Sibanye realises synergies from its R4.3bn purchase of Lonmin
The company relocates one of the concentrators it has at Marikana mine in SA, where there is excess concentrator capacity, to Mimosa platinum mine in Zimbabwe
05 November 2019 - 20:32
Sibanye-Stillwater, the world’s largest platinum miner, sold one of its concentrator plants at the recently acquired Lonmin assets to underpin and expand production at a mine it shares in Zimbabwe.
The Mimosa platinum group metals (PGM) mine in Zimbabwe is an old operation that has been pushed beyond its capacity, and its mill — a large, spinning drum used to break ore into fine material to expose the metal — has broken down unexpectedly...
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