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South Deep Project
South Deep
Country
South Africa
Close to
Johannesburg
Status
PRODUCTION
Latitude / Longitude
26 S 21 / 27 E 44
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Risk and valuation analysis of the South Deep Project
Status Risk : Production
Country Risk : Important
Resource Risk : 63.00%
In situ value
129,814,591,740 $
Title(s) of the South Deep Project
Gold Fields ltd
Owner: 76%
Title
Company Profile
All Projects
Company website
Company project page
Location of the South Deep Project
South Deep is situated in the Magisterial Districts of Westonaria and Vanderbijlpark (Gauteng Province), some 45km southwest of Johannesburg. It is accessed via the N12 provincial road between Westonaria and Vereeniging.
History of the South Deep Project
The discovery of the payable Ventersdorp Contact Reef (VCR) and Upper Elsburg conglomerates in the early 1950’s, in the southern part of the goldfi elds, led to the establishment of the Elsburg Gold Mining Company Limited in 1965, which was later c
more...
Geology of the South Deep Project
Exploiting auriferous palaeoplacers (reefs), i.e. the Ventersdorp Contact Reef (VCR) of the Venterspost Formation and conglomerates that comprise the Upper Elsburg Reefs of the Mondeor Formation. Mine type and depth: A large developing deep level gold mine (>2,000 metres below surface).
Reserves and resources of the South Deep Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Proven and Probable
149,700,000
6.10
29 359 097
Mesured and Indicated
278,000,000
7.20
64 352 934
Total
427 700 000
93 712 032
Definitions
Reserves and resources of the South Deep Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven and Probable
Mesured and Indicated
Inferred
Gold
93 712 032
29 359 097
64 352 934
oz
127 832 582 273 US$
Production history
Metal
2010
2009
2008
2007
2005
GOLD (oz)
265,000
175,000
232,100
163,000
461,119
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
2020
GOLD (oz)
300,000
720,000
720,000
720,000
720,000
720,000
720,000
720,000
Exploration and drilling
10/7/2009
(Gold Fields)
Presentation Transcripts: Resources and Reserves, South Deep...
5/4/2008
(Gold Fields)
Memorial service and day of mourning to be held at South Dee...
5/2/2008
(Gold Fields)
Safety checks carried out on winding ropes following South D...
Discoveries and Drilling Results
5/10/2010
(Gold Fields)
Mega gold deposit freed up
5/5/2008
(Gold Fields)
Mining operations to resume at South Deep on Thursday
Location
Data last updated on : 6/30/2008
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
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