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Southern Palladium's Bengwenyama platinum group metal (PGM) project, with a 70% ownership by Southern Palladium and 30% by the community, aims to start development in June 2027. A definitive feasibility study is expected to be completed in Q3 2026.

The south decline development cost is estimated at $279 million, potentially reduced by $100 million if ore is processed at a nearby plant. The project has a probable ore reserve of 6.29 million ounces, with steady-state production projected at 200,000 oz/y by 2030.