InfoisInfo South Africa

Northam Platinum
Fashion in Johannesburg

www.northam.co.za
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Remember you found this company at Infoisinfo +27 11 759 600?

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1A Albury Park Magalieszicht Avenue Dunkeld West. Johannesburg. Gauteng. 2196
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What you should know about Northam Platinum

Jewellery in Johannesburg, Jewellers in Johannesburg, Mining in Johannesburg, Copper in Johannesburg

Northam Platinum Limited is a mid-tier platinum company listed on the JSE. Northam wholly owns and operates a PGM mine in South Africa’s Bushveld Complex.

Corporate governance The board and board appointed committees. Northam’s in-house marketing department is responsible for marketing and sales of product both domestically and to the major global markets in Asia, Europe and North America. The primary consumers of these metals are the motor manufacturing industry, the jewellery industry, and other industrial sectors. In the automotive sector PGMs are used in exhaust systems, specifically in autocatalysts, which help to reduce the noxious gases which are released into the atmosphere. Platinum jewellery has traditionally had huge appeal in Asia; the global jewellery sector accounted for uptake of approximately 38% of platinum in PGMs have recently also attracted investment appeal, with the launch of Exchange Traded Funds, which gives investors exposure to physical metal holdings. Northam has extensive training and development programmes in place to educate, train and develop individuals with the appropriate skills, knowledge and experience to ensure the availability of a sufficient skills base for the company. The company also offers in-service training to participating individuals during their vacations. Successful bursars are subsequently entered into a two-year graduate internship programme before being appointed to the Northam workforce. In 2015, work started on a further expansion to the North mine with the development of the Merensky module. The labour component comprises a stoping and development crew, for establishing additional mining sections if needed. The sequence is subject to thinning in the southern portion, which is linked to the Bushveld rocks abutting basement highs. This has led to the characterisation of three geozones within the Booysendal concession, these being the normal, slump and abutment geozones. The internal structure of the UG2 reef is similar to that found on the Bushveld western limb, whilst the Merensky reef is typical of the northern portion of the Bushveld eastern limb. Geological understanding of the project area is informed by data from an extensive exploration program, comprising field mapping, diamond and percussion drilling, geophysical and geotechnical studies, complemented by underground mapping and modelling from the developing UG2 North mine. Development of the first of the planned four mining modules was completed during The UG2 North mine is being developed as a mechanized room and pillar operation. Development rates at full production required to convert mineral resources to mineral reserves should not be onerous. A reverse decline system consisting of two barrels (excluding the Merensky reef access barrel). The main barrel contains the conveyor belt and chairlift for the transfer of rock and personnel. This buffer storage capacity will allow operations to continue on the reef horizon for up to 12 hours when the footwall conveyor is off line. The placement of the conveyor in the footwall (ore pass capacity) generally allows for rock hoisting to surface to take place during off peak periods. The north shaft complex for the first module comprises four declines, three on reef and one in the reef footwall accessed by two reverse declines. The final concentrate product is dried in the concentrate filter building and stored in a bin ready for loading onto a truck and shipment to the smelter.
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