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Gold News

SALLIES: This woman has exercised her prerogative – now it is fluorspar, not gold

By: System Author     9th July 1999 A new industrial minerals compa- ny called Sallies – which bought the Witkop mine in the North West Province from Phelps Dodge this month – is already in the throes of a R5-million expansion to take the mine to 120 000 t a year by October. In addition, the new owners are investigating... 

Metallogenic map of subequatorial Africa

By: System Author     9th July 1999 July 1999 is an important month for anyone involved in mining in Southern Africa – for the first time, an extensive metallogenic map will be released for the Southern African region, including crucial information such as the detailed location of mineral deposits as well as the... 

India to train ten SA jewellers

By: System Author     9th July 1999 On the initiative of the South African High Commission in India, Jerry Matsila, ten South Africans from the North West Province will be trained by experts at the University of New Delhi in jewellery design and manufacture. Funded by the Indian Technical Education Commission, the programme will be... 

Electrical protection on target at mine

By: System Author     2nd July 1999 Extensive substation automation required by the Target gold-mine has demanded the use of integrated protection and control equipment with remote communication facilities, Drivecor spokesperson Blaize Magee tells Mining Weekly. Drivecor, Southern Africa distributor for GE Power Management, is the... 

Safety now corporate governance issue

By: System Author     2nd July 1999 With an increased focus placed on good corporate governance, mining companies Ingwe Coal and Anglogold disclosed the steps they had taken to ensure that they complied with the terms of the Mine Health and Safety Act of 1996 (MHSA) during the South African Institute of Mining and... 

Set to be SA’s lowest-cost gold mine

By: System Author     25th June 1999 High technology and high gold grades from an exceptional orebody which lends itself to bulk mechanised mining are poised to make the R1,6-billion 620-employee Target gold-mine South Africa’s lowest-cost underground gold-mine, Avgold chairperson Rick Menell foresees. A slew of technological... 

The e-commerce mine

By: System Author     25th June 1999 There’s never been anything like it in South African gold-mining. Mod cons are being built-in to this twenty-first century operation in the normally-conservative northern Free State like never before, in one of the last unmined parts of the rich Witwatersrand Basin, which has yielded some... 

Mouth-watering automation

By: System Author     25th June 1999 A revolutionary management concept with information technology (IT) as its pri- mary enabler has been developed to help Target gold-mine achieve its cost-an-ounce objective which could be as low as US$135/oz, Mining Weekly can today report. Just-in-time (JIT), automated inventory control,... 

Impressive 4,9 m face advance

By: System Author     25th June 1999 A combination of new technologies has helped Target gold-mine to achieve impressive face advance. AECI Explosives Limited (AEL) underground bulk systems technology (UBST) acting business manager Mike Pledger tells Mining Weekly that a combination of computerised drill-rigs able to drill... 

19 additional exploration holes to be drilled

By: System Author     25th June 1999 THE underground drilling of 19 additional exploration holes at Target begins this month. The R1,9-million six-month contract to drill the 60 mm diameter holes has been won by Cementation Mining, of Johannesburg, whose R50-million 32-hole surface-drilling contract at Target is nearing completion,... 

Profit-share equipment deal

By: System Author     25th June 1999 Target gold-mine has struck a profit-share contract with a major Scandinavian equipment supplier, which is reportedly bringing new demands of commitment from both parties. Tamrock business development manager Darryl Cockrcoft tells Mining Weekly that Tamrock secured its first equipment fleet and... 

Loraine could have been highly profitable

By: System Author     25th June 1999 HAD Loraine gold-mine been mined as Target will be mined, it would have been highly profitable. Records show that for seven years of its life, while mining the Weltevreden fan, Loraine mined at a recovered grade of 11 g/t-plus. “It was an excellent orebody and equivalent to that at... 

Info providing cost headstart

By: System Author     25th June 1999 Accuracy of information is giving Target gold-mine a major cost headstart. Drilling and years of mining at adjoining Loraine is minimising risk. The main drilling programme finding is that the extensive shallower Eldorado formation containing Elsburg and Dreyerskuil reefs continues north from... 

