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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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Produces Gold -
Develops
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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%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany 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
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven and Probable149,700,0006.10 29 359 097
 Mesured and Indicated278,000,0007.20 64 352 934
 Total 427 700 000 93 712 032
Definitions
Reserves and resources of the South Deep Project
MetalTotalReservesResourcesUnitIn situ value
Proven and ProbableMesured and IndicatedInferred
 Gold 93 712 032 29 359 097 64 352 934 oz127 832 582 273 US$
Production history
Metal20102009200820072005
GOLD (oz)265,000175,000232,100163,000461,119
Production Objectives
Metal20132014201520162017201820192020
GOLD (oz)300,000720,000720,000720,000720,000720,000720,000720,000
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