Resources Watch

This week: DRDGold lifts output from its consolidated surface operations. The cost of Wesizwe’s new platinum mine will rise to R12-billion. And, ultrafiltration technology will be used at a new water treatment plant in Sierra Leone.

Cost of new platinum mine to rise to R12bn – Wesizwe

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion. So says Wesizwe CEO Jianke Gao, who was speaking to Mining Weekly in...

Bakubung platinum-group metals project, South Africa

Wesizwe CEO Jianke Gao reports that the capital cost of building the new Bakubung platinum mine is expected to escalate to R12-billion.

Cost of new platinum mine to rise to R12bn – Wesizwe

The capital cost of building of the new Bakubung platinum mine, now under construction on the western limb of the Bushveld Complex, is expected to escalate to R12-billion.

SA govt grants PTM mining right

Canada’s Platinum Group Metals (PTM) has received a mining right from the South African government for its flagship project in the country, the TSX- and Amex-listed company said on Wednesday. PTM also said it would finalise by the end of the...

Wesizwe awards R1.64bn shaft-sinking contract for Bakubung

JSE-listed Wesizwe Platinum on Thursday announced that Aveng Grinaker-LTA Mining has been awarded the R1.64-billion shaft-sinking contract at the company’s Bakubung platinum mine, in the North West. In selecting the successful contractor, the...

Frischgewaagd-Ledig platinum project, South Africa

The development activities aimed at transforming the Frischgewaag-Ledig project into the next major platinum-group metals mine are under way.

Company Announcement: Moses Kotane Municipality mayor to address community at Wesizwe mine Open day

Ms Fetsang Makati-Thebe will address the Ledig Community at the official Wesizwe mine open day on the 4th and 5th of November at the Christ Church of Assemblies in Ledig, near Sun City in the North West Province.

Wesizwe appoints nonexec directors

Platinum exploration and development company Wesizwe said on Monday it appointed Professor Wiseman Nkuhlu and Robert Garnett as independent nonexecutive directors. Nkuhlu, the previous president of the International Organisation of Employers, is...

Former Wesizwe CEO resigns as nonexec director

Platinum exploration and development company Wesizwe said on Tuesday that its nonexecutive director Arthur Mashiatshidi had resigned. His resignation is effective from September 19.

Wesizwe appoints new FD

Platinum exploration and development company Wesizwe reported on Monday that Wenilang Ma, from the Chinese group Jinchuan, would take over from Jacques de Wet as the company’s financial director. De Wet would remain with the company in an...

PGMs partner completes transaction with Chinese consortium

Mining group Platinum Group Metals reports that its partner Wesizwe Platinum has closed a proposed $877-million financing package with a Chinese consortium that includes non ferrous metallurgical and chemical engineering enterprise Jinchuan Group...