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The Kroondal mine is a large open pit mine located in the north-western part of South Africa in Rustenburg, North West. Kroondal represents one of the largest platinum reserves in South Africa having estimated reserves of 6.2 million oz of platinum. [2] The mine produces around 217,000 oz of platinum/year. [2]
Mine: Product(s) Coordinates: Associated town: Owner: Dates: Comments: Baken diamond mine: Diamond: Lower Orange River: Trans Hex????–Present Probable reserves are 21.2 million cubic meters of ore at an ore grade of 1.69 carats (338 mg) per 100 cubic meters (3.38 mg/m 3).
The company was established in 1920 as the Mount Monger Gold Mining company to exploit the Kalgoorlie goldfield. [2] In 1984 it was listed on the Australian Stock Exchange. [2] In 1995 it acquired Gemex Exploration & Mining Company and Randex Platinum Holdings and in 1996 it acquired Pacific Platinum so giving it control of the Kroondal Mine. [2]
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Kroondal is a village situated in North West Province of South Africa with a large German speaking community. It lies on the N4 road . The village originated from a farm in existence since 1843, initially known as Kronendal , on which a mission was established - one of 22 German Lutheran missions in Natal and the former Transvaal .
Platinum mining in Rustenburg began in 1929, shortly after the discovery of the Platinum Reef by Hans Merensky, later named the Merensky Reef. The mine is located about 3 km from the town centre and owned and managed by the Anglo American plc. According to legend, the farmer that owned the land sold the mineral rights to Anglo American for R10 000.
The second-largest mineral industry in the world is the mineral industry of Africa, which implies large quantities of resources due to Africa being the second largest continent, with 30.37 million square kilometres of land.With a population of 1.4 billion living there, mineral exploration and production constitute significant parts of their economies for many African countries and remain keys ...
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