Search results
Results from the WOW.Com Content Network
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).
For premium support please call: 800-290-4726 more ways to reach us
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.
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 ...
South Deep; In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited, which was then renamed Sibanye Gold Limited, and consisted of the KDC (formerly Kloof) and Beatrix mines, as well as an array of support service entities in South Africa.
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]