The unrivalled and tier-one K4 platinum group metals (PGMs) project in North West province will ensure sustainability of Marikana for over 50 years, Sibanye-Stillwater CEO Neal Froneman told the BMO conference on Monday. Speaking on a YouTube presentation covered by Mining Weekly, the head of the JSE- and ADR-listed precious and battery metals company described the K4 project as requiring a relatively small capital expenditure of R3.9-billion that was far smaller than K4’s net present value of R21-billion at the spot price.
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