Platinum Mining in South Africa

Platinum Mining in South Africa

South Africa is the #1 producer of platinum in the world. Platinum mining in South Africa accounts for approximately 80% of the world’s platinum, and about 40% of the world’s gross palladium production.
 

Platinum Mining in South Africa – Key Facts:

  • 89 platinum mining projects in South Africa
  • 259 tons of platinum produced in 2018
  • Generates ZAR 96 billion in revenue
  • 28 operational PGM mines
  • 31 projects in development
  • 28 mining companies mining platinum in South Africa

Two vast mineral deposits in the north of South Africa, known as the Bushveld Igneous Complex, have supplied over 75% of the world’s platinum. The three largest ore bodies in this complex are the Merensky Reef, the UG2 Chromitite Reef and the Platreef.
 

Jump to:

Layers of chromitite and anorthosite in the Limpopo Province, part of the Bushveld Igneous Complex.
Layers of chromitite and anorthosite in the Limpopo Province, part of the Bushveld Igneous Complex.

Importance of platinum mining in South Africa

Between 1980 and 2015, SA produced 221-million ounces of PGMs, valued at R1.2-trillion.

South Africa’s platinum reserves could enable the country to regain its position as the undisputed leading mining country in Africa. Platinum and other PGM metals could become the dominant feature of South African mining in the next century. These metals have the potential to add as much value to investment, exports and gross domestic product as the gold mining sector did in the twentieth century.

The new South African National Platinum Strategy plans to create of more than one-million jobs and a contribution of R8.2-trillion to South Africa’s economy by 2050.

Where is platinum mined in South Africa?

Platinum is mined across the Bushveld Igneous Complex, in northern South Africa. These deposits were discovered by geologist Hans Merensky in 1924.

Comprised of the Rustenburg Layered Suite, the Lebowa Granites and the Rooiberg Felsics, this large mineral body is estimated to hold over half of the world’s platinum reserves.

The geographic breakdown of platinum mines in each province is:

  • Free State: 1 mine
  • Gauteng: 4 mines
  • Limpopo: 35 mines
  • Mpumalanga: 13 mines
  • Northwest: 31 mines

List of platinum mines in South Africa

Project Name Phase Status
AKANANI PLATINUM PROJECT Pre-Feasibility On-Hold
BAFOKENG RASIMONE PLATINUM MINE(BRPM) SHAFT EXTENSION Active Ongoing
BAKUBUNG PLATINUM MINING PROJECT Active Ongoing
BAUBA PLATINUM PROJECT Pre-Feasibility On-Hold
BERG PGM PROJECT Dormant (L/R) Licence Relinquished
BLUE RIDGE MINE Operational Care and Maintenance
BOIKGANTSHO PROJECT Pre-Feasibility Ongoing
BOKONI PLATINUM MINE Operational Care and Maintenance
BOOYSENDAL SOUTH MINE Operational Operational
BOOYSENDAL UG2 NORTH MINE Operational Operational
CHIEFTAINS PLAIN PROJECT Dormant Cancelled - Pre-Feasibility
CROCETTE SECTION DEVELOPMENT PROJECT Active On-Hold
CROCODILE RIVER MINE Operational Care and Maintenance
DER BROCHEN PROJECT Feasibility Ongoing
DISHABA MINE Operational Operational
DWAALKOP PROJECT (PHASE 2) Feasibility On-Hold
ELAND PLATINUM MINE Operational Care and Maintenance
EVEREST NORTH PROJECT Dormant (L/R) Licence Relinquished
FOUNTAIN RIDGE PROJECT Dormant (L/R) Licence Relinquished
GA-PHASHA PGM PROJECT Dormant (L/R) Licence Relinquished
GHOST MOUNTAIN PROSPECT Grassroots On-Hold
GOLDEN VALLEY PROJECT Dormant (L/R) Licence Relinquished
GROOTBOOM PROJECT Pre-Feasibility On-Hold
HACRA PROJECT Pre-Feasibility On-Hold
HARRIET'S WISH PROJECT Pre-Feasibility On-Hold
HOSSY SHAFT - GENERATION 1 SHAFTS (MARIKANA) Operational Operational
IMPALA PLATINUM NO.16 SHAFT Operational Operational
IMPALA PLATINUM NO.17 SHAFT PROJECT Active On-Hold
IMPALA PLATINUM NO.20 SHAFT Operational Operational
K4 SHAFT - GENERATION 3 SHAFT Operational Care and Maintenance
KALPLATS EXTENDED PROJECT Dormant Cancelled - Grassroots
KALPLATS PGM EXPLORATION PROJECT Dormant Cancelled - Feasibility
KHUSELEKA SHAFT 1 ORE REPLACEMENT PROJECT Active Ongoing
KLIPRIVIER PROJECT Pre-Feasibility On-Hold
KROONDAL MINE Operational Operational (Old)
KWANDA PROJECT Grassroots On-Hold
LEEUWKOP PROJECT Active On-Hold
LESEGO PLATINUM PROJECT Pre-Feasibility Ongoing
LIGER PGM PROJECT Dormant (L/R) Licence Relinquished
LOSKOP PROJECT Dormant (L/R) Licence Relinquished
MAREESBURG PLATINUM PROJECT Feasibility On-Hold
MARIKANA MINE EXPANSION Operational Care and Maintenance
MARULA MINE Operational Operational
MASEVE MINE Operational Care and Maintenance
MILLENIUM PLATINUM PROJECT Dormant Cancelled - Pre-Feasibility
MODIKWA PLATINUM MINE Operational Operational (Old)
MOGALAKWENA NORTH MINE Operational Operational
MOOINOOI TAILINGS PLANT Operational Operational
MOTOTOLO MINE Operational Operational
MPHAHLELE PROJECT Feasibility Ongoing
NKOMATI MINE EXPANSION 1 Completed Expansion
NKOMATI MINE EXPANSION 2 Completed Expansion
NKWE-GARATAU PROJECT Bankable On-Hold
ONDERSTEPOORT PROJECT Dormant (L/R) Licence Relinquished
PANDORA PLATINUM EXPANSION PROJECT
MARIKANA GENERATION 2 SHAFTS
Pre-Feasibility Ongoing
PILANESBERG PLATINUM MINE Operational Operational
PLATREEF PROJECT Active Ongoing
RIETFONTEIN 338JQ PROJECT Pre-Feasibility On-Hold
ROAN / DOORNPOORT PROJECT Dormant (L/R) Licence Relinquished
ROODERAND PROJECT Dormant Cancelled - Pre-Feasibility
ROOIPOORT PLATINUM PROJECT Dormant (L/R) Licence Relinquished
RUSTENBURG FRANK SHAFT MATERIAL INSTALLATION Completed Refurbishment
RUSTENBURG UG2 RESTRUCTURE Completed Refurbishment
RUSTENBURG UNION SECTION PROJECT Dormant Cancelled - Feasibility
SABLE JOINT VENTURE PROJECT Dormant (L/R) Licence Relinquished
SAFFY SHAFT - GENERATION 2 SHAFTS Operational Operational
SHEBAS RIDGE PGM PROJECT Dormant Cancelled - Pre-Feasibility
SMOKEY HILLS MINE Operational Care and Maintenance
SOUTH BLOCK PROJECT Dormant (L/R) Licence Relinquished
SPITZKOP PROJECT Grassroots On-Hold
SPRINGBOK PROSPECT Dormant (L/R) Licence Relinquished
STYLDRIFT JOINT VENTURE PROJECT Active Ongoing
TAMBOTI PROJECT Dormant (L/R) Licence Relinquished
THARISA PLATINUM MINE Operational Operational
THEMBELANI MINE (SHAFTS 1 & 2) Operational Operational
THUSONG PLATINUM PROJECT Dormant (L/R) Licence Relinquished
TINDERBOX PROSPECT Pre-Feasibility On-Hold
TJATE PLATINUM PROJECT Pre-Feasibility Ongoing
TUBATSE PROJECT Dormant (L/R) Licence Relinquished
TUMELA MINE Operational Operational (Old)
TWEESPALK PROJECT Dormant (L/R) Licence Relinquished
TWICKENHAM MINE Operational Care and Maintenance
TWO RIVERS MINE Operational Operational
UNION SECTION DECLINES AND SPUD SHAFT PROJECT Feasibility Ongoing
VOLSPRUIT PLATINUM PROJECT Feasibility Ongoing
WAR SPRINGS PROJECT Dormant (L/R) Licence Relinquished
WATERBERG PLATINUM PROJECT Feasibility Ongoing
ZONDEREINDE MINE Operational Operational (Old)
ZONDERNAAM PROJECT Pre-Feasibility On-Hold

