Who owns the Marikana mine?
The mine is jointly owned by Anglo American Platinum (AQPSA) and Anglo American Platinum (Amplats), under a 50:50 pooling-and-sharing (PSA) agreement that was signed in 2005. AQPSA is the operator of the mine. Marikana is AQPSA’s second operating mine in South Africa.
Who owns Lonmin mine in South Africa?
Lonmin acquired by Sibanye-Stillwater. On 10 June 2019, Sibanye-Stillwater completed the acquisition of Lonmin Plc.
What happened at Marikana?
What happened at Marikana? On 16 August 2012 a tactical response unit of the South African police shot and killed 34 striking workers and seriously wounded at least 78 others, who were part of a peaceful gathering on public land near the town of Marikana in North West Province.
How many mine workers were killed in Marikana?
34 miners
Monday marks nine years since 34 miners were killed and 78 seriously injured when the police opened fire on protesting miners at Marikana, North West. The incident became known as the Marikana massacre.
Who are the shareholders of sibanye-Stillwater?
Top 10 Owners of Sibanye Stillwater Ltd
Stockholder | Stake | Shares owned |
---|---|---|
Condire Management LP | 0.78% | 5,485,875 |
AQR Capital Management LLC | 0.58% | 4,094,025 |
Van Eck Associates Corp. | 0.49% | 3,496,875 |
Sprott Asset Management LP | 0.48% | 3,357,222 |
Who owns sibanye?
Net sales are distributed geographically as follows: South Africa (65%) and the United States (35%)….SIBANYE GOLD LIMITED.
Name | Title |
---|---|
Neal John Froneman | Chief Executive Officer & Executive Director |
Charl Keyter | Chief Financial Officer & Executive Director |
Thabane Vincent Maphai | Director |
Robert van Niekerk | Chief Technical Officer |
Who owns the most palladium?
1. South Africa. South Africa is the world’s top platinum-mining country and a major producer of palladium. It holds the largest-known reserves of PGMs globally at 63 million kilograms.
The mine is jointly owned by Anglo American Platinum (AQPSA) and Anglo American Platinum (Amplats), under a 50:50 pooling-and-sharing (PSA) agreement that was signed in 2005. AQPSA is the operator of the mine. Marikana is AQPSA’s second operating mine in South Africa. It is located eight kilometres away from the company’s flagship Kroondal mine.
What are the proven and probable reserves of Marikana?
Proven and probable reserves are estimated at 15.61mt graded at 3.14g/t of 4E. Marikana was initially developed through the West-West and Main open pits, which were mined out in 2011.
How much did it cost to build Marikana?
The mine was commissioned at the end of 2002 with an initial investment of R630m ($61m). Marikana was initially developed through the West-West and Main open pits, which were mined out in 2011.
What is the mining method at the Marikana operations?
The mining method will be conventional breast mining. The ore mined at the Marikana operations is processed through six concentrators on site with a combined milling capacity of approximately 600,000t per month.