platinum mining in south africa

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The future of the platinum industry and its implications …

In South Africa, ''approximately 59% of the industry is either marginal or loss-making'', as it is difficult to keep marginal production costs below $1,600/oz. The platinum price is currently around $1,460/oz, with a 200-day moving average of roughly $1,430.

platinum mining in south africa

Platinum mining in South Africa is supported by the country possessing over 80% of the world''s platinum group metal reserves. Platmin Platinum Mine, Pilanesberg, South Africa - Mining … Pilanesberg Platinum Mines (Pty) Ltd, a wholly owned subsidiary of Boynton Investments (Pty) Ltd, was granted a mining right over four properties in the …

Platinum and Gold Mining in South Africa: The Context …

Mining is a source of extraordinary wealth, but its benefits often do not accrue to the workers and communities most involved. This paper presents two case studies of mining in South Africa to reflect on the history and legacy of mining both through observation and ...

South Africa Precious Metals and Minerals Mining Market …

 · The "Mining of Precious Metals and Minerals: Gold and Uranium, Platinum and Diamonds in South Africa 2020" report has been added to ResearchAndMarkets ''s offering.This report focuses on …

Platinum

 · Address: Platinum House, 24 Sturdee Ave, Rosebank, Johannesburg, 2196. Modikwa Platinum Mine. This platinum mine can be found between the Mpumalanga and Limpopo provinces, and it is one of the most popular mines in the country. Address: Modikwa platinum mine, …

World''s top five producers of platinum group metals …

 · South Africa is the world''s largest producer of platinum, processing 110mt in 2018. The country''s reserves of platinum group metals (PGMs) stands at 63,000mt. Owing to various factors such as job losses and mine-shaft closures, the country witnessed a sharp fall in production last year compared to the 143mt recovered in 2017.

South Africa''s Mining Industry

The mining and quarrying industry declined by -10.8% quarter on quarter seasonally adjusted and annualised based on the latest GDP numbers released by Statistics South Africa (Stats SA) for Q1:2019. Decreases in production was recorded for Iron Ore and Coal ...

platinum mining South Africa | Mining News

South African precious metals mining firms Sibanye Gold and Northam Platinum are among a group of about 10 companies interested in Anglo American Platinum''s (Amplats) Union mine in South Africa, according to reports. Anglo American is seeking...

Platinum and Gold Mining in South Africa | Semantic …

 · Mining is a source of extraordinary wealth, but its benefits often do not accrue to the workers and communities most involved. This paper presents two case studies of mining in South Africa to reflect on the history and legacy of mining both through observation and through the voices of affected communities. Interviews and observations on field visits to the platinum and gold mining areas of ...

Platinum giant South Africa forced to look into abyss

South Africa''s gold industry has been dying slowly for years. As the coronavirus undercuts the already fragile case for investment, its platinum mines may be next. Beset by power and water ...

South Africa accepts Lesego Platinum''s mining right …

Lesego Platinum holds the prospective rights of the project. It was submitted over various portions of the farms Amatava 41 KS, Bloemhof 4 KS, Piet Potgietersrust Town, Townlands 44 KS and Uitloop 3 KS located in the Mogalakwena local and Waterberg district municipalities of the Limpopo province in South Africa.

South Africa girding for another platinum strike

South Africa and Russia combined account for close to 80% of global supply of palladium and 70% of platinum output which are mainly used to clean emissions in automobiles.

Mining and minerals in South Africa

South Africa has abundant mineral resources, accounting for a significant proportion of world mining and reserves, including gold, platinum and manganese. South Africa is a world leader in mining. The country is famous for its abundance of mineral resources ...

The Biggest Platinum Metal Producers

 · The company extracts precious and platinum group metals as by-products from its mines on the Taimyr and Kola Peninsulas (both in Russia) as well as from mines in Botswana and South Africa. Norilsk, Russia''s largest mining company, also extracts and refines cobalt, silver, gold, tellurium, and selenium as by-products.

Platinum and Gold Mining in South Africa: The Context …

 · Mining is a source of extraordinary wealth, but its benefits often do not accrue to the workers and communities most involved. This paper presents two case studies of mining in South Africa to reflect on the history and legacy of mining both through observation and through the voices of …

Mining industry of South Africa

 · Aquarius Platinum is a Bermuda-registered and headquartered mining company that has its mining operations mainly in South Africa and Zimbabwe. Its platinum production is around 418,000 ounces of platinum per year from four of its mines, including Kroondal Mine, Marikana Mine, Everest Mine, all in South Africa, and Mimosa mine in Zimbabwe.

