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Impala Platinum Holdings Limited or Implats is a South African holding company that owns several companies which operate mines that produce platinum and platinum group metals, as well as nickel, copper and cobalt. Its most significant mine is the Impala mine in the North West province of South Africa.
A court settlement in 1999 with Impala Platinum Mining (Implats), the second-largest platinum company in South Africa, gave the Royal Bafokeng Nation a 22 percent royalty on all platinum taken from their territory and an ownership stake in Implats. The value of the Bafokeng's stake in Impala had tripled to more than $50 million by 2001.
The Impala mine is a large platinum mine located near Rustenburg in the North West Province of South Africa. Impala represents one of the largest platinum reserves in South Africa having estimated reserves of 68.9 million oz of platinum. [2] The mine produces around 800,000 oz of platinum/year. [2]
The Bafokeng mine is a large open pit mine located in the north-eastern part of South Africa in Rustenburg, North West. Bafokeng represents one of the largest platinum reserves in South Africa having estimated reserves of 47.9 million oz of platinum. [1] The mine produces around 171,000 oz of platinum/year. [1]
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This list of mines in South Africa is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
Premier Diamond Mine, Cullinan, Gauteng, South Africa An aerial view of the Two Rivers mine in Steelpoort, Limpopo, owned by both African Rainbow Minerals and Impala Platinum holdings limited. 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]
The Marula Mine is a platinum mine located in the Limpopo province of South Africa. It is in the eastern limb of the Bushveld Igneous Complex , approximately 35km north-west of Burgersfort . The operation comprises two decline shaft systems which are used to access the UG2 reef .