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Northam mine- key statistics

OwnershipWholly-owned by Northam Platinum Limited
LocationNorthern part of the western limb of the Bushveld Complex in Limpopo Province; adjacent to the Anglo Platinum’s Amandelbult operation
Access and infrastructureWell-established infrastructure: tarred roads, railway, water and power
Project extent7 625 hectares; strike length of 8km
Reserves9.2Moz*
Resources30.1Moz*
Life of mine18 years
OperationsUnderground mining operations on the Merensky and UG2 reefs
 Underground equipment driven by hydropower.
 Surface operations include a Merensky and UG2 concentrator plant, a smelter and base metals removal plant (BMR).
Production profileSteady state output of approx 300 000oz (3PGM+Au) annually
Precious metals refiningPerformed by Heraeus in terms of toll-treating agreement
MarketingIn-house, independent marketing to established global customer base
F2008 capexR265 million
F2009 capex (estimate)R340 million
F2008 cash costsR175 197/kg (3PGE+Au)
* 3PGE + Au
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© 2009 Northam Platinum Limited