PERTH (miningweekly.com) – The South African Department of Environmental Affairs has granted ASX- and JSE-listed Nkwe Platinum environmental authorisation for certain activities at its proposed Garatau mine, in Limpopo.
Nkwe is planning an underground platinum mine capable of producing some 330 000 oz/y of platinum over an initial 17-year mine life.
A 2012 bankable feasibility study has estimated a capital requirement of some A$641-million to fund the development of a 3.6-million-ton-a-year operation.
A mining right was granted over the Garatau project in January 2014.