kroondal platinum mine

SIBANYE-Stillwater has taken control of Kroondal Platinum Mines (KPM) after bringing forward an agreement to buy the 50% stake of its joint venture partner Anglo American Platinum (Amplats).. That agreement, signed in January 2022, had a number of conditions precedent of which one was the delivery of 1.35 million ounces of …

These costs are currently estimated to be about R415-million. The transaction facilitates a life-of-mine extension for the Kroondal operation to 2029. Sibanye CEO Neal Froneman says the agreement ...

Anglo American Platinum (AAP) has wrapped up the sale of its 50% interest in Kroondal and Marikana platinum group metal (PGM) mines in South Africa to Sibanye-Stillwater. Sibanye-Stillwater already held a 50% stake in both South African PGM mines through the pool-and-share agreements (PSAs) with Anglo American Platinum.

January 14, 2022. MERAFE Resources said it would produce platinum group metals (PGMs) from its Kroondal Mine held in joint venture with Glencore. The Johannesburg-listed group owns 20.5% of the Merafe Glencore Joint Venture which is expected to produce about 1.9 million tons of ferrochrome in 2021. Merafe said today in a fourth quarter ...

This is the western portion of the Kroondal Platinum Mine which is a shallow mechanised operation which exploits the UG2 reef using a bord and pillar method. This part of the lease has the Kwezi shaft in which the deepest level is around 370m, and the K6 shaft in which the deepest level is around 340m. Kroondal is operated in terms of a 50:50 pool share …

Joining Sibanye-Stillwater means becoming part of a global workforce of more than 80,000 people and a company committed to strengthening our communities, preserving and protecting the integrity of our environment and advancing the mining industry through new technologies. Our employees are key stakeholders and our …

Our Southern Africa PGM operations consist of underground mining operations, surface sources and concentrators in South Africa at Kroondal, Rustenburg and Marikana, and Mimosa in Zimbabwe (a 50% joint venture with Implats). We also own the Platinum Mile tailings retreatment facility near Rustenburg, which recovers PGMs from the tailings …

The Kroondal operation is a 50/50 pool and share arrangement (PSA) with Anglo American Platinum whereby the Kroondal infrastructure accesses defined Mineral Reserves …

Mototolo mine is a large platinum mine located in the North-Eastern part of South Africa in Burgersfort, Limpopo. Board and pillar-Underground mining on the UG2 reef. Reserves: ~ 25.7 5E Moz LOM: To 2050. Pt oz 2 932 3 537 employees The fully mechanised Der Brochen 240ktpm project will bring into operation a new shaft to progressively complement

Following the temporary suspension of operations, 84% of the mine's employees were re-assigned and re-allocated to other jobs, mostly at the Kroondal mine. Platinum group mineral reserves. The PGMs produced at the mine include platinum, palladium, rhodium and gold (4E). As of June 2012, the mine holds 1.57 million ounces …

Sibanye-Stillwater to assume full ownership of Kroondal, doubling its life of mine Johannesburg, 31 January 2022: Sibanye-Stillwater (JSE: SSW and NYSE: …

Sibanye-Stillwater is pleased to announce that it has entered into an agreement with Rustenburg Platinum Mines Limited a subsidiary of Anglo American Platinum Limited, through its subsidiary, Sibanye Rustenburg Platinum Mines Limited, which will result in the Rustenburg operation assuming full ownership of the low cost, …

Kroondal Platinum Mine has 48 km of strike and dip conveyor belt systems to facilitate the extraction of ore to surface. Optimum control is enhanced through an integrated underground communication system which incorporates telemetry, leaky feeder and SCADA; this, including the conveyor belt system and other permanent infrastructure, is …

Kroondal Platinum Mine is located in Rustenburg. Kroondal Platinum Mine is working in Mining activities. You can contact the company at 076 431 8407. You can find more information about Kroondal Platinum Mine at aquariusplatinum. Categories: Other mining and quarrying n.e.c., Mining and quarrying.

The Kroondal Chrome Mine is located in close proximity to Rustenburg, a city in South Africa. In terms of production output, the mine is classified as a medium-sized operation. Its mining activities are predominantly carried out underground, utilizing a single known shaft for access. The depth of mining activities extends up to a maximum of 302 ...

Information on acquisition, funding, investors, and executives for Aquarius Platinum (Kroondal Mine in Rustenburg, South Africa). Use the PitchBook Platform to explore the full profile.

