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Platinum and platinum group metals are produced in Zimbabwe and South Africa. Of the multitudes of companies involved in producing platinum group metals in these two countries, these are the principal operators: [ citation needed ]
The history of African metallurgy is a testament to the ingenuity and resilience of African societies. From the earliest use of copper and iron to the complex metallurgical traditions that supported powerful states and vibrant trade networks, metalworking has been integral to Africa's social, economic, and cultural development. Despite the ...
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 ...
In 2010, South Africa was the top producer of platinum, with an almost 77% share, followed by Russia at 13%; world production in 2010 was 192,000 kg (423,000 lb). [35] Large platinum deposits are present in the state of Tamil Nadu, India. [36] Platinum exists in higher abundances on the Moon and in meteorites.
American Platinum Eagle, the official platinum bullion coin of the United States. Investment in platinum is often compared in financial history to gold and silver, which were both known to be used as money in ancient civilizations. Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than ...
The Twickenham mine is a large open pit mine located in the north-western part of South Africa in Mokopane, Limpopo. Twickenham represents one of the largest platinum reserves in South Africa having estimated reserves of 39.6 million oz of platinum. [1] The mine produces around 45,000 oz of platinum/year. [1]
The Siphumelele mine is one of the largest platinum mines located in the north-western part of South Africa in Rustenburg, North West. The mine is owned and operated by Anglo American Platinum. [2] [3] Siphumelele represents one of the largest platinum reserves in South Africa having estimated reserves of 12.4 million oz of platinum. [4]
The Modikwa platinum mine is a large underground mine in the north-eastern part of South Africa northwest of Burgersfort, Limpopo. It is part of the Bushveld Igneous Complex . Modikwa represents one of the largest platinum reserves in South Africa having estimated reserves of 215.2 million tonnes of ore grading 2 g/t platinum , 1.87 g/t ...