Our gold production in south deep mine

AISC For Gold Miners In 2018: Trend Reversal | Seeking Alpha

Jun 21, 2018· The latest production results of Q1 2018 weren't nice either as production fell due to production issues at the South Deep mine. This is a gold miner to avoid for the time being. This is a gold ...

South Africa Region | Operations | Gold Fields

A material restructuring at South Deep was announced in August 2018, aimed at reducing the workforce and mobile equipment levels in alignment with consolidating mining activity to increase focus and to recalibrate the cost base with anticipated levels of production.

Back to Basics - New plan set Gold Fields' South Deep ...

Jul 14, 2017· The South Deep mine in Westonaria, owned and operated since 2007 by dual-listed gold major Gold Fields, has been struggling to meet its production targets since Gold Fields took control. In light of this, the company took its long-term production targets off the table in 2015 and set in motion a ...

Gold Fields plans to cut up to 1,560 jobs at South Deep

Gold Fields has repeatedly revised down its production targets at South Deep, which it bought in 2006, and on Tuesday it said the restructuring of the mine meant it was unlikely to reach the 480 ...

Hopes pinned on unprofitable South Deep Mine for glimpse ...

However, Gold Fields, which owns the mine, is hoping it can still revive at least some of its prospects and squeeze out some last remaining profits in the years to come. South Deep, in many ways, is a metaphor for South Africa's flagging gold industry. Characterised by a sunset phase, the industry is …

South Africa: South Deep gold mine restructuring ...

Gold Fields reports that South Deep has had a number of operational challenges since it acquired the mine in 2006. The key challenge has been the difficulty in transitioning the mine from one run with a conventional mining mindset and practices to mining with a modern, bulk, mechanised mining …

Top 10 deepest mines on the planet

Did you know that eight of the ten deepest mines in the world are located in just one South African region? We bet you also didn't know that most of these operations are focused on gold extraction. To increase your mining knowledge, Mining Examiner brings you a new list today, this time about the 10 deepest pits in the world. Also see Nature's Deep Holes 1.

TauTona Mine - Wikipedia

The TauTona Mine or Western Deep No.3 Shaft, is a gold mine in South Africa. At approximately 3.9 kilometers (2.4 mi) deep, it is home to the world's deepest mining operations, rivalled only by the Mponeng gold mine. The mine is one of the three Western Deep Levels mines of the West Wits gold field west of Johannesburg.

South Africa World's Deepest Gold Mine Construction - Full ...

Feb 25, 2017· Mponeng is a gold mine in South Africa's Gauteng province. It extends over 4 kilometres below the surface, and is considered to be one of the most substantial gold mines in the world. It is also ...

Gold Fields Funding Internally On Heavy Growth Capex ...

Jan 02, 2018· South Deep Mine. South Deep mine was cash positive in 2016. Production is expected to increase from 315,000 ounces in 2017 to 500,000 ounces in …

South Deep mine halts gold production due to strike action

Nov 05, 2018· JSE/NYSE-listed Gold Fields has halted production at its South Deep mine as a result of strike action by the National Union of Mineworkers, which started on the afternoon of 2 November 2018. Gold Fields confirms that only limited essential services teams are working at South Deep. With the ...

Gold Fields' quarterly output falls, South Deep woes ...

South Africa's Gold Fields reported lower production for the March quarter and flagged more challenges at its problematic South Deep mine on Wednesday, sending its share price sharply lower.

Gold Fields shuts South Deep after deaths | IOL Business ...

May 29, 2014· Johannesburg - Gold Fields stopped most production at its South Deep mine in South Africa after two deaths in a fortnight, the latest blow to the 24-year development of the world's second ...

Top 10 Deepest Mines In The World: Most Of Them Are Gold Mines

DariuszSankowski / Pixabay. South Africa is home to eight of the world's top 10 deepest mines. The country has been one of the world's largest gold producers for decades, even though gold production there has been declining in recent years.

South Deep strike hits Gold Fields' output | IOL Business ...

