Inyoni Operations

SNAPSHOT

Commodity

PGMs & Chrome

Partner

Hernic Ferrochrome Pty Ltd

Location

Bushveld Complex, South Africa

Status

In production

 

High margin platinum producer delivering exceptional returns.

  • Current unprocessed 1.7Mt drilled and assayed chrome rich tails and the rights to a further c. 1 million tonnes of PGM rich material
  • Access to estimated 3Mt of historic chrome surface tailings, containing est. 224,000oz of 3PGM + Au
  • Further 17,000t per month of platinum rich material being added by Hernic
  • 100% of all rights to PGM earnings from current and future tailings produced at Hernic acquired
  • Jubilee has the exclusive arrangement to acquire all further chrome rights to the chrome contained in all of the current tailings at Hernic
  • Constructed and fully commissioned the largest platinum from chrome tailings recovery plant in South Africa in March 2017
  • Platinum and chrome recovery plant with a throughput capacity of 55,000t per month, recovering an average of 2,500 oz of 4E PGMs per month)
  • One of the lowest PGMs production cost in industry (below US$400/ oz, operating margin in excess of 40%)
  • Delivering significant positive earnings since June 2017

Chemical Symbol Pt
Chemical Symbol Pd
Chemical Symbol Rh
Chemical Symbol Ru
Chemical Symbol Ir
Chemical Symbol Os
Chemical Symbol Cr