Photo by: Impala Platinum
Name of the Project
Mimosa’s North Hill project.
Location
Zimbabwe.
Project Owner/s
A joint venture between Impala Platinum and Sibanye-Stillwater.
Project Description
The project will extend Mimosa’s life-of-mine (LoM) by about ten years to 2044. The project will increase LoM at the current production platform and sustain 227 000 t a month into the existing processing plant.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
$130-million.
Planned Start/End Date
Steady-state production from NorthHill is forecast for the 2034 financial year.
Latest Developments
The feasibility study has been completed and a memorandum of understanding to support project execution is under discussion with the Zimbabwe government.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Impala Platinum group head: investor relations and corporate communications Alice Lourens, tel +27 11731 9033 or
email Alice.Lourens@implats.co.za.
Sibanye-Stillwater executive VP: investor relations, James Wellsted email James Wellsted,ir@sibanyestillwater.com.