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.
Statistics as at 31 December 2022
Production 4E PGM
48,360oz
All-in sustaining cost
US$662/oz
A 91.7% interest in the facility was acquired in April 2016 through the purchase of Aquarius Platinum for R4.3 billion (US$ 292 million). On 29 June 2021, the 8.3% shareholding held by non-controlling shareholders in Platinum Mile was repurchased for a consideration of R128 million, resulting in Sibanye-Stillwater owning 100% of the operation.