Valterra Platinum Ltd is preparing a decision that could shift Mogalakwena, the world’s largest platinum mine in South Africa, from open-pit to underground mining. Reserves are estimated to support more than 80 years of production, but falling open-pit ore grades and rising extraction costs have driven plans for the Sandsloot underground project. Valterra aims to start trial mining later this year and reach a final investment decision in 2027.

2026-10-15

Valterra Platinum Ltd is preparing a decision that could shift Mogalakwena, the world’s largest platinum mine in South Africa, from open-pit to underground mining. Reserves are estimated to support more than 80 years of production, but falling open-pit ore grades and rising extraction costs have driven plans for the Sandsloot underground project. Valterra aims to start trial mining later this year and reach a final investment decision in 2027.

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