Doornkop mine, South Africa
Name and Location
Doornkop mine, Gauteng, South Africa.
Client
Harmony Gold Mining Company.
Project Description
The project will entail the three-phase deepening of the Doornkop main shaft to 1 973 m to access the South reef.
As at June 30, 2013, total proven and probable gold reserves at Doornkop were 7.6-million tonnes, with a grade of 4.99 g/t gold.
Value
The estimated final capital cost of the project is R1.772-billion.
Duration
Full production is expected in 2015/16.
Latest Developments
The project remains in a production build-up phase.
In the year ended June Harmony reported higher gold production year-on-year at Doornkop of 556 kg. Recovered grade increased by 9% from 3.31 g/t to 3.6 g/t and tonnes milled increased by 9%.
On Budget and on Time?
Not stated.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Harmony investor relations manager Henrika Basterfield, tel +27 11 411 2314, fax +27 11 692 3879 or email henrika@harmony.co.za.
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