◢ AFRIMINTEL · decision layer

The decision view

Mogalakwena

Bushveld Complex Northern Limb (Platreef horizon) · PGE-Cu-Ni · Valterra Platinum Limited (100%, via Rustenburg Platinum Mines Ltd)

Evidence depth: operating-markers
Operating-disclosure markers; no study-level economics carried.
Afrimintel states the evidence depth of all 159 assets on its bankability roster. 2 are fully-worked DCFs and 4 carry a complete study-level marker set; a further 9 carry headline study-grade markers only. 6 assets have their source documents preserved on this site, where 106 numeric figures verify against the document text and 9 are excluded and named because they cite a document not in the archive. See the full roster and what each tier means.

dossier-gradeproducing

Need this asset checked for a live decision? A verified dossier is $1,850, fixed fee: every Sourced figure traced to the document it came from, the gaps listed, signed by the Editor-in-Chief. Ask about Mogalakwena ›

Hand-maintained under the contract suite (generator retired 7 Sep 2026) · dataset see manifest · record reviewed 2026-05-02 · machine-readable: /api/v1/deposits/mogalakwena.json · ⎙ print / save as PDF

Stage and status

DFI · investment house — what stage is the asset at, and what does its record hold?

Life-cycle stageproducing Derived
Operating statusOperating; Sandsloot Underground trial mining May 2026 Sourced
Reserve scale (P+P)1084.2 Mt @ 2.65 g/t 4E Sourced ≈ 92 Moz contained Derived
Reserve basis (verbatim)100% project basis (~92.3 Moz contained)

Value anchors

advisory · corporate development — what does the record support?

Resource (M+I+I)3196 Mt @ 2.77 g/t 4E Sourced
Resource basis (verbatim)100% project basis (~285.0 Moz contained)
Primary sourceValterra Platinum 2025 Integrated Report (released March 2026); Q1 2026 Production Report [Sourced 2026-05-02] Sourced
Comparables (PGE-matched)1 African M&A · 1 intl — set spans, not market curves · deals · compare assets · data freshness Sourced

Risk read

mining major · insurer — what is the exposure?

Ownership structureFormerly Anglo American Platinum; demerged May 2025; full independence Sept 2025 after Anglo's 19.9% exit; JSE: VAL Sourced
Recent events (record, newest last — tail shown)… 5.9 → 61.0 g/t 4E (-9% volume); 2025 by-product production 18.4 kt Cu + 21.2 kt Ni; 2026 guidance 920-980 koz 4E; IRMA 50 sustainability certification March 2025; open-pit grade softening (2.53 g/t 2025 vs 2.69 g/t 2024) Sourced

What this record does not yet support — disclosed, not estimated