Key Trends in the Resource Sustainability of Platinum Group Elements
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Mineral Profile
Platinum September 2009 Definition, mineralogy and Pt Pd Rh Ir Ru Os Au nt Atomic 195.08 106.42 102.91 192.22 101.07 190.23 196.97 deposits weight opme vel Atomic Definition and characteristics 78 46 45 77 44 76 79 de number l Platinum (Pt) is one of a group of six chemical elements ra UK collectively referred to as the platinum-group elements Density ne 21.45 12.02 12.41 22.65 12.45 22.61 19.3 (gcm-3) mi (PGE). The other PGE are palladium (Pd), iridium (Ir), osmium e Melting bl (Os), rhodium (Rh) and ruthenium (Ru). Reference is also 1769 1554 1960 2443 2310 3050 1064 na point (ºC) ai commonly made to platinum-group metals and to platinum- Electrical st group minerals, both often abbreviated to PGM. In this su resistivity r document we use PGM to refer to platinum-group minerals. 9.85 9.93 4.33 4.71 6.8 8.12 2.15 f o (micro-ohm re cm at 0º C) nt Chemically the PGE are all very similar, but their physical Hardness Ce Minerals 4-4.5 4.75 5.5 6.5 6.5 7 2.5-3 properties vary considerably (Table 1). Platinum, iridium (Mohs) and osmium are the densest known metals, being significantly denser than gold. Platinum and palladium are Table 1 Selected properties of the six platinum-group highly resistant to heat and to corrosion, and are soft and elements (PGE) compared with gold (Au). ductile. Rhodium and iridium are more difficult to work, while ruthenium and osmium are hard, brittle and almost pentlandite, or in PGE-bearing accessory minerals (PGM). -
Predictability of Pothole Characteristics and Their Spatial Distribution At
79_Chitiyo:Template Journal 12/15/08 11:16 AM Page 733 Predictability of pothole characteristics J o and their spatial distribution at u Rustenburg Platinum Mine r n by G. Chitiyo*, J. Schweitzer*, S. de Waal*, P. Lambert*, and a P. Olgilvie* l P a p Synopsis thermo-chemical erosion of the cumulus floor by new influxes of superheated magma best explains the observed data. e Prediction of pothole characteristics is a challenging task, Partial to complete melting of the cumulate floor occurred in r confronting production geologists at the platinum mines of three phases. The first represents the emplacement of hot the Bushveld Complex. The frequency, distribution, size, magma. This magma, due to turbulent flow and high chemical shape, severity and relationship (FDS3R) of potholes has a and physical potential, aggressively attacks the existing floor huge impact on mine planning and scheduling, and (crystal mush on the magma/floor interface). Regional consequently cost. It is with this in mind that this study was erosion is manifested by large, often coalescing potholes. initiated. During the second phase, when the magma emplacement Quantitative analysis of potholes indicates that pothole process ceased and cooling in situ started, two distinct size (area covered) can be described by two partly periods of pothole formation ensued. The first is related to overlapping lognormal distributions. These are referred to as rapid cooling along the relatively steep part of the Newton Populations A (smaller) and B (larger). The range of Cooling Curve, when Population B potholes nucleated observed pothole sizes conforms to a simple double randomly and grew rapidly with concurrent convective exponential growth model based on Newton’s Cooling Curve. -
Exkursionen Excursions
EXKURSIONEN EXCURSIONS 174 MITT.ÖSTERR.MINER.GES. 161 (2015) A GEOLOGICAL EXCURSION TO THE MINING AREAS OF SOUTH AFRICA by Aberra Mogessie, Christoph Hauzenberger, Sara Raic, Philip Schantl, Lukas Belohlavek, Antonio Ciriello, Donia Daghighi, Bernhard Fercher, Katja Goetschl, Hugo Graber, Magdalena Mandl, Veronika Preissegger, Gerald Raab, Felix Rauschenbusch, Theresa Sattler, Simon Schorn, Katica Simic, Michael Wedenig & Sebastian Wiesmair Institute of Earth Sciences, University of Graz, Universitaetsplatz 2, A-8010 Graz Frank Melcher, Walter Prochaska, Heinrich Mali, Heinz Binder, Marco Dietmayer-Kräutler, Franz Christian Friedman, Maximilian Mathias Haas, Ferdinand Jakob Hampl, Gustav Erwin Hanke, Wolfgang Hasenburger, Heidi Maria Kaltenböck, Peter Onuk, Andrea Roswitha