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Expansion project making steady progress

Steady progress has been made on all mining and infrastructure construction-related activities at platinum miner Royal Bafokeng Platinum’s (RBPlat’s) Styldrift I expansion project, in the North West. Steady-state production is expected in the first quarter of 2019, and will boost RBPlat’s... 

PFS provides guidance for platinum project

As of February this year, development work on the Platreef project, owned by Ivanhoe Mines, focused on the Shaft No 1 sinking programme, which is expected to be covered by existing dedicated working capital. The project is situated in Limpopo and is funded by an investment of $280-million made by... 

Platinum mine to complete shaft sinking in October

By: Kimberley Smuts Wesizwe Platinum’s Bakubung mine, in the North West, remains on track to complete shaft sinking in October, after which commissioning will start. The main shaft is currently 25 m away from bottom level, while the ventilation shaft is 45 m away from bottom level. Both shafts are expected to reach... 

Platinum mine to complete shaft sinking in October
ACCORDING TO PLAN Main shaft stripping and commissioning at Wesizwe's Bakubung mine is expected to start in November 2015

Platinum projects well under way

By: Kimberley Smuts Platinum group metals (PGMs) producer Sylvania Platinum’s project portfolio includes four hotspots on the northern limb of the Bushveld Igneous Complex that have been identified as prospective platinum, palladium and gold targets (PGM 3E), together with copper (Cu) and nickel (Ni) deposits. Each... 

Platinum projects  well under way
PGM FLOTATION PLANT Sylvania Platinum owns the Sylvania Dump Operations that currently include seven fully operational chrome tailings processing complexes

Bakubung closes 2014 with another milestone

JSE-listed Wesizwe Platinum reached another milestone at its flagship Bakubung platinum mine project, in the North West, in December last year, despite facing labour tensions in the platinum belt during 2014. Continual progress was made in sinking the main and ventilation shafts at the project,... 

Further platinum wage strikes unlikely – law firm

By: David D‘ Oliveira It is unlikely that there will be further strike action over wages and working conditions in the South African platinum sector this year, as the agreements reached by the Association of Mineworkers and Construction Union (AMCU) and the country’s top platinum producers last year are valid for a... 

Further platinum wage strikes unlikely – law firm
Photo by Duane Daws
NO STRIKES FOR 2015? Any strikes over wages and working conditions in the platinum sector before 2017 will be unprotected

Mechanisation, automation only answer

By: David D‘ Oliveira Mining companies should consider more carefully the way in which they operate to ensure that mineworkers are out of harm’s way, says resource consultancy VCI partner Gideon Malherbe, adding that embracing new and better mining methods, particularly mechanisation and automation, is the only real... 

Mechanisation, automation only answer
MOGALAKWENA The mine is the lowest-cost producer of platinum-group metals in the world, generating an operating-free cash flow of R10-billion over 5.5 years

Mupfuti to reach production early 2015

Zimbabwe-based platinum producer Zimplats’ Mupfuti mine was on schedule to reach design production capacity early this year, the company said in October last year, reporting that its Ngezi Phase 2 expansion project was progressing well. The $460-million, Phase 2 expansion, which involves the... 

PGMs demand remains high, despite 2014 losses

By: David D‘ Oliveira Platinum-group metals (PGMs) demand remains strong, despite the industry having lost more than one-million ounces of platinum production in 2014, owing to the five-month Association of Mineworkers and Construction Union strike, which pushed the global market into a significant deficit, says PGMs... 

PGMs demand remains high, despite 2014 losses
Photo by Reuters
PLATINUM SECTOR STRIKE The South African platinum sector lost over one-million ounces of platinum production in 2014, owing to the five-month strike

Platinum production to be supported by global automotive sales

By: David D‘ Oliveira Demand for platinum-group metals (PGMs) remains highest from the catalytic converter and jewellery markets, says resource consultancy VCI partner Gideon Malherbe, pointing out that China’s automotive sector is expected to have another record-breaking year in 2015 and car sales in the US are... 

Platinum production to  be supported by global  automotive sales
Photo by Bloomberg
CHALLENGING 2014 was a tough year for platinum producers, with falling prices testing miners’ profit margins

Platinum-based fuel cell technology successfully powers 34 houses

By: David D‘ Oliveira Platinum mining major Anglo American Platinum’s (Amplats’) platinum-based fuel cell 12-month mini-grid trial in the Naledi Trust community, in the Moqhaka municipality of the Free State, has successfully supplied low-cost electricity to the 34 participating households. Amplats precious metals... 

