https://www.miningweekly.com

Lily mine to reopen in Feb 2019, says new owner

14th August 2018

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

Vantage Goldfields, which has been bought out by Siyakhula Sonke Empowerment Corporation (SSC), plans to reopen the Lily mine, in Barberton, Mpumalanga, in February 2019, three years after a pillar collapse claimed the lives of three employees at the mine. 

A lamp house container in which employees Pretty Nkambule, Yvonne Mnisi and Solomon Nyirende were trapped during the February 5, 2016, collapse has still not been recovered.

SSC said at a media briefing, on Tuesday, that a final decision with regard to the recovery of the container can only be taken once a new access decline has been developed at the Lily mine, and the area where the crown pillar collapse occurred, has been accessed.

“A number of considerations in the planned recovery would include locality and accessibility of the container, as well as the safety of the team undertaking the activities. We expect the mine will only be ready for production in 2020, ” CEO Fred Arendse said.

He added that the company also expects to reopen the Barbook mine, also owned by Vantage, before the end of this year.   

“The sequence of reopening will also focus on getting Barbrook mine back into operation. We have already commenced our internal planning and risk assessment for Barbrook. Our plan is to reopen Barbrook first, before the end of the year,” he said.

Arendse mentioned that R250-million is required to take the mines out of business rescue and that the anticipated working capital required to operationalise the two mines and associated infrastructure is about R46.2-million.

The company is also in the process of appointing the necessary on-mine management capacity and starting to prepare the operational plans for the structured reopening of shafts and associated operations, and with engaging with unions and employees on a programme for re-employment.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 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:0.071 0.109s - 107pq - 2rq
Subscribe Now