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Nkwe gets environmental nod at Garatau

14th January 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – The South African Department of Environmental Affairs has granted ASX- and JSE-listed Nkwe Platinum environmental authorisation for certain activities at its proposed Garatau mine, in Limpopo.

Nkwe is planning an underground platinum mine capable of producing some 330 000 oz/y of platinum over an initial 17-year mine life.

A 2012 bankable feasibility study has estimated a capital requirement of some A$641-million to fund the development of a 3.6-million-ton-a-year operation.

A mining right was granted over the Garatau project in January 2014.

Edited by Creamer Media Reporter

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