Bafokeng Rasimone Platinum Mine North Shaft Merensky Phase 3 project, South Africa

1st March 2013 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Name and Location
Bafokeng Rasimone Platinum Mine (BRPM) North Shaft Merensky Phase 3 project, North West, South Africa.

Client
A joint venture between Royal Bafokeng Platinum (RBPlat) and Anglo American Platinum (Amplats).

Project Description
The BRPM Phase 3 project is providing further replacement for Merensky production at the North Shaft complex through the extension of the existing decline shaft by an additional five levels, from level 10 to level 15.

At steady state the project will contribute 70 000 t/y of platinum ounces.

Value
R1.27-billion.

Duration
The project is scheduled to conclude in the third quarter of 2017.

Latest Developments
Amplats has reported that the project continues to make steady progress and remains on track for completion in 2017.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Yes.

Contact Details for Project Information
RBPlat investor relations, Lindiwe Montshiwagae, tel +27 11 530 8056, fax +27 86 219 5131 or email lindiwe@bafokengplatinum.co.za.
Amplats media and external relations manager Mpumi Sithole, tel +27 11 373 6246, fax +27 11 373 5846 or email  Mpumi.sithole@angloamerican.com.