Siyanda Resources purchased a majority stake in Union Mine from Anglo American Platinum in February 2018.
• Located 15km west of Northam in the Limpopo Province.
• Current life of mine extending to 2033 (based on current mine plan).
• Consists of two vertical shafts, decline system and an open cast pit.
HOME IS WHERE OUR HEART IS… WHEREVER WE ARE IN THE WORLD
The company’s partners and subsidiaries are the lifeline of Siyanda Resources.
Siyanda partnered with Sibanye Rustenburg Platinum Mine to acquire a stake in their Platinum assets located in the Rustenburg Region. Siyanda Resources accordingly owns a minority stake in SRPM’s BEE SPV which holds a 26% stake in SRPM.
The acquisition was funded through a vendor financed loan.
This remarkable story has not been achieved alone, but in collaboration with selected partners that
contribute meaningful value and compliment Siyanda’s existing technical and management capabilities.