African Rainbow Minerals and Anglo American Platinum (Joint Venture)
The Modikwa platinum mine is a large underground mine in the north-eastern part of South Africa northwest of Burgersfort, Limpopo. It is part of the Bushveld Igneous Complex. Modikwa represents one of the largest platinum reserves in South Africa having estimated reserves of 215.2 million tonnes of ore grading 2 g/t platinum, 1.87 g/t palladium and minor grades of gold, rhodium, ruthenium and iridium.[1] The mine has reserves of 13.8 million oz of platinum and 12.9 million oz of palladium and produces around 120,000 oz of platinum/year and 110,000 oz of palladium/year.[1] The mine is owned under a 50%/50% joint venture by African Rainbow Minerals and Anglo American Platinum.[2] Each of these companies have part of their stakes subdivided between other companies.[1][3]
The Modikwa platinum mine is a large underground mine in the north-eastern part of South Africa northwest of Burgersfort, Limpopo. It is part of the Bushveld...
Platinum was discovered in 1920 by Hans Merensky in the area of the current Modikwamine. In 1988, Impala Platinum acquired the mineral rights to the Winnarshoek...
from the Bafokeng mine, the Impala mine, the Kroondal mine, the Marikana, and the Rustenburg Mines, and the opening of the Modikwamine in 2002. Production...
Samancor, Two Rivers and Modikwa platinum mines managed by Patrice Motsepe’s African Rainbow Minerals, as well as Mototolo platinum mine and the Lion Ferrochrome...
2008. Modikwa, Onalenna (22 May 2006). "Production To Begin On Martins Drift Next Year". Mmegi Business Week. Retrieved 21 January 2008. "Lerala mine closes"...
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