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South Africa
Platinum Mile Mine

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 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
Phone  ...  Subscription required
Fax+27-11-278-9863
WebsiteWeb
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  • Overview
  • Owners
  • Geology
  • Processing
  • Production
  • Costs & Financials
  • Personnel
  • Filings & News
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Overview

StageProduction
Mine TypeTailings
Commodities
  • PGM
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.

Owners

Source: p. 7
CompanyInterestOwnership
Sibanye-Stillwater Ltd. 91.7 % Indirect
Platinum Mile Resources Pty. Ltd. (operator) 100 % Direct
Ownership Tree
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

Summary:

Crushing and Grinding

Processing

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 .

Recoveries & Grades:

CommodityParameter202020192018
PGM Recovery Rate, %  ......  Subscription required  ......  Subscription required11.2
PGM Head Grade, g/t  ......  Subscription required  ......  Subscription required0.63

Production:
From 17 April 2020, management commenced implementing its strategy to mobilise the required employee complement to safely ramp up production at our South African operations to the initial restricted 50%. At 30 June 2020 the SA Gold and SA PGM operations were at a production capacity of 86% and 73%, respectively.

CommodityUnits202020192018
PGM koz  ......  Subscription required  ......  Subscription required18
All production numbers are expressed as metal in concentrate.
Subscription required - Subscription is required.

Operational Metrics:

Metrics202020192018
Tonnes milled  ......  Subscription required8,035 kt7,712 kt
Annual processing capacity  ......  Subscription required
Annual milling rate  ......  Subscription required
Subscription required - Subscription is required.

Reserves at :

Commodity Production Costs:

CommodityUnits202020192018
All-in sustaining costs (AISC) PGM USD  ......  Subscription required†  ......  Subscription required† 1,309 / oz†
All-in costs PGM USD  ......  Subscription required†  ......  Subscription required† 1,370 / oz†
† Net of By-Product.
Subscription required - Subscription is required.

Financials:

Units2020201920182017
Growth Capital M ZAR  ......  Subscription required  ......  Subscription required57.1   2.3  
Sustaining costs M ZAR  ......  Subscription required  ......  Subscription required9.5   11  
Capital expenditures M ZAR  ......  Subscription required  ......  Subscription required66.6   13.3  
Revenue M ZAR  ......  Subscription required  ......  Subscription required196.7   194.1  
After-tax Income M ZAR  ......  Subscription required  ......  Subscription required32.6   38.3  
Subscription required - Subscription is required

Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 12, 2021
Subscription required - Subscription is required.

Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
................................... Subscription required 2019
Subscription required - Subscription is required.

Aerial view:

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