Platinum mining in South Africa, also called PGM mining or Platinum Group Metals mining, is rife with South Africa holding over 80% of the world’s platinum group metal reserves. This is evidenced with the country currently having in excess of 80 PGM mining projects, the majority held by only 11 platinum mining companies.
Mining industry of South Africa Wikipedia
Platinum and palladium. South Africa produces more platinum and similar metals than any other nation. In 2005, 78% of the worlds platinum was produced in South Africa, along with 39% of the worlds palladium. Over 163,000 kilograms (5,200,000 ozt) of platinum was produced in 2010, generating export revenues of $3.82 billion USD.
OVERVIEW OF PGM PROCESSING
South Africa (SA) is the source of over 60% of newly mined PGMs and over 80% of Platinum. PGM mining in South Africa is located in the Bushveld Complex in three regions commonly referred to as the Western,
Platinum in the South African economy
South Africa exports almost all its platinum production (87.5% in 2002). Exports are a final demand, as opposed to intermediate demand from secondary industries, and therefore do not enter the value-adding process, which is the essence of GDP.
Platinum is produced in South Africa by Amplats Impala
South Africa has more than 80 per cent of the world’s platinum reserves, and is the world’s largest producer of platinum group metals (PGMs). These vast resources occur together with the world’s largest reserves of chromium and vanadium ore in the unique Bushveld Complex geological formation.
Marikana Platinum Mine Rustenburg South Africa Mining
Phoenix Platinum Project includes the production of platinum group metals (PGMs) from mines located in the Northwest province of South Africa. Modikwa Platinum Mine, South Africa The Modikwa platinum mine lies along the border between the Mpumalanga and Limpopo provinces, around 15km north-west of …
Platinum in Africa Wikipedia
Platinum in Africa. Jump to navigation Jump to search. Platinum, and platinum group metals, are produced in Zimbabwe and South Africa. Of the multitudes of companies involved in producing platinum group metals in these two countries, these are the principal operators: 1 South Africa.
Platinum in the South African economy
South Africa exports almost all its platinum production. According to data published by the Department of Minerals and Energy, South Africa exported platinum worth R30.458
South Africa girding for another platinum strike
Jul 10, 2016 · South Africa and Russia combined account for close to 80% of global supply of palladium and 70% of platinum output which are mainly used to clean emissions in automobiles.
Mining in South Africa
Platinum mines in South Africa. The first platinum nuggets were discovered in South Africa in 1924 and today, platinum mining in South Africa accounts for about 80% of the world’s total supplies, while its palladium represents around 40% of the world’s gross production.
Top 10 Largest Platinum Mining Companies in the World 2018
South Africa has once again maintained its title as largest platinum producing country in the world. and the number one platinum exporter in the world. Meanwhile, Anglo American Platinum is the world’s largest platinum mining companies, accounting for nearly 38% …
Mining and minerals in South Africa
Aug 16, 2012 · Mineral wealth. World-class primary processing facilities work with carbon steel, stainless steel, aluminium, gold and platinum. South Africa is also a world leader of new technologies, such as a ground-breaking process that converts low-grade superfine iron ore into high- quality iron units.
Problems in the mining industry in South africa ECDPM
The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry.
THE PRIMARY PRODUCTION OF PLATINUM GROUP METALS
Primary production at Impala Platinum mine in South Africa. IMAGE CREDIT: Mining Operations, Implats. For example, in South Africa, PGM-bearing ores generally have a low PGM content of between 2 and 6 grams per tonne and it will typically take up to six months and between 10 and 40 tonnes of ore to produce one ounce (31.1035g) of platinum.2 Most of the PGM mines in South Africa operate at a depth
South Africa accounts for 80% of global platinum production and a majority of the worlds known platinum deposits. Time trend of platinum production  Platinum, along with the rest of the platinum-group metals , is obtained commercially as a by-product from nickel and copper mining and processing.
The impact of platinum mining in Rustenburg A highlevel
Although platinum had been discovered in the early 1900s, it was only in 1925 that platinum mining in the district became financially viable when sufficient deposits were discovered. Rustenburg profited immensely from South Africa’s rising platinum output between …
South Africa: The Prospects of Gold and Platinum Stratfor
Oct 17, 2012 · Unlike platinum, South Africa does not control that much of the worlds supply of gold, so higher production costs could discourage gold mining companies from investing in South Africa. In fact, AngloGold Ashanti, the worlds third-largest producer of gold, operates in 10 different countries, including South Africa, and is trying to diversify ...
Platinum Group Metals Home
Platinum Group Metals Ltd. is a mining company focused on the production of platinum and palladium. Our projects are located in the Bushveld Complex in South Africa, surrounded by 70% of the world’s platinum production.