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ARM Platinum

The ARM Platinum division comprises three operating mines, Modikwa, Two Rivers and Nkomati.

  • It has an effective 41.5% interest in Modikwa where local communities hold an 8.5% effective interest. The remaining 50% is held by Anglo Platinum.
  • Two Rivers is an incorporated joint venture with Implats, with ARM holding 55% and Implats 45%.
  • Nkomati is a 50:50 partnership with Norilsk Nickel Africa.
  • ARM Platinum also has an interest in two joint ventures with PLA. The first is the Kalplats PGM Exploration Project in which ARM Platinum owns 90% and PLA can earn-in up to 49% by completing a bankable feasibility study. The second joint venture, Kalplats Extended Area Project is a 50:50 partnership between ARM Platinum and PLA.

Divisional structure

Platinum structure
  • * Platinum Australia earned 12% ownership on completion and approval of the prefeasibility study. The transfer of this ownership is in the process of being effected. Platinum Australia will earn an additional 32% on completion of a bankable feasibility study. In the event that the JV acquires Anglo American’s 10%, Platinum Australia has the right to acquire 49% of the acquired 10%.
  • ** ARM shareholding in Two Rivers will reduce to 51% once the transfer of the Kalkfontein portions 4, 5 and 6 and Tweefontein prospecting rights has been effected.
 

Management

Francois Uys

Francois Uys

Chief Executive: ARM Platinum


  1. * Restated due to the early adoption of IFRIC 20.

Platinum division

Platinum Division map

Platinum division map


Partner companies

Anglo Platinum Logo
Impala Platinum Holdings Logo
Norilsk Nickel Logo
Platinum Australia Logo


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