Platinum mining is a big business, particularly in South Africa. In fact, South Africa is the largest producer of platinum in the world, accounting for 80% of the world's supply. At Scribante Group, we've assisted on numerous platinum mining projects in South Africa. Let's look at the country's production in more detail to understand why this is such a high-value industry.
Based in South Africa, our Platinum business is the world's leading major producer of platinum. We produce around 37% of the world's newly mined production of this precious metal. We mine, process and refine the entire range of platinum group metals (PGMs), which are platinum, palladium, rhodium, ruthenium, iridium and osmium.
The road ahead is paved with green lower carbon PGMS for the Pilanesberg Platinum Mine (PPM). Now in its 12 th year of operation as a financially profitable open pit mine, it is evolving with the exciting Triple Crown expansion into contiguous deposits of Sedibelo Central, Magazynskraal and Kruidfontein with an estimated resource base in excess of 60 million 4PGE ounces.
South Africa is home to 80% of the world's known platinum reserves, and produces about 70% of the world's supply. Platinum prices have been flat since 2009 or so, due to weak demand for catalytic converters, the primary use of platinum in industry. Meanwhile, other costs have risen, putting pressure on the mining industry. In 2013, roughly half of South Africa mining shafts operated at a net loss.
The Impala platinum mine is located in the North West province of South Africa, approximately 25km north-west of Rustenburg and 140km west of Pretoria. The project is a 10-shaft mining complex covering a total area of approximately 250km 2. The Impala platinum mine exploits the Merensky and UG2 Reefs of the Bushveld Igneous Complex.
According to S & P Statistics, there are 154 platinum mine projects in South Africa and 69 active mine projects, accounting for 44. 8% of the total number of mines. In which, 69 of platinum mining are a domestic corporation. Major platinum metalmines in South Africa
The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so ...
Platinum is produced in five countries in the world. Of these, South Africa is by far the largest producer, accounting for over 75% of global output in 2008, reports Creamer Media's Research ...
Environmental pressure from mining activities such as those from the platinum sector occurs through the fine-grounded slurry from the processing plants, with its associated extracting chemicals that reach the tailings disposal facility (TDF). It is important that the effects of these activities on the environment are examined, especially in South Africa where there is a general paucity on data ...
But South Africa's platinum mining industry has also attracted attention for all the wrong reasons. The tragic events that unfolded between 11th and 16th August 2012 at Anglo Platinum's Lonmin Mine in Marikana in the North West Province resulted in the deaths of 44 people, 34 of whom were protesting miners gunned down by the South African ...
Marula Platinum Pty. Ltd. was founded back then in year 19909, and it is another mining firm in South Africa that mines platinum ore (as well as related metal ore) ADDRESS: 2 Fricker Road Illovo Northlands, 2196 South Africa. Mogalakwena Mine – North Concentrator; A Metal processing firm in South Africa that deals with platinum. Address ...
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 …
Marula Platinum Pty. Ltd. was founded back then in year 19909, and it is another mining firm in South Africa that mines platinum ore (as well as related metal ore) ADDRESS: 2 Fricker Road Illovo Northlands, 2196 South Africa
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 …
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.
Platinum giant South Africa forced to look into abyss. Impala Platinum mine and processing plant at Rustenberg in South Africa in March and April 2009. South Africa…
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 in the Mpumalanga Province at Booysendal.
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. Although a number of junior miners are involved in the sector, it is ...
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.
90 28 mining companies mining platinum in South Africa Two vast mineral deposits in the …
In many ways, South Africa's political, social and economic landscape has been dominated by mining, given that, for so many years, the sector has been the mainstay of the South African economy. Although gold, diamonds, platinum and coal are the most well-known among the minerals and metals mined, South Africa also hosts chrome, vanadium ...
Modern Platinum Mining Techniques. Most of the mining for platinum ore occurs deep underground. To extract the mineral-rich materials, miners pack explosives into holes drilled in the rock and blast it into smaller pieces. The broken rock is then collected and transported to the surface for processing. Platinum production in South Africa.
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).
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 …
South Africa seeks over US$27 billion of finance for shift from coal The African Mining Market offers insights into key market and commodity trends, in-depth analysis of resources and prospects and licensing and policy decisions affecting the mining industry in Africa.
South Africa produces c.4.5moz of the c.6.1moz of global production (JM). The market is of the view that there is an increasing risk of a decline in supply from South African PGM mines as shafts/mines are reaching the end of their life and/or have become economically unviable.
The platinum sector has the highest number of employees in South Africa's mining industry, employing nearly twice the number of gold mining and coal mining employees. Coal mining in South Africa
A history of mining in South Africa. ining in South Africa has been a contentious issue since 15-year-old Erasmus Stephanus Jacobs discovered South Africa's first diamond, the Eureka, in Hopetown in 1867. It kickstarted what historians call the Mineral Revolution, which made few European opportunists wealthy beyond measure, and saw hundreds ...
company, Potgietersrust Platinum Ltd,startedproduc-tionfromtheMerenskyReef. Production hascontinuedeversince,andtodaythree large-scalemining concerns areengaged inwinning platinumfromtheBushveldComplex.TheseareJ.C.L's Rustenburg Platinum Mines Ltd, Gencor's Impala Platinum Ltd,andLonrho's WesternPlatinum Ltd. Hy19:1':l ...
Platinum and palladium. South Africa produces more platinum and similar metals than any other nation. In 2005, 78% of the world's platinum was produced in South Africa, along with 39% of the world's palladium. Over 163,000 kilograms (5,200,000 ozt) of platinum was produced in 2010, generating export revenues of US$3.82 billion.