Wesizwe Platinum is a mining business in South AfricaIt has significant platinum group metal deposit on the Bushveld Igneous Complex Frischgewaagd Ledig Wesizwe has access to substantial platinum reserves at the Bakubung platinum mine site near Rustenburg in the Western limb of the Bushveld Igneous Complex Wesizwe Platinum Limited is a South Africa based company which focuses on the development of Bakubung Platinum Mine BPM BPM is located on the Western Limb of the Bushveld Igneous Complex north of the city of Rustenburg i n the North West province n the North West province
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Development at Wesizwe Platinum’s Bakubung platinum mine near Rustenburg is continuing in line with a new business plan that sets out the commissioning of a smaller mine Wesizwe Platinum backed by Chinese money is pressing on with its mine and yesterday said it had moved its target date for full production up to Wesizwe’s flagship
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Stock analysis for Wesizwe Platinum Ltd WEZ Johannesburg including stock price stock chart company news key statistics fundamentals and company profileWesizwe faces a ZAR974M dilution loss and potential impairment after failing to meet cash calls on its investment in the operating company for its joint venture with Canadian developer Platinum Group Metals for the Western Bushveld Project 1 platinum mine in
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Wesizwe’s Bakubung Platinum Mine will switch to partially mechanised mining reducing the number of employees at steady state by 235 to 3 135 This is one of the main outcomes of the optimisation study approved by the Wesizwe board on 12 March Key Facts about the Bakubung Platinum Mine • The Bakubung Platinum Mine will have a life span of 30 years • At steady state production the mine will produce koz 4E per year of Platinum Group Metals • The project has a highly favourable 4E prill split
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Wesizwe is developing the Bakubung platinum mine near Rustenburg Last year it decided to scale back its plan for the mine as the weak platinum price had hampered its ability to raise enough capital to commission a 3 million tonnes a year mine and processing facilityDevelopment at Wesizwe Platinum’s Bakubung platinum mine near Rustenburg is continuing in line with a new business plan that sets out the commissioning of a smaller mine
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Bakubung Platinum Mine Wesizwe s core project is the Bakubung Platinum Mine formerly known as the Frischgewaagd Ledig project The property consists of various portions of the farm Frischgewaagd 96 JQ and Ledig 909 JQ These two farms are locatedPlatinum group metals project developer Wesizwe Platinum has delayed the publication of its financial results for the year ended December 31 The Johannesburg listed company put the reason for the delay down to South Africa’s Covid 19 lockdown which required the Bakubung platinum mine project to be put on care and maintenance for 21 days
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Welcome to the Wesizwe corporate website one of a number of information sharing platforms that have been created to improve engagement with our valued stakeholders The site provides a wealth of information about our company our business our people and developments relating to our flagship project the Bakubung Platinum MineWesizwe Platinum Ltd engages in the exploration and mining of platinum metals Its project includes the Bakubung Platinum Mine located in the North West Province of South Africa
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The platinum producer is closer to commissioning its 1 million tonne per year mine outside Rustenburg Wesizwe Platinum says it s making progress with the development of its flagship Bakubung Platinum Mine under a new business plan that will result in the commissioning of a smaller mine with a process plant to produce and treat 1 million tonnes of metal a yearWesizwe Platinum which plans to bring a new mine into production during has cut its production forecast in half for because of the Covid 19 pandemic and a fatal accident at the
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Wesizwe Platinum Corporate Social Responsibility Mining companies that support the mission of mindatorg with premium level sponsorship can document their Corporate Social Responsibility programmes on their mine pages with text document downloads video links and imagWesizwe Platinum has decided to downscale its current 3 Mtpa mine plan to implement a new plan which will entail the development of a smaller 1 Mtpa mine with an equivalent 1 Mtpa processing plant MF2 to treat the ore
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2 Corporate Strategy Wesizwe’s flagship project the Bakubung Platinum Mine focuses on the development of a new underground mine to access one of the last remaining sizeable and viable Merensky and UG2 PGM ore bodi The mine site is located on theWesizwe faces a ZAR974M dilution loss and potential impairment after failing to meet cash calls on its investment in the operating company for its joint venture with Canadian developer Platinum Group Metals for the Western Bushveld Project 1 platinum mine in
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15/12/ 32 In these days of a weakened mining environment Wesizwe Platinum is bucking the trend The miner has reached a key milestone in building of its the Bakubung platinum mine in the North West Both Wesizwe Platinum’s Bakubung Platinum Mine BPM development has been delayed with the hot commissioning date now set for October Read more Get FREE Newsletter VIDEO Space Mining NASA samples asteroid Bennu https //youtube
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Wesizwe Platinum backed by Chinese money is pressing on with its mine and yesterday said it had moved its target date for full production up to Wesizwe’s flagship As a consequence of Covid 19 and its related impacts on the process plant construction schedule JSE listed Wesizwe Platinum’s Bakubung platinum mine development has been
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