Booysendal North upper group two mine deepening project, South Africa
Name of the Project
Booysendal North upper group two (UG2) mine deepening project.
Location
The project is located about 35 km from Mashishing, straddling the border of Limpopo and Mpumalanga, in South Africa.
Client
Northam Platinum.
Project Description
The deepening of the Booysendal North UG2 mine is an expansion of the original Booysendal North mine, which came on stream in 2013 and reached steady-state production of 160 000 oz/y at the end of 2015.
The project, approved in November 2015, is expected to add 30 000 oz/y of saleable 4E (platinum, palladium, rhodium and gold) product. Combined with 25 000 oz/y from the development of the Merensky module, the UG2 deepening project will increase production from Booysendal North to 215 000 oz/y.
The first two additional levels of the project have been established. Two of the four new production sections will be mined.
A key component to the extension is the construction of a 5 000 t surge capacity underground silo that will connect the deeper, new section to the existing mine.
Value
Northam has allocated a capital spend of R270-million over three years for the deepening project.
Total capital expenditure for the financial year to the end of June 2017 was R121-million.
Duration
The project will be completed in the 2019 financial year.
Latest Developments
Work on the project is continuing apace. At the end of June, the ore handling infrastructure (conveyors and transfer boxes) was 65% complete and the shaft bottom pumping arrangements were 55% complete. The silo mining is progressing well and is reaching completion.
Key Contracts and Suppliers
Not stated.
On Budget and on Time?
The project is on schedule.
Contact Details for Project Information
Northam Platinum media and investor relations, Russell & Associates, tel +27 11880 3924.
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