The Modikwa platinum mine is a large underground mine in the north-eastern part of

South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...

northwest of Burgersfort,

Limpopo Limpopo () is the northernmost Provinces of South Africa, province of South Africa. It is named after the Limpopo River, which forms the province's western and northern borders. The term Limpopo is derived from Rivombo (Livombo/Lebombo), a ...

. It is part of the

Bushveld Igneous Complex The Bushveld Igneous Complex (BIC) is the largest Layered intrusion, layered igneous intrusion within the Earth's Crust (geology), crust. It has been tilted and Erosion, eroded forming the outcrops around what appears to be the edge of a great Ba ...

. Modikwa represents one of the largest

platinum Platinum is a chemical element; it has Symbol (chemistry), symbol Pt and atomic number 78. It is a density, dense, malleable, ductility, ductile, highly unreactive, precious metal, precious, silverish-white transition metal. Its name origina ...

reserves in

having estimated reserves of 215.2 million tonnes of ore grading 2 g/t

, 1.87 g/t

palladium Palladium is a chemical element; it has symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1802 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas (formally 2 Pallas), ...

and minor grades of

gold Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal ...

rhodium Rhodium is a chemical element; it has symbol Rh and atomic number 45. It is a very rare, silvery-white, hard, corrosion-resistant transition metal. It is a noble metal and a member of the platinum group. It has only one naturally occurring isot ...

ruthenium Ruthenium is a chemical element; it has symbol Ru and atomic number 44. It is a rare transition metal belonging to the platinum group of the periodic table. Like the other metals of the platinum group, ruthenium is unreactive to most chem ...

and

iridium Iridium is a chemical element; it has the symbol Ir and atomic number 77. This very hard, brittle, silvery-white transition metal of the platinum group, is considered the second-densest naturally occurring metal (after osmium) with a density ...

. The mine has reserves of 13.8 million oz of platinum and 12.9 million oz of palladium and produces around 120,000 oz of platinum/year and 110,000 oz of palladium/year. The mine is owned under a 50%/50%

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

African Rainbow Minerals African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron, coal, copper, and gold. ARM's Goedgevonden coalmine near Witbank i ...

and Anglo American Platinum. Each of these companies have part of their stakes subdivided between other companies.

References

Platinum mines in South Africa Economy of Limpopo Palladium mines {{SouthAfrica-mine-stub