Pamsl, Karin Pongratz, Thomas Schifko, Sebastian Emanuel Schilli, Sonja Schwabl, Cornelia Tauchner, Daniela Wallner & Juliane Hentschke Chair of Geology and Economic Geology, Mining University of Leoben, Peter-Tunner-Strasse 5, A-8700 Leoben Christoph Gauert Department of Geology, University of the Free State, South Africa 1. Preface Almost a year ago Aberra Mogessie planned to organize a field excursion for the students of the Institute of Earth Sciences, University of Graz. The choices were Argentina, Ethiopia (where we had organized past excursions) and South Africa. Having discussed the matter with Christoph Hauzenberger concerning geology, logistics etc. we decided to organize a field excursion to the geologically interesting mining areas of South Africa. We contacted Christoph Gauert from the University of Free State, South Africa to help us with the local organization especially to get permission from the different mining companies to visit their mining sites. We had a chance to discuss with him personally during his visit to our institute at the University of Graz in May 2014 and make the first plan. -
ECONOMIC GEOLOGY RESEARCH INSTITUTE HUGH ALLSOPP LABORATORY University of the Witwatersrand Johannesburg
ECONOMIC GEOLOGY RESEARCH INSTITUTE HUGH ALLSOPP LABORATORY University of the Witwatersrand Johannesburg CHROMITITES OF THE BUSHVELD COMPLEX- PROCESS OF FORMATION AND PGE ENRICHMENT J.A. KINNAIRD, F.J. KRUGER, P.A.M. NEX and R.G. CAWTHORN INFORMATION CIRCULAR No. 369 UNIVERSITY OF THE WITWATERSRAND JOHANNESBURG CHROMITITES OF THE BUSHVELD COMPLEX – PROCESSES OF FORMATION AND PGE ENRICHMENT by J. A. KINNAIRD, F. J. KRUGER, P.A. M. NEX AND R.G. CAWTHORN (Department of Geology, School of Geosciences, University of the Witwatersrand, Private Bag 3, P.O. WITS 2050, Johannesburg, South Africa) ECONOMIC GEOLOGY RESEARCH INSTITUTE INFORMATION CIRCULAR No. 369 December, 2002 CHROMITITES OF THE BUSHVELD COMPLEX – PROCESSES OF FORMATION AND PGE ENRICHMENT ABSTRACT The mafic layered suite of the 2.05 Ga old Bushveld Complex hosts a number of substantial PGE-bearing chromitite layers, including the UG2, within the Critical Zone, together with thin chromitite stringers of the platinum-bearing Merensky Reef. Until 1982, only the Merensky Reef was mined for platinum although it has long been known that chromitites also host platinum group minerals. Three groups of chromitites occur: a Lower Group of up to seven major layers hosted in feldspathic pyroxenite; a Middle Group with four layers hosted by feldspathic pyroxenite or norite; and an Upper Group usually of two chromitite packages, hosted in pyroxenite, norite or anorthosite. There is a systematic chemical variation from bottom to top chromitite layers, in terms of Cr : Fe ratios and the abundance and proportion of PGE’s. Although all the chromitites are enriched in PGE’s relative to the host rocks, the Upper Group 2 layer (UG2) shows the highest concentration. -
The Centenary of the Discovery of Platinum in the Bushveld Complex (10Th November, 1906)
CAWTHORN, R.G. The centenary of the discovery of platinum in the Bushveld Complex (10th November, 1906). International Platinum Conference ‘Platinum Surges Ahead’, The Southern African Institute of Mining and Metallurgy, 2006. The centenary of the discovery of platinum in the Bushveld Complex (10th November, 1906) R.G. CAWTHORN School of Geosciences, University of the Witwatersrand, South Africa The earliest authenticated scientific report of the occurrence of platinum in rocks from the Bushveld Complex appears to be by William Bettel on 10th November 1906. Thereafter, prospecting of the chromite-rich rocks for platinum proved frustrating. I suggest that the resurgence of interest shown by Dr Hans Merensky in 1924 resulted from his realization that newly-panned platinum had a different grain size from that in the chromite layers and indicated a different source rock, which he located and it became known as the Merensky Reef. Merensky’s discoveries in Johannesburg). He found it contained ‘silver, gold, The story of Dr. Hans Merensky’s discoveries of the platinum and iridium (with osmium)’. Hence, the presence platinum-rich pipes and the Merensky Reef itself in 1924 of the platinum-group elements (PGE) in South Africa in have been well documented (Cawthorn, 1999; Scoon and minor amounts was well-established by the end of the Mitchell, 2004, and references therein), but the events that nineteenth century. preceded it have not been summarized. In the probable centenary year of the first report of platinum in the In situ platinum Bushveld it is appropriate to review the events between In his article Bettel reported that he had ‘recently’ (i.e. -