Drive to research deep-level underground transportation

By: System Author     25th June 1999 As part of Project Deepmine, CSIR Miningtek has been given the task of evaluating and making recommenda- tions on worker transportation for deep-level gold-mines of between 3 000 m and 3 500 m. A literature and technology search of local and international databases, which is just about complete,... 

Successful tramming devices

By: System Author     25th June 1999 The Datarail 100 system from SA Automation has found extensive application in tramming of ore in coal, gold and platinum mines. These devices are used in many successful installations throughout the industry. The system is certified for use in trade, and is competitively priced when compared to... 

Mining locos taken for granted

By: System Author     25th June 1999 Mining locomotives are such an established part of Southern African mining that they are taken for granted only too often. This has resulted in many users not utilising the full potential of their horizontal-transport investment. Mine rolling-stock and locomotive investment at present-day... 

Gold at US$45/oz cash-cost!

By: System Author     25th June 1999 ldorado is no longer a myth. Only today it is called Pierina, Barrick Gold’s new mine in Peru. Officially inaugurated by Peruvian President Alberto Fujimori early last month, Pierina is the world’s lowest cash-cost gold-mine – at an incredible US$45/oz. In fact, during its first... 

Mine supply in throes of big transformation

By: System Author     25th June 1999 he area of mine supply is undergoing a fundamental rationalisation. A case in point is Sandvik Mining and Construction (SMC), which was created from the merger of four mining suppliers, namely Sandvik Tamrock, Driltech Mission, Voest Alpine Eimco and Roxon. Since he joined last year, new SMC CEO... 

Minera Yanacocha Peruvian Andes, South America

By: System Author     25th June 1999 Name: Minera Yanacocha Location: The mine is located 637,5 km north of Lima and 23,8 km north of Cajamarca in the Peruvian Andes at an elevation of 14 000 ft above sea level. Brief description: The mine is a joint venture gold-mining operation that represents the first foreign investment in... 

Are coal’s ‘farm fences’ destined to come down?

By: System Author     18th June 1999 It happened in the gold industry when the restrictive ‘farm fences’, which had kept South African gold-mines penned into geologically-irrelevant lease areas, were taken down. Now it looks set to happen in the coal business, as South African coal companies move to boost efficiencies in... 

Flotation circuit backbone

By: System Author     18th June 1999 The backbone of the world-first, newly-commissioned R1,5-million portable pilot flotation plant commissioned at Lonmin’s Karee platinum mine in March is Mintek’s Floatstar flotation circuit stabilisation system. “The mine has been Mintek’s development site for a long time,... 

New gold joint venture

By: System Author     18th June 1999 A joint-venture agreement over the Khunwana pro- ject area, a 550 km2 block of ground situated to the south of Kalahari Goldridge Mining’s (Kalgold’s) existing mining lease in the Kraaipan greenstone belt, in the North West Province, has been signed between Kalgold and Gold Fields.... 

New mining methods colloquium

By: Roelf Diedericks     18th June 1999 New mining methods and systems for narrow-reef mining will be the topic of a colloquium to be hosted by the South African Institute of Mining and Metallurgy on July 29. In the South African mining environment, a number of alternative gold-mining methods are being proposed and tried, such as... 

Stepping into the mining-house breach

By: System Author     11th June 1999 The changing mining industry is providing new opportunities for consulting engineers serving the mining industry. The phasing out of the old mining-house concept in particular is resulting in tenders being invited for work which was previously the preserve of the mine owners themselves. A firm... 

Gold beneficiation initiatives take off

By: System Author     4th June 1999 South African gold-mining company Anglogold is undertaking various initiatives to support local gold beneficiation, including the ‘Riches of Africa’ gold jewellery design competition. At a gala function held in Gauteng in May to announce the overall winner, Anglogold CEO Bobby Godsell... 

