Modikwa - UG2 Project
Modikwa - UG2
Country South Africa 
Province Limpopo
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Platinum -
Explores for
Last updated on 6/30/2010 - Terms of Use
Risk and valuation analysis of the Modikwa - UG2 Project
Status Risk : Production
Country Risk : Important
Title(s) of the Modikwa - UG2 Project
African Rainbow Minerals Ltd
Joint venture: 50%
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During 2001 a 50:50 JV agreement was signed between Rustenburg Platinum Mines and ARM Mining Consortium Limited.ARM’s effective stake in Modikwa is 41.5%, through its 83% ownership of the ARM Mining Consortium. The other 8.5% is held by the Mampudima and Matimatjatji community companies through their 17% shareholding in the ARM Mining Consortium.
Location of the Modikwa - UG2 Project
The Modikwa platinum underground mine is situated some 15km north of Burgersfort and 15km east of Steelpoort, along the border between the Mpumalanga and Limpopo provinces in South Africa. Located at longitude 30º10’S and latitude 24º40’E, the site is accessed via the R37 road between Polokwane and Burgersfort.
History of the Modikwa - UG2 Project
Exploration in the area started in the mid 1920s with the discovery of the Merensky Reef. During the late 1980s further drilling was completed on the UG2 and Merensky reefs. In the late 1990s a feasibility study was completed on the exploitation of the UG2.
Data last updated on : 6/1/2005
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