Platinum group metals producer Sedibelo Platinum Mines Limited has announced the expansion of operations at Pilanesberg Platinum Mines into contiguous deposits of Sedibelo Central, Magazynskraal and Kruidfontein – known as the Triple Crown properties – with an estimated resource base in excess of 60 million 4PGE ounces, considered one of the world’s largest undeveloped PGM deposits. The predominantly shallow deposits will enable safe and sustainable mining activities for potentially more than 60 years. The approved expansion will be funded through Sedibelo’s existing cash resources and future cash flow. The first ounces from Triple Crown are expected to be extracted in 2023.
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