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Annual Report 2003
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  General manager's report    View associated pdf (1.29MB)
 | The year at a glance | Mining | Metallurgy | Resources and reserves | Financial review | Safety, health and environment
 
  Metallurgy
Total metals in concentrate produced at the mine increased by 22.4% to 10 354 kg (3PGE+Au) compared to the previous year. Sales of refined metal however, increased by only 2.6% to 9 174 kg as a result of a build-up in inventory of 890 kg in the refining pipeline subsequent to re-commissioning the smelter. 

The Merensky concentrator operated as planned achieving an average recovery for the year of 88.6% (F2002: 88.6%). The average recovery at the UG2 concentrator during the year improved to 80.3% from 79.5% the previous year. 

Smelter feed was 7.5% higher for the year at 84 200 tonnes of concentrate which included 6 900 tonnes of Anglo Platinum toll material. In January the smelter was shut down for a complete furnace rebuild after operating continuously for the past eleven years. The entire project was successfully completed and the plant was recommissioned during March 2003. During the shutdown period, some 8 500 tonnes of Northam concentrates were toll treated by Impala Refining Services. 

The Base Removal Plant operated satisfactorily during the year achieving very good average recovery rates. Good use was made of the time during the smelter shutdown to carry out maintenance work on this plant. 

Metallurgical research and development in the forthcoming year will be focused on achieving optimal liberation of PGMs, a reduction of chrome in concentrate and improved concentrate grades.
 
Refined precious metals produced in concentrate F2003 F2002

kg oz   kg oz

Platinum 6 399 205 732 5 202 167 248
Palladium 3 123 100 407 2 516 80 891
Rhodium 618 19 869 562 18 069
Gold 214 6 880 178 5 723
Total (3PGE+Au) 10 354 332 888 8 458 271 931
Other PGMs 1 617 51 987 1 313 42 214
Copper (tonnes) 864 - 825 -
Nickel (tonnes) 1 508 - 1 352 -

  
Refined precious metal sales F2003 F2002

kg oz kg oz

Platinum 5 571 179 108 5 523 177 580
Palladium 2 771 89 086 2 699 86 758
Rhodium 645 20 744 539 17 325
Gold 187 6 009 183 5 883
Total (3PGE+Au) 9 174 294 947 8 944 287 546
Other PGMs 1 464 47 072 1 120 36 009
Copper (tonnes) 864 - 825 -
Nickel (tonnes) 1 508 - 1352 -

 

Northam Platinum Limited
AR 2003
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