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R41.14 -2.07%
NYSE:SBSW
US$10.33 -3.10%
GOLD:US$/oz
US$1,815 -0.61%
GOLD:ZAR/kg
R941,244 +0.60%
PLATINUM:US$/oz
US$920 +1.23%
PALLADIUM:US$/oz
US$1,841+1.82%
RHODIUM:US$/oz
US$14,091+0.04%
ZAR:US$
R16.13 +1.20%
Last updated
11:29am on Jun 29, 2022
![Platinum Ingots [icon]](https://www.sibanyestillwater.com/wp-content/uploads/2020/04/icon-pgm-production-1.svg){kind=icon}
52,000oz
![Golden dollars [icon]](https://www.sibanyestillwater.com/wp-content/uploads/2020/04/icon-gold-costs.svg){kind=icon}
US$641/oz
Platinum Mile is a tailings retreatment facility located on the Rustenburg lease area adjacent to our Kroondal operations. The facility recovers PGMs from our Rustenburg operations.
Our 91.7% interest in the facility was acquired in April 2016 through the purchase of Aquarius Platinum for R4.3 billion (US$ 292 million).
In 2021, Platinum Mile increased the volumes recovered to 52,000 4E PGM oz at a reduced all-in sustaining cost of R9,486/oz or US$641/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 impacts to the environmental around our operations.
We are committed to providing a safe, inclusive work environment, where employees are valued.
