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Northam achieves record operating profit for 2019 financial year

PGM miner Northam has achieved a record operating profit of R2.4 billion for the financial year ended 30 June 2019 – representing a 192.7% increase from the previous corresponding period which totalled R823 million.
Booysendal Doppelmayr

Booysendal expansion delivers excellence

Northam Platinum’s R5.6 billion investment in expanding (or nearly quadrupling) its Booysendal PGM production to approximately 500 000 ozpa is a significant capital investment – showing the company’s confidence in South Africa and the future of the PGM market.

Northam ups credit facilities to R3Bn to continue funding growth initiatives

PGM miner Northam has secured a new R1 billion two-year unsecured revolving credit facility to see it through a capital intensive period which includes the delivery of a major new mine at Booysendal.

DRA safety standards acknowledged by Asanko Gold

Following on the announcement that the Ghana-based Asanko gold mine is preparing for hot commissioning in December 2015, engineering firm DRA Global would like to thank Asanko Gold for the opportunity to be involved...

Northam Platinum concludes Everest acquisition

JSE-listed platinum miner Northam Platinum has concluded its R450 million acquisition of the Everest operation from Aquarius Platinum South Africa, taking it a step closer to quickly expanding its PGM output from within its...