ABOUT US
About us
Platmin (PPN:TSX, PLN:JSE), an independent, developing mid-tier producer of platinum group metals (PGMs), is incorporated in Canada as a mineral exploration company involved in the exploration and development of PGM deposits on the world’s premier PGM resource, the Bushveld Complex in South Africa.
The group’s first mine, the Pilanesberg Platinum Mine, found on the far reaches of the western limb of the Bushveld Complex, is currently in development. Platmin also has interests, both direct and indirect, in several other PGM projects, including the Magazynskraal project, located in close proximity to PPM on the western limb and the Mphahlele project on the eastern limb of the Bushveld Complex. Additional growth opportunities are being investigated with Platmin’s primary shareholder, Pallinghurst Resources Limited.
With a primary listing on the Toronto Stock Exchange (TSX) and a secondary listing on the JSE Limited (JSE), Platmin has ready access to international capital markets. At the end of December 2009, Platmin had a market capitalization of C$574 million (US$598 million; ZAR4.5 billion).
Key strengths
Platmin’s strength lies in the combination of its quality assets, management skills, partnerships and its ability to finance its projects and explore for and develop PGM mineral resources located in the world’s largest PGM district.
Mission & strategy
Platmin’s mission is to explore for PGM resources and to develop and operate PGM mining operations with key partners in a sustainable way, by complying with safety, health and environmental standards within the ambit of our social responsibilities.
BEE
Platmin’s BEE partner, the Moepi group of companies, owns an effective indirect stake of 25.13% in Boynton Investments, Platmin’s operating subsidiary in South Africa. Moepi's major shareholder is the Bakgatla-ba-Kgafela tribe (50.1%). This community of more than 350 000 people resides in the Pilanesberg region of the western Bushveld Complex.
Annual report
Annual Report for the year ended December 31, 2010 (PDF - 2.06MB)
Notice of Annual and Special Meeting of Shareholders
(PDF – 302KB)