Drilling at Ivanhoes' Platreef project in South Africa

Canadian based Ivanhoe Mines report that they are now employing over 650 men and women at their Platreef Project following a six-month hiatus in production.

Residents of the local Mokopane area hold more than 500 jobs at Platreef on the Bushveld’s Northern Limb, in Limpopo province. This represents some 78% of the workforce.

Normal operations have been successfully re-established at the site of the company’s underground mine on the Platreef resource, following the formal activation of the company’s long-term mining right by the Department of Mineral Resources on November 4.

CEO of Ivanhoe, Mr. Johansson commented:

“We are making a meaningful contribution to the relief of the area’s acute level of unemployment and we appreciate the interest that has been expressed by supportive residents of our neighbouring communities who see themselves as beneficiaries and partners in our broad-based, black economic empowerment structure that has been designed to help advance the realization of their aspirations.”

The mine will produce platinum, palladium, nickel, copper, gold and rhodium and the priority at the mine site is the completion of the excavation at the box cut to establish access for the construction of the large concrete surface collar for Shaft #1. This will be the initial production shaft in the first phase of Platreef’s development. The collar also will serve as a base that will anchor the headframe structure and house the ventilation opening.

External contractors also employ locals

There are nine external contractors that provide the balance of the workforce at Platreef, the current proportion of workers drawn from the local area ranges between 100% and 70%.

The resumption of work is enabling Ivanplats (wholly owned subsidiary of Ivanhoe mines) and their contractors to fulfill their commitment to create jobs and give priority to local residents when recruiting.