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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]
Norilsk Nickel had bought a 51% stake in Stillwater in 2003, but in November 2010 Norilsk Nickel announced plans to sell this stake. [2] The South African mining company Sibanye Gold Limited proposed in December 2016 to acquire Stillwater for $2.2 billion ($18/share, a 61-percent premium over its average share price during the previous 52 weeks).
In 2012, what started as a peaceful protest resulted in a massacre. The Marikana massacre [15] was the killing of thirty-four miners by the South African Police Service (SAPS) on 16 August 2012, during a wildcat strike at the Lonmin platinum mine in Marikana, Rustenburg, North West province, South Africa.
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Aquarius Platinum plc is a Bermuda-registered and headquartered mining business.. Aquarius was quoted on the London Stock Exchange, the Australian Stock Exchange and the Johannesburg Stock Exchange and also had a sponsored Level 1 ADR program in the United States until it was acquired by Sibanye Gold in April 2016.
In 2012, what started as a peaceful protest resulted in a massacre. The Marikana massacre [31] was the killing of thirty-four miners by the South African Police Service (SAPS) on 16 August 2012, during a wildcat strike at the Lonmin platinum mine in Marikana, Rustenburg, North West province, South Africa.
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ARM's Goedgevonden coalmine near Witbank is a flagship of their joint venture with Xstrata, and produces 6.7 million tons of coal per year. [3] Production is expanding at the Two Rivers platinum mine in Mpumalanga. [4] ARM owns 20% of Harmony Gold, the 12th largest gold mining company in the world with three mining operations in South Africa. [5]