Critical milestone reached in Bakubung development project

by Ina King (Potgieter)

Critical milestone reached in Bakubung development projectThe Bakubung Platinum Mine development project reached a critical milestone towards the end of March 2015 when the UG2 platinum reef was intercepted while developing the 77th level at the main shaft. The mine, located on the Western Limb of the Bushveld Complex near Rustenburg in the North West province, is being developed through Wesizwe Platinum’s subsidiary Bakubung Minerals (Pty) Limited.

According to the mine’s general manager Eddie Mohlabi, development is on track with both the main shaft and the ventilation shaft having reached sinking levels of 770 m. In addition, chip samples of the Merensky reef have been collected and sent to Mintek, the South African state-owned minerals research organisation, for sampling and analysis. The initial results are anticipated to be released by mid-May, although the bulk sampling analysis will take approximately five months to complete. These results will aid in the overall set up of the planned process plant.

Progress on these developments, as well as key contact details, are regularly updated on the Africa Mining IQ intelligence portal. Companies subscribing to Africa Mining IQ’s e-mail alerts will be among the first to know about new developments, completed expansions and definitive production expectations, when they are announced.

“The milestones achieved demonstrate that we are on track with the development of the Bakubung Platinum Mine as a whole, and that our considerable efforts are reaping rewards,” Mohlabi commented. “The next major milestone will be the completion of the shaft sinking process, and achieving the next levels. We are aiming to complete the ventilation shaft sinking process by the end of the third quarter of 2015.” The main shaft, anticipated to be ahead of schedule, will follow suit in the first quarter of 2016.

Surface construction at Bakubung, such as building the jigging workshop needed for the steel work to permanently equip the main shaft, is taking place simultaneously to underground developments. With civil works for the project having recently been completed, development of a new mine store is also underway.

All investment opportunities for this mining project, and many others, are available for viewing on Africa Mining IQ. Africa Mining IQ organises projects in terms grassroots, pre-feasibility, feasibility, bankable, active and operational phases. There are 450 mining projects in South Africa valued at approximately R 400 billion, ranging from pre-feasibility through to operational, currently listed on Africa Mining IQ. These include 106 coal mines, 89 industrial mines, 85 platinum mines, 56 gold mines, 23 iron ore mines, 9 nickel mines, 8 uranium mines and 7 diamond mines.

An initial 230 000 tpm will be mined from the Merensky reef at the Bakubung platinum mine, with the balance coming from the secondary UG2 reef. After the Merensky reef has been depleted, between 10 to 15 years from the start of production, the full 250 000-ton capacity will comprise UG2 ore only. Commissioning is expected to take place in 2018.

The Merensky Reef and the UG2 ore will be mined through semi-mechanised or hybrid methods using drills on the face and large haul dump vehicles for cleaning. Crushing will be done underground at the crusher stations to reduce the rock to a size less than 150 mm in diameter.

With over 1 850 projects in Africa currently listed on its online database, The Africa Mining IQ database covers extensive listings on the continent’s prominent minerals. These projects include 710 gold, 146 coal, 131 uranium, 117 diamond, 98 platinum and 83 iron ore. A subscription to Africa Mining IQ provides members with the ability to track, target and record these mining projects with accurate, holistic information that is updated daily and accessible 24/7, 365 days a year.

Benefits to Subscribing to AMIQ

AMIQ tracks over 1 900 projects across Africa. If you want to invest in mining, if you want to invest in Africa, if you provide product or services to mines in Africa, you need AMIQ intel.

Africa Mining IQ has created various analysis reports to provide you with an overview of mining projects in Africa by region, mineral type, and plant type. You can use these reports to analyse growth potential in developing commodity markets and better strategically plan your business development efforts. Africa Mining IQ provides a complete project report for each of the over 1 900 African projects we track, including everything from historical and up to the minute commentaries to contact details for suppliers, engineers and mine owners.

AMIQ has 170 company subscriptions, 20% of which are international. It is becoming easier to do business across the globe. AMIQ is for anyone who supplies a product or provides a service to mines. With key contact details, and being in the know in the early stages of project development, you can build meaningful relationships with the right people and position yourself early for a successful bid for mining projects in Africa. Keep a close eye on developing projects aligned to your business and identify projects, with weekly or monthly alerts. Don’t delay, subscribe to AMIQ today and reap the rewards of comprehensive African mining project intelligence.

Contact Africa Mining IQ today on +27 11 830 2132 to target business opportunities in Africa's growing mining industry!

+ Quick Links

Privacy Policy   Legal Notice   PAIA Manual    PAIA Manual (English)    PAIA Manual (Afrikaans)  
© Copyright 2022 All right reserved.

Projects IQ - Project Intelligence in Africa