Asset Report

Burnstone gold mine project

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06 September 2018

Burnstone gold mine project

Report summary

Burnstone project was previously operated by Great Basin Gold up to 2012 when the mine was placed on care and maintenance and GBG went into liquidation. An option on the mine was acquired by Wits Gold who in turn was acquired by Sibanye Gold. Feasibility study on the gold project was completed in 2015, as project development started in 2016. Total capital expenditure was estimated at R1.852 billion.

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