Miner Development
Updated: May 01, 2024 04:46 PM GMT
Ivanhoe Mines
MokopaneIvanplats is looking for a Miner Development
Ivanhoe Mines indirectly owns 64% of the Platreef Project through its subsidiary, Ivanplats, and is directing all mine development work. The South African beneficiaries of the approved broad-based, black economic empowerment structure have a 26% stake in the Platreef Project. The remaining 10% is owned by a Japanese consortium of ITOCHU Corporation; Japan Oil, Gas and Metals National Corporation; and Japan Gas Corporation.
The Platreef Project is a tier-one discovery of platinum-group metals, nickel, copper and gold by Ivanhoe Mines’ geologists on the Northern Limb of South Africa’s Bushveld Igneous Complex, the world’s premier platinum producing region. Platreef’s commercial production is expected in 2024, with Shaft 2 now expected to be commissioned in 2027. The initial scope of the phased development plan is to fast-track Platreef into production, starting with an initial 700,000-tonne-per-annum (700-ktpa) underground mine using the... More Detail
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