Platinum-based fuel cell technology successfully powers 34 houses
Photo by Duane Daws
NALEDI TRUST COMMUNITY 34 participating households in the community, in the Moqhaka municipality of the Free State, have been receiving low-cost electricity

Platreef PFS underpins ‘excellent’ economics – Ivanhoe

By: Natasha Odendaal The prefeasibility study (PFS) of TSX-listed Ivanhoe Mines’ Platreef project demonstrates the robust nature of the latest major new underground, mechanised platinum mine, near Mokopane, in Limpopo, Ivanhoe executive chairperson Robert Friedland stated last month. Ivanhoe aims to develop the... 

Mechanisation a boon for PGM producers

By: Ilan Solomons The unrest that has plagued the local platinum-group metals (PGM) industry over the last two years, culminating in this year’s five-month-long strike, which was spearheaded by trade union the Association of Mineworkers and Construction Union, has forever changed the operating climate for local... 

Mechanisation a boon for PGM producers
BUSINESS UNUSUAL Owing to increased wage and safety demands, the way the platinum group metals sector operates needs to be reviewed

Platinum junior to produce 400 000 oz by 2024

By: Ilan Solomons As part of its long-term vision, triple-listed platinum junior Atlatsa Resources aims to achieve steady-state production of 400 000 oz/y platinum, palladium, rhodium and gold platinum-group metals (4E PGM) by 2024 at its Bokoni opencast and underground mine, in Limpopo, says Atlatsa Resources... 

Platinum junior to  produce 400 000 oz  by 2024
LONG-LASTING RESERVES Atlatsa believes that life-of-mine is more than 100 years at the current extraction rate

Platinum strike consequences starting to take shape 

By: Ilan Solomons Platinum mining major Anglo American Platinum’s (Amplats’) recent announcement that it plans to sell as many as four mines and two joint ventures (JVs) is largely a result of the record five-month-long strike that beset the platinum sector earlier this year, says pan-African advisory firm... 

Platinum strike consequences starting to take shape
UNION MINE Anglo American Platinum’s decision to discard several of its local mining operations will have a significant impact on mineworkers

PrepQuip

By: Samantha Herbst With 25 years of mining technology and application experience, South Africa-based mining equipment supplier PrepQuip has been providing clients in the mining, minerals and metallurgical industries with internationally recognised equipment since its official establishment in 2000. PrepQuip’s... 

PrepQuip

Processing plants help flagship project meet 2016 targets

By: Ilan Solomons This year’s production outlook for Cyprus-headquartered integrated resources company Tharisa Minerals’ flagship chromite and platinum group metal (PGM) expansion project, near Marikana, on the western limb of the Bushveld Igneous Complex, in the North West, is “promising” and the company remains... 

Processing plants help flagship  project meet 2016 targets
Photo by Paul Funck – MDM Engineer
THARISA MINE, NORTH WEST The mine has a combined chromite and platinum-group metals concentrator that can produce 400 000 t/m run-of-mine

Significant PGM prospects at Burundi project

By: Ilan Solomons Having been granted a mining licence in May to exploit the Musongati deposit, in Burundi’s Rutana province, exploration and development company Burundi Mining Metallurgy (BMM) – which is 91% owned by international investment corporation Kermas – is scheduled to start mining operations in the... 

Significant PGM prospects at Burundi project
PLATINUM PRESENCE Musongati has a significant concentration of platinum-group metals, with an indicated total of 394 parts per billion (ppb) of platinum and 778 ppb of palladium

Junior miner’s platinum mine progressing well

By: Ilan Solomons JSE-listed junior platinum-group metals mining company Wesizwe Platinum last month cut the first level of the ventilation shaft at its North West-based Bakubung platinum mine. The shaft is about 690 m below the shaft level and 45 m above the first intersection of the region’s platinum-rich... 

