Nkwe says new platinum mine may produce in 2015

摘要

THE Garatau platinum mine, which ASX-listed Nkwe Platinum is developing on the eastern limb of South Africa's Bushveld Complex, could be in production in 2015, reaching steady-state output by 2017. Nkwe says the new bankable feasibility study (BFS) has estimated a capital requirement of some 641-million Australia dollars to fund the development of a 3.6-million-ton-a-year operation, producing some 330 000 oz/y of platinum over an initial 17 years.