Moab Khotsong life-of-mine extension project, South Africa – update
Name of the Project
Moab Khotsong life-of-mine extension project.
Location
North West, South Africa.
Project Owner/s
Harmony Gold Mining Company.
Project Description
Moab Khotsong is a deep-level mine.
The project will add 2.7-million ounces in mineral reserves at a recovered grade of about 9 g/t.
At steady state, the project will produce more than 200 000 oz/y over a 20-year life-of-mine.
The project entails a 9º, triple-decline system to extend the mine by five levels.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The major capital expenditure will be funded by Moab Khotsong.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Harmony Gold Mining Company, tel +27 11 411 2000 or email corporate@harmony.co.za.
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