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| Northam Platinum |
Eland Operations Drive Growth Despite Fatalities
South African miner Northam Platinum reported increased platinum group metals (PGMs) and chrome concentrate production. This occurred in the first half of its financial year. Eland operations saw significant output gains. This happened despite two fatal accidents. Northam's 4E (platinum, palladium, rhodium, gold) PGM production increased by 3.7pc. Output reached 451,213oz in July-December 2024. This is compared to the previous year. Eland 4E production rose by 15pc, reaching 37,488oz.
Chrome Concentrate Production Rises Significantly
Northam's total chrome concentrate output increased by 7.5pc. Production reached 716,622t during this period. Eland operations doubled production. Output reached 115,387t. The ramp-up at Eland continues. This is despite recent fatal accidents. These accidents paused operations. Production remains on target. The company made no changes to its output guidance.
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