Delivering Low Cost Platinum Production
Delivering Low Cost Platinum Production
Delivering Low Cost Platinum Production
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Smokey Hills <strong>Platinum</strong> Mine<br />
• Sept 2008 – Underground Mine<br />
• Jan 2009 – First <strong>Production</strong><br />
• April/May 2009 - Full <strong>Production</strong><br />
• Standby Generating Power of 8<br />
MVA installed<br />
• Offtake IRS - Life of Mine<br />
• Capital <strong>Cost</strong> US$45 Million<br />
• Hedging – 15% for 5 years<br />
at ~US$2,000/oz Pt &<br />
~US$500/oz Pd, R7.5:1US$<br />
• Designed for Expansion<br />
PLA/PLAA www.platinumaus.com
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