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The Kroondal mine is a large open pit mine located in the north-western part of South Africa in Rustenburg, North West. Kroondal represents one of the largest platinum reserves in South Africa having estimated reserves of 6.2 million oz of platinum. [2] The mine produces around 217,000 oz of platinum/year. [2]
Glencore plc is a Anglo-Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland.Glencore's oil and gas headquarters are in London, England as well as its primary listing being on the London Stock Exchange, and it is one of the largest components of the FTSE 100 by market capitalization.
This list of mines in South Africa is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
Glencore already owns 82% of PolyMet Mining and has long been the project's main financial backer. It offered Monday to pay around $71 million to raise that stake to 100%, which would take St ...
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By 2011, Glencore operated the mine and had a 40% stake through a 50% holding in Samref Congo Sprl, which in turn held 80% of Mutanda, with the state-owned Gécamines holding the other 20%. In 2011, Gécamines sold its shares to Rowny Assets Limited, a company associated with Israeli billionaire Dan Gertler . [ 9 ]
The PolyMet Mining Corporation (formerly Fleck Resources Ltd) (NYSE: PLM, TSX: POM), was an American company focused on mineral exploration and mine development. The company was based in Minnesota , United States with corporate headquarters in Toronto , Canada .
The mine has an annual production capacity of 14 million tonnes. [1] It is one of numerous coal mines in the Bowen Basin. The mine is wholly owned by Glencore. [2] Xstrata acquired it from Mount Isa Mines in 2003, proceeded with development, [3] and began mining operations in 2005. [3] Glencore merged with Xstrata in 2013.