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South Africa

Styldrift Mine

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Overview

Mine TypeUnderground
StatusActive
Commodities
  • PGM
  • Gold
  • Platinum
  • Palladium
  • Rhodium
Mining Method
  • Bord-and-pillar
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SnapshotStyldrift is one of the biggest mechanized PGM mines in South Africa. It has an average mining depth of 680m and is only mining the Merensky reef.

Styldrift Mine is part of the Impala Bafokeng Operation.

Performance during 2024 lagged expectations, with operating momentum at Styldrift negatively impacted by limited mining flexibility, poor fleet availability and a lengthy safety stoppage following a fatal accident in H1 FY2024.

Owners

SourceSource
CompanyInterestOwnership
Black Economic Empowerment(B-BBEE Commission) 13 % Indirect
Impala Platinum Holdings Ltd. 87 % Indirect
During the 2024 financial year, Implats concluded a broad-based black economic empowerment (B-BBEE) transaction which resulted in an aggregate 13% B-BBEE ownership at Impala Platinum Limited (Impala), which owns the Impala Bafokeng operations, through its wholly owned subsidiary, Impala Bafokeng Resources Proprietary Limited (IBR).

Implats' shareholding decreased to 87% on conclusion of the B-BBEE transaction.

Contractors

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Deposit type

  • Magmatic

Summary:

Impala Bafokeng, previously known as Royal Bafokeng Platinum (RBPlat).

RBPlat is located on the Western Limb of the Bushveld Igneous Complex (BIC), the largest known host of PGMs, chromium and vanadium commodities in the world.

The BIC formed approximately 2.04 billion years ago on the stable geological foundation made up of the Kaapvaal and Zimbabwe cratons in Southern Africa, together with other large mafic and ultramafic layered intrusions. The Bushveld Complex has been mined for several decades for its high-value ore and plays a key role in the South African economy.

The BIC consists of three main geological units, namely the Rooiberg Group, Lebowa Granite Suite and the Rustenburg Layered Suite.

The Rustenburg Layered Suite is host to a variety of sub-suites (upper, main, upper critical, lower critical, lower and marginal zones), which comprises igneous intrusive layering, known as stratigraphy, with each layer having distinct mineralogical and geochemical characteristics.

The western extremity of the Maseve ore body subcrops 160mbs. The northern boundary is the operational Wesizwe Platinum’s mining right area, and the remainder of the ore body borders RBPlat’s operations.

Proximity of the basement (and possibly its palaeotopography) to the Merensky and UG2 reefs influenced the geometry and succession of the local stratigraphy, which primarily resulted from local basement upliftment. Upliftment caused the folded or rolling nature of the stratigraphic geometries which are preserved as anticlines and synclines. The frequency of the rolling towards the west becomes narrower with steeper dips resulting in some of the stratigraphic units not fully developed or not present. Ductile deformation due to basement upliftment was interpreted to be the major cause of vertical displacement within the ore body.

Prominent geological structures within the Maseve ore body are iron-rich ultramafic pegmatoid (IRUP) intrusions (which mainly affect the Merensky reef), the east-west trending Chaneng dyke, and the North and South UG2 faults.

The Transition Zone has been delineated between the Central reef facies and Normal reef facies, where the reef and surrounding lithologies settle between the two facies types and are characterised by a thickening of the footwall, anorthosite, from approximately 1.5m to 5m. This thickening is not consistent or gradual and is characteristic of frequent undulations of the Merensky reef.

PGE mineralisation occurs within the Upper Critical Zone along two specific layers, the Merensky reef and the Upper Group 2 reef (UG2 reef). RBPlat’s operations mine the Merensky and UG2 reef layers.

Two well understood geological structures are present within the RBPlat mining rights, namely the Elands River graben, situated north of Styldrift, just south of the Caldera fault, and the Boundary fault, situated to the east of Styldrift I shaft:

- The Elands River graben is a series of faults with sinistral deformation, striking ENE-WSW, resulting in a graben structure.
- The Boundary fault is a dextral strike slip fault, striking NNW-SSE with horizontal displacement of 100m.

