Heraeus – Precious Appraisal, Apr 2025

The main theme of the report concerns the extraction and production prospects of precious metals, particularly platinum and palladium, in South Africa.

The document analyzes the current situation and forecasts for the three main platinum mining areas in South Africa: the Western, Eastern, and Northern limbs of the Bushveld Complex. The report highlights that the Northern limb, where the largest platinum mine Mogalakwena is located, is increasing its share in the country's overall production. It also considers the Platreef and Waterberg projects, which could significantly boost production in the future. It is noted that the mines of the Northern limb are rich in palladium, which could become a disadvantage amid declining demand for this metal.