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Western Bushveld JV 3 Data

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  • Wesizwe concludes early termination of Bakubung contract with Aveng 2016-09-30
    Emerging miner Wesizwe Platinum concluded an amicable agreement with appointed shaft sinking contractor Aveng Mining for an early termination at its Bakubung platinum mine, in Rustenburg. The agreed handover will be concluded by May 2017, when Phase 1 main shaft commissioning, which was initially to be concluded by September, will be completed.
  • Despite reaching production vein, PTM lowers guidance again as stoping delays weigh 2016-09-19
    South Africa-focused miner Platinum Group Metals (PTM) has again lowered its production guidance for the first year of operations at its Maseve mine, in South Africa, citing a delay in ramping up stoping tonnes. Despite monthly output at Maseve increasing to 1 893 oz of platinum, palladium, rhodium and gold (4E) and associated copper and nickel in concentrate, the Vancouver-based company advised that it has amended lower its guidance for concentrate production, on a 100% project basis from April 2016 to April 2017, from 110 000 oz 4E to 91 500 oz 4E.
  • Despite reaching production vein, PTM lowers guidance again as stoping delays weigh 2016-09-19
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Western Bushveld JV 3 Information

  • General 2015-05-10
    The WBJV Project 3 hosts indicated and inferred mineral resources with feasibility and development work expected to commence once Project 1 is in production.

Nearby Locations

Nearby Location News

  • Wesizwe concludes early termination of Bakubung contract with Aveng 2016-09-30
    Emerging miner Wesizwe Platinum concluded an amicable agreement with appointed shaft sinking contractor Aveng Mining for an early termination at its Bakubung platinum mine, in Rustenburg. The agreed handover will be concluded by May 2017, when Phase 1 main shaft commissioning, which was initially to be concluded by September, will be completed.
  • Despite reaching production vein, PTM lowers guidance again as stoping delays weigh 2016-09-19
    South Africa-focused miner Platinum Group Metals (PTM) has again lowered its production guidance for the first year of operations at its Maseve mine, in South Africa, citing a delay in ramping up stoping tonnes. Despite monthly output at Maseve increasing to 1 893 oz of platinum, palladium, rhodium and gold (4E) and associated copper and nickel in concentrate, the Vancouver-based company advised that it has amended lower its guidance for concentrate production, on a 100% project basis from April 2016 to April 2017, from 110 000 oz 4E to 91 500 oz 4E.
  • PTM completes Maseve plant commissioning, lowers guidance 2016-05-05
    On the heels of completing commissioning of its Maseve mine plant on March 31, South Africa-focused precious-metals producer Platinum Group Metals (PTM) has produced about 1 700 ‘4E ounces’ containing platinum, palladium, rhodium and gold in April alone. The Vancouver-incorporated company advised Thursday that during February, March and April, a majority of milled tonnes were sourced from lower-grade development muck mined from primary development along the rich Merensky Reef of the country’s fabled Bushveld Igneous Complex.
  • Wesizwe’s flagship Bakubung mine still on target 2016-03-30
    Platinum miner Wesizwe Platinum remains within its targeted concentrate production output and project construction costs budget for its flagship Bakubung project, in Rustenburg. Reporting on its 2015 financial year performance, the Chinese-backed company said that, during the year to December, the main and ventilation shafts were completed as scheduled at 825 m and 810 m respectively. Further, services projects on site were on schedule, with an additional 20 MWa secured for the phase one power supply for the commissioning of the shafts and 1.5-million-litres-a-day capacity had been commissioned for permanent water supply to the mine.
  • RBPlat posts FY loss, delays projects 2016-03-01
    Ongoing depressed market conditions and a low commodity price environment have prompted South African platinum miner Royal Bafokeng Platinum (RBPlat) to delay some of its capital projects. During the second half of the 2015 financial year, RBPlat had scaled down mining and construction activities at its Styldrift I expansion project, deferred the 250 000 t/m Bafokeng Rasimone Platinum Mine (BRPM) concentrator upgrade to early 2016, deferred the construction of a 100 000 t/m concentrator module and deferred the Styldrift II feasibility study and exploration drilling, besides other initiatives to reduce noncritical expenditure.

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