JOHANNESBURG (miningweekly.com) – Seven relatively shallow primary adjoining mining projects that focus largely on upper group two (UG2) reef and mainly mechanised mining are at various stages of development within the South African Platinum Group Metals (PGM) portfolio of the Johannesburg Stock Exchange-listed Sibanye-Stillwater.
Demonstrated by Sibanye-Stillwater executive VP head of projects Ralph Lombard was that these projects are higher-margin projects of low capital intensity, with most of them brownfield extensions. (Also watch attached Creamer Media video.)
The seven are the Siphumelele and Thembelani extension reserves projects in Rustenburg, the East 4 reserves project at Marikana, the Kopaneng and Bathopele extension resources projects at Rustenburg, and the East 3 and Saffy extension resources projects at Marikana.
All are envisaged for mechanised mining with the exception of Thembelani and all the projects are on contiguous property that is owned by Sibanye-Stillwater.
Also listed are two secondary mining PGM recovery surface tailings projects as well as two processing projects, one a PMR upgrade project and the other a smelter project to support blend optimisation.
