Company profile

Our group and operations

Northam is an independent, fully empowered, integrated PGM producer. All operating mines and recycling operations are wholly owned. Our aspirational target is to produce 1 million oz 4E pa.

Operations in SA [map]

Operations in SA [map]

Select image to view large operations map


Northam Zondereinde [logo]

Zondereinde mining operations

An established, conventional, long-life operation mining the UG2 and Merensky ore bodies.

290 000 oz 4E

forecast production for F2021

350 000 oz 4E once the Western extension has been fully developed

>30 yrs

extended life of mine

The acquisition of the Western extension provides access to additional Merensky and UG2 resources, and increases the life of mine to more than 30 years

4%

of after tax profits

Toro Employee Empowerment Trust profit share scheme

Location:

On the northern portion of the western limb of the Bushveld Complex near the town of Thabazimbi.

Mineral Reserves and Mineral Resources:

Reserves: 13.3 Moz 4E
Resources: 104.0 Moz 4E

Developments:

Due to the impact of the COVID-19, the Western extension access project has been partially suspended, whilst the deepening project is being temporarily limited to currently accessed mining levels.

Further brownfields expansion is possible.

Metallurgy

Zondereinde metallurgical operations

Northam’s activities are integrated. From underground mining through to concentrating, smelting and base metal removal. Precious metal refining is outsourced.


Heraeus Deutschland GmbH & Co. KG

Toll refining through a long-term agreement with Heraeus Deutschland GmbH & Co. KG (Heraeus). Heraeus is a registered member of the London Platinum and Palladium Market and has London-Zurich ‘Good Delivery’ status for metal production. The refinery in Hanau is subject to strict European Union materials handling protocols. Product transportation is also strictly defined by international aviation regulations.

Northam Booysendal [logo]

Booysendal mining operations comprising of North and South mines

Established and expanding shallow, mechanised, room and pillar mining complex.

330 000 oz 4E

forecast production for F2021

500 000 oz 4E from Booysendal North and South mines at steady state

>25 yrs

life of mine

Booysendal’s existing operations

Location:

Near the town of Mashishing (formerly Lydenburg) in the southern compartment of the eastern limb of the Bushveld Complex.

Mineral Reserves and Mineral Resources:

Reserves: 13.4 Moz 4E
Resources: 109.6 Moz 4E

Developments:

The extensive ore body lends itself to brownfields expansion opportunities, which are currently being established.

Further expansion is possible.

Northam Eland [logo]

Eland mining operations

A shallow hybrid mine currently in development with planned steady state of 150 000 oz 4E per annum.

Planning to mine at

50 000 oz 4E

forecast production for F2021

Treating third party material through the concentrating plant. Development of Kukama shaft commenced. Development rate significantly reduced whilst COVID-19 uncertainty remains.

Tailings retreatment and recommissioning of concentrating plant taking place

Development of Kukama shaft approved by the board and commencing F2020


Mineral Reserves and Mineral Resources:

Reserves: 3.0 Moz 4E
Resources: 19.3 Moz 4E