Wesizwe Platinum Ltd 2022 IR
The report outlines Wesizwe Platinum Limited's progress toward operational readiness at its flagship Bakubung Platinum Mine in South Africa during 2022. Despite facing challenges such as community unrest, a tragic fatality, and trackless mechanised mining equipment failures, the company successfully completed 99% of its processing plant construction and conducted a test run post-year-end. Financially, Wesizwe secured a US$230 million loan facility from Jinchuan to support ongoing development and recorded a direct investment of R1.9 billion in property, plant, and equipment. The company also advanced its social commitments, completing 80% of phase two of its employee housing project and investing R6.8 million in employee training.
Company: Wesizwe Platinum Ltd
Sector: Materials
Country: South Africa
Year: 2022
Type: IR
Pages: 168
Wesizwe Platinum Ltd
The report outlines Wesizwe Platinum Limited's progress toward operational readiness at its flagship Bakubung Platinum Mine in South Africa during 2022. Despite facing challenges such as community unrest, a tragic fatality, and trackless mechanised mining equipment failures, the company successfully completed 99% of its processing plant construction and conducted a test run post-year-end. Financially, Wesizwe secured a US$230 million loan facility from Jinchuan to support ongoing development and recorded a direct investment of R1.9 billion in property, plant, and equipment. The company also advanced its social commitments, completing 80% of phase two of its employee housing project and investing R6.8 million in employee training.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees