Why South Africa?

• Platmin’s expertise in South Africa is well placed for a country that abounds with opportunity:

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

• 2:1 Platinum to Palladium Ratio

Unlike most northern hemisphere PGM deposits which have a ratio of 2 parts palladium to 1 part platinum, the ratio of platinum to palladium in South African PGM deposits is mostly 2 : 1. South African deposits are therefore economically unique given that platinum and palladium are normally found in the same geological bodies, and given that the price of platinum far exceeds that of palladium.

• South Africa has a strong mining history

South Africa is the world’s largest producer of platinum, chromium and has been a leading producer of Gold since the 1970’s. 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 Consolidated Mines Limited, Lonmin, Barrick Gold Corporation and Gold Fields South Africa, have invested and continue to invest in South Africa.

• South Africa is one of the most stable countries in Africa

Since the adoption of a new constitution in February of 1997 which established executive, legislative and judicial branches of the South African government, South Africa has continued its status as one of the most stable countries in Africa. South Africa successfully transformed itself into a democratic country in 1994 and celebrates many years of democracy since 1994.

• Natural Resources found in SA:

Gold, chromium, antimony, coal, iron ore, manganese, nickel, phosphates, tin, uranium, gem diamonds, platinum, copper, vanadium, salt, 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 supporting an 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 PGMs production.