Search results
Results from the WOW.Com Content Network
African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron, coal, copper, and gold. [2] 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]
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 .
Northam Platinum has three main mines in South Africa located at Zondereinde, Limpopo Province, Booysendal, Mpumalanga and Eland North West.Located close to Thabazimbi, the Zondereinde mine produces 280,000oz of refined PGMs a year in 2016 and has an expected life of more than 20 years.
The five-month-long platinum strike resulted in the deaths of four people, [11] six stabbings, [12] and 24 billion rand ($2.25 billion) in lost revenue for the South African platinum industry. The GDP of South Africa contracted in the first quarter of 2014, [13] pulled down by the steepest drop in mining production, 25% of which 19% was ...
In 2014, a five-month-long platinum strike had resulted in the deaths of four people, [39] six stabbings, [40] and 24 billion rands ($2.25 billion) in lost revenue for the South African platinum industry. The GDP of South Africa contracted in the first quarter of 2014, pulled down by the steepest drop in mining production (25% of which 19% was ...
Mogalakwena represents one of the largest platinum reserves in South Africa having estimated reserves of 264.9 million oz of platinum. [1] The mine produces around 310,000 oz of platinum/year. [1] The mine is majority owned by Anglo American, [1] and has been the subject of conflict between the company and the local Mapela and Langa communities ...
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 ...
This deal would allow work to start on platinum production at the Bakubung Platinum Mine. [10] [11] In January 2013, Wesizwe Platinum confirmed that it had received a $650 million loan from the China Development Bank for the development of the Bakubung project. Part of the loan would be used to refund two separate $100-million short-term loans ...