Mining Weekly reported  Ivanplats has discovered a significant platinum deposit near Mokopane in South Africa.

As quoted in the market news:

Speaking at the Investing in African Mining Indaba, in Cape Town, Friedland would not be drawn on the size of the Plat-reef project, but said the orebody was “very large” and had a “very high grade”.

The ultimate scale of the project was still unknown and the company planned to develop it in stages.

Click here to read the full Mining Weekly report.