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 2019, Platinum Mile recovered 11,006 4E PGM oz at an all-in sustaining cost of R11,658/oz or US$761/oz.