Platinum Group Metals Ltd. receives initial US$58m from Maseve …
RBPlat is next ("Step Two") to acquire of the shares in Maseve, the holding company of the Maseve Mine, and all shareholder loans owed by Maseve, for an aggregate consideration valued at ...
The stars align
While the platinum majors continue to face economic and financial difficulties, the junior sector is thriving, particularly on the Bushveld Complex's Western Limb. The development of TSX-listed Platinum Group Metals' (PTM) Maseve project is advancing ...
Mining right granted for Maseve project
Scaler emerging from the box cut at the Maseve project Johannesburg, South Africa — 10 April 2012 – TSX-listed Platinum Group Metals (PTM) has announced that it has been granted a mining right for its Maseve JV development with Wesizwe Platinum.. Miningmx reports that the two partners have already commenced and funded …
Platinum Group Metals Provides Update on Maseve Mine …
Maseve Mine Primary development at the Maseve Mine accessed mining Block 11 in mid-August. Block 11 hosts some of the best grade thickness ore at the Maseve Mine and is an important part of the ...
Platinum Group Metals concludes US$74 million sale of Maseve
Platinum Group Metals and RBPlat executed definitive sale and purchase agreements on 23 November 2017 in a transaction valued at approximately US$74 million (Maseve sale transaction).Step one may now proceed, with payment of US$58 million in cash to Maseve to occur coincident with the registration of the applicable surface rights …
Mining Weekly
The sale of the Maseve mine is important for PTM [as it allows the company] to reduce debt and . . . focus on our large-scale Waterberg palladium discovery. "RBPlat will be able to preserve jobs and combine Maseve with its adjacent operations," PTM CEO R Michael Jones said in a separate statement.
Maseve mine to undergo restructure
The Maseve concentrator plant has performed in excess of design criteria. Completed underground conveyor infrastructure will help reduce the trucking fleet …
Mining Weekly
The production ramp-up at the cornerstone Maseve 4E mine has been behind schedule since commissioning in April 2016, owing to poor mining contractor performance and delayed infrastructure completion.
SOUTH AFRICA: Maseve PGM mine sold to RBPlat » African Mining …
Platinum Group Metals has entered into a term sheet to sell Maseve Investments 11 Pty Ltd to Royal Bafokeng Platinum Ltd (RBPlat) in a transaction valued at approximately US$74 million. Maseve holds the Maseve PGM Mine on the Western Limb of the Bushveld Complex near Rustenburg, South Africa. Platinum Group, which owns an indirect 82.9% …
PLATINUM: Maseve mine ramps up with bought …
The mill is targeted to produced 185,000 oz. of all four metals this year. It will ramp up to steady state production of 250,000 oz./year for the first phase. The August 2015 technical report, available …
BBE Projects follow up order for Maseve platinum project
Following the successful commissioning of two surface main fan stations delivered on a turnkey basis at the end of 2013 to Platinum Group Metals' (PTM) …
The Maseve success : commodity : platinum | Inside Mining
Maseve, also known as the Western Bushveld Joint Venture Project 1 platinum mine, in the North West province, will mine one of the last large, near-surface sections of the Merensky Reef above 1 000 m. With surface and underground infrastructure nearly completed, this promising mine is set to deliver impressive platinum yields.
Platinum Group Metals sells Maseve to Royal Bafokeng Platinum
The deal between Platinum Group Metals and Royal Bafokeng Platinum (RBPlat) will see RBPlat pay US$62 million in cash and $12 million in RBPlat common shares. Maseve is the operating and holding company for the Maseve mine, located on the Western Limb of the Bushveld Complex near Rustenburg, South Africa.
The stars align
The development of TSX-listed Platinum Group Metals' (PTM) Maseve project is advancing rapidly, which can be largely attributed to the 'perfect' working relationship …
Platinum Group Metals Announces Proposed Sale of Maseve …
As reported in a news release dated July 17, 2017, active mining had been suspended at Maseve. Lender and investor support for further investment at Maseve in restructuring a more conventional ...
Platinum Group Metals Ltd. Restructures Maseve Platinum …
The Maseve concentrator plant has performed in excess of design criteria. Completed underground conveyor infrastructure will help reduce the trucking fleet …
BBE Projects follow up order for Maseve platinum project
Following the successful commissioning of two surface main fan stations delivered on a turnkey basis at the end of 2013 to Platinum Group Metals' (PTM) Maseve project — being built by the Western Bushveld Joint Venture (WBJV) — BBE Projects is now executing a subsequent order for an additional two fan stations. ... International …
PTM to slash jobs, downscale output as clock ticks on Maseve
PLATINUM Group Metals (PTM), the Toronto-listed mining company, is to reduce the production target of its Maseve mine in a restructuring that will affect a "large" number of employees and contractors. It also appears that the company has about four months to make a new mining plan work in terms of a waiver provided by […]
MASEVE PLATINUM MINE | Projects
Previously, Redpath had successfully been providing efficient long hole mining services to Blocks 9 and 12. 105,000 TONS / MONTH. EXTRACTION RATE. (3,500 tons / day) 1 km CONVEYOR. INSTALLED. AND MAINTAINED. ENGINEERING HUB INNOVATION. COMPLETE ENGINEERING FUNCTION OF TRACKLESS MOBILE MACHINERY.