‘Fingerprinting’ technology for gold applied to concentrates

By: System Author     4th June 1999 Gold fingerprinting technology as developed by Anglo American Research Laboratories (AARL) has led to the identification of the origin of about R12,4-million-worth of gold bullion between 1994 and 1996. Now a pilot study is under way to refine the application of this technology on... 

Banking on mining

By: System Author     4th June 1999 The long-term trend for the Peruvian mining sector continues to be one of expansion, despite present short-term difficulties caused by the international situation, Mining Weekly can today report. “The reform programme implemented by President Alberto Fujimori, together with the... 

Gold’s monetary role increasing

By: System Author     4th June 1999 There is still a broad appreciation of gold’s role as a monetary asset, evidenced by the fact that 120 institutional holders of the metal, such as Russia, Poland and the Philippines, are actively adding to their reserves. This is the view of World Gold Council (WGC) gold market analysis... 

Grand old mining company prepares itself for growth

By: System Author     4th June 1999 One of South Africa’s oldest names in the mining industry is set for a future of growth. West Rand Consolidated Mines (WRCM), which can trace its history back to 1887 – although the present name was adopted only in 1908 after the Botha’s Reef Mining Company had merged with a... 

Will delayed NewCoal beat South Dunes’ deadlines?

By: System Author     4th June 1999 After some significant delays, the process of forming a large new black-empower- ment coal-mining company is back on track – the idea now is to have the new owners in place by the end of the year. In July 1998, South Africa’s two coal giants, Amcoal and Ingwe, announced that they... 

Carlin Trend, US

By: System Author     4th June 1999 Name: Carlin Trend. Location: 51 km west of Elko, in north-eastern Nevada in the US. Brief description: The mine consists of both pit mines and underground mines. The gold quarry is a large, low-grade disseminated sediment-hosted gold deposit. Mineralisation occurs in three main zones which are... 

The great gold coin debate

By: System Author     28th May 1999 The gold-cast face of human rights worldwide, that of President Nelson Mandela, could lead to a head-to-head battle with South Africa’s other prestigious gold coin product, the Krugerrand. Mining Weekly engaged in an investigation to find out exactly how a potential... 

Morila the gorilla elephant

By: System Author     28th May 1999 Gold explorers often speak of efforts to find ‘elephants’ – deposits of significant size that can be turned into profitable operating mines. However, one gold company has found a deposit called Morila in Mali, which not only rhymes better with ‘gorilla’, but could... 

New rotary kiln range is developed

By: System Author     28th May 1999 THE gold-mining industry’s ongoing use of carbon-in-pulp, leach and heap-leach processes has encouraged Efco Furnaces of Boksburg, Gauteng, a leading manufacturer of kilns and furnaces, to develop a new range of rotary kilns. The gas-fired or electrically-heated kilns are available in a... 

Canadian company expands gold assets

By: System Author     28th May 1999 Development of South Deep by the Placer Dome-Western Areas joint venture is only one of three major projects that Placer Dome of Canada has undertaken to build its worldwide portfolio of good-quality gold assets. The Canadian company completed its transaction with Western Areas, effective on... 

Ruby Hill Nevada, US

By: System Author     28th May 1999 Name: Ruby Hill Location: The mine is located 1,7 km northwest of Eureka and 408 km east of Reno, Nevada Brief description: Ruby Hill is an open-pit gold-mine and ore-processing facility Products: Gold Mining method: Design capacity is 3 500 t/d comprised of 2 600 t of low-grade ore crushed in... 

Dinosaurs into mammals

By: System Author     28th May 1999 The disappearance of so many of South Africa’s once-world-famous mining houses should not be the occasion for dismay, but for hope and anticipation. “The disappearance of the traditional mining houses is not a sign of failure but of renewal – the dinosaurs are turning into... 

R1m rotary kiln for Tanzanian project

By: System Author     28th May 1999 R1-million contract for the manufacture and supply of a 600 kg/h rotary kiln for Ashanti Goldfields’ Geita Mine project in Tanzania has been awarded to Custom Furnaces of Randvaal, Gauteng, MD John Lee tells Mining Weekly. The company, which attributes 70% of its turnover to activities... 

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