gold production in south deep mine

  • 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 deeplevel mine

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  • South Deep Gold Mine miningtechnology.com

    Nov 05, 2018 · JSE/NYSElisted 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

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  • Gold Fields Says Production Rose 3% in 3Q, Backs 2017

    Oct 23, 2017 · Gold Fields Ltd. (GFI.JO) said Monday that gold production rose in the third quarter from the second, and reaffirmed its fullyear guidance despite the issues affecting its South Deep mine in

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  • 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 goldequivalent production of

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  • 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

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  • Carees In South Deep Gold Mines gobeyondmba.nl

    Gold Fields to shut South Deep mine Stock Markets Data. Johannesburg Gold Fields [JSE:GFI] will close its South Deep mine for between three and four months for safety upgrades, CEO Nick Holland said on Friday. As a consequence of two fatalities, which took place at or just outside the workshops, we''ve had a review by the Inspectorate of

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  • 9 Step Process for Discovering, Mining & Refining Gold

    Jan 23, 2012 · In modern times though, mining for gold is a much more intensive, yet sophistied process. Most surface, or alluvial gold has been found, which is why gold is mainly mined from the earth today. It''s largely a matter of technology and requires much expertise and elaborate equipment. Mining for gold today can essentially be broken down into 9

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  • Gold Fields : Update on NUM strike action at South Deep

    Update on NUM strike action at South Deep mine Sunday, 4 November 2018 Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) can confirm that production at its South Deep mine has been stopped as a result of strike action by the National Union of Mineworkers (NUM), which started on Friday afternoon (2 November 2018).

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  • South Deep downgrades could send Gold Fields on project

    Nov 26, 2017 · TRY as it might, Gold Fields is struggling to make ends meet at South Deep, its South African gold mine. Earlier this year, it downgraded forecast gold production by up to 10% after promising previously it could reach 90,000 ounces per quarter. According to analysts, not even the downwards adjusted

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  • 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

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  • 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

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  • Gold Fields set to cut jobs in restructure Business M&G

    The mining company has also revised its production targets — its production for the second quarter of 2018 was only marginally higher at 1 518kg than 1 485kg in the first quarter, but South Deep

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  • 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

    Get price
  • 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 duallisted 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 longterm production targets off the table in 2015 and set in motion a

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  • 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

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  • Gold Fields to restart production in South mining.com

    Dec 13, 2018 · Workers will return to Gold Fields'' sole South African mine on Thursday after a sixweek strike was called off by the country''s National Union of Mineworkers (NUM), with production likely to

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  • South Africa''s gold industry, like its economy, is

    The mine is called Durban Deep. Founded in 1896 and nicknamed the "Grand Old Lady," it was one of the most profitable mines in the world, producing more than $20 billion worth of gold before

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  • 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

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  • TauTona Mine Wikipedia

    The mine was built by the Anglo American Corporation and its 2 km (1.2 mi) deep main shaft was sunk in 1957. The name TauTona means "great lion" in the Setswana language. The mine began operation in 1962. It is one of the most efficient mines in South Africa and remains in continuous operation even during periods when the price of gold is low.

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  • Terrifying Facts About the World''s Deepest Gold Mine

    The mine is as deep as 10 Empire State Buildings, Illegal "ghost" miners live, eat, and even visit prostitutes right in the mines. At least 10% of the gold in South African mines is stolen

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  • 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

    Get price
  • 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

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  • New offer to end Gold Fields strike likely to be rejected

    South Deep is the world''s second largest goldbearing ore mine, but has been unprofitable for a decade, due to deep deposits and rising costs. ''No new offer''

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  • South Deep mine Wikipedia

    The South Deep mine is one of the largest gold mines in the South Africa and in the world. The mine is loed in the northeast of the country in Gauteng. The mine has estimated reserves of 81.4 million oz of gold.. References

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  • 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

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  • 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.

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  • 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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  • 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 story will likely take place in 2019.

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  • 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 duallisted 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 longterm production targets off the table in 2015 and set in motion a

    Get price
  • New offer to end Gold Fields strike likely to be rejected

    South Deep is the world''s second largest goldbearing ore mine, but has been unprofitable for a decade, due to deep deposits and rising costs. ''No new offer''

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  • Gold Fields CEO predicts drop in Q1 output at South Deep

    WESTONARIA, South Africa, March 10 (Reuters) The chief executive of South Africa''s Gold Fields has warned that first quarter production at its South Deep mine could be lower than expected due to safety stoppages. 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

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  • Gold Fields to restart South Deep production as workers return

    The South Deep mine, already a drag on Gold Fields'' performance, has been out of action completely for six weeks. The site has faced numerous operational obstacles in a tough geological setting 3

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  • Homestake Mine (South Dakota) Wikipedia

    The Homestake Mine was a deep underground gold mine loed 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.

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  • Major Mines & Projects Deep South Mine

    Deep South is currently in underground production and active grade control infill, Resource extension and near mine exploration drilling will be undertaken as part of normal mining activities. The Deep South deposit is amenable to mining by both open pit and underground methods. The deposit has successfully been mined by open pit during 2012/2013.

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  • South Africa''s Gold Mines Face Uncertain Future WSJ

    Sep 01, 2015 · South Africa''s Gold Mines Face Uncertain Future South Africa''s gold industry needs radical reshaping to survive beyond the next few decades global gold production, but

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