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The Two Rivers mine is a large bord and pillar mine located in the north-eastern part of South Africa in Steelpoort, Limpopo.Two Rivers represents one of the largest platinum reserves in South Africa having estimated reserves of 100 million tonnes of ore grading 1.8 gr/t platinum, 1.07 gr/t palladium and minor grades of gold, rhodium, ruthenium and iridium. [1]
Mining operations around Steelpoort include the Dwarsrivier chrome mine (30 km from Steelpoort, located in Mpumalanga) [3] owned by Assmang, Tweefontein chrome mine and Tubatse Ferrochrome, owned by Samancor, Two Rivers and Modikwa platinum mines managed by Patrice Motsepe’s African Rainbow Minerals, as well as Mototolo platinum mine and the ...
The company is listed on the Johannesburg Stock Exchange and at 31 December 2021, had assets of R75.7 billion [8] and a market capitalisation of R53.4 billion. Exxaro Resources Ltd has been approved for a secondary listing on A2X Markets on Thursday, 2 April 2020.
As of Oct. 23, the stock was up over 50% in the past year compared to a 34.3% increase in the price of gold. Newmont had a huge surge in October before the recent sell-off.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Freeport-McMoRan wasn’t one of them. The 10 stocks that made ...
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Mining in South Africa was once the main driving force [1] behind the history and development of Africa's most advanced and richest economy. [2] Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery of the Kimberley pipes a few years later.
China's move to stimulate its economy pleased copper bulls and Freeport McMoRan shareholders alike.