Who is the owner of Modikwa platinum mine?

Who is the owner of Modikwa platinum mine?

African Rainbow Minerals
The Modikwa platinum mine lies along the border between the Mpumalanga and Limpopo provinces, around 15km north-west of Burgersfort. The mine is an underground operation extending over an area of 14,278ha. Owned jointly by African Rainbow Minerals (ARM) and Anglo Platinum, the mine began operations in the mid-1920s.

Which is the biggest mine in Limpopo?

Mogalakwena is one of the six local municipalities which form part of the Waterberg District, situated in the Western quadrant of the Limpopo Province in north eastern South Africa. The mine was established in 1993, is the largest open pit platinum mine in the world, and is 100% owned by Anglo American.

What sector does Modikwa platinum mine?

Company Description: MODIKWA PLATINUM MINE (PTY) LTD is located in GAUTENG, Gauteng, South Africa and is part of the Nonmetallic Mineral Mining and Quarrying Industry.

What is the biggest mine in Mpumalanga?

Which is the biggest mine in Mpumalanga? The Penumbra coal mine is located within the Ermelo coalfields of the Mpumalanga province. The province is made up of Permian-aged Vryheid formations from the Ecca group. The mine has reserves of approximately 5.44 million tonnes of coal.

Who is the owner of Two Rivers mine?

Two Rivers mine

Location
Products platinum, palladium, rhodium, ruthenium, gold
Owner
Company African Rainbow Minerals

Who owns Palabora Mining Company?

The mine is 80% owned by a Chinese consortium comprising HBIS, Tewoo, General Nice and CADFund through Smart Union Resources South Africa. The consortium has consistently reinvested in the mine and its facilities since assuming ownership.

In which district is burgersfort?

Sekhukhune
Burgersfort

Burgersfort Tubatse Platinum City
Province Limpopo
District Sekhukhune
Municipality Fetakgomo Tubatse
Area

Who owns overlooked Colliery?

The company currently produces 2.4-million tonnes of coal a year and plans to reach 4.8-million tonnes a year by 2022 off its existing portfolio….Exxaro sells Coal Central operations to Overlooked Colliery.

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Who owns coal in South Africa?

Coal Mining Companies Five mining companies are responsible for approximately 85% of all coal production: Anglo American PLC, Sasol Mining, Glencore Xstrata, Exxaro, and South32’s South Africa Energy Coal.

What is the largest open pit mine in the world?

Bingham Canyon Mine
Bingham Canyon Mine, located near Salt Lake City, is the world’s deepest man-made open pit excavation. The mine is 2.75 miles (4,5km) across and 0.75 mile (1,2km) deep. Since mining operations started in 1906, Bingham Canyon Mine has been the granddaddy of all copper mines.

What does Modikwa platinum mine do?

Company Description: MODIKWA PLATINUM MINE (PTY) LTD is located in GAUTENG, Gauteng, South Africa and is part of the Nonmetallic Mineral Mining and Quarrying Industry. MODIKWA PLATINUM MINE (PTY) LTD has 4,656 total employees across all of its locations and generates $604.17 million in sales (USD).

How big is the Modikwa mine in South Africa?

The mine is an underground operation extending over an area of 14,278ha. Run-of-mine tonnage is stored in the Modikwa concentrate and the PGE-rich concentrate is transferred to the Polokwane smelter and processing facilities at Anglo Platinum. Credit: Francesca van Rooyen.

How many employees does Modikwa have?

MODIKWA PLATINUM MINE (PTY) LTD has 4,656 total employees across all of its locations and generates $604.17 million in sales (USD). (Sales figure is modelled).

What is arm’s stake in Modikwa?

ARM’s effective stake in Modikwa is 41.5%, through its 83% ownership of the ARM Mining Consortium. 8.5% is held by local communities and 50% by Anglo American Platinum. Jointly managed by ARM and Anglo American Platinum.

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