Anglo Platinum Limited engages in the exploration and development of mineral properties in South Africa. The company’s mining, smelting and refining operations are situated in the North West and Limpopo Provinces of South Africa. It produces platinum group metals (PGMs) in quantities determined by their occurrence in the ore mined. The PGMs are platinum, palladium, rhodium, ruthenium, iridium and osmium. The main North West mining operations include Khomanani Mine, Bathopele Mine, Siphumelele Mine, Thembelani Mine, Khuseleka Mine, Tumela Mine, Dishaba Mine and Union Section (85% owned). The main operating mines in Limpopo include Mogalakwena Section, Twickenham Mine and Lebowa Platinum Mines Limited (LPM). Joint Ventures The company’s smelting and refining operations are wholly owned, treating concentrate and matte from its wholly owned operations and its joint ventures and subsidiaries. The company, in Zimbabwe, is in the process of developing the Unki Platinum Mine and in Canada, Russia, Brazil and China it is involved in exploration. Modikwa: The company and ARM Mining Consortium Limited have established a 50:50 jointly controlled operation, known as the Modikwa Platinum Mine Joint Venture (Modikwa). Modikwa operates a mine and a processing plant on the Eastern Limb of the Bushveld Complex. Kroondal: The company and Aquarius Platinum (South Africa) (Proprietary) Limited (Aquarius) have pooled certain mineral rights and infrastructure. The two parties share 50:50 in the profits from the jointly controlled mine, which is managed by Aquarius. Marikana: The company and Aquarius have pooled certain mineral rights and infrastructure. The two parties share 50:50 in the profits from the jointly controlled mine, which is managed by Aquarius. Bafokeng-Rasimone Platinum Mine (BRPM) Joint Venture: The company and Royal Bafokeng Resources (Proprietary) Limited (RBR) have entered into a 50:50 joint venture. In terms of the agreement, the Group contributed the operating Bafokeng Rasimone Platinum Mine and the related mineral rights to the venture, while RBR contributed certain mineral rights. Mototolo Joint Venture: The company and Xstrata Kagiso Platinum Partnership have entered into a 50:50 joint venture. In terms of the agreement, each party has contributed a similar amount of in situ PGM reserves and resources, from Xstrata’s Thorncliffe farm, adjacent to its Thorncliffe chrome mine and the company’s bordering farm, part of its Der Brochen project area. History Anglo Platinum Limited was incorporated in 1946.
anglo american platinum ltd
55 Marshall Street
Phone: 27 11 373 6111
Fax: 27 11 373 5111www.angloplatinum.com
|No competitor information is available for AMS.|
|View Industry Companies|
|Price/Cash Flow||--||Not Meaningful|
Sponsored Financial Commentaries
To contact ANGLO AMERICAN PLATINUM LTD, please visit www.angloplatinum.com. Company data is provided by Capital IQ. Please use this form to report any data issues.