Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
- PGM
- Gold
- Platinum
- Palladium
- Rhodium
- Iridium
- Ruthenium
- Nickel
- Copper
|
Mining Method |
|
Processing |
- Flotation
- Leaching plant / circuit
- Magnetic separation
- Solvent Extraction & Electrowinning
|
Mine Life | 21 years (as of Jan 1, 2019) |
Mogalakwena is the world’s biggest open pit platinum mine. |
Source:
p. 9, 74
Company operates three mining complexes in South Africa’s Bushveld complex: Mogalakwena, Amandelbult and Mototolo.
Source:
p.19, 39
Summary:
The mine exploits the Platreef, the primary PGM-bearing horizon developed in the Northern Limb of the Bushveld Complex. The reef averages 150m in thickness, with a prominently top- loaded grade profile, hosting optimal Mineralisation in the upper 30m to 40m of the reef package.
The Platreef is developed in the Northern Limb of the Bushveld Complex and can be described as a multiple-pulse mafic magmatic horizon, dominantly pyroxenitic in composition. It averages 150m in thickness, with a prominently top-loaded grade profile, where the optimal Mineralisation is located in the upper 30m to 40m of the package and strikes ~north-south, dipping at an average of 40° to 50° to the west.
In comparison to the Merensky and UG2 reefs, the Platreef is a far thicker and more variable orebody, typified by extensive contact with metasedimentary and granitic floor rocks and assimilation of footwall fragments. The variability of lithology and thickness along strike is attributed to underlying structures and assimilation of local country rocks. This assimilation ranges from shales and banded ironstones in the south, through to dolomites in the centre of the mining area, to granites in the northern portion of the property.
Carbonate floor rocks incorporated into the basal Platreef have been altered to mineralised parapyroxenites and calc-silicates formed during extensive syn-magmatic interaction with high-Mg silicate melts. Towards the north, where the Platreef country rock is Archaean basement granite, partial melting of this protolith has resulted in the formation of a metamorphic rock referred to as a Granofels. The Granofels is present in a prominent interaction zone developed between the base of the Platreef and the underlying basement granite. As a result, the Mineralised horizon defined for the Platreef orebody often incorporates significant portions of the immediate footwall.
At Mogalakwena Mine, the Platreef is structurally affected by dolerite dykes and several predominantly lateral fault systems orientated in a north-east/south-west direction. Zones adjacent to major fault systems constitute areas of no Mineralisation and are discounted as geological losses. The fault systems display normal to reverse fault displacements ranging between 50m and 600m, with up-thrown blocks proving favourable to mine design. The Platreef hosts significant dolomite inclusions in the southern region of the mining area and these also constitute geological loss zones.
Source:
p.40
Summary:
MINING METHOD.
Mining of the orebody is by open pit methods (truck-and-shovel).
OPERATIONAL INFRASTRUCTURE.
Current mining areas comprises five open pits: Sandsloot, Zwartfontein, Mogalakwena South, North and Central. Pit depths vary from 45m to 245m. Ore is milled on-mine at the North and South concentrators as well as at the Baobab concentrator.
Source:
p.4
Processing
- Flotation
- Leaching plant / circuit
- Magnetic separation
- Solvent Extraction & Electrowinning
Flow Sheet:
Summary:
CRUSHING AND MILLING.
Ore is reduced in size with the aid of crushing and milling. Water is added to produce a pumpable slurry.
FLOTATION.
The separation of the valuable content from the ore takes place in flotation cells where reagents are added to an aerated slurry to produce high-grade PGMbearing concentrate.
SMELTING.
Use of electric furnaces to smelt concentrate to produce a sulfur-rich matte with gangue impurities removed as slag.
SLAG CLEANING.
Converter slag is reduced in an electric furnace to recover PGMs and base metals for recycling back to the converter.
CONVERTING.
Oxygen-enriched air is blown through a topsubmerged lance converter to oxidise sulfur and iron contained in furnace matte to SO2 gas and slag respectively. The resulting converter matte is slow-cooled to concentrate PGMs into a metallic fraction.
MAGNETIC CONCENTRATION PLANT (MCP).
Crushed converter matte is milled and the PGM fraction is separated magnetically. This is pressure leached to yield a solid final concentrate that is sent to PMR. Base metal-rich non-magnetic solids and leach solution are processed further in the base metal refinery.
ACID PLANT.
The SO2 gas is converted to SO3 by passing it over catalytic beds and the subsequent addition of water produces 98% sulfuric acid which is sold to fertiliser manufacturers.
LEACHING.
Base metal-rich solids are leached in high-pressure autoclaves and contacted with MCP leach solution to yield separate nickel and copper streams.
PURIFICATION.
The separate nickel and copper streams are purified. During this process cobalt sulfate is recovered.
ELECTRO-WINNING.
Nickel and copper metal cathodes are produced by passing electrical current through the separate purified stream.
CRYSTALLISATION.
Excess sulfur in solution is neutralised with sodium hydroxide and crystallised to form a sodium sulfate product.
PGM REFINING.
Final concentrate is dissolved using hydrochloric acid and chlorine gas. PGMs are sequentially separated and purified to yield platinum, palladium, iridium, rhodium, ruthenium and gold. Osmium is precipitated as a salt.