Northam Platinum Limited

Operational Regions: Headquartered in South Africa, Northam Platinum Limited has operations across South Africa in the Mpumalanga and Limpopo Provinces. History The two primary Northam Platinum mines are located in the Limpopo Province at Zondereinde, and …

Platinum Mining in South Africa I Projects IQ

28 mining companies mining platinum in South Africa Two vast mineral deposits in the north of South Africa, known as the Bushveld Igneous Complex, have supplied over 75% of the world''s platinum. The three largest ore bodies in this complex are the Merensky Reef, the …

Mining of Platinum in South Africa :: South Africa

The South African platinum mining sector is one of the largest components of the country''s mining industry in terms of both employment and export earnings. It exported 136t of platinum worth US$4.4bn during 2015 and is a significant contributor to the South African economy.

Impala Platinum Mine, Bushveld Complex, South Africa

The Impala platinum mine, located on the western limb of the world-renowned Bushveld Complex in South Africa, has been operational since 1969. Impala Platinum Holdings (IMPLATS) holds a 96% ownership in the mining operation through its subsidiary Impala Refining Services (IRS) while the remaining 4% is held under an Employee Share Ownership Trust.

Mining – Anglo American Platinum

Platinum Management Committee (PMC) Mining PlatAfrica 2020 Process FILTER BY CATEGORIES Close Dishaba Mine, South Africa Anglo American Platinum Dishaba Mine, South Africa ...

Marikana Platinum Mine, Rustenburg, South Africa

 · Marikana Platinum Mine, Rustenburg, South Africa Marikana is located near Rustenburg, about 112km from Johannesburg in South Africa. It is a producer of platinum group minerals (PGMs) and covers an area of 33km2. The mine was commissioned at the end of

Platinum seen contributing as much to South Africa''s …

With the too-high economic cost of a lost opportunity looming, immediate measures are required to assist the platinum group metals mining sector to improve its viability and preserve employment. This is the intent behind the industry''s new South African National Platinum Strategy, with its most optimistic scenario the creation of more than one-million jobs and a contribution of R8.2-trillion ...

Platinum Mining in South Africa

Platinum Mining in South Africa. Platinum mining in South Africa, or mining for Platinum Group Metals (PGM), is widespread on the African continent, and South Africa holds over 80% of the world''s reserves. For investors interested in the PGM sector in Africa, …

Mining Review Africa

Platinum Group Metals reports that the Department of Mineral Resources and Energy (DMRE) of South Africa has notified the Company in writing that the Waterberg JV Resources Mining Right for the Waterberg Project has been granted. The Waterberg Project is ...

How Is Platinum Mined History Techniques and Photos

Platinum is mainly mined in Russia, North America and Botswana, with 80% of the world''s supply produced by South Africa, according to the British Geological Survey. There are six metallic elements called the Platinum Group Metals (pgm) which are platinum, …

Mines

Get instant access to the best mines - platinum in South Africa. Local and reliable products and services. 85 Protea Rd Protea Rd on 2146 Gauteng South Africa-26.11104

List of PLATINUM mining companies.

List of PLATINUM mining companies with access to company profiles, projects, resources and reserves and technical analysis. Company name Status Symbol Shares (000) Share price Reserves Total Resource Market Cap (US$) Local US$ Total Market Cap/oz oz/ Share

South Africa accepts Lesego Platinum''s mining right …

South Africa accepts Lesego Platinum''s mining right application. 2 September 2019 (Last Updated September 2nd, 2019 09:26) The South African Department of Mineral Resources (DMR) has accepted a mining right application submitted by Lesego Platinum Uitloop, a subsidiary of URU Metals. The South African Department of Mineral Resources (DMR) has ...

Platinum Mining in South Africa I Projects IQ

90  · Where is platinum mined in South Africa? Platinum is mined across the Bushveld Igneous …

Platinum Production Cost

For example, the recent socio-political shifts in South Africa have increased the production costs. As of September 2018, they are about $1,100 per ounce in South Africa, the main producer of platinum (producers in South Africa account for about 70 percent of the world''s mined platinum).