Mogalakwena gushes cash as Amplats modernises, studies growth, advances fuel cell Anglo American Platinum CEO Chris Griffith delivers 2017 results covered by Mining Weekly Online’s Martin Creamer. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd.

The Mogalakwena platinum mine lived up to its reputation of being the most profitable platinum group metals (PGM) mine on the planet when it gushed cash and elevated a modernising, community supporting, environment protecting, growth studying and fuel-cell marketing Anglo American Platinum (Amplats) well in the money. The opencast platinum mine on the northern limb of the Bushveld Complex gushed R4-billion worth of free, unfettered operating cash flow, achieving a nigh 50% profit margin on a depressed platinum price of only $950/oz. (Also watch attached Creamer Media video).