Platinum Weekly Newspaper - Sibanye-Stillwater assumes full ownership of Kroondal earlier than expected and concludes 5-year wage agreement - Mining & Industry News - Rustenburg – On Wednesday 1 November 2023, Sibanye-Stillwater announced that the transaction entered into between Rustenburg Platinum Mines Limited (RPM) a …

January 31, 2022. SIBANYE -Stillwater is to take full economic ownership of the Kroondal platinum group metal (PGM) mine in a deal with its joint venture partner Anglo American Platinum (Amplats), the group announced today. Currently, the parties share the proceeds of the Kroondal mine on a 50/50 basis. Today's agreement will cancel the joint ...

The implementation of the transaction is subject to fulfilling three key conditions precedent, including delivering 1.35-million ounces of platinum, palladium, …

Platinum Mile is a tailings retreatment facility located on the Rustenburg lease area adjacent to our Kroondal operations. About us. ... (US$ 292 million). On 29 June 2021, the 8.3% shareholding held by non-controlling shareholders in Platinum Mile was repurchased for a consideration of R128 million, resulting in Sibanye-Stillwater owning …

The wide orebody (>20m thick for the P2 Unit) would enable a mechanised, long-hole, open-stope mining operation. A unique feature of the Platreef mineralisation, is the ratio of platinum:palladium, which is close to 1:1, as well as the high concentration in base metal by-products, with nickel and copper grading 0.24% and 0.13% respectively ...

Platinum Mine (BRPM), Maseve mines and two concentrators. During 2010 the company listed on the Johannesburg Stock Exchange and assumed operational control of the Bafokeng Rasimone Platinum Mine Joint Venture (BRPM JV). The BRPM JV at the time consisted of a 67:33 joint venture between RBPlat and Anglo-American Platinum …

It was in that year that we completed the acquisition of Aquarius Platinum Limited, which included its interests in the Kroondal mine (50%) and the Platinum Mile retreatment facility, both in the Rustenburg area, South Africa, as well as the Mimosa joint venture with Impala Platinum in Zimbabwe. This move into the PGM space was …

Kroondal farm 304 JQ. Platinum mine located 10 km east of Rustenburg, mines the UG2 Reef opencast & underground. Comprises of three decline shafts (1, 4 and 5 shafts) accessing the underground operations, an open-pit operation and a concentrator plant.

The Kroondal mine The transaction entered into between miner Anglo American Platinum (Amplats) subsidiary Rustenburg Platinum Mines (RPM) and dual-listed Sibanye-Stillwater's subsidiary Sibanye ...

The parties have further agreed to waive the last condition precedent for the delivery of the 1.35-million platinum, palladium, rhodium and gold (4E) ounces by the …

Klipfontein open pit operation. The Kroondal operation is subject to a 50/50 pool and share agreement ("Kroondal PSA") between Kroondal Operations Proprietary Limited (a held subsidiary of Sibanye-Stillwater) and RPM ("collectively the PSA Parties"). Sibanye-Stillwater acquired its 50% interest in the Kroondal PSA following

Anglo American Platinum (AAP) confirms the completion of the sale of its 50% interest in the Kroondal Joint Venture (which comprises the Kroondal pool-and …

6. Crocodile River Mine. The Crocodile River Mine is an underground mine situated in North West, South Africa. Owned by Eastern Platinum, the brownfield mine produced an estimated 293.172 thousand ounces of platinum in 2020. 7. Kroondal Mine. Located in North West, South Africa, the Kroondal Mine is owned by Sibanye Stillwater.

Credit: Anglo American Platinum. Anglo American Platinum (Amplats) has agreed to divest a 50% interest in pool-and-share agreements (PSA) related to two South African mines to platinum group metals miner (PGM) Sibanye-Stillwater. Amplats will sell the PSAs of Kroondal and the Marikana operations in Rustenburg, South Africa, to …

The deal announced on Monday will see Amplats dispose of its 50% interest in the Kroondal pool-and-share agreement to Sibanye for just R1. Sibanye-Stillwater has penned a deal to acquire Anglo American Platinum's share in the Kroondal platinum operation - a move that will double the life of the mine. The group announced on Monday …

As at 31 December 2020, Kroondal had Mineral Reserves of 0.7 million 4E ounces (and an inclusive Mineral Resource of 1.30 million 4E ounces). The Mineral Reserve could be …