Both structures are accounted for in the known geological losses which are used in the Mineral Resources and Reserves evaluation.

Regional variations in the geological characteristics of the Merensky and UG2 reefs are fundamental to understanding the nature, origin and economical extraction of the reef. The Rustenburg layered suite is divided into two regional facies, namely the Rustenburg facies to the south and the Swartklip facies to the north of the Pilanesberg Alkaline Complex. The transition of the Rustenburg facies to the Swartklip facies occurs on the Styldrift 90 JQ farm.

This distinction was made on several grounds, including the greatly reduced stratigraphic sequence between the UG2 reef and the Merensky reef, the mineralised envelope, mainly for the Merensky reef, across these two regional facies and the presence of olivine-bearing layers in the Swartklip facies. RBPlat’s mining rights fall within these two regional facies, which are then further subdivided per reef type into localised facies based on specific geological features and attributes such as lithology, thickness, mineralisation profile and bottom reef contact.

The Merensky reef at RBPlat operations encompasses six localised geological facies types. Named from west to east: Abutment, Terrace, Central, Normal, Normal Thick and Main reef facies. Specific facies can be further subdivided, i.e. Abutment has shallow Abutment, deep Abutment and transition Abutment. The understanding of the local facies delineation plays a fundamental role in planning the optimised mining method.

The UG2 reef has three distinct facies types, with emphasis of character based on position of the leading chromitite bands in the hangingwall in relation to the UG2 main chromitite band. Named from south to north along apparent dip: Central High, Leader and General facies types predominant facies types are the Leader and General facies, which account for 85% of the total UG2 reef ore body.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

On 21 July, 2023, Implats acquired Styldrift mine. New owner reports for period that ends 30th June.

Due to the transfer ownership, the operating results for the year 2023 have been indicated for the 12 months ended 30 June 2023.

All production numbers before 2022 (including) are according to the report period that ends December 31th.
CommodityUnits2024202320222021202020192018201720162015
6E (Pt,Pd,Rh,Au,Ir,Ru) koz  ....  Subscribe  ....  Subscribe
4E (Pt, Pd, Rh, Au) koz  ....  Subscribe  ....  Subscribe  ....  Subscribe16010245296
Platinum koz  ....  Subscribe  ....  Subscribe1056629194
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics2024202320222021202020192018201720162015
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1,625 kt1,121 kt572 kt414 kt72 kt
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1,600 kt1,127 kt561 kt410 kt75 kt

Production Costs

CommodityUnits202420232022202120202019
Cash costs 6E (Pt,Pd,Rh,Au,Ir,Ru) ZAR  ....  Subscribe  ....  Subscribe
Cash costs 4E (Pt, Pd, Rh, Au) ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe 16,504 / oz  
Cash costs Platinum ZAR 25,242 / oz  

Operating Costs

Currency2022202120202019
Total operating costs ($/t milled) ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Financials

Units20242023202220212020201920182017
Capital expenditures M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 125   100   11  
Revenue M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe 2,973  
Gross profit M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe -279   -14.7   -8.4  
Pre-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe -273.8   -35.6   -7.2  
Operating Cash Flow M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 21, 2024
....................... Subscription required ....................... Subscription required Subscription required Sep 21, 2024
....................... Subscription required ....................... Subscription required Subscription required Sep 21, 2024

EmployeesContractorsTotal WorkforceYear
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required ...... Subscription required ...... Subscription required 2019
...... Subscription required ...... Subscription required ...... Subscription required 2018
...... Subscription required ...... Subscription required ...... Subscription required 2017
...... Subscription required ...... Subscription required ...... Subscription required 2016
...... Subscription required ...... Subscription required ...... Subscription required 2015

Aerial view:

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