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

4th December 2015

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Bafokeng Rasimone Platinum Mine (BRPM) North Shaft Merensky Phase III 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 III 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 III 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 2017.

Latest Developments
The overall project is ahead of schedule at 86% completion against a plan of 77%, allowing the construction scope on 14 and 15 levels to be delayed into 2017 without impacting on the key handover dates for those levels and, as a result, reducing the capital expenditure in 2016.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
The project remains below budget, with expenditure for the quarter amounting to R57.9-million, bringing the total for the project to date to R936.9-million.

Contact Details for Project Information
RBPlat executive for corporate affairs Mpueleng Pooe, tel +27 10 590 4515 or email mpueleng@bafokengplatinum.co.za.
Amplats corporate communications, Mpumi Sithole, tel +27 11 373 6246, fax +27 11 373 5846 or email Mpumi.sithole@angloamerican.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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