Sibanye Sets its Sights on Burnstone | E & MJ

Sep 24, 2006· SOUTH AFRICA – GREAT BASIN GOLD of Vancouver has given the green light for development of its Burnstone gold project near Balfour. Construction of the access portal began on July 7, 2006. The Burnstone feasibility study outlined the development of a mechanized, narrow-reef underground mine with a planned average production rate of 214,000 oz ...

Investec to arrange project finance for Burnstone ...

Jun 11, 2009· Mineworkers emerging from the portal at Burnstone mine Johannesburg, South Africa — MININGREVIEW.COM — 11 June 2009 – Great Basin Gold Limited (GBG) – an emerging mid-tier gold producer listed on the Toronto and American stock exchanges – has granted a mandate to Investec Bank Limited to arrange project funding for the company's Burnstone project in South Africa.

burnstone gold mine

The Burnstone mine is one of the largest gold mines in the South Africa and in the world. The mine is located in the north-east of the country in Gauteng. The mine has …

GOLD DEVELOPMENT - Great Basin readies Burnstone mine ...

Nov 20, 2012· It also announces that it is seeking $30-million to $40-million to close down the Burnstone mine. • Sept. 18: Great Basin announces that its South African subsidiary (Southgold) has filed for protection under the South African business rescue procedures and that the parent "expects to seek creditor protection this week."

Great Basin's Burnstone mine up and running - Miningmx

The large-scale gold mines operating in South Africa include the record setting TauTona Gold Mine, which extends 3,9 km underground. TauTona means "great lion" in Setswana. South Africa accounts for 10.5% of the world's gold reserves. The Witwatersrand Basin remains the world's largest gold resource.

Projects | Sibanye-Stillwater

Mar 22, 2013· The vertical shaft at Burnstone mine Johannesburg, South Africa — 22 March 2013 – Witwatersrand Consolidated Gold Resources Limited (Wits Gold) "' which has a primary listing on the JSE and a secondary listing on the TSX "' is preparing a bid for the Burnstone gold mine in South Africa, which is in a business-rescue programme. The company is also keen to bid for AngloGold Ashanti ...

Mining Weekly - Burnstone mine, South Africa

Burnstone is located in the South Rand Basin, a subsidiary of the main Witwatersrand Basin. The gold-bearing target UK9 Reef of the Kimberley Formation, occurs in the Central Rand Group of rocks. This reef lies between the outcrop and a depth of 1,300m below surface in the mining right area.

Great Basin's Burnstone mine up and running - Miningmx

The Burnstone mine is one of the largest gold mines in the South Africa and in the world The mine is located in the northeast of the country in Gauteng The mine has estimated reserves of 291 million o of gold. Great Basin Gold Ltd fka GBGLF Message Board InvestorsHub

burnstone gold mine

Burnstone. Key Facts. Updated Dec 18, 2019; Asset Type Mine; Location South Africa; Latest Information. Mineral Reserves and Resources Report 2018 On Apr 09, 2019 from Upload. Half Year Results On Feb 22, 2018 from Edgar. Mineral Resources and Mineral Reserves Report 2017 On Feb 20, 2018 from Upload.

South Africa: Burnstone Mine Likely to Start Extraction ...

Burnstone is located in the South Rand Basin, a subsidiary of the main Witwatersrand Basin. The gold-bearing target UK9 Reef of the Kimberley Formation, occurs in the Central Rand Group of rocks. This reef lies between the outcrop and a depth of 1,300m below surface in the mining right area.

Wits Gold to bid for Burnstone | Miningreview.com

May 17, 2006· SOUTH AFRICA – Vancouver-based GREAT BASIN GOLD has received a positive feasibility report on its Burnstone project near Johannesburg. A capital investment of US$144.5 million will be needed to create an operation averaging 214,000 oz of gold annually over 14 years. Operating costs of US$36.63/oz are estimated, and cash costs would be US$254 ...