Media Release 23 September 2014 Letter to the Editor
Lonmin Plc 4 Grosvenor Place London SW1X 7YL United Kingdom T: +44 (0)20 7201 6000 F: +44 (0)20 7201 6100 Media Release www.lonmin.com 23 September 2014 Letter to the Editor - Mail and Guardian The M&G's story on Lonmin's historic tax affairs published on Friday 19 September 2014 contained significant inaccuracies and material omissions. Disappointingly, the lengthy answers provided to the M&G’s detailed questions were not reported. Any suggestion of potential illegality around Lonmin’s historic tax affairs is seriously damaging to the Company's reputation, not least because such allegations are wholly and absolutely false. The following facts and context, missing from the published article, are vital in judging its accuracy. 1. The Western Metal Sales (WMS) structure referred to was a structure not uncommon to old world conglomerates. The structure was in no way illegal and did not benefit Lonmin from a tax perspective as Lonmin remained liable for the payment of taxes in the UK arising from legitimate and reasonable commissions paid to Western Metal Sales. 2. This structure was changed in 2007 when Lonmin took a decision to move its marketing services to South Africa. 3. The move was based on cost concerns (having a company registered in Bermuda and operating out of London was expensive) and resulted in marketing personnel being based closer to Lonmin’s operations. 4. A transitional arrangement was put in place for 18 months and thereafter, from 1 October 2008, the marketing commission paid to Lonmin Management Services (LMS) was entirely taxable in South Africa. -
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Seventy-fifth Anniversary of the Discovery of the Platiniferous MerenskvJ Reef THE LARGEST PLATINUM DEPOSITS IN THE WORLD By Professor R. Grant Cawthorn Department of Geology, University of the Witwatersrand, South Africa The Merensky Reef is a thin layer of igneous rock in the Bushveld Complex in South Africa, which, with an underlying layer, the Upper Group 2 chromitite, contains 75 per cent of the world’s known platinum resources. It was discovered in September 1924 by Hans Merensky, and by early 1926 had been traced for about 150 km. However, large-scale mining of the reef did not develop until aproliferation of uses for theplatinumgroup metals in the 1950s increased demand and price. Successful extraction of metal from the Upper Group 2 chromitite had to wait until the 1970s for metallurgical developments. In 1923 platinum was discovered in the rivers. In early June 1924, a white metal was Waterberg region of South Africa, and alerted panned in a stream on a small farm called geologists to its presence there, see Figure 1. At Maandagshoek, 20 km west of Burgersfort, see that time world demand for platinum was not Figure 2, by a farmedprospector called Andries great, and the economic slump during the years Lombaard. Suspecting it was platinum, he of the Great Depression, which followed soon sent it to Dr Hans Merensky for confirmation. afterwards, reduced demand and price still fur- Hans Merensky was a consulting geologist and ther. Consequently, the discovery in 1924 was mining engineer in Johannesburg. Together, almost before its time. Lombaard and Merensky followed the “tail” of Platinum, like gold and diamonds, has a high platinum in their pan upstream into some hills density and forms stable minerals, which accu- on Maandagshoek, where they finally found mulate at the sandy bottoms of streams and platinum in solid rock on 15th August 1924. -
Assessing the Potential Impact of the Marikana Incident on South African Mining Companies: an Event Method Study
