Company profile

Our group and operations

Northam is an independent, fully empowered, integrated PGM producer. All operating mines and recycling operations are wholly owned. Our aspirational target is to produce 1 million oz 4E pa.

Operations in SA [map]


Northam Zondereinde [logo]

Zondereinde mining operations

The Zondereinde mine is an established, conventional, long-life operation mining the UG2 and Merensky ore bodies.

350 000 oz 4E

production

Once the Western extension has been fully developed

>30 yrs

extended life of mine

The acquisition of the Western extension provides access to additional Merensky and UG2 resources, and increases the life of mine to more than 30 years

4%

of after tax profits

Toro Employee Empowerment Trust profit share scheme

Location:

On the northern portion of the western limb of the Bushveld Complex near the town of Thabazimbi.

Reserves and resources:

Reserves: 13.6 Moz
Resources: 104.8 Moz

Developments:

Western extension and deepening project are on track at Zondereinde, which will open up additional reserves.

Further brownfields expansion is possible.

Zondereinde metallurgical operations

up to

40%

of all metals may be suppkied by Heraeus

Northam’s activities are integrated, from the underground mining function through to concentrating, smelting and base metal removal.
 

35MW

smelter complex after the commissioning of the additional 20 MW furnace

Copper and nickel are extracted at the on-site base metal removal plant and sold on the domestic market.

Heraeus Deutschland GmbH & Co. KG

Toll refining through a long-term agreement with Heraeus Deutschland GmbH & Co. KG (Heraeus).

Heraeus is a registered member of the London Platinum and Palladium Market and has London-Zurich ‘Good Delivery’ status for metal production.

The refinery in Hanau is subject to strict European Union materials handling protocols. Product transportation is also strictly defined by international aviation regulations.

Northam Booysendal [logo]

Booysendal mining operations comprising of North and South mines

The Zondereinde mine is an established, conventional, long-life operation mining the UG2 and Merensky ore bodies.

500 000 oz 4E

production

From Booysendal North and South mines at steady state

>25 yrs

life of mine

Booysendal’s existing operations

R5.6 bn

of after tax profits

Booysendal South development

Location:

The shallow, mechanised, room and pillar Booysendal mines are located near the town of Mashishing (formerly Lydenburg) on the eastern limb of the Bushveld Complex.

Reserves and resources:

Reserves: 13.8 Moz
Resources: 110.5 Moz

Developments:

The extensive orebody lends itself to brownfields expansion opportunities, which are currently being established.

Further expansion is possible.

Northam Eland [logo]

Eland mining operations

Planning to mine at

150 000 oz 4E


Tailings retreatment and recommissioning of concentrating plant taking place

Development of Kukama shaft approved by the board and commencing F2020


Reserves and resources:

Reserves: 3.0 Moz
Resources: 19.3 Moz

Other operations

The Zondereinde mine is an established, conventional, long-life operation mining the UG2 and Merensky ore bodies.

US recycling operations
(wholly owned)

500 000 oz 4E

recycling potential

Slowly commencing operations to establish a working procedure with reputable suppliers
 
Dwaalkop

50%

Interest in the Dwaalkop joint venture with Sibanye-Stillwater Limited

Northam’s attributable resources 8.9 Moz
SSG Holdings
Proprietary Limited

30%

Interest in SSG Holdings Propriety Limited, which provides security and facility services to the group