Eland Platinum Mine

 mine, platinum mine/processing

Xstrata acquired the Eland Mine in November 2007 from the now delisted Eland Platinum Holdings, and subsequently Xstrata merged with Glencore. On February 24, 2017 Northam Platinum Limited announced that its purchase of the Eland assets was final and the mine was now part of Northam. Northam purchased the mine for a cash consideration of R175 million and part of the deal is a long term agreement chrome marketing agreement with Glencore to exclusively market and sell chrome produced at Northam’s Zondereinde and Booysendal operations.

It started as an opencast operation with two open pits with high walls ranging between 105m and 45 m. Development of the first of two underground Decline Shaft Systems, which will replace the limited-life open pit operations, commenced in September 2009. All mining is now conducted underground using the declines as access.