Overview
| Stage | Production |
| Mine Type | Tailings |
| Commodities |
|
The Platinum Mile project is a tailings retreatment facility (plant) that recovers PGMs from the tailings streams of the Rustenburg Waterval and Retrofit concentrator plants. |
Source:
p. 5
| Company | Interest | Ownership |
|
Sibanye-Stillwater Ltd.
|
91.7 %
|
Indirect
|
|
Platinum Mile Resources Pty. Ltd.
(operator)
|
100 %
|
Direct
|
Sibanye-Stillwater has a 91.7% stake in Platinum Mile.
Summary:
The Platinum Mile project, located adjacent to the Rustenburg operations Paardekraal tailings storage facility (TSF) is a tailings retreatment facility (plant) that recovers PGMs from the tailings streams of the Rustenburg Waterval and Retrofit concentrator plants. As it is a current tailings retreatment operation, no Mineral Resources or Mineral Reserves are declared.
Summary:
Tails from the Waterval TSFs and Waterval UG2 and Retrofit concentrators are retreated at the Platinum Mile plant.
Platinum Mile operations - PGM concentrate will be sold to and processed by the Marikana processing facilities . [2019 Sibanye-Stillwater Form 10-K P.385]
Recoveries & Grades:
| Commodity | Parameter | 2019 | 2018 |
|
PGM
|
Recovery Rate, %
| ......  | ...... |
|
PGM
|
Head Grade, g/t
| 0.73 | 0.63 |
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Production:
| Commodity | Units | 2019 | 2018 |
|
PGM
|
koz
| ......  | 18 |
All production numbers are expressed as metal in concentrate.
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Operational Metrics:
| Metrics | 2019 | 2018 |
|
Tonnes milled
| ...... | 7,712 kt |
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Commodity Production Costs:
| | Commodity | Units | 2019 | 2018 |
|
All-in sustaining costs (AISC)
|
PGM
|
USD
|
...... †
|
1,309 / oz†
|
|
All-in costs
|
PGM
|
USD
|
...... †
|
1,370 / oz†
|
† Net of By-Product.
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Financials:
| | Units | 2019 | 2018 | 2017 |
|
Sustaining costs
|
M ZAR
| ...... | 9.5 | 11 |
|
Capital expenditures
|
M ZAR
| ...... | 66.6 | 13.3 |
|
Revenue
|
M ZAR
| ...... | 196.7 | 194.1 |
|
After-tax Income
|
M ZAR
| ...... | 32.6 | 38.3 |
|
EBITDA
|
M ZAR
| ...... | 42.8 | 51.7 |
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Mine Management:
| Job Title | Name | Profile | Ref. Date |
|
.......................
|
.......................
|
|
Jul 31, 2020
|
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Corporate Filings & Presentations:
| Document | Year |
|
...................................
|
2019
|
|
...................................
|
2019
|
|
...................................
|
2019
|
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Aerial view:
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