For a detailed record of all platinum mining projects, including contact details for mine owners, engineers and suppliers, get in touch with Africa Mining IQ today!

What are Platinum Group Metals (PGMs)?

The Platinum Group Metals (PGMs) are six metals that are chemically, physically, and anatomically similar. The six metals naturally occur in the same ore bodies.

PGMs are highly recyclable and indispensable in many industrial and medical applications. According to the International Platinum Group Metals Association (IPA), one-quarter of all goods manufactured either contain a PGM or had a PGM play a key role in its production.

The six PGMs are:
 

  • Iridium – the most corrosion-resistant pure metal, used in pacemakers and other medical implants
  • Osmium – has poor resistance to oxidation, used as a stain for fingerprints and DNA testing
  • Palladium – soft, silvery-white metal, used as a catalyst for the petroleum industry
  • Platinum – dense, stable, and rare, widely used in medical and electronic devices, as well as jewellery
  • Rhodium – has low electrical and contact resistance, used in the production of nitric acid
  • Ruthenium – is a valuable alloy additive and catalyst, used in cleaning liquids, adhesives, and paints

Find out more about mining companies in South Africa and how a subscription to Africa Mining IQ gets you the mining intelligence you need when targeting these companies.

Investing in SA Platinum Mines with Africa Mining IQ

Africa has the world’s largest and fastest growing minerals industry. New projects are starting all the time. Africa Mining IQ is Africa’s largest online database of mining project intelligence. We make connecting with mining projects easy.

Each project is tracked, analysed and monitored for the duration of its development, from grassroots and pre-feasibility to fully operational and right through to closure.

If you’re looking for new opportunities in the South Africa platinum mining industry, AMIQ provides the intelligence you need to invest in mining projects in South Africa.

We track 18 on-hold PGM projects and 18 projects that have relinquished their licence – making it easy for you to invest. This means that there are at least 36 investment or business opportunities, and that is without taking into consideration all the peripheral activities and services required for each project.

We help companies grow their business by giving them the most in-depth, up-to-the-minute intelligence on South Africa’s mining projects, including key contact details for Mine Owners and Project Engineers/EPCs, companies can successfully target new projects early in their specification.

Our database also contains key contact information and project update and analysis for leading mining companies in Gauteng, including: Anglo American, Amplats, Impala Platinum Holdings Limited, Sibanye-Stillwater, Lonmin Plc and Rustenburg Platinum Mines.

Africa Mining IQ tracks 89 Platinum Projects in SA:

Grassroots

3

Pre-feasibility

13

Operational

28

Need more info?

Get all the info you need about platinum mining in South Africa with Africa Mining IQ.

Find out more


+ Quick Links


Privacy Policy   Legal Notice   PAI Act   POPI
© Copyright 2019 All right reserved.

Projects IQ - Project Intelligence in Africa