Wesizwe Platinum halves output plans for 2020 as it hits Covid-19 hurdle
One of SA's rare new mines slashes output forecast as a consequence of the lockdown and a fatal accident at the Bakubung Platinum Mine
30 September 2020 - 18:50
Wesizwe Platinum, which plans to bring a new mine into production during 2021, has cut its production forecast in half for 2020 because of the Covid-19 pandemic and a fatal accident at the Bakubung Platinum Mine.
Wesizwe started the construction of the mine in 2011, securing a $227m (R3.7bn) cash injection by China Africa Jinchuan Investments for a 45% stake in the company and $650m in project development funding from China Development Bank...
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