- R883.5 million cash on hand generated by our operations
- R1 715.9 million debt excluding R1.6 billion owing to Amplats for the acquisition of its 33% interest in the BRPM JV
- R1 142.7 million in undrawn credit facilities
It is disappointing to once again be reporting on a year when the dismal state of the South African economy has made life very difficult for business and the communities in which we operate.Read chair's review
While overall 2019 was a bumpy year, both in terms of the negative impact of the poor state of the country's economy
on our operating environment and our own operational challenges, we were able to make good progress...
Our strategy is to be a South African mining company producing PGMs and offering a clear value proposition to outperform the market. We aspire to achieve More than mining and are proud of our positive social impact as a transformation leader.
We sell all our product to one major client who we rely on to process and market our product.
Our performance-driven culture and our aspiration to achieve zero harm results in operational excellence. We manage our assets with high optionality and flexibility, which allows us to react quickly to changing market conditions. We grow organically through internal expansion and value enhancements. Within the industry we proudly contribute in leading industry roles both locally and internationally.
Our ore bodies are highly competitive and our processing plants are very efficient. We take pride in our people and our ability to use appropriate, proven technologies to our advantage. Our financial standing is very sound and we proudly represent the RBPlat brand.
Strategic pillar 1:
Towards operational excellence
Strategic pillar 2:
Build flexibility to ensure sustainability
Strategic pillar 3:
Grow organically — positioning RBPlat to compete over the
Strategic pillar 4:
Pursue value enhancing opportunities
Metal contribution to revenue
Royalty agreements with Impala Platinum Limited (Implats), give it the right to mine areas at the extremities of our ore bodies that are close to its shafts. These agreements have made it possible to bring forward cash flows from this Resource
|Type of operation||Conventional and hybrid mining with access via twin decline shafts (depth of less than 500m)||Mechanised bord and pillar mining, accessed via a vertical Main shaft (753m) and a vertical Services shaft (723m)|
|Our concentrators||BRPM concentrator||Maseve concentrator|
|Type of operation||250ktpm capacity, traditional MF2 process with ultra-fine grinding circuit (IsaMill™) producing 2.7t of saleable concentrate per 100 tonnes of virgin rock processed||110ktpm capacity (upgradeable to 160ktpm), traditional mill float (MF1) process upgradeable to MF2 producing 2.6t of saleable concentrate per 100 tonnes of virgin rock processed|
|Merensky reef prill split|
|64.68% platinum||26.74% palladium||4.34% rhodium||4.24% gold|
|UG2 reef prill split|
|59.16% platinum||29.28% palladium||11.00% rhodium||0.56% gold|