Company profile

Our group and operations

Northam is an independent, empowered, integrated PGM producer. Our strategy is to grow production down the cost curve whilst reducing operational risk. Our aspirational target is to produce 1 million oz 4E pa.

Mineral Resources estimated as at 31 December 2022
(Select image to view large operations map)

Zondereinde mining operations

Zondereinde is a mature mine, which has successfully mined PGM ores from the narrow tabular Merensky and UG2 Reefs since 1992.

321 901 oz 4E

F2023 equivalent refined metal from own operations

Location:

The Zondereinde mine is situated in the northern portion of the western limb of the Bushveld Complex, approximately 30 km south of the town of Thabazimbi in the Limpopo Province. The mining right covers 9 257 hectares, and is underlain by both the Merensky and UG2 Reefs.

Mineral Reserves and Mineral Resources:

Resources: 78.91 Moz 4E
Reserves: 14.82 Moz 4E

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.

Precious metals refining

Since inception, Northam’s precious metals have been refined by Heraeus Deutschland GmbH & Co. KG in terms of a toll refining agreement. With the recent expansion of output Northam has recently contracted Johnson Matthey’s precious metals services to diversify its refining capacity.

Booysendal mining operations (North and South mines)

Booysendal is an established multi-modular mining complex, with overall ore production approaching planned steady state over the next two years.

452 903 oz 4E

F2023 metal in concentrate produced from own operations

Location:

The Booysendal mining right covers some 17 950 hectares and hosts both the Merensky and UG2 Reefs, which outcrop over a strike length of 14.5 km and dip at 10° to the west.

Mineral Reserves and Mineral Resources:

Resources: 100.41 Moz 4E
Reserves: 11.07 Moz 4E

Eland mining operations

Eland is a shallow hybrid UG2 mine, ramping up to planned steady state over the next six years.

48 800 oz 4E

F2023 metal in concentrate produced from own operations

Location:

Eland mine is located in the south-eastern portion of the western limb of the Bushveld Complex, some 70km north of Johannesburg and 12 km east of Brits, in the North-West Province of South Africa.

Mineral Reserves and Mineral Resources:

Resources: 14.70 Moz 4E
Reserves: 3.27 Moz 4E