A security risk management approach to the prevention of theft of platinum group metals: case study of Impala Platinum Mines and Refinery

Abstract

The purpose of this study was to establish the vulnerabilities of the security control measures that are being used at Impala Platinum mines and refinery to prevent the theft of Platinum Group Metals (PGMs). It is important to ensure that the security control measures in place are effective and efficient in preventing the occurrence of such theft. The research examined the security risk management approach to the prevention of theft of PGMs and the causes of theft of PGMs by organised crime syndicates operating in South Africa and abroad. The study found that Impala Platinum employees, in collusion with contractors and members of mine security services, are involved in the theft of PGMs. To achieve the goals and objective of the research study, effective security control measures were identified that will help Impala Platinum mines and refinery to overcome the risks and challenges related to the theft of PGMs.