Platinum Group Metals Restructures Maseve
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwired - July 7, 2017) - Platinum Group Metals Ltd. (TSX:PTM) (NYSE MKT:PLG) ('Platinum Group' or the 'Company') is taking steps ...
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Maseve platinum mine, South Africa
Name of the Project Maseve platinum mine (formerly Western Bushveld Joint Venture Project 1). Location The Maseve platinum mine is located about 35 km from Rustenburg, in North West, South Africa.
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Fans of Maseve
The Bluhm Burton Engineering (BBE) Group is a global leader in mine ventilation, refrigeration and cooling systems. BBE Projects' MD, Richard Gundersen, talks to Gerhard Hope about the company's involvement with the Maseve mine by Platinum Group Metals (...
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Maseve platinum mine, South Africa
The mine plan for Project 1 was revised in July 2015. The new plan envisages the construction of a platinum mine and a concentrator to produce between 234 000 oz/y and 300 000 oz/y of combined ...
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The stars align
While the platinum majors continue to face economic and financial difficulties, the junior sector is thriving, particularly on the Bushveld Complex's Western Limb. The development of TSX-listed Platinum Group Metals' (PTM) Maseve project is advancing ...
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Western Bushveld Joint Venture (WBJV) Project 1 Platinum Mine
PTM holds 82.9% stake in Maseve Investments 11, the operating company of WBJV Projects 1 and 3. ... a subsidiary of Anglo American Platinum (Amplats), under a mine concentrate off-take agreement entered in April 2013. Financing of WBJV Project 1 platinum mine. The project is funded by a $260m senior loan facility by a syndicate of lead ...
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Developing declines at Maseve
Underground mining contractor JIC Mining Services is proving that the outsourced contractor model remains as successful as ever. Its decline development rates at Platinum Group Metals' …
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Inside Mining: Vol 6, No 4
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Developing declines at Maseve
Underground mining contractor JIC Mining Services is proving that the outsourced contractor model remains as successful as ever. Its decline development rates at Platinum Group Metals' (PTM) Maseve project is perfect evidence of this.
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Platinum Group Metals to restructure mining operations at Maseve
The changes are operationally driven to align costs with a more gradual ramp-up of production using more selective mining methods. [quote]The Maseve mine has good potential in terms of grades, Richard Jansen van Vuuren. 10 July 2017 . Facebook X LinkedIn Email Copy. The Maseve platinum mine site is located on the Western Limb of the Bushveld ...
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BBE Projects follow up order for Maseve platinum project
Following the successful commissioning of two surface main fan stations delivered on a turnkey basis at the end of 2013 to Platinum Group Metals' (PTM) Maseve project — …
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SOUTH AFRICA: Maseve PGM mine sold to RBPlat
Maseve will retain ownership of the mining rights, power and water rights as well as certain surface rights and improvements. Platinum Group's president and CEO R Michael Jones said, "The sale of Maseve will allow Platinum Group to settle a substantial portion of its outstanding debt and focus on the advancement of its large-scale Waterberg ...
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MASEVE PLATINUM MINE | Projects
Redpath Mining South Africa was the principal general contractor, providing bord-and-pillar mining, hybrid mechanized mining and ore transport to Maseve Mine.
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Western Bushveld Joint Venture (WBJV) Project 1 Platinum Mine
Maseve will sell the entire concentrate produced at WBJV Project 1 to Rustenburg Platinum Mines (RPM), a subsidiary of Anglo American Platinum (Amplats), under a mine concentrate off-take …
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DMR grants approval for RBPlat acquisition of Maseve
Maseve is the holder of the mining right underlaying the Maseve mine. With the grant of Section 11 approval all conditions precedent to the completion of the sale of Maseve to RBPlat have now been met. ... On 5 April 2018 Maseve completed the sale of the Maseve concentrator plant and certain surface rights ("Step One") to RBPlat for cash ...
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ATC170906: Report of the Portfolio Committee on Mineral …
The Portfolio Committee on Mineral Resources (the Committee) visited three mines Assen Iron Ore Mine (Manngwe Mining) Bakubung Platinum Mine (Wesizwe Platinum Limited ) and …
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Maseve mine to undergo restructure
The Maseve concentrator plant has performed in excess of design criteria. Completed underground conveyor infrastructure will help reduce the trucking fleet required for …
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Wesizwe Platinum seeks unlawful declaration of $70m Maseve deal
The transaction, first announced in September last year and completed in April, saw Africa Wide paid a 17.1% portion of $58m in upfront cash and the balance in RBPlat shares for Maseve which RBPlat bought from PTM. In September 2017, Maseve was estimated to have had a net asset value of R3.63bn.
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Mining Weekly
TORONTO (miningweekly) – On the heels of completing the commissioning of its Maseve mine plant on March 31, South Africa-focused precious-metals producer Platinum Group Metals (PTM) has ...
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Mining Weekly
Despite monthly output at Maseve increasing to 1 893 oz of 4E, as well as associated copper and nickel in concentrate, the Vancouver-based company has lowered its guidance for concentrate ...
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High Court dismisses challenge against Maseve mine sale
PTM announced in 2017 that it would sell the concentrator and related surface assets owned by Maseve Investments 11 and the shares in and shareholder claims owing by Maseve to RBPlat for about $70 ...
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Mining Weekly
Location The Maseve platinum mine is located about 35 km from Rustenburg, in North West, South Africa. Client Development of the project has been conducted through Maseve Investments 11. As of ...
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shibang/sbm inside mining april 2013 maseve.md at master
Maseve's mechanised magic Mining News Apr 11,2013 · Th e project's mining right application was granted in April 2012 and the 275 000 ozpa 4E PGM project's construction has been …
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mining april 2013 maseve
The article, in January 2013, detailed how the Russian atomic energy agency, Rosatom, had taken over a Canadian company with uranium-mining stakes stretching from Central Asia to …
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Platinum Group Metals Reports on Maseve Mine Operations
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwired - April 4, 2017) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ('Platinum Group' or the 'Company') reports that ...
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Platinum Group Metals Maseve Update and
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2016) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ('Platinum Group Metals' or the 'Company') reports that during April 2016 the Maseve ...
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The Maseve success : commodity : platinum | Inside Mining
Maseve, also known as the Western Bushveld Joint Venture Project 1 platinum mine, in the North West province, will mine one of the last large, near-surface sections of the Merensky Reef above 1 000 m. With surface and underground infrastructure nearly completed, this promising mine is set to deliver impressive platinum yields.
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Maseve mine to undergo restructure
A 'hybrid' mining method is under consideration, which would result in a transition from the current higher volume, mechanised bord-and-pillar mining method. Hybrid mining involves mechanised access drives using the mine's current equipment as well as conventional manual methods for stoping.
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id/16/inside mining april 2013 maseve.md at main
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PTM asks Amplats for indicative offer as considers Maseve sale
It subsequently impaired Maseve for $41.4m in 2016. Then in January it said it would issue 600,000 shares to Sprott Resource Lending Partnership and Liberty Metals & Mining Holdings in return for waivers on existing loan facilities and extensions of covenants. "Maseve is unlikely going to make it," said one banking source in Johannesburg.
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