https://www.miningweekly.com
Africa|Exploration|Gold|Mining|Surface
Africa|Exploration|Gold|Mining|Surface
africa|exploration|gold|mining|surface

At last, the Witwatersrand Gold Basin is being targeted once more

13th November 2020

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

When it comes to gold, additional exploration in South Africa’s Witwatersrand Gold Basin is not as needed as with other metals and minerals. The Wits Gold Basin has been so thoroughly explored that it’s more a question of going through bottom drawers to find shallow gold prospects. It’s good that Shallow Reefs Gold has arrived on the scene to show the way.

Currently, deep mining and surface dump mining dominate, with very little in between, even though Modder East found virgin reef and mined it profitably. Shallow Reefs Gold intends to change all that by tackling virgin gold not deeper than 1 200 m, of which there is an abundance. The Shallow Reefs Gold team is right to go all out to get it at a time of high gold price and weak currency.

These are encouraging tailwinds and the opportunity must be seized for the good of the South African people. South African retail investors need to step up to the plate and the Johannesburg Stock Exchange must promote itself more.

To watch Creamer Media's latest video reports, click here
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.275 0.313s - 126pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: