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PGM gets Western Bushveld numbers

AN INDEPENDENT preliminary assessment at Platinum Group Metals’ Western Bushveld joint venture in South Africa has indicated a project costing an initial $US220 million with a pre-tax NPV of $US294 million and an internal rate of return of 18.9%.

Ben Sharples
PGM gets Western Bushveld numbers

The preliminary mine plan involves the sinking of twin vertical shafts to 665m to access the higher grades of the resources on the Merensky Reef, with expected production of around 250,000 ounces of platinum,...

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