Modern Mining January 2018

PLATINUM

Northam’s internal growth engine: Booysendal South View of the central boxcut to access the Booysendal South workings – development has started on all seven adits (six are shown in this photo) and will intersect UG2 reef at 90 metres.

Over the years up to 2022, Northam Platinumwill be investing R5,6 billion in capital expenditure into its Booysendal South project on the border of Mpumalanga and Limpopo provinces – which will give the company a decisive boost towards taking its place among the platinummajors.

W hile CEO Paul Dunne says he is careful to ensure that Northam is not driven by size for size’s sake, the con- tribution that Booysendal South is to have on the output of the combined Booysendal operation – and indeed the whole group – is substantial. It is expected to ramp up to production of between 250 000 oz and 300 000 oz of refined platinum group metals (PGMs) each year, taking the total output of

Top projects

62  MODERN MINING  January 2018