Asset Report

South Deep gold mine

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06 September 2018

South Deep gold mine

Report summary

South Deeps is the 7th deepest gold mine in the world. When Goldfields acquired the mine the plan was to produce up to 1.2Moz/a of gold. In 2009 a feasibility study based on annual gold production of 700koz was approved. However, production ramp up has been severely affected by a variety of issues, chiefly lack of skilled mechanised mining people. In 2015, production hit an all time low of 198koz. A new re-based mine plan released in February 2017 has estimated a maximum steady state production of 500koz/a. 

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