Marula Platinum is a joint venture between Impala Platinum Holdings Limited (Implats), who hold 80%, and historically disadvantaged South Africans (HDSAs), who hold the remaining 20%. The 20% held by HDSAs is shared by Mmakau Mining (Pty) Limited (10%), a black-owned and managed company, a community-based trust (5%) and local HDSA business interests in Limpopo Province (5%).
Originally known as the Winnaarshoek project, Implats acquired the property in December 2000 with the acquisition of Toronto-listed Platexco Inc. Simultaneously, Implats entered into a sublease with Anglo Platinum/Lebowa Minerals Trust on a portion of their contiguous Driekop property. Implats also exchanged its Hendriksplaats property for Anglo Platinum's Clapham and a portion of the Forest Hill properties, which have been incorporated into the lease area of the project.
Marula is managed by a small, core Implats team. Initially, the mining, concentrator operations and associated services were outsourced but these functions were brought in-house in January 2005. At full production in 2009, the mine will produce 140 000 ounces of platinum per annum.