Gold Fields

- Gold Fields - Corporate webite - Our vision is to be the global leader in sustainable gold mining

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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.

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Gold Fields to shut South Deep mine | Fin24

May 30, 2014· The mine, which had 4 000 employees and between 1 700 and 1 800 contractors, had started talks with unions. The National Union of Mineworkers on Friday said it was concerned over Gold Fields' intention to review 500 jobs at the South Deep mine. "We reject any job losses.

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Terrifying Facts About the World's Deepest Gold Mine

The deepest gold mine in the world is Mponeng, a 2.5-mile hole in the ground in South Africa. A whole underground city — lightless and lawless — lives inside the mine.

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South Africa gold mine: About 950 workers trapped ...

South Africa is a leading gold producer, but the industry has often been accused of a poor safety record. The Beatrix mine is in Welkom town, about 290km (180 miles) south-west of Johannesburg. It ...

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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.

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latest article on south deep gold mine - Minevik

Home > Products > latest article on south deep gold mine. Mobile Crushing Plant. Stationary Crushing Plant. Grinding Mill. Washing & Screening. Three in One Mobile Crusher. Mobile VSI Crusher. Mobile VSI Crusher & Washer. Mobile Crusher & Screen. Mobile Impact Crusher. Four in One Mobile Crusher.

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latest article on south deep gold mine

latest article on south deep gold mine. South African mining is in crisis Deep trouble The Economist. Jul 8, 2017 Deep troubleSouth African mining is in crisis AngloGold Ashanti, a gold mining giant, last week announced plans to lay off 8,500 This article appeared in the Middle East and Africa section of the print edition under the.

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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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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 ...

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South Africa's golden age is dead. Good riddance — opinion ...

9 days ago· The gold mining industry that built South Africa and produced about half of the yellow metal that’s ever been dug up seems now to be in terminal decline. ... South Deep is …

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South Deep output 43% down, costs 56% up – Gold Fields

Quarter-on-quarter gold production at the South Deep gold mine fell 43% in the first three months of 2017, when costs soared 56%, Gold Fields reported on Wednesday. All-in costs (AIC) at the mechanised mine, located 45 km southwest of Johannesburg, rose to a high level of $1 821/oz in the first quarter, on a steep production fall to 45 800 oz.

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South Africa Region | Operations | Gold Fields

South Africa Region - Gold Fields - Corporate webite - Our vision is to be the global leader in sustainable gold mining. ... South Deep is a unique mine unable to rely on industry proxies to inform its strategy and provide benchmarking, and a strategic option evaluation process was conducted in 2018. The intent was to identify the preferred way ...

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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 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 plan to ‘fix its base’.

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Fate of South African Gold Rests on Giant, Loss-Making Mine

Jul 29, 2018· The South Deep mine was built to target the world’s second-biggest known body of gold-bearing ore, a deposit that could produce for the next 70 years and slow the …

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Gold Fields to slash jobs at South Deep | Company News

Gold Fields will lay off up to 1 100 permanent employees and 460 contractors as it tries to stem losses at its South Deep mine. The gold producer says it can no longer sustain losses at South Deep, which has cost it R32 billion, including the R22 billion it paid for the mine in 2006.

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Another shocker for Gold Fields from troubled South Deep ...

Apr 26, 2017· Just two months after Gold Fields unveiled the rebased mining plan and latest turnaround strategy for its South Deep mine, the “serial underperformer” has done it again and turned in a dismal performance in the quarter to end-March. The group’s operational update released this morning reported a 43% slump in gold output as South Deep’s […]

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South Deep Gold Mine - Mining Technology | Mining News and ...

Quarter-on-quarter gold production at the South Deep gold mine fell 43% in the first three months of 2017, when costs soared 56%, Gold Fields reported on Wednesday. All-in costs (AIC) at the ...

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South Africa gold mining: What lies at the bottom of one ...

