SOUTH AFRICAN MINE INVESTMENT DOWN UNDER:

24th August 2018 By: Martin Creamer - Creamer Media Editor

SOUTH AFRICAN MINE INVESTMENT DOWN UNDER:

Construction cranes stand at the site of the processing plant at the Gruyere gold venture, in eastern Yilgarn, Australia, a 50-50 partnership between Gold Road Resources, of Perth, and Gold Fields, of Johannesburg. Production at this 13-year life-of-mine operation is due to begin in the middle of next year, exploiting the 1.87-milllion-ounce reserve and 3.13-million-ounce resource at a rate of 270 000 oz/y. The project is expected to pour its first gold in the first half of 2019.