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Mototolo/Der Brochen life extension project, South Africa – update

1st April 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Mototolo/Der Brochen life extension project.

Location
Burgersfort, in Limpopo, South Africa.

Project Owner/s
Anglo American Platinum, a subsidiary of Anglo American and a leading primary producer of platinum-group metals.

Project Description
Anglo American is investing in the development of the Der Brochen project to extend the life of the Mototolo platinum mine.

The Der Brochen decline development will include the construction of infrastructure to access the Der Brochen orebody to replace declining volumes from the Mototolo mine.

The project also presents the opportunity to expand production from 240 000 t a month to 320 000 t a month through technology deployment.

Potential Job Creation
The life extension is expected to protect local jobs.

Net Present Value/Internal Rate of Return
The project has an estimated internal rate of return of 30%.

Capital Expenditure
R3.9-billion.

Planned Start/End Date
First production is expected in the first half of 2023.

Latest Developments
The Der Brochen project has received full approval and the development has started.  

First production is estimated to be in the first half of 2023.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Anglo American Platinum media, Nomonde Ndwalaza, tel +27 66 311 1133 or email
Nomonde.ndwalaza@angloamerican.com.
Anglo American Platinum investors, Emma Chapman, tel +27 11 373 6239 or email emma.chapman@angloamerican.com.

Edited by Creamer Media Reporter

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