November - Pallinghurst Ivy Lane Capital Limited invests

July - Pallinghurst EMG African Queen LP invests

February - Section 11 approval to consolidate key mining rights received

December - Name changed to Sedibelo Platinum Mines

December - Smelting contract with Impala concluded

December - IDC invests R3.24 billion

November - Consolidation of the Wilgespruit and Magazynskraal properties

June - PPM took over concentrator operations from Minopex

April - PPM’s pit flooding EMP approved

April - Sedibelo West included into PPM mining right

December - Shares delisted from the TSX and JSE

October - London AIM listing cancelled

March - Platmin buys six million 6E PGM resource ounces in the Sedibelo West property, contiguous with its West Pit

March - Platmin agrees to convert all of its convertible debentures (worth USD135 million)

January - Platmin declares commercial production at PPM

December - Platmin announces the extension of the maturity date of its convertible bonds

November - December - Platmin completes a new share placement worth USD90 million

May - Platmin completes a USD250 million capital raising by way of new equity and USD135 million in convertible debentures

April - Conditional agreement signed to acquire a 10% stake in the Sedibelo project, adjacent to the Pilanesberg mine (PPM).

December - Pallinghurst invests USD125 million

December - Platmin changes its financial year-end from February 28 to December 31

October - Platmin enters into a R400 million revolving commodity pipeline finance facility with Investec Bank Limited, to fund working capital

August - Platmin pays off the outstanding balance of a USD51.987 million bridge loan facility with Standard Bank of South Africa Limited

July - Listed on the JSE

June - Eskom completes the second phase of power allocation to PPM increasing total capacity to 37MVA

June - Merensky concentrator commissioned

April - First concentrate delivered to Northam Platinum for toll smelting

March - Processing UG2 reef begins         

March - UG2 concentrator commissioned

December - Platmin announces a USD175 million equity financing to fund construction of PPM

May - Platmin and Standard Bank of South Africa Limited agree on a R350 million bridge loan facility for the PPM project

February - Reef mining and stockpiling of PGM-bearing ore begins at PPM

February - First reef stockpiled

February - PPM Mining Rights approved by the Department of Mineral Resources (DMR)

January - Moepi, Platmin’s Black Economic Empowerment (BEE) partner, consolidates a 26.8% BEE ownership in Boynton, part of the PPM corporate holding structure

December - Gross proceeds raised from the public and private placements announced on 7 December increases to C$92.8 million

December - Platmin completes a public offering and private placement to raise gross proceeds of C$80,750,000. This offer was underwritten by a syndicate of underwriters jointly led by RBC Capital Markets, GMP Securities L.P and Haywood Securities Inc. The funds were principally for development of the PPM project

October - Construction at PPM started

July - Platmin announced the completion of a feasibility study on its Pilanesberg Project by SRK Consultants and the appointment of engineering firm Dowding Reynard and Associates (DRA) to oversee the design and construction of mine facilities noting that open-pit production is expected to start in 2009

August - Listed on the TSX

March > May - Platmin raised gross proceeds of USD14.70 million via rights issue to all shareholders

December - A major RSA PGM producer makes an offer to all Platmin shareholders for all outstanding shares of the company

September - A private placement for gross proceeds of USD10 million was completed

September - Platmin indirectly acquires a further interest in the Mphahlele Project from Ashanti Goldfields Cayman Limited, raising Platmin’s indirect beneficial interest in that project to 57.4%

November - Tameng Mining and Exploration Pty Ltd (a Platmin group company) is granted a prospecting permit covering the Mphahlele Project.

July - Platmin raises gross proceeds of USD13 million via a private placement through BMO Nesbitt Burns with CDC (Actis – the investment fund of the British Government) and Africa Lion (an Australian based fund). North American clients of BMO Nesbitt Burns become shareholders

January - Lonmin agrees to purchase an option to acquire a 50% interest in Boynton's interest in the Loskop PGM project by incurring certain expenditures

January - The search to acquire mineral rights begins, principally through option agreements on properties within the Bushveld Complex in South Africa