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Mine Waste Solutions extension project, South Africa – update

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Photo by ©Bloomberg

10th May 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Mine Waste Solutions extension project.

Location
Stilfontein/Orkney area, in the North West, in South Africa.

Project Owner/s
Harmony Gold Mining Company.

Project Description
Mine Waste Solutions was acquired by Harmony Gold in October 2020 and is a gold reclamation operation that treats 2.2-million tonnes a month from historical tailings facilities through the Mine Waste Solution plant.

Residue is deposited on the existing Kareerand tailings storage facility; however, this facility is running out of tailings deposition capacity.

The project involves extending the existing deposition site to allow for the full development of Harmony’s tailings resource in the region; it is expected to produce about 100 000 oz/y of gold and extend the operation’s life-of-mine by 16 years.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
This project will be funded out of group cash.

Planned Start/End Date
Not stated.

Latest Developments
The project is on track.
 
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.

Edited by Creamer Media Reporter

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