Valterra Platinum Bets on Underground Mining Project
Original Report
South Africa's Valterra Platinum is the world's largest miner of platinum group metals by market cap, and Valterra's Mogalakwena facility is the world's largest open-pit platinum mine. The company...
South Africa's Valterra Platinum is the world's largest miner of platinum group metals by market cap, and Valterra's Mogalakwena facility is the world's largest open-pit platinum mine. The company plans to take its operations in a new direction, tunneling down for higher-grade underground ore with a project called Sandsloot. On Bloomberg Chief Future Officer, Valterra Platinum CFO Sayurie Naidoo tells Jennifer Zabasajja why the underground extension is a perfect fit with the company's "value over volume" strategy. (Source: Bloomberg)
Glass House Analysis
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