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April 2016

MODERN MINING

23

COVER STORY

Reducing the impact of the Platreef mine

One of the challenges of the Platreef project is that it occupies a relatively

compact site in close proximity to a number of villages and informal settle-

ments. Ivanplats’ engineers are therefore making every effort to ameliorate

the dust, noise and visual impacts of the project and to ensure the safety of

community members.

All construction activities are taking place within a 345 ha fenced con-

struction compound and a 10 m high berm will be built which will help

reduce noise levels and also reduce the visual impact. Non-mineralised rock

from the shaft and underground development workings will be used to cre-

ate the berms, which will eventually be clad with top soil and hydro-seeded.

The shaft headframes, of course, will be visible over a long distance, par-

ticularly the 100 m-high structure of Shaft 2. To lessen the profile of the

taller headframe, Murray & Roberts Cementation has incorporated unob-

trusive lighting and also implemented design initiatives to reduce noise

and dust levels. The overall aesthetics have also been considered, with the

headframe having pleasing fluted features using concrete throughout.

The tailings storage facility will be located 8 km away from the mine site –

and across the N11 road linkingMokopane with theMartin’s Drift border post

on the Botswana border – in an area where there are no communities. Ac-

cording to the design, 60 % of the total tailings will be used for underground

backfill which will reduce the overall environmental impact on surface.

The four-drum stage winder

required for the sinking

phase.

plus 500-page document – on the project in

January last year, which outlined the staged

approach to development. According to the PFS,

phase 1 will have an average annual production

rate of 433 000 ounces of platinum, palladium,

rhodium and gold (3PE+Au), plus 19 million

pounds (8 618 tonnes) of nickel and 12 million

pounds (5 433 tonnes) of copper. The PFS esti-

mates the pre-production capital requirement

of phase one at US$1,2 billion (at a Rand/US

dollar exchange rate of 11 to 1). It said the new

mine would have a cash cost of US$322 per

ounce of 3PE+Au, net of by-products, placing

it near the bottom of the cash curve. It estimates

the after-tax NPV (at an 8 % discount rate) at

US$972 million and the after-tax IRR at 13 %.

Following on from the PFS, Ivanplats is

now busy with a full Feasibility Study (FS),

which is expected to be completed in Q1 next

year, using the same team of professionals

responsible for the PFS (and for the earlier

Preliminary Economic Assessment or PEA).

They are DRA Global (process and infra-

structure), Stantec Consulting International

(mineral reserve estimation and mine plan),

SRK Consulting (geotechnical), AMEC Foster

Wheeler (mineral resource estimation), Golder

Associates (hydrology, backfill and tailings)

and Digby Wells (environmental). DRA is man-

aging the study while OreWin of Australia is

responsible for overall NI43-101 report prepa-

ration and economic analysis.

“Our strategy has been to retain the same

team throughout all the study phases as this

makes for continuity,” comments Mouton. “We

have also, of course, gone for consultants with

excellent track records. DRA, for example, has

real in-depth mining and processing expertise

and is particularly experienced in the PGM sec-

tor, where it has been responsible for designing

and building close on 50 processing plants.

Similarly, Stantec – we’re working with its

Phoenix, Arizona office – has an international

reputation in mining consulting – and indeed

in other areas of engineering – and has worked

very successfully with Ivanhoe on previous

projects such as Oyu Tolgoi in Mongolia.”

The phase one project as delineated in the

PFS is now well into construction. In fact, pre-

liminary works on site started as early as late

2013 although work was halted for several