Our business is mainly focused on the successful development of the BPM and its surrounding community of Ledig. With 17 000 residents, Ledig lies directly north of the mine. The project encompasses an underground mine that will comprise twin independent vertical shafts and a shorter third shaft. The main shaft will be for miners and materials, with a second shaft for ventilation. The third shaft is intended for support functions, added ventilation and as an escape route. The main shaft is intended to have a hoisting capacity of 250 000 tonnes of ore and 15 000 tonnes of waste per month. An initial 230 000 tons per month will be mined from the Merensky Reef, with 20 000 tpm coming from the secondary UG2 Reef. After the Merensky Reef is depleted (between 10 to 15 years from the start of production), the full 265 000 tpm will comprise UG2 ore only. The Merensky Reef and the UG2 ore will be mined through semi-mechanised or hybrid methods using conventional methods on the face and mechanised ore-handling and development.
December 2017 Final estimated to be released on Saturday , 31 March 2018
Wesizwe Platinum is a public company incorporated in the Republic of South Africa with its shares listed on the JSE Securities Exchange (JSE).
Our intention is to enter into PGM mining in South Africa as the launch pad for growing into a significant multi-commodity mining company that sets new benchmarks for sustainable mining practices. The development of a new underground mine to access one of the last remaining sizeable and viable Merensky and Upper Group 2 (UG2) Chromitite layer PGM ore bodies is our flagship project. Located on the Western Limb of the Bushveld Complex, near the town of Rustenburg in the North West province, is the Bakubung Platinum Mine (BPM) site, home of our flagship project. We also hold a 17.1% interest in neighbouring Projects 1 and 3 of Maseve Investments 11 (Pty) Limited (Maseve), held through a subsidiary company, Africa Wide Mineral Prospecting and Exploration (Pty) Limited. Maseve is operated by Platinum Group Metals Limited (PTM) Canada.