The Two Rivers Platinum joint venture has achieved its initial production targets for the first quarter of this year.

A joint venture between Impala Platinum and African Rainbow Minerals, the construction of the mine and the concentrator is complete.

Speaking to Mining Weekly, Stompie Shiels, Executive Director of African Rainbow Minerals, said that production was "above the target".

The Two Rivers project is expected to yield 120,000 oz of platinum, 68,000 oz of palladium and about 20,000 oz of rhodium every year.

Mr Shiels said that there are contingency plans in place should the power shortage begin to affect operations.

"We, therefore, do not expect any significant impact on production owing to electricity disruptions," he added.

Mr Shiels said there were challenges in bringing the mine into production but it was completed on time and on budget.

Source:
New mining operation reaches full production in first quarter 2008, 27/06/08
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