RBPlat swings to profit as PGM prices surge

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RBPlat swings to profit as PGM prices surge
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The community-owned PGM miner lost 45 days of production due to the Covid-19 lockdown

Workers at RBPlat’s Styldrift Mine in North West celebrate the intersection of the Merensky Reef 600m below the surface. Picture: KATHERINE MUICK-MERE

RBPlat, which is 40% owned by a North West province community investment holding company, Royal Bafokeng Holdings, said its production of platinum, palladium, rhodium and gold at its two mining operations fell by 13% in the six months to end-June compared to 2019. RBPlat owns the Bafokeng Rasimone Platinum Mine and is ramping up its new Styldrift mine to steady state production.

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