Why South Africa?

• Platmin well placed in a country that abounds with opportunity

90% of the world’s global platinum mineral resources are estimated to be in South Africa’s Bushveld Complex, and all of Platmin’s projects are located in the Bushveld Complex of South Africa.

• Platinum to palladium ratio of 2:1

Unlike most northern hemisphere PGM deposits which have a ratio of 1 part platinum to 2 parts palladium, the ratio of platinum to palladium in South African PGM deposits is mostly 2:1. South African PGM deposits are therefore economically unique especially since the price of platinum far exceeds that of palladium.

• A strong history of mining

South Africa is the world’s largest producer of platinum, chromium and has been a leading producer of gold since the 1970s. South Africa’s infrastructure has grown to support the mining sector with well developed financial, legal, communications, energy, and transport sectors. Some of the world’s largest mining companies, including BHP Billiton, Anglo American, Rio Tinto, De Beers, Implats, Lonmin, Barrick Gold Corporation and Gold Fields South Africa, have invested and continue to invest in South Africa.

• One of the most stable countries in Africa

South Africa successfully transformed itself into a democratic country in 1994. Since the adoption in February 1997 of a new constitution which established executive, legislative and judicial branches of the South African government, South Africa has continued to be one of the most stable countries in Africa.

• Natural resources found in SA

South Africa is a country rich in natural resources, including gold, chromium, antimony, coal, iron ore, manganese, nickel, phosphates, tin, uranium, gem diamonds, platinum, copper, vanadium, salt and natural gas.

• Economic overview

South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that ranks among the 10 largest in the world; and a modern infrastructure that supports the efficient distribution of goods to major urban centers throughout the region.

Mining facts:

• South Africa accounts for approximately 17% of global new mined gold production.
• South Africa accounts for approximately 70% of new mined platinum production and 55% of new mined PGM production.