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Booysendal South platinum mine project, South Africa – update

Image of Booysendal mine

Photo by Northam Platinum

6th September 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Booysendal South platinum mine project.

Location
About 35 km west of Mashishing, straddling the border of Limpopo and Mpumalanga, in South Africa.

Project Owner/s
Independent integrated platinum group metals (PGMs) producer Northam Platinum.

Project Description
Booysendal South incorporates the infrastructure of Aquarius Platinum’s former Everest mine, which Northam acquired in June 2015 for R450-million.

The acquisition of Everest included a 250 000-t-a-month concentrator, underground access and equipment, a tailings storage facility (TSF), workshops and offices, infrastructure, and access to power and water.

The South mine includes three upper group two (UG2) modules – BS1, BS2 BS4; and one Merensky module (BSM).

The current plan unlocks mineral reserves of almost seven-million ounces of platinum, palladium, rhodium and gold, or 4E PGMs, mineable over an estimated 25-year mine life.

Booysendal South mine will sustain production at 250 000 oz of 4E PGMs for more than 25 years.

In an innovative application of engineering solutions, Northam has installed an aerial rope conveyor system to transport ore over challenging terrain, at low operating cost, while minimising environmental impact. The system comprises two independent but linked rope conveyors that allow for the transport of ore from the BS1, BS2 modules, as well as over-spill production from the adjacent Booysendal North mine, to the Booysendal South concentrator, which is almost 5 km away. The conveyor has a capacity of 1 150 t/h.
 
The first phase comprises 12 tower structures, which support the conveyor. The construction of the second phase comprises seven tower support structures.

Northam has said that project expansion is possible.

Potential Job Creation
The project has created about 3 500 long-term jobs to the benefit of local and national economies.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
R5.6-billion.

Planned Start/End Date
The mine achieved steady-state production during the 2024 financial year.

Latest Developments
Northam has reported in its ‘Annual Integrated Report 2024’ that the Booysendal South mine is now beyond the project phase.

Mining has, however, been suspended at the BSM module. Meanwhile, BSM reserves will be mined from the BNM module.

Stoping build-up has continued at the BS4 UG2 module. Ramp-up will continue to steady state of about 20 000 oz 4E in concentrate during the 2025 financial year.

Reconfiguration of the Booysendal South TSF is progressing well. Permitting for an expansion to the TSF is in progress, which will allow for further concentrator throughput, together with storage capacity for the life of South mine.

Ore from the BSM module, together with that from the BNM module, is being fed to the South concentrator by the North aerial rope conveyor. The BNM module has now ramped up to its Phase 2 capacity of about 50 000 oz/y 4E in concentrate.

Key Contracts, Suppliers and Consultants
Doppelmayr Transport Technology (Ropecon); WBHO (Phase 1 contract for the establishment of the Booysendal South central road and boxcut); and DRA (engineering, procurement and construction management contractor).

Contact Details for Project Information
R&A Strategic Communications, on behalf of Northam Platinum, tel +27 11 880 3924 or email northam@rasc.co.za.
 

Edited by Creamer Media Reporter

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