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CRG will produce next year

CRG exploration
Johannesburg, South Africa — MININGREVIEW.COM — 04 August 2008 – Central Rand Gold (CRG) – listed on the London Stock Exchange and the JSE, and the holding company for a group of companies engaged in gold mining and exploration in South Africa – is scheduled to launch trial mining in October as a prelude to reaching its initial target of producing 100 000 oz pa by the end of 2009.
The company’s operating subsidiary, Central Rand Gold South Africa, is currently involved in prospecting the area south of the Johannesburg Central Business District, known as the 3C’s (Consolidated Main Reef, Crown Mines and City Deep), as well as Langlaagte. (

Releasing its latest operational update here, the company revealed that it had purchased a plant with the capacity to process ore at a rate of 20 tonnes an hour from trial mining. Acquired from Gekko Systems in Australia at a cost of US$5.74 million (R45 million), the plant comprised a communication circuit, a gravity circuit and a flotation circuit.

CRG said it was expected that the plant would be shipped from Melbourne in August 200, and it was scheduled to arrive in Johannesburg mid-September. It would be erected and be suitable for commissioning shortly after its arrival.

The trial mining plant, which would be situated on the surface, was expected to be fully commissioned in October, and was expected to ramp up in the following months to a target rate of around 12 000 tonnes of ore per month.

The update added that trial mining would confirm the company’s mining and metallurgical concepts and determine the final configuration of mining and processing requirements, leading to the commencement of full-scale mining from surface deposits by the end of the first quarter of 2009.

“Full scale mining of already targeted surface deposits (down to 10m below surface), and shallow underground mining (between depths of 10m to 70m), will begin by the end of Q1 2009,” the update concluded. “The first three mining slots will be accessed for surface mining, as well as providing access for the company’s ongoing drilling and underground bulk sampling programmes.”