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South Africa

Platinum Mile Mine

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Australia

Platinum Mile Mine

Location: 5 km E from Rustenburg, South Africa

Address:

Constantia Office Park Cnr 14th Avenue & Hendrik Potgieter Road Bridgeview House Ground floor
Weltevreden Park
South Africa
1709

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeTailings
StatusActive
Commodities
  • PGM
Mine Life... Lock
SnapshotThe Platinum Mile project is a tailings retreatment facility (plant) that recovers PGMs from the tailings streams of the Rustenburg Waterval and Retrofit concentrator plants.
Related AssetRustenburg Operation

Owners

SourceSource
CompanyInterestOwnership
Sibanye-Stillwater Ltd. 100 % Indirect
Platinum Mile Resources Pty. Ltd. (operator) 100 % Direct
SourceSource

Deposit type

  • Tailings

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.

Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits202320222021202020192018
PGM koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2118
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics202320222021202020192018
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8,035 kt7,712 kt
Annual milling capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

CommodityUnits202320222021202020192018
All-in sustaining costs (AISC) PGM USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 761 / oz **   1,309 / oz **  
All-in costs PGM USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 806 / oz **   1,370 / oz **  
** Net of By-Product.

Financials

Units2023202220212020201920182017
Sustaining costs M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 13.3   9.5   11  
Growth Capital M ZAR  ....  Subscribe  ....  Subscribe 13.4   57.1   2.3  
Capital expenditures M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 26.7   66.6   13.3  
Revenue M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 300.6   196.7   194.1  
Pre-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe 59  
After-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 42.8   32.6   38.3  
EBITDA M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe 62  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 9, 2024

Aerial view:

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