Bambanani Gold Mine
South Africa /
Free State /
Virginia /
World
/ South Africa
/ Free State
/ Virginia
mine, gold mine
This is the Mining Right for Bambanani Gold Mine which is owned and operated by Harmony Gold (as of Feb 2011). Located in the Free State, near Welkom, Bambanani comprises one surface shaft with a sub-shaft that feeds the Harmony 1 Plant, located some 7 kilometres away. Harmony initially acquired Bambanani as part of the acquisition (in a 50:50 joint venture with ARMgold) of the Freegold operations (made up of Bambanani, Phakisa and Tshepong) from AngloGold Ashanti Limited in January 2002. In September 2003, Harmony acquired these operations in their entirety. At the end of June 2010, Bambanani (including Steyn 2) reported mineral reserves of 1.431 million ounces of gold and mineral resources of 7.429 million ounces.
With the acquisition of Pamodzi Gold’s Free State assets, the Steyn 2 shaft has been included in the operational management of Bambanani.
This deep-level operation (3 680m below surface) undertakes largely scattered mining on the Basal Reef, with some remnant pillar extraction (around 25%). Development is currently under way for the extraction of the shaft pillar, where stoping operations are due to begin in 2012.
In FY10, Bambanani employed 3 887 people – 3 611 employees and 276 contractors.
Reference for information:
www.harmony.co.za/b/ops_sa_bambanani.asp
www.har.co.za/businessreview_mineral_freestate.htm
www.harmony.co.za/b/res_tbl_fs.asp
Reference for SEC filings and lease maps:
www.secinfo.com/d14D5a.z3a4r.htm
With the acquisition of Pamodzi Gold’s Free State assets, the Steyn 2 shaft has been included in the operational management of Bambanani.
This deep-level operation (3 680m below surface) undertakes largely scattered mining on the Basal Reef, with some remnant pillar extraction (around 25%). Development is currently under way for the extraction of the shaft pillar, where stoping operations are due to begin in 2012.
In FY10, Bambanani employed 3 887 people – 3 611 employees and 276 contractors.
Reference for information:
www.harmony.co.za/b/ops_sa_bambanani.asp
www.har.co.za/businessreview_mineral_freestate.htm
www.harmony.co.za/b/res_tbl_fs.asp
Reference for SEC filings and lease maps:
www.secinfo.com/d14D5a.z3a4r.htm
Nearby cities:
Coordinates: 28°2'42"S 26°48'13"E
- Virginia Operations - Merriespruit 1 4.3 km
- Beatrix Gold Mine 13 km
- St. Helena Gold Mine 14 km
- Welkom Gold Mine 21 km
- Hilton Gold Project 42 km
- Target Gold Mine 48 km
- Sishen Iron Ore Mine 380 km
- Anglo American Kolomela Mine 393 km
- Kalagadi Manganese Mine 405 km
- Makulu Manganese mine 420 km
- Tailings Impoundment 26 km
- Allemanskraal Dam 48 km
- Kroonstad Airport 66 km
- Steynsrus 74 km
- Voorspoed Diamond Mine 83 km
- Koppies Dam 125 km
- Vredefort impact crater 127 km
- Heilbron 144 km
- Phiritona 144 km
- Vaal Dam (man-made lake) 186 km