586 SAJEMS NS 18 (2015) No 4:586-607 ASSESSING THE POTENTIAL IMPACT OF THE MARIKANA INCIDENT ON SOUTH AFRICAN MINING COMPANIES: AN EVENT METHOD STUDY Nicholas Hill and Warren Maroun School of Accountancy, University of the Witwatersrand Accepted: July 15 Abstract This study examines the potential impact of industrial unrest and the outbreak of violence at Marikana on 16 August 2012 on the share prices of mining companies listed on the Johannesburg Stock Exchange (JSE) using an event methodology. Contrary to expectations, the Marikana incident does not appear to have had a widespread and prolonged effect on the South African mining sector. This may be the result of the strike action already having been discounted into the price of mining shares, implying that the market was only reacting to the unusually violent (but short-lived) protest. Alternately, the results could be indicative of investor confidence in the corporate social responsibility initiatives of the South African mining industry as a whole. This paper is the first to examine the potential impact of the Marikana incident on the share prices of mining companies listed on the JSE. It should be of interest to both academics and practitioners wanting to understand how share prices react to exogenous events. It is also relevant for corporate-governance researchers concerned with the relevance of social and governance practices in a South African setting. This research is faced with the limitations associated with most statistical research: that causality cannot be ascribed to tested relationships. Notwithstanding these limitations, it is argued that these findings are important, given the significant coverage of the Marikana incident and the ongoing debate on the need for corporate social responsibility. -
The Bushveld Igneous Complex
The Bushveld Igneous Complex THE GEOLOGY OF SOUTH AFRICA’S PLATINUM RESOURCES By C. A. Cousins, MSC. Johannesburg Consolidated Investment Company Limited A vast composite body of plutonic and volcanic rock in the central part of the Transvaal, the Bushveld igneous complex includes the platinum reef worked by Rustenburg Platinum Mines Limited and constituting the world’s greatest reserve of the platinum metals. This article describes the geological and economic aspects of this unusually interesting formation. In South Africa platinum occurs chiefly in square miles. Two of these areas lie at the the Merensky Reef, which itself forms part of eastern and western ends of the Bushveld and the Bushveld igneous complex, an irregular form wide curved belts, trending parallel to oval area of some 15,000 square miles occupy- the sedimentary rocks which they overlie, and ing a roughly central position in the province dipping inwards towards the centre of the of the Transvaal. A geological map of the Bushveld at similar angles. The western belt area, which provides the largest known has a flat sheet-like extension reaching the example of this interesting type of formation, western boundary of the Transvaal. The is shown on the facing page. third area extends northwards and cuts out- The complex rests upon a floor of sedi- side the sedimentary basin. Its exact relation- mentary rocks of the Transvaal System. This ship to the other outcrops within the basin floor is structurally in the form of an immense has not as yet been solved. oval basin, three hundred miles long and a As the eastern and western belts contain hundred miles broad. -
Sgs Qualifor Forest Management Certification Report
SGS QUALIFOR Doc. Number: AD 36A-12 (Associated Documents) Doc. Version date: 21 Sept. 2010 Page: 1 of 50 Approved by: Gerrit Marais FOREST MANAGEMENT CERTIFICATION REPORT SECTION A: PUBLIC SUMMARY Project Nr: 7599-ZA Client: HM Timber Limited – Berg and East Griqualand Forests Web Page: www.hansmerensky.co.za Address: PO Box 20, Weza, KwaZulu-Natal, 4685 Country: South Africa Certificate Nr. SGS-FM/COC-000780 Certificate Type: Forest Management / CoC Date of Issue 29 July 2008 Date of expiry: 28 July 2013 SGS Forest Management Standard (AD33) adapted for South Africa, version 04, of 29 March Evaluation Standard 2010 Forest Zone: Temperate Total Certified Area 56,044.64ha Scope: The forest management of Singisi’s hardwood and softwood plantations in the KZN & E Cape provinces of South Africa for the