Production:
Commodity | Units | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
PGM
|
koz
| 1,211 ^ | 1,215 | 1,170 | 1,098 | 980 | 936 |
Gold
|
koz
| | 62 | 58 | 58 | 53 | 50 |
Platinum
|
koz
| | 518 | 495 | 464 | 412 | 392 |
Palladium
|
koz
| | 558 | 541 | 509 | 452 | 430 |
Rhodium
|
koz
| | 37 | 36 | 32 | 30 | 29 |
Iridium
|
koz
| | 8.3 | 7.9 | 6.8 | 6.8 | 6.6 |
Ruthenium
|
koz
| | 33 | 32 | 29 | 27 | 27 |
Nickel
|
kt
| | 16 | 16 | 16 | 17 | 17 |
Copper
|
kt
| | 10 | 10 | 10 | 11 | 11 |
All production numbers are expressed as metal in concentrate.
^ Guidance / Forecast.
Operational Metrics:
Metrics | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
Total tonnes mined
| 81,315 kt | 89,062 kt | 88,328 kt | 96,374 kt | 92,406 kt | 95,594 kt |
Waste
| 67,033 kt | 71,002 kt | 68,639 kt | 77,617 kt | 77,029 kt | 79,842 kt |
Tonnes milled
| 13,710 kt | 13,775 kt | 13,622 kt | 12,623 kt | 11,725 kt | 11,731 kt |
Stripping / waste ratio
| 4.7 | 3.9 | 3.5 | 4.1 | 5 | 5.1 |
Reserves at December 31, 2019:
Category | OreType | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
Stockpiles
|
20 Mt
|
4E (Pt, Pd, Rh, Au)
|
2.54 g/t
|
1.6 M oz
|
Proven
|
In-Situ (OP)
|
767.3 Mt
|
4E (Pt, Pd, Rh, Au)
|
2.96 g/t
|
73 M oz
|
Probable
|
Stockpiles
|
40.9 Mt
|
4E (Pt, Pd, Rh, Au)
|
1.47 g/t
|
1.9 M oz
|
Probable
|
In-Situ (OP)
|
428 Mt
|
4E (Pt, Pd, Rh, Au)
|
3.07 g/t
|
42.2 M oz
|
Proven & Probable
|
Stockpiles
|
60.8 Mt
|
4E (Pt, Pd, Rh, Au)
|
1.82 g/t
|
3.6 M oz
|
Proven & Probable
|
In-Situ (OP)
|
1,195 Mt
|
4E (Pt, Pd, Rh, Au)
|
3 g/t
|
115.3 M oz
|
Measured & Indicated
|
Stockpiles
|
67.5 Mt
|
4E (Pt, Pd, Rh, Au)
|
1.83 g/t
|
4 M oz
|
Measured & Indicated
|
In-Situ (OP)
|
2,830 Mt
|
4E (Pt, Pd, Rh, Au)
|
2.62 g/t
|
238.7 M oz
|
Inferred
|
In-Situ (OP)
|
596 Mt
|
4E (Pt, Pd, Rh, Au)
|
1.76 g/t
|
33.8 M oz
|
Total Resource
|
Stockpiles
|
67.5 Mt
|
4E (Pt, Pd, Rh, Au)
|
1.83 g/t
|
4 M oz
|
Total Resource
|
In-Situ (OP)
|
3,426 Mt
|
4E (Pt, Pd, Rh, Au)
|
2.47 g/t
|
272.4 M oz
|
Commodity Production Costs:
| Commodity | Units | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
Cash costs
|
PGM
|
USD
|
564 / oz
|
592 / oz
|
498 / oz
|
528 / oz
|
574 / oz
|
742 / oz
|
Cash costs
|
Platinum
|
USD
|
1,325 / oz
|
1,398 / oz
|
1,179 / oz
|
1,257 / oz
|
1,369 / oz
|
1,742 / oz
|
All-in sustaining costs (sold)
|
Platinum
|
USD
|
-429 / oz†
|
286 / oz†
|
340 / oz†
|
498 / oz†
|
269 / oz†
|
607 / oz†
|
† Net of By-Product.
Operating Costs:
| Units | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
Total operating costs ($/t milled)
|
ZAR
| 496 | 456 | 351 | 428 | 409 | 437 |
Financials:
| Units | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
Capital expenditures
|
M ZAR
| 3,695 | 2,787 | 2,012 | 2,300 |
1,900
|
|
Revenue
|
M ZAR
| 25,845 | 18,106 | 16,118 | 14,227 |
13,864
|
13,779
|
EBIT
|
M ZAR
| 12,466 | 6,325 | 5,969 | 3,959 |
4,615
|
4,050
|
EBITDA
|
M ZAR
| 14,375 | 8,249 | 7,700 | 5,781 |
6,210
|
5,505
|
Operating Cash Flow
|
M ZAR
| 9,935 | 4,039 | 3,977 | 3,158 |
4,373
|
3,444
|
Mine Management:
Job Title | Name | Profile | Ref. Date |
Mining Manager
|
Hendrik van Niekerk
|
|
Aug 12, 2020
|
Mining Section Manager
|
Justin Winnan
|
|
Aug 12, 2020
|
Production Manager
|
Judd Barlow
|
|
Aug 12, 2020
|
Sr. General Manager
|
Richard Allen Cox
|
|
Aug 12, 2020
|
Staff:
Employees | Contractors | Total Workforce | Year |
1,936
|
272
|
2,208
|
2019
|
1,886
|
282
|
2,162
|
2018
|
1,854
|
412
|
2,266
|
2017
|
1,828
|
424
|
2,252
|
2016
|
1,770
|
557
|
2,328
|
2015
|
Corporate Filings & Presentations: