingly magical or mysterious process
  2. Usage: British spelling (American: alchemizing); present participle of alchemise; often used figuratively
  3. practicing alchemy; attempting to convert base metals into gold or to discover the elixir of life
  4. Usage: historical or archaic usage; literal sense related to medieval alchemy

Examples