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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 (Lakeview Avenue) Weltevreden Park
Johannesburg
South Africa
1709

Contacts:

Additional Resources for Suppliers & Investors

Categories

Summary

Mine TypeTailings
StatusActive
Commodities
  • PGM
Mine Life... Lock
SnapshotThe Platinum Mile tailings retreatment facility recovers PGMs from historic Rustenburg TSFs as well as live tailings streams from the Rustenburg concentrator plants.

Owners

SourceSource
CompanyInterestOwnership
Sibanye-Stillwater Ltd. 100 % Indirect
Platinum Mile Resources Pty. Ltd. (operator) 100 % Direct
Sibanye-Stillwater Ltd. owns and manages 100% of the Platinum Mile operation.
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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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

CommodityUnits2024202320222021202020192018
PGM koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2118
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics2024202320222021202020192018
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8,035 kt7,712 kt
Annual milling capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

CommodityUnits2024202320222021202020192018
All-in sustaining costs (AISC) PGM USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 761 / oz **   1,309 / oz **  
All-in costs PGM USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 806 / oz **   1,370 / oz **  
** Net of By-Product.

Mine Financials

Units20242023202220212020201920182017
Growth Capital M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe 13.4   57.1   2.3  
Sustaining costs M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 13.3   9.5   11  
Capital expenditures M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 26.7   66.6   13.3  
Revenue M ZAR  ....  Subscribe  ....  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  ....  Subscribe 42.8   32.6   38.3  
EBITDA M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe 62  

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 5, 2025

Workforce

Aerial view:

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