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a) Gold Receipts from the Burnstone mine totaled $936,519. $716,695 of these . Great Basin Gold Limited Receipts & Disbursements for the period of June 28, 2013 to Dec 13, 2013 (USD 000''s) Burnstone Cash Inflow Note Gold Receipts $ 937 a Revenue to Copper Eagle $ (717) a Interest & Other Inflows $ 1,173
South African company Southgold Exploration is a wholly-owned subsidiary of Toronto-based Great Basin Gold (GBG) Limited, which is an international mining company engaged in the exploration and development of gold properties. Southgold''s principal asset is the Burnstone mine in Mpumalanga.
Feb 19, 2016· of Sibanye Gold''s Mineral Resources and Mineral Reserves and of the overall regulatory compliance of these figures is Mr. Gerhard Janse van Vuuren, who .
Jan 05, 2012· We have been reducing Gold One, which has a project in South Africa called Modder East, a shallow reef gold mine similar to Burnstone, which is owned by Great Basin.
have taken to a gold mine, is in the same tiny league as CMJ. Yet the fledgling company, run by a group of mining engineers from Alberta and a Colombian patriarch named Fernando Jaramillo, is almost surely, in my layman''s view of the property above and below ground, sitting atop a .
Nov 20, 2012· Investors are mad with the state of play at Great Basin Gold Ltd., an international gold mining company with mines in Nevada and South Africa that is now in bankruptcy protection.
The first 90% of Burnstone''s free cash flow will be used to repay the Wits Gold Loan and the balance of 10% to repay the Southgold Debt. On settlement of the Wits Gold Loan and interest, Southgold Debt will be repaid from 30% of Burnstone''s free cash flow and the balance will be paid to Wits Gold.
resources in the heart of the premier gold producing region in South Africa, the Witwatersrand Basin (Wits Basin), while also considering acquisition opportunities of near-term producing mines ...
Jul 31, 2014· Sibanye Gold: It''s Time To Take Profits. Jul. 31, 2014 8:58 AM ET ... to acquire the Burnstone mine which came as part of the Wits Gold ... option to acquire the 90% complete Burnstone mine.
From actual free cash flow generated by Southgold, the repayments of the Wits Gold Loan and balance of the Total Southgold Liability of US$170.1 million, being the Total Southgold
Wits Gold to provide up to R 950 million of new funding by means of a loan ("Wits Gold Loan"), over time, as working capital to support the production plan; o Wits Gold Loan attracts interest at JIBAR +4%; o Wits Gold Loan to be repaid first: 90% free cash to Wits Gold Loan; 10% to Southgold Debt
Total mine tons milled, gold recovered annually • 1 million reef tons annually at steady state production • Gold recovered: 4,000kg (125,000oz) annually at steady state production (eight years) A +100,000 ounce per annum producer 20-200 000 400 000 600 000 800 000 1 000 000 1 200 000 Total milled tons-500 1 000 1 500 2 000 2 500 3 000 3 500 4 000 4 500 5 000
2 implementation of effective mining and other engineering projects. Most recently he has been active in the following specific areas: o Scoping, pre-feasibility and bankable feasibility studies for new chrome, gold, platinum, iron ore,
Dec 13, 2013· It has agreed to exchange two mining-rights portions at Beatrix with Harmony Gold, for two of its permits at its Joel mine. It has also agreed to buy a majority stake in Gold One International''s Cooke complex. Recently, Wits Gold bid for Great Basin Gold''s Burnstone mine, which has been estimated to contain 6.4mn ounces of reserves.
We assumed control of the Cooke underground and surface operations from Gold One; concluded the acquisition of Wits Gold, a JSE and TSX-listed gold and uranium exploration company with significant gold resources in South Africa; and exercised the option held by Wits Gold to acquire the Burnstone gold mine from its previous owner, Great Basin Gold.
The Haunting Legacy of South Africa''s Gold Mines . · The name is derived from "happy prospect" in Afrikaans, and once upon a time, life and the gold haul were both good at the Blyvooruitzicht Gold Mine, 50 miles west of Johannesburg.
RESOLUTE MINING REACHES A NEW LEVEL IN ITS DRIVE FOR MULTI-MINE GOLD OUTPUT GROWTH. Resolute Mining exceeds 100,000oz gold for the September quarter on the back of its automation success at Syama in Mali and Mako mine acquisition in Senegal, with its Ravenswood mine expansion in Australia still to come.
Burnstone - Mining Atlas. Burnstone is a Gold Mine in South Africa owned by Sibanye. General: The mine was intended to start production in 2011 and produce up to 250,000 ounces of gold per year. But geological problems have resulted in very low... >>Chat Online; .
Harmony Gold Mining Company Limited Unisel Shaft (Shaft Bottom) Staircase Project: Manufacture and Installation 2018 Current Harmony Gold Mining Company Limited Tshepong Mine 66 Level Dam & Pump Station: Civils, Structural, Piping & Accessories 2018 2018 JHDA Goedehoop North Bank 2 Replacement of Vibrating Feeders
Great Basin Gold - Burnstone Mine November 2008 – January 2009 3 months. South Africa ( mpumalanga) Worked as student geologist. Work responsibilities included: core-logging, underground/face mapping, database management( storing of data obtained from the field).
![Home []</h3><p>Kore Potash is focused on bringing its world class Kola potash project into production for the benefit of all stakeholders. Kore believes its larger Sintoukola licence, in which Kola is located, has the potential to become a new globally significant potash basin in the Republic of Congo.</p><h3>Great Basin may delist from JSE | News - ShowMe](/68t5y01/227.jpg)
Kore Potash is focused on bringing its world class Kola potash project into production for the benefit of all stakeholders. Kore believes its larger Sintoukola licence, in which Kola is located, has the potential to become a new globally significant potash basin in the Republic of Congo.
The life of the Hollister silver and gold mine has been cut to three years from six years because of the downward revision of the mine''s reserves. Its proven and .
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