“This is a world-first technology, developed in South Africa, by South Africans, for the South African mining industry.” - Mannas Fourie.
Gold producer Gold Fields produced 557 000 oz of gold in Q3, 2020, up 7% year-on-year (or 1% quarter-on-quarter), as its operations recovered from the Coronavirus pandemic.
Gold Fields’ South Deep gold mine returned to profit in 2019, achieving two consecutive cash positive quarters following more than ten years of losses.
Students at Wits, with the support of Gold Fields, are building capacity to apply mechanised mining methods and technologies in deep-level gold mines.
South Africa’s deep level gold mining industry will over the next 10 years almost entirely cease to exist (excluding Gold Fields’ South Deep mine).
Gold Fields advises that the strike at its South Deep mine by the National Union of Mineworkers continues into its third week
The National Union of Mineworkers is worried about Goldfield's decision to retrench more than 1 500 mineworkers at its operation in South Deep, west of Johannesburg.
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