Siyanda Bakgatla Platinum Mine (Pty) Ltd (Union Mine) is a PGM Producing Mine located in Swartklip, in the Province of Limpopo, the Republic of South Africa.
Siyanda Bakgatla Platinum Mine (SBPM) is a rapidly growing,
non-listed black-owned emerging Platinum group metal (PGM)
mining and processing business. Our operating asset is located
within the Limpopo and North-West Provinces of South Africa
and our head office is based in the rapidly expanding business
hub of Rosebank in Johannesburg. Our business model is
to extract and process Platinum Group Metals (PGMs); the
transitional metal Chromium; Base metals as well as other by
products from our reserve base.
SBPM is privately owned by Siyanda Platinum, the local
community, and our employees. SBPM also has a controlling
interest in the MASA Chrome Company. We are an ambitious
production and innovative business, and we intend to become a
consolidated platinum mining business in the future by partnering
and/ or acquiring other like-minded emerging platinum mining
Creating shareholder value and to support the economy and development of the region.
Our approach to partnering is in keeping with the spirit of Ubuntu. We accordingly strive to enter into strategic partnerships in a holistic manner with our communities, peers, and Competitors. Our relationships, by and large, seek to unlock potential synergistic benefits that seek to deliver sustainable value to all of our stakeholders.
Our sister company, Masa Chrome, extracts chrome from our tailings. We continuously strive to increase throughput and through technological enhancements aim to improve efficiencies in order to unlock further value.
In keeping with our drive to expand production by 2020, we re-opened the 4South decline and embarked on an open-cast development.