A South African gold mine that goes two miles beneath the Earth's surface holds far more than just precious metals. ... South Africa's gold mines are now so deep they might as well be on another ...

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Gold Fields profits while South Deep remains problematic

Gold Fields profits while South Deep remains problematic. August 2015: Gold Fields has seen a considerable improvement at the end of the second quarter despite the falling gold price and the continued troubles at South Deep mine – Gold Fields’ remaining gold mine in SA.. At a presentation of the company’s results in Johannesburg, Gold Fields CEO Nick Holland reported on stabilised ...

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South Deep transformation is on track | Mining News

May 09, 2014· The transformation process underway at Gold Fields’ South Deep gold mine “will continue to gain traction through the June quarter, and should result in greater stability and improved productivity during the second half of the year,” said CEO Nick Holland in the company’s results for the March 2014 quarter.

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Gold Fields to cut up to 1‚560 jobs at South Deep mine

Aug 14, 2018· Gold Fields is preparing to lay off up to 1‚560 people at its loss-making South Deep mine‚ marking yet another attempt at restoring the operation‚ which has absorbed R32-billion so far.

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Deeper Gets Deadlier in South Africa’s Aging Gold Mines ...

Sep 08, 2016· Most fatalities occur in South Africa’s gold mines, which are the deepest on Earth. After the precious metal was discovered in 1886, the country quickly became the biggest producer until 2007.

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Worm discovered in South African gold mine is deepest ...

Jun 02, 2011· Worm discovered in South African gold mine is deepest-living land animal ever found. Most watched News videos. ... Apple's latest update is about boosting stability, ...

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Gold Fields Looks Interesting At Current Levels - Gold ...

Source: Gold Fields presentation. South Deep mine. The company has managed to go through a very challenging period of South Deep mine restructuring that was characterized by a violent strike and ...

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Gold mining is far from dead in SA - Moneyweb

3 days ago· Production at Gold Fields’s only remaining SA mine, South Deep, fluctuates wildly from quarter to quarter. ... worth more than R59 billion at the current gold price and exchange rate. The latest ...

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Southern Venezuela: A ‘Gold Mine’ for Organized Crime

Drug trafficking, battles between state forces and armed groups, extortion and illegal gold mining have transformed southern Venezuela into a region where citizens live in a parallel state ruled by organized crime. Criminal gangs, members of Venezuela’s Bolivarian National Guard (Guardia ...

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Gold Fields going all out to put South Deep gold mine into ...

Gold Fields is going all out to push Gauteng's uniquely mechanised deep-level South Deep gold mine into the black once and for all. The company is ploughing R200-million a year into training ...

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South Deep Gold Mine - GOLD FIELDS

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.

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Cash burn at South Deep hits R120m as Gold Fields laments ...

Nov 22, 2018· GOLD Fields had suffered cash burn of R120m to date as a result of a strike by the National Union of Mineworkers (NUM) – now entering its 20th day (R6m/day) – at the firm’s South Deep mine west of Johannesburg. This was despite attempts to resolve the strike where progress had been good, but was thwarted […]

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Gold Fields may make South Deep decision before financing ...

Apr 14, 2019· BOARD approval and financing for Gold Fields’ $834m Chile project, Salares Norte, was most likely to be preceded by a strategic decision over South Deep, the group’s faltering South African gold mine. JP Morgan Cazenove analyst, Dominic O’Kane, said in a note on April 11 that South Deep and Salares Norte were “mutually exclusive” in […]

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Deep in a South African gold mine, scientists drill for ...

Deep in a South African gold mine, scientists drill for the heart of an earthquake. By Paul Voosen May. 31, 2017 , 11:00 AM. It’s no easy feat to drill into the faults that cause earthquakes.

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Barrick Gold: What To Expect In 2018 - Barrick Gold ...

Jan 02, 2018· Barrick Gold is one of the largest gold producers in the world with 1.243 Moz of gold produced in 3Q'17. The company forecasts gold production of ~5.4 Moz/2017. Acacia Mining in …

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