Vancouver, Canada — MININGREVIEW.COM — 02 December 2009 – Great Basin Gold Limited (GBG) – an emerging mid-tier gold producer listed on the Toronto, American and Johannesburg stock exchanges – says the provision of power to its Burnstone mine project in South Africa is on track, and the mine will be supplied with power from the end of June 2010.
Providing an update on the power supply to the mine, Great Basin said all design work for the first of two lines between a proposed switching station positioned between Grootvlei power station and Burnstone mine had been completed and material ordered, with construction scheduled to commence early January 2010. The proposed refurbishment of two existing lines between Grootvlei and the proposed switching station was currently being finalised and was also planned to commence in early 2010.
The update added that as an interim arrangement, Burnstone would be supplied with 25 MVA by means of a new 88 kV line. The full 51 MVA, as agreed between Eskom and Great Basin Gold, would be supplied as soon as the construction of the switching station and the refurbishment of the two lines from Grootvlei power station had been completed.
Great Basin president and CEO Ferdi Dippenaar commented: “We are pleased with the progress made by Eskom with the supply of power to the Burnstone mine. All parties involved are contributing. A project steering committee between representatives of Eskom and the company has been established and meets on a bi-weekly basis to monitor project progress to ensure that time lines are met, which will see the successful commissioning of the vertical shaft and metallurgical plant by end June 2010.”