production of FSC Pure timber for sale to clients or supply to Singisi and Weza sawmills for the production of Sawn Timber and sawmill by-products for sale on the Chain of Custody Transfer system Location of the FMUs The FMU’s are located in the Southern Kwa-Zulu/Natal province of South Africa near the included in the scope towns of Harding and Howick. Company Contact Hamish Whyle Person: Address: PO Box 20 Weza 4685 Tel: 039 553 0401 Fax 039 553 0425 Email: [email protected] Evaluation dates: SGS South Africa (Qualifor Programme) 58 Melville Road, BooysensBooysens--PO PO Box 82582, Southdale 21852185-- South Africa Systems and Services Certification Division Contact Programme Director at t. +27 11 681-2500- [email protected] www.agriculture-food.sgs.com/en/Forestry / AD 36A-12 Page 2 of 50 Main Evaluation 27 – 30 / 5/ 2008 Surveillance 1 4 – 6 May 2009 Surveillance 2 19 – 21 April 2010 Surveillance 3 24 – 26 May 2011 & COF 11 August 2011 Surveillance 4 Copyright: © 2011 SGS South Africa (Pty) Ltd All rights reserved AD 36A-12 Page 3 of 50 TABLE OF CONTENTS 1. -
Glencore Plc FURTHER DETAILS of the LONMIN DISTRIBUTION FOR
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. Glencore plc (Stock code: 805) FURTHER DETAILS OF THE LONMIN DISTRIBUTION FOR HONG KONG GLENCORE SHAREHOLDERS ONLY This document is a supplement to the Notice of Annual General Meeting of Glencore (the AGM Notice) made available to its shareholders holding shares on Glencore plc’s (Glencore or the Company) Hong Kong branch register or who have registered addresses in Hong Kong (together Hong Kong Glencore Shareholders) on 2 April 2015. 2 April 2015 1 EXPECTED TIMETABLE OF PRINCIPAL EVENTS FOR HONG KONG GLENCORE SHAREHOLDERS Other than in respect to the date and time for the Glencore annual general meeting, the dates and times given in the table below in connection with the Lonmin distribution are indicative and are based on Glencore’s current expectations and may be subject to change (including being conditional on the passing of Resolution 3 in the AGM Notice dated 2 April 2015). If any of the times and/or dates below change, the revised times and/or dates will be notified to Glencore shareholders through a Regulatory Information Service and be subject to separate announcement(s) published on http://www.hkexnews.hk/. All references in this document to times and dates are to Central European Summer Time (CEST) times and dates unless otherwise stated. -
Thermal and Chemical Characteristics of Hot Water Springs in the Northern Part of the Limpopo Province, South Africa
Thermal and chemical characteristics of hot water springs in the northern part of the Limpopo Province, South Africa J Olivier1*, JS Venter2 and CZ Jonker1 1Department of Environmental Sciences, UNISA, Private Bag X6, Florida 1710, South Africa 2Council for Geoscience, Private Bag X112, Pretoria 0001, South Africa Abstract In many countries thermal springs are utilised for a variety of purposes, such as the generation of power, direct space heating, industrial processes, aquaculture and many more. The optimal use of a thermal spring is largely dependent upon its physical and chemical characteristics. This article focuses on the thermal and chemical features of 8 thermal springs located in the northern part of the Limpopo Province, South Africa. Field data and water samples were collected from Evangelina, Tshipise, Sagole, Môreson, Siloam, Mphephu, Minwamadi and Die Eiland for analysis of physical and chemical parameters. The temperatures at source vary from 30°C to 67.5°C. The springs are associated with faults and impermeable dykes and are assumed to be of meteoric origin. The mineral composition of the thermal waters reflects the geological formations found at the depth of origin. None of the spring waters are fit for human consumption since they contain unacceptably high levels of bromide ions. Six springs do not conform to domestic water quality guidelines with respect to fluoride levels. Unacceptably high values of mercury were detected at Môreson and Die Eiland. Spring water at Evangelina is contaminated with selenium and arsenic. It is important to keep such limitations in mind when determin- ing the ultimate use of the thermal springs.