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Pamodzi Gold produced 24723oz of gold in the September quarter, about 2% below its target, at a cost of $738/oz, which was 19% higher than the targeted cost of $597/oz.
Sep 02, 2020· Driefontein is a large, shallow to ultra-deep level gold mining and processing operation located in the Far West Rand Goldfields of the Witwatersrand Basin, near the town of Carletonville in the Gauteng Province of South Africa, 70 km west of Johannesburg.
Aug 19, 2008· Ndlovu's production will be over and above that of the group's existing shafts on the East Rand. One of Pamodzi's other operations is the Orkney gold mine in the North West province, which it took over from Harmony in February 2008, and which will produce some 100,000 to 110,000 ounces of gold .
Cash-constrained gold junior Pamodzi had overcome fund-raising difficulties by itself raising a second R200-million tranche in order to attain the desired R400-million needed to capitalise its ...
May 24, 2007· No wonder Pamodzi is now "reviewing" that position. Simply, hedging is disastrous when gold is in a bull run as, despite inevitable fluctuations, it clearly is now. Pamodzi's internal targets for the second quarter are production of 710kg (22,800 oz) on the East Rand and 106kg (3,400 oz) at Middelvlei.
Pamodzi Gold controls Pamodzi Gold West Rand (Pty) Ltd ("PG West Rand") and Pamodzi Gold East Rand (Pty) Ltd ("PG East Rand"). PG West Rand does not control any firm. PG East Rand controls various companies 3 which include Consolidated Modderfontein Mines Limited. 4
Makhura declares West Rand a COVID-19 hotspot. The mining area has seen an increase in coronavirus cases since the lockdown was lowered to alert level four earlier this month.
Aug 19, 2008· Ndlovu's production will be over and above that of the group's existing shafts on the East Rand. One of Pamodzi's other operations is the Orkney gold mine in the North West province, which it took over from Harmony in February 2008, and which will produce some 100,000 to 110,000 ounces of gold .
Apr 03, 2014· Savagery governs Wild West mine. ... of the descent of the West Rand's once-prosperous gold mining areas into violent ungovernability. ... calamitous degeneration of two insolvent Pamodzi Gold ...
Mann said that White Water Resources had cash after selling its JCI shares and Wit Nigel had rights below Sub Nigel, which made it part and parcel of the East Rand Basin, where Pamodzi Gold's ...
Mar 10, 2009· For Pamodzi Gold, the journey has been pretty short, but arduous and very thorny. The launchpad was an open pit mine in Middelvlei on the West Rand, followed by an acquisition of Bema Gold.
Gold One International Limited (ASX and JSE: GDO) and Goliath Gold Mining Limited (JSE: GGM) are pleased to advise that the final prospecting right pertaining to the acquisition agreement to purchase the underground deposits and selected surface assets of Pamodzi Gold East Rand (Pty) Limited ("Pamodzi") has been granted.
Sep 05, 2017· The rand gold price is currently R558,534/kg, an improvement that would make ". all the difference", according to Pretorius. "A R10,000/kg increase makes a massive difference," he said. "We will make a R110m saving on running costs simply because of adjustment in our business cost profile; and more predictable reserve.
Horak tells Mining Weekly he is very much involved in further exploration of Pamodzi Gold's West Rand black reef and main reef geology, known as the Middelvlei Reef and the Ventersdorp Contact ...
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Aug 25, 2009· Pamodzi Gold liquidation update: Kobus du Plooy – executive director, Pamodzi Investment Holdings . ... We bought a small open-cast opportunity from Gold Fields in the West Rand.
Gold-miner AngloGold Ashanti was currently preparing to sell its West Rand mine dumps, which contain gold and uranium, and could conclude the process in the fourth quarter, it said on Thursday.
Jan 23, 2014· Engelbrecht also noted that Pamodzi had "proved claims in the insolvent estate of Aurora" to the value of R122-million in gold sales and R1.8-billion incurred through the .
Savagery governs Wild West mine. ... Gcweka's death is emblematic of the descent of the West Rand's once-prosperous gold mining areas into violent ungovernability. ... closely resembles the murders of illegal miners at the Pamodzi gold mines, allegedly by Aurora's security.
Jan 17, 2014· Harmony sold these mining operations to the now liquidated company Pamodzi Gold Orkney in 2008. The land, owned by ArmGold, was also sold to Pamodzi. ... Central Rand, Western and Far West basins ...
Gold producers across Johannesburg and here on the West Rand, namely AngloGold Ashanti, Gold Fields, Harmony and Sibanye-Stillwater commemorate Women's Month by recognising the important role women play in the mining industry. They are calling for an .
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Acquisitive gold junior Pamodzi has reserves of close to four- million ounces, CEO Peter Steenkamp reports. These are made up of 600 000 oz on the West Rand and East Rand, the company's two ...