9:19am on May 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 2019, Platinum Mile recovered 11,006 4E PGM oz at an all-in sustaining cost of R11,658/oz or US$761/oz.
Our South African operations mine from both the UG2 and the Merensky reefs of the Bushveld complex.
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.