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Two Rivers upper group 2 plant expansion project, South Africa – update

4th March 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Two Rivers upper group 2 (UG2) plant expansion project.

Location
Eastern limb of the Bushveld Complex, about 35 km south-west of Burgersfort, in Mpumalanga, South Africa.

Project Owner/s
Two Rivers is a joint venture between diversified miner African Rainbow Minerals (51%) and platinum group metals producer Impala Platinum (49%).

Project Description
The project will add 40 000 t a month of milling capacity at the Two Rivers operation.

At steady state, the project is expected to produce 360 000 oz/y of platinum, palladium, ruthenium, rhodium, iridium and gold.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
The project was approved in December 2019. After the contractor had placed orders for certain long-lead items, site mobilisation began in July 2020. Covid-19 restrictions have delayed the forecast project completion date by three months to December 2022.

The mill was commissioned early in the third quarter of the 2022 financial year, and ramp-up is expected to be achieved early in the fourth quarter of the 2022 financial year.

Latest Developments
Impala has reported that progress on the 40 000 t a month UG2 plant expansion has been impeded by Covid-19 and delays in steel deliveries.

The tailings storage facility expansion, to cater for UG2 and future Merensky volumes, is nearing completion.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
African Rainbow Minerals, tel +27 11 779 1300 or email ir.admin@arm.co.za.

Edited by Creamer Media Reporter

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