based in south africa our platinum business is the world’s leading major producer of platinum. we produce around 37% of the world’s newly mined production of this precious metal. we mine process and refine the entire range of platinum group metals (pgms) which are platinum palladium rhodium ruthenium iridium and osmium.
south africa carves its outsourcing niche amid flurry of acquisitions. companies from india and the uk are snapping up south african business process outsourcing (bpo) firms as the country
platinum mining in south africa. in south africa the discovery of the first platinum nuggets dates back to 1924. the geologist hans merensky’s follow-up work resulted in the discovery of two deposits each around 100km in length which became known as the bushveld igneous complex.
platinum mining in south africa or mining for platinum group metals (pgm) is widespread on the african continent and south africa holds over 80% of the world’s reserves. for investors interested in the pgm sector in africa south africa seems to be the logical starting point.
platinum and palladium. south africa produces more platinum and similar metals than any other nation. in 2005 78% of the world's platinum was produced in south africa along with 39% of the world's palladium. over 163000 kilograms (5200000 ozt) of platinum was produced in 2010 generating export revenues of $3.82 billion usd.