Lonmin is a primary producer of Platinum Group Metals (PGMs). These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions, as well as their widespread use in jewellery and investment. Saleable by-products produced from our PGM mining include Gold, Copper, Nickel, Chrome and Cobalt.
Lonmin has been challenged many times in our history, and each time we have seized the opportunities those challenges have presented.
Our core operations, consisting of 11 shafts and inclines, are situated in the Bushveld Igneous Complex in South Africa, a country which hosts nearly 80% of global PGM resources. We have been granted a New Order Mining Licence by the South African government for our core operations, which runs to 2037 and is renewable to 2067. We have resources of 181 million troy ounces (3PGE + Au) and 32 million ounces (3PGE + Au) of reserves.
We conduct all our business in a way which is socially and environmentally responsible and sustainable.
We believe this is essential for Lonmin's future and for the wellbeing of all our stakeholders.