Junior miner’s platinum mine progressing well
Photo by Duane Daws
SHAFT PROGRESSION Wesizwe is forecasting that the main shaft at Bakubung will be complete by October 15, 2015

North West projects progress despite challenges

By: Ilan Solomons Despite ongoing strikes and violence in South Africa’s platinum sector, JSE-listed junior platinum-group metals (PGMs) mining company Wesizwe Platinum is developing its fully funded Bakubung platinum mine project in the North West, which is a positive sign to investors that South Africa will... 

North West projects progress despite challenges
Photo by Duane Daws
BAKUBUNG PLATINUM MINE The project is scheduled to start production by the end of 2018, ramping up to full capacity by October 2020

Platinum producer’s projects on schedule

By: Ilan Solomons While midtier platinum group metals producer Royal Bafokeng Platinum’s (RBPlat’s) interim results for the six months ended June 30, 2014 will be released only on August 5, 2014, engineering and projects head Neil Carr tells Mining Weekly that the company’s Bafokeng Rasimone Platinum Mine (BRPM)... 

Platinum producer’s projects on schedule
MAIN SHAFT The 10.5-m-diameter main shaft being sunk at Styldrift 1

Project development hindered by platinum strike

By: Ilan Solomons Platinum mining major Impala Platinum’s (Implats’) No 16, 17 and 20 Shaft development projects, in the North West, have all been negatively impacted on by the protracted strike in the platinum sector, spearheaded by trade union the Association of Mineworkers and Construction Union (AMCU), says... 

Project development hindered by platinum strike
POSITIVE PROSPECTS 20 Shaft will produce about 125 000 oz/y of platinum

Junior PGMs miner surviving financial downturn

By: Pimani Baloyi Bakubung platinum mine, the flagship project of JSE-listed junior platinum group metals (PGMs) mining company Wesizwe Platinum, continues to meet the challenges of a new mining project development during the current difficult mining cycle, Wesizwe projects executive Jacob Mothomogolo tells Mining... 

PGM failures could impact ANC

By: Pimani Baloyi South Africa’s ruling party, the African National Congress (ANC) will bear the brunt of a poor-performing platinum-group metals (PGMs) sector, as the country gears up for its fifth democratic elections, pan-African advisory firm Africapractice associate consultant Sinethemba Zonke tells Mining... 

PGM failures could  impact ANC
SINETHEMBA ZONKE The ANC is likely to steer clear of discussions about the platinum belt, enabling opportunist opposition parties to take up mineworkers’ plight

SA deprived of platinum’s full potential

By: Pimani Baloyi The platinum group metals (PGMs) sector will continue to contribute minimally to South Africa’s economy unless the lack of alignment between government and the industry is addressed, says professional services firm Venmyn Deloitte. The majority of the current challenges facing South Africa’s PGMs... 

SA deprived of platinum’s full potential
IAAN MYBURGH Companies are reining in on exploration expenditure

Company moves away from gravity recovery of gold, focuses on PGM recovery

By: Chantelle Kotze Modular mineral processing plant manufacturer Appropriate Process Technologies (APT) CEO Kevin Peacocke says the company has increased its focus on designing and incorporating modular platinum-group metal- (PGM-) specific gravity recovery systems, which can be used to retreat tailing and to... 

Drilling contractor maintains sound platinum order book

By: Chantelle Kotze JSE-listed drilling services provider Master Drilling CEO Danie Pretorius tells Mining Weekly that the company has maintained a sound platinum order book this year, despite labour unrest in the sector. 

Dry chlorine metallurgy PGM refining plant nears commercialisation

By: Chantelle Kotze Patented platinum-group metals (PGMs) refining technology, Chloroplat, which recovers PGMs from ore concentrates and yields recoveries comparable with those achieved using conventional smelting, will soon reach commercialisation. 

Hydropower increasingly used as opposed to compressed air in platinum, gold mines

By: Chantelle Kotze The biggest combined force driving the adoption of hydropower equipment in the underground mining industry – specifically in gold and platinum mines – is the need to move away from using compressed air and an understanding by industry that it must do so, hydropower specialist Hydro Power... 

Investing in the future of platinum in Africa

Platinum major Impala Platinum (Implats) is investing in the future of platinum-group metals (PGMs) by developing its deposits. 

SA platinum ETF rated second-largest worldwide after four months 

By: Chantelle Kotze Since its launch at the end of April, banker Absa has experienced strong and consistent demand from institutional investors with regard to its NewPlat exchange-traded fund (ETF). 

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