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Major projects

Anglo Platinum's objective is to maintain its position as the leading primary producer of platinum. Project capital spend is now directly related to Platinum's long term ounce requirements.

Khuseleka ore replacement Overall capex: $187m
Country South Africa
Ownership 100% Anglo American Platinum
Replacement production 101,000 oz per annum
Full project capex $187m
Full production 2015

The Khuseleka ore replacement project aims to replenish diminishing Merensky Reef output and to supplement existing UG2 Reef output at that shaft by extending the existing decline shaft. The associated project infrastructure includes three ventilation shafts, which were completed in 2010. Merensky Reef development is 99% complete. However, the UG2 Reef development is only 67% complete, against a planned rate of 73% owing to worse than anticipated geological conditions and the doubling of development to allow for ventilation requirements.

Twickenham Overall capex: $1,248m
Country South Africa
Ownership 100% Anglo American Platinum
Incremental production 180,000 oz per annum
Full project capex $1,248m
Full production 2019

The Twickenham project is central to unlocking value for Anglo American Platinum in the Eastern Limb. Major construction work in 2011 included the installation of underground conveyors, chairlifts, surface workshops, and water clarifiers. Rock removal infrastructure has been constructed on level 1. The horizontal development utilising hydro-power equipment will start in the second quarter of 2012. A new, revised investment proposal for mining and infrastructure has been approved after the three year deferral that accompanied recent unfavourable global economic conditions. The complete Twickenham project investment approval is anticipated for the fourth quarter of 2012, and will include a concentrator that is currently at feasibility stage. Development ore is being stockpiled and the concentrator is planned for commissioning in 2016, in line with the project’s production plan. The Twickenham project is planned to reach mining steady state of 3 million tonnes of ore mined per annum in 2019.

Bathopele Platinum Mine phase 4 Overall capex: $76m
Country South Africa
Ownership 100% Anglo American Platinum
Incremental production 108,000 Pt. oz per annum
Full project capex $76m
Full production Q3 2012

Bathopele Mine is situated in the North West province of South Africa, near the town of Rustenburg and within the Western Limb of the Bushveld Igneous Complex. The mine operates under a mining right covering a total area of 17 square kilometres. Bathopele currently consists of 2 declines namely East and Central which have been established to exploit the UG2 reserves at 280 000 tons per month. Phase 4 is an ore replacement project and a natural progression of the previous phases (1 to 3) and employs a proven mine method. It is a fully mechanised operation that mines the UG2 horizon exclusively. Two types of mechanised equipment are utilised namely Low Profile (LP) and Extra Low Profile (XLP) equipment. The mining layout applied in the LP section is Bord and Pillar and in the XLP section, breast mining layout is applied. The project commenced in 2008 and plans to reach steady state in 2012.

Bathopele Platinum Mine phase 5 Overall capex: $1,232m
Country South Africa
Ownership 100% Anglo American Platinum
Replacement production 136,000 Pt. oz per annum
Full project capex $236m
Full production Q2 2018

Bathopele Mine is situated in the North West province of South Africa, near the town of Rustenburg and within the Western Limb of the Bushveld Igneous Complex. The mine operates under a mining right covering a total area of 17 square kilometres. Bathopele currently consists of 2 declines namely East and Central which have been established to exploit the UG2 reserves at 280 000 tons per month. Phase 5 is an ore replacement project and a natural progression of the previous phases (1 to 4) and employs a proven mine method. It is a fully mechanised operation that mines the UG2 horizon exclusively. Two types of mechanised equipment are utilised namely Low Profile (LP) and Extra Low Profile (XLP) equipment. The mining layout applied in the LP section is Bord and Pillar and in the XLP section, breast mining layout is applied. The project was approved for implementation in December 2011 and plans to reach steady state in 2018. The scope of the project includes exploitation of UG2 to Bathopele Mine’s boundaries by way of extension to the existing Central and East Shafts and makes provision for a new sub-outcrop decline (West Shaft) which is configured per existing declines and connected to Central Shaft by way of an upgraded roadway (3 West Roadway).

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