Scientific Investigations Report 2012-5164

Global Exploration and Production Capacity for Platinum-Group Metals 
From 1995 Through 2015

By David R. WIlburn


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Version history
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Version 1.0
Posted November 26, 2012


Version 1.1
Posted December 14, 2012

On p. 17, first two full paragraphs are revised to read as follows:
Wesizwe Platinum Limited is a junior South African PGM company managing 
the exploration and development activities of the Ledig Frischgewaagd 
project on the Western Bushveld. The company secured financing for 
development at the end of 2010, was planning initial production in 2014, 
and anticipated achieving a capacity of 10,700 kg/yr of recoverable PGMs 
by 2019 (Wesizwe Platinum Limited, 2010). The company is involved in a 
joint venture with Platinum Metals Group Limited to explore and develop 
the Elandsfontein PTM (WBJV) project on the Western Bushveld by 2013. 
This project will have an estimated capacity of 8,300 kg/yr of 
recoverable PGMs. Platinum Australia Limited is a junior PGM company, 
which opened the Smokey Hills mine on the Eastern Bushveld in 2009. The 
company expected the mine to reach its full capacity of 2,900 kg/yr of 
recoverable PGMs by 2012. The company is involved in a joint venture to 
explore the Rooderand project on the Western Bushveld, an early-stage 
exploration project that is not expected to commence production before 
2015 (Platinum Australia Limited, 2010).