Bafokeng Rasimone Platinum Mine North shaft Merensky Phase 3 project, South Africa
Name and Location
Bafokeng Rasimone Platinum Mine (BRPM) North shaft Merensky Phase 3 project, North West, South Africa.
Client
BRPM Joint Venture (JV), comprising 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 from level 10 to level 15 at the mine boundary.
At steady state, Phase 3 will maintain the production level of North shaft at about 100 000 t/m.
Value
R1.409-billion.
Duration
The project started in November 2010 and is scheduled for completion in the third quarter of 2017.
Latest Developments
The Phase 3 project was 57% complete at the end of 2013, compared with a forecasted completion of 52%.
The cumulative project expenditure at year-end was R585-million, with a R40-million declared saving to date. The project has a current estimated saving on completion of R100-million against the approved project budget of R1.409-billion.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
The project is forecasted to be completed four months ahead of schedule, with an estimated saving of R100-million.
Contact Details for Project Information
RBPlat communications manager Kea Kalebe, tel +27 14 573 1487, fax +27 86 219 5131 or email kkalebe@bafokengplatinum.co.za.
Amplats corporate communications, Mpumi Sithole, tel +27 11 373 6246, fax +27 11 373 5846 or email Mpumi.sithole@angloamerican.com.
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