Northam Platinum buys Eland mine from Glencore
Northam Platinum''s strategy of buying additional mines, as its strives to become a 1million ounce a year platinum group metals producer, netted it Glencore''s Eland Platinum mine for R175m cash.
WhatsApp)
Northam Platinum''s strategy of buying additional mines, as its strives to become a 1million ounce a year platinum group metals producer, netted it Glencore''s Eland Platinum mine for R175m cash.
Search Eland Platinum Mine Brits jobs and careers in South Africa Find employment by browsing our list of Eland Platinum Mine Brits vacancies in South Africa.
Oct 24, 2019· Comprehensive information on Platinum stocks, mining companies and prices. The latest Platinum investment information and news.
Oct 08, 2015· Global mining house Glencore has closed its Eland platinum mine near Brits in South Africa''s North West province. This follows an announcement it made in August of the potential closure mine due to falling commodity prices and operational difficulties. The closure of the mine will result in job ...
The acquisition, a cash consideration for R174 million, will secure full ownership of the Eland mine and infrastructure located in the North West Province of South Africa. The mine will be operated through Eland Platinum, a whollyowned subsidiary of Northam, on a fully integrated mine to market basis.
I resigned during March 2010 and start working at Glencore, Eland Platinum Mine as General Manager Secretary (Currently Still in Position). ... Glencore Eland Platinum Mine April 2010 ...
Northam Platinum''s strategy of buying additional mines, as its strives to become a 1million ounce a year platinum group metals producer, netted it Glencore''s Eland Platinum mine for R175m cash.
Eland Platinum Holdings Ltd. operates as a holding company. The Company, through its subsidiaries, conducts its business in mining of platinum group metals, as well as focuses on various platinum ...
Northam finalises Eland platinum mine deal. Posted by John on 30th January 2018 Northam''s acquisition of the Eland platinum mine (Eland) from Glencore Operations South Africa has been finalised and has become unconditional. Northam first advised of the acquisition of Eland in February 2017 for a cash consideration of R175 million which ...
The 10 Biggest Platinum Producers ... platinum a year. Its Eland and Mototolo mines—the latter a joint venture with Anglo Platinum—are located along the eastern limb of the Bushveld Complex in the Transvaal Basin in South Africa. The company also extracts PGMs from its nickel sulfide ores in the Sudbury Basin, in Canada. Many may know the ...
Eland Platinum Mine Wikimapia Let''s describe the whole world! Eland Platinum Mine Xstrata acquired the Eland Mine in November 2007 from the now delisted Eland Platinum Holdings. It is Xstrata Alloys'' second platinum mining ...
Oct 07, 2015· LONDONGlencore PLC () closed its Eland platinum mine in South Africa on Wednesday, resulting in 970 job losses, a senior spokesperson for one of the mine.
Feb 27, 2017· Northam Platinum is delivering on its growth strategy through the acquisition of the Eland platinum mine from Glencore Operations South Africa. The proposed transaction is supplemented by an exclusive chrome marketing agreement with Glencore International to market and sell chrome produced at ...
Jun 07, 2007· Eland''s acquisition of a block of minerals next door to it forms part of its strategy to expand into a millionounce PGM producer. MONEYWEB: Well, Dr David Salter is .
The mine is located on the northern end of the western limb of the Bushveld Complex near the town of Thabazimbi. In December 2017, Northam acquired the ground adjacent to Zondereinde''s western boundary from Anglo American Platinum Limited.
Operational since 1993, Zondereinde is the world''s deepest platinum mine, producing some 300,000 ounces a year. ( Image courtesy of Northam Platinum. Northam Platinum''s strategy of buying additional mines, as its strives to become a 1million ounce a year platinum group metals producer, netted it Glencore''s Eland Platinum mine for R175m cash.
Xsrata Eland Platinum (Brits) is listed on our site as an industry related company''s branch. Their Contact information is here due to an association with the Lead information we provide. This includes, but is not limited to Private Construction Projects, Tenders within the building sector, Main Contractors, SubContractors and Tradesmen.
Northam acquires Glencore''s Eland mine Companies / 27 February 2017, 08:18am / Siseko Njobeni A general view of the entrance of the Eland platinum mine, near Brits in the North West Province.
Jubilee Metals has executed an agreement with Eland Platinum, a whollyowned subsidiary of Northam Platinum, for the processing of platinumrich PlatCro material, postchrome removal. Under the ...
About SibanyeStillwater is a leading international precious metals mining company, with a diverse portfolio of platinum group metal (PGM) and gold operations and projects. We are the world''s largest primary producer of platinum, the second largest primary producer of palladium and the third largest producer of gold (on a goldequivalent basis), as well as a .
NORTHAM Platinum is taking steps to reopen the rhodiumrich Eland Platinum mine that it bought from Glencore two years ago for a bargain price of R175m, which included a full mining fleet. Eland Platinum was on care and maintenance for several years as Glencore mulled its future. Northam is currently refurbishing Eland''s concentrator and in [.]
Nov 13, 2013· Glencore Xstrata starts trading in South Africa, poised to sell Lonmin stake. ... the Wonderkop ferrochrome plant in the North West Province and the Eland platinum mine near Pretoria. ...
Jan 30, 2018· NORTHAM Platinum said it was "well advanced" in developing its mine plan for Eland Platinum, the purchase of which from Glencore was made unconditional today. Previously earmarked for care and maintenance until the platinum price revived, the company is now giving mind to its possible early reopening of Eland given the fact the operation is [.]
Platinum mining in South Africa. In South Africa, the discovery of the first platinum nuggets dates back to 1924. The geologist Hans Merensky''s followup work resulted in the discovery of two deposits, each around 100km in length, which became known as the Bushveld Igneous Complex.
WhatsApp)