JSE: SGL
R36.42 -3.34%
NYSE: SBGL
US$9.87 +0.01%
GOLD: US$/oz
US$1,570 -0.75%
GOLD: ZAR/kg
R737,464 -0.68%
PLATINUM: US$/oz
US$988 +0.36%
PALLADIUM: US$/oz
US$2,455-0.75%
ZAR: US$
R14.61 +0.06%
Last updated
6:19pm on Jan 28, 2020
Platinum Mile is a tailings retreatment facility located on the Rustenburg lease area adjacent to our Kroondal operations. The facility recovers PGMs from our Rustenburg operations.
We hold a 91% interest in the facility acquired on 12 April 2016 on the closing of our R4.3 billion (US$ 292 million) all-cash offer for Aquarius Platinum.
In 2018, we recovered at Platinum Mile 17,578 4E PGM oz at an all-in sustaining cost of R9,849/oz or US$655/oz.
Our South African operations mine from both the UG2 and the Merensky reefs of the Bushveld complex.
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We work to avoid, minimise and mitigate any negative environmental impacts where we operate.
We are committed to providing a safe, inclusive work environment, where employees are valued.