Risk and valuation analysis of the Western Bushveld JV Project |
Status Risk : Feasibility |
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Title(s) of the Western Bushveld JV Project |
| Platinum Group metals Ltd Interest: 37% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Platinum Group Metals Ltd. holds a 37% interest in the WBJV and is the project Operator. Anglo Platinum Limited (AMS-JSE) holds a 37% interest and Africa Wide Mineral and Prospecting Pty Ltd. holds a 26% interest, in compliance with the 10 year objective of the South African Mining Charter. All parties contribute on a pro-rata basis to the ongoing exploration and development program. |
| Anglo Platinum Interest: 37% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Western Bushveld JV Project |
The Western Bushweld JV is located among key high-grade platinum mines, including Amandelbult, Union, BRPM and Impala.
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History of the Western Bushveld JV Project |
The Western Bushveld Complex has been mined for 80 years and has twelve profitable mines that produce 70% of the world's platinum production. In contrast, the northern and eastern limbs support less of a proven track record of platinum mining.
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Geology of the Western Bushveld JV Project |
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The Bushveld Complex is an enormous body of rock that cooled from a molten intrusion 2 billion years ago. The intrusion is more than 330 kilometers across at surface and can be seen from space.
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