Chairman's review

I must, on behalf of the Board, start my review by congratulating the RBPlat team on achieving the ramp-up to 150ktpm at Styldrift Mine before year-end. Well done, we have every confidence that you will achieve your next target of ramping up to 230ktpm in 2020

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Chief Executive Officer's strategic review

I am delighted to be able to report that despite operating in a very challenging socio-economic environment we made good progress with a number of our strategic objectives in 2018.

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Who

We are a mid-tier PGM producer mining the Merensky and UG2 reefs.

Competitive position on the industry cost curve.

Following our acquisition of Anglo American Platinum's 33% participating interest in the BRPM Joint Venture, held through its wholly owned subsidiary Rustenburg Platinum Mines (RPM) we became sole owner of our operations consisting of the:

  • Bafokeng Rasimone Platinum Mine (BRPM)
  • Styldrift Mine
  • BRPM and Maseve concentrators

Where

What

Conventional and hybrid mining
(Conventional mining began in 1998)
Mechanising mining
(High margin mechanised bird and pillar operation ramped up in 2018)
Benefication
BRPM concentrator
Maseve concentrator
Smelting and refining
Royalty agreements
Our strategy is underpinned by our aspiration of achieving More than Mining
TOWARDS OPERATIONAL EXCELLENCE
BUILD
FLEXIBILITY
TO ENSURE SUSTAINABILITY
GROW
ORGANICALLY - Positioning
RBPlat to compete
over the long term
PURSUE
VALUE-
ENHANCING
OPPORTUNITIES