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R31.47 -13.78%
NYSE:SBSW
US$8.46 -0.05%
GOLD:US$/oz
US$1,586 -3.55%
GOLD:ZAR/kg
R799,030 -2.29%
PLATINUM:US$/oz
US$865 -4.18%
PALLADIUM:US$/oz
US$2,755-0.75%
RHODIUM:US$/oz
US$12,850-0.77%
ZAR:US$
R15.67 +1.16%
Last updated
7:14pm on Feb 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.