Nov 12, 2018· Gold Fields paid Canada's Barrick Gold and other shareholders R8.5 billion to acquire South Deep in 2006. Although it pumped in R30bn to convert the deep-level mine …

Gold Fields' international mines offset dismal South Deep

Gold Fields reported a deep annual loss after a second year of hefty spending on two big mines and a big production miss at its troubled South Deep mine in SA. As part of its strategy to lift ...

Gold Fields Targets Annual Production of 1 Million Ounces ...

Sep 17, 2010· Gold Fields (NYSE: GFI), one of the largest unhedged gold producers in the world, is working on plans to increase gold production at its South Deep Mine to 1 million ounces a year, making it South ...

Goldfields CEO predicts drop in Q1 output at South Deep mine

Mar 10, 2017· Gold Fields' last South African asset, South Deep, reported a rise in profit for the first time in 2016 along with a plan to make the mine more profitable with a long term production target of ...

Gold Fields impairs South Deep R3.5bn as fails to meet ...

A BELOW forecast gold price and a slower ramp up of production at South Deep negatively affected Gold Fields' profits for its 2017 financial year. The group said in a trading update earlier today that headline share earnings could be up to 12% lower year-on-year while normalised earnings which excludes non-cash exceptional would be 21% […]

South Deep Gold Mine - Wikimapia

South Deep is a long-life, developing deep-level gold mine operating at between 2,000 and 3,000 meters below surface and production at the mine began in 1961 and South Deep has a projected mine life of 70 years. The property covers an area of 2,469 hectares of surface (freehold) land and 3,563 hectares of continuous mineral rights. .

Gold Fields retrenchments: South Deep mine to cut 30% of ...

Gold Fields, one of the world's largest gold mining firms, is set to retrench up to 1 560 employees at its South Deep operation in Gauteng. Built in 1951, South Deep is the largest gold mine in ...

Infographic: Descend Into The World's Deepest Gold Mine

Dec 08, 2016· Every day, about 5,000 lbs of explosives are blasted in the mine, and 6,400 tonnes of rock are excavated. Breaking New Ground. Gold production at the world's deepest gold mine has been declining each year, so miners going even deeper to try and get gold. The continued search for gold in Mponeng has led to scientific discoveries.

Gold Fields' quarterly output falls, South Deep woes ...

Apr 25, 2018· South Africa's Gold Fields reported lower production for the March quarter and flagged more challenges at its problematic South Deep mine on Wednesday, sending its share price sharply lower. South …

Homestake Mine (South Dakota) - Wikipedia

The Homestake Mine was a deep underground gold mine located in Lead, South Dakota. Until it closed in 2002 it was the largest and deepest gold mine in North America. The mine produced more than forty million troy ounces (43,900,000 oz; 1,240,000 kg) of gold during its lifetime.

Fatality at Gold Fields' South Deep - Mining Journal

Gold Fields has suspended operations at its South Deep mine in South Africa after a series of four seismic events in quick succession caused its first fatality for the year. ... which accounts for ...

Gold Fields Expects Lower Production at South Deep Mine

Mar 14, 2017· Nicholas J. Holland, CEO of Gold Fields Ltd. (GFI), revealed the company's first-quarter 2017 production at its South Deep mine in South Africa could be …

Gold Fields: South Deep Strike Begins, Guidance Lowered ...

Nov 12, 2018· Gold Fields provides 3Q production report.A strike has begun at the South Deep mine.The company decreased its production guidance.The key events in the South Deep …

NUM Gives Strike Notice at South Deep Mine - finance.yahoo.com

Nov 01, 2018· Gold Fields Limited is a globally diversified gold producer with seven operating mines in Australia, Ghana, Peru and South Africa, and a total attributable annual gold-equivalent production of ...

South Deep Gold Mine - Mining Technology

South Deep Gold Mine. Technical Short Form Report. South Deep Gold Mine is an intermediate to deep level gold mine comprising two shaft systems that mine various auriferous conglomerates from open ground and pillars that occur at depths between 1,575 m and 3,500 m below surface.

Gold Fields' Q1 Production Falls as Problems at South Deep ...

South Africa's Gold Fields (NYSE:GFI) reported Q1 results, which show a decline in gold production and signal additional challenges for its troublesome South Deep mine. South Deep is the company ...

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