Wesizwe has resolved to implement a new mine plan at its Bakubung mine, in Rustenburg, which will entail the development of a one-million-tonne-a-year mine with a one-million-tonne-a-year processing plant to treat the ore. The company explained in a news release that the decision was taken as a result of reduced platinum group metals demand, which has created a negative environment for the mining industry and negatively impacted on Wesizwe’s ability to raise the required additional funding to commission a three-million-tonne-a-year mine and processing facility.
