Royal Bafokeng Platinum Ltd traded at 12,750.00 this Tuesday August 1st, decreasing 49.00 or 0.38 percent since the previous trading session. Looking back, over the last four weeks, Royal Bafokeng Platinum lost 0.36 percent. Over the last 12 months, its price fell by 12.21 percent. Looking ahead, we forecast Royal Bafokeng Platinum Ltd to be priced at 12,407.03 by the end of this quarter and at 11,432.47 in one year, according to Trading Economics global macro models projections and analysts expectations.
Royal Bafokeng Platinum Limited is a South Africa-based mid-tier platinum group metals (PGMs) producer. The Company owns and operates two mines and two concentrators: Bafokeng Rasimone Platinum Mine (BRPM), a twin decline shaft with an average mining depth of 450 meter, is a conventional and hybrid mining operation; Styldrift Mine (Styldrift), a twin vertical shaft, is a mechanized bord and pillar mining operation with an average mining depth of 680 meter; BRPM concentrator, is a 250 thousand tons per month (ktpm) capacity traditional MF2 process concentrator; and Maseve concentrator is being upgraded to a 180ktpm MF2 plant. Its segments include BRPM mining segment, Styldrift mining segment and RBR operations segment. BRPM JV is located on the Western Limb of the Bushveld Igneous Complex, approximately 30 kilometers northwest of the town of Rustenburg in the Northwest province of South Africa. Its operations are located in the Northwest province of South Africa.