Burnstone Gold Mine - Wikimapia

Sep 24, 2006· SOUTH AFRICA – GREAT BASIN GOLD of Vancouver has given the green light for development of its Burnstone gold project near Balfour. Construction of the access portal began on July 7, 2006. The Burnstone feasibility study outlined the development of a mechanized, narrow-reef underground mine with a planned average production rate of 214,000 oz ...

Sibanye Sets its Sights on Burnstone | E & MJ

The mine, reasonably shallow in terms of gold mining in South Africa, has two shafts—a decline shaft to move machinery in and out of the operation and a vertical shaft for transporting men and materials, as well as rock-hoisting. Ventilation and water conduits are accommodated in the vertical shaft.

Great Basin Gold Burnstone Mine Dust Abatement

Burnstone Gold Mine, South Africa Mineral rights previously held by large mining houses were consolidated as a result of the new Mining Act in South Africa. The deposit was drilled and a resource of more than 17 million ounces was located before it was sold to Great Basin Gold a subsidiary of the Hunter Dixon Group.

Major Mines & Projects | Burnstone Mine

Burnstone should be in commercial production by the end of June next year. The mine, which is about 80km southeast of Johannesburg, will produce about 257000oz of gold a year at full production ...

South Africa: Burnstone Mine Likely to Start Extraction ...

burnstone mine in south africa. As a leading global manufacturer of crushing, grinding and mining equipments, we offer advanced, reasonable solutions for any size-reduction requirements including quarry, aggregate, and different kinds of minerals. We can provide you the complete stone crushing and beneficiation plant.We also supply stand-alone ...

Burnstone's make or break year - Moneyweb

About Burnstone Mine The Burnstone Property is located in the South Rand area of the Witwatersrand Goldfields, approximately 50 miles (80 kilometers) southeast of the city of Johannesburg and near the town of Balfour. The Burnstone Project has received all of the required permits to complete the development of the mine and commence full-scale underground mining. Block B and Block C, …

The mess at Great Basin Gold | Financial Post

Jan 20, 2011· Ferdi Dippenaar, President and CEO, said: "After nearly four and a half years, the Burnstone mine is up and running." The group incorporated in Canada and registered as an external company in South Africa reported on the progress of exploration, development and production activities at its Hollister trial mining operation in Nevada, USA and ...

Burnstone mine - Wikipedia

Burnstone Gold Mine, South Africa Mineral rights previously held by large mining houses were consolidated as a result of the new Mining Act in South Africa. The deposit was drilled and a resource of more than 17 million ounces was located before it was sold to Great Basin Gold a subsidiary of the Hunter Dixon Group.

Remember Burnstone - Mining Mirror Online

The mine, reasonably shallow in terms of gold mining in South Africa, has two shafts—a decline shaft to move machinery in and out of the operation and a vertical shaft for transporting men and materials, as well as rock-hoisting. Ventilation and water conduits are accommodated in the vertical shaft.

Burnstone Gold Mine South Africa

Mar 22, 2013· The vertical shaft at Burnstone mine Johannesburg, South Africa — 22 March 2013 – Witwatersrand Consolidated Gold Resources Limited (Wits Gold) "' which has a primary listing on the JSE and a secondary listing on the TSX "' is preparing a bid for the Burnstone gold mine in South Africa, which is in a business-rescue programme. The company is also keen to bid for AngloGold Ashanti ...

GOLD DEVELOPMENT - Great Basin readies Burnstone mine ...

May 17, 2006· SOUTH AFRICA – Vancouver-based GREAT BASIN GOLD has received a positive feasibility report on its Burnstone project near Johannesburg. A capital investment of US$144.5 million will be needed to create an operation averaging 214,000 oz of gold annually over 14 years. Operating costs of US$36.63/oz are estimated, and cash costs would be US$254 ...

Burnstone - Mining Intelligence

Accordingly, Tranter Burnstone has become the owner of the new Great Basin Gold shares, which represented an equivalent effective interest on a see-through basis of at least 26% in Great Basin Gold's South African Burnstone project as required by the Mineral and Petroleum Resources Development Act, 2002, and the Mining Charter.


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