inside mining avril 2013 maseve
The Maseve mine was designed for output of 250,000 ounces/year 4E. The key benefit of the acquisition is that it removes the risk of having to build a new concentrator whilst …
Platinum Group Metals Restructures Maseve Platinum Mine …
The restructuring would involve a change in primary mining method and cost re Platinum Group Metals Restructures Maseve Platinum Mine Operations - Junior Mining Network Monday - March 11, 2024
Huge fans of Maseve : infrastructure | Inside Mining
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Huge fans of Maseve : infrastructure | Inside Mining
Home Inside Mining Vol. 7, No. 7. No Access. Huge fans of Maseve : infrastructure. Published Online: 1 Jul 2014 https://hdl.handle ... BBE Projects has clinched an order for additional fan stations at Platinum Group Metals' (PTM) Maseve project, being built by the Western Bushveld Joint Venture (WBJV). Previous article. Next article. …
STYLDRIFT MINE AND MASEVE CONCENTRATOR SITE …
Styldrift Mine and Maseve concentrator site visit – 1 February 2019 Styldrift – low cost mechanised mine High grade quality orebody Flat dipping 00-60 6.98g/t 4E resource grade Mean mining depth 680m Continuous ore body 71.9Mt Merensky resource Low cost mechanised mining 10.5mØ Main# - 758m deep 6.5mØ Services# - 723m deep Utilities …
PTM in strategic asset review as downgrades Maseve again
PLATINUM Group Metals (PTM) downgraded 2017 production at its Maseve mine and said there was a risk of strike activity at its milling operations amid a strategic review of alternatives at its assets. The mine is now expected to produce 85,000 ounces of platinum, palladium, rhodium and gold – collectively known as 4E or four […]
SA Maseve test mine: A breakthrough for innovation and R&D
In the first quarter of 2022 the Mandela Mining Precinct (MMP), through the CSIR and Minerals Council South Africa, signed a memorandum of understanding (MoU) with Royal Bafokeng Platinum (RBPlat), mid-tier platinum group metals producer, to establish a test mine at its Maseve Mine. This development will help fast track R&D and …
Platinum Group Metals Ltd. Restructures Maseve Platinum …
Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ("Platinum Group" or the "Company") is taking steps to restructure its mining operations at the Maseve Mine in South Africa . The restructuring would involve a change in primary mining method and cost reductions to create a sustainable future for the mine. The changes are operationally …
The Maseve success : commodity : platinum | Inside Mining
Maseve, also known as the Western Bushveld Joint Venture Project 1 platinum mine, in the North West province, will mine one of the last large, near-surface sections of the Merensky Reef above 1 000 m. With surface and …
RBPlat to tap market for up to R1.4bn after agreeing Maseve deal
The Maseve mine was designed for output of 250,000 ounces/year 4E. The key benefit of the acquisition is that it removes the risk of having to build a new concentrator whilst simultaneously brining forward mining – and crucially, the cash flow – from Styldrift 1. When fully commissioned, the Styldrift project is forecast to double RBPlat ...
Platinum Group Metals ramps up Maseve mine production
April 14, 2016. South Africa – Formerly known as the Western Bushveld Joint Venture Project 1, Platinum Group Metals' Maseve mine will extract and process platinum group metals and associated minerals from the Merensky and UG2 Reefs over a 20 plus year mine life. Having produced first concentrate in February largely with low grade stockpile ...
shibang/sbm inside mining april 2013 maseve.md at master
Maseve's mechanised magic Mining News Apr 11,2013 · Th e project's mining right application was granted in April 2012 and the 275 000 ozpa 4E PGM project's …
MASEVE PLATINUM MINE | Projects | Redpath Mining …
Redpath Mining South Africa was the principal general contractor, providing bord-and-pillar mining, hybrid mechanized mining and ore transport to Maseve Mine. Redpath's scope of work consisted of long hole stoping, trackless development and bord and pillar mining operations including complete management of the mine's logistics and engineering ...
Developing declines at Maseve
Underground mining contractor JIC Mining Services is proving that the outsourced contractor model remains as successful as ever. Its decline development rates at Platinum Group Metals' (PTM) Maseve project is perfect evidence of this.
Developing declines at Maseve
Underground mining contractor JIC Mining Services is proving that the outsourced contractor model remains as successful as ever. Its decline development …
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