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(MWS) Buffelsfontein Tailing Project
(MWS) Buffelsfontein Tailing Project
Country South Africa 
Status PRODUCTION 
Latitude / Longitude 26 S 55 / 26 E 47
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Gold - Uranium -
Develops
Explores for
Risk and valuation analysis of the (MWS) Buffelsfontein Tailing Project
Status Risk : Production
Country Risk : Important
Resource Risk : 65.00%
Title(s) of the (MWS) Buffelsfontein Tailing Project
First Uranium
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
First Uranium plans to conduct hydraulic mining of nine of the 11 tailings mounds on the Buffelsfontein property using high pressure water cannons to slurry the tailings which will then be pumped to processing plants for the recovery of uranium and g more...
Franco Nevada Corp.
Purchasing Contract: 25%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
In terms of the deal, Gold Wheaton has contracted to buy 25% of the estimated life-of-mine gold production from FUM’s Mine Waste Solutions tailings recovery operation (MWS). MWS is expected to produce around 2.1m oz of gold over its economic life  more...
Location of the (MWS) Buffelsfontein Tailing Project
The Buffelsfontein Project is a proposed tailings uranium and gold recovery operation located in the Western portion of the Witwatersrand Basin approximately 160 km from Johannesburg.
 
History of the (MWS) Buffelsfontein Tailing Project
The Buffelsfontein property consists of the Buffelsfontein underground mine and the Hartebeestfontein underground mine. The Buffelsfontein underground mine commenced production in 1954, while production at the Hartebeestfontein underground mine co more...
 
Geology of the (MWS) Buffelsfontein Tailing Project
The Project lies within the Witwatersrand Basin, an Archean (approximately 2.7 billion years) sedimentary basin, whose surface expression is an elongate structure that extends longitudinally for approximately 300 km NE-SW by 100 km NW-SE. It contai more...
 
Reserves and resources of the (MWS) Buffelsfontein Tailing Project
TonnageGradeReserves and resources
UraniumGoldUraniumGold
%g/tlbsoz
 Proven99,400,0000.010.30 17 531 159 958 735
 Probable226,000,0000.010.27 34 877 130 1 961 839
 Proven and Probable325,400,0000.010.28 52 408 289 2 920 574
 Measured99,400,0000.010.30 17 531 159 958 735
 Indicated235,700,0000.010.26 36 374 069 1 970 262
 Mesured and Indicated335,100,0000.010.27 53 905 228 2 928 997
 Inferred21,200,0000.010.28 4 673 800 190 847
 Total 681 700 000 110 987 317 6 040 418
Definitions
Reserves and resources of the (MWS) Buffelsfontein Tailing Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 6 040 418 958 735 1 961 839 2 920 574 958 735 1 970 262 2 928 997 190 847oz8 212 552 264 US$
 Uranium 110 987 317 17 531 159 34 877 130 52 408 289 17 531 159 36 374 069 53 905 228 4 673 800lbs US$
Production Objectives
Metal2013201420152016201720182019202020212022
GOLD (oz)140,000140,000140,000140,000140,000140,000140,000140,000140,000140,000
URANIUM (lbs)950,000950,000950,000950,000950,000950,000950,000950,000950,000950,000
Location
Data last updated on : 3/31/2008
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources