In the wake of the hostage drama underground at the Gold One mine on the East Rand, 230 mine workers were said to be refusing to come to the surface at Blyvoor on the East Rand. But this time, it ...
Aurous is a South African gold mining company operating the Blyvoor Mine on Johannesburg's West Rand. The company is led by an agile leadership team and strong investors, who have built a quality, long-term, profitable mining asset offering steady growth and low costs. More information is available
Blyvoor Gold, the company that bought Blyvoor in 2015, says it has returned the mine, on Gauteng's West Rand, to a cash-positive state, offering steady growth and low costs.
• Aurous intends to ramp up Blyvoor Mine gold production to average ~150koz per year at an all-in-sustaining-cost of ~$815/oz with further upside from Gauta Tailings. • The Transaction values Aurous at a pre-money equity value of $362 million, implying a Price / Net Asset Value transaction multiple of 0.3x.
Blyvoor Gold has invested more than $100 million (about R1.8 billion) in refurbishing and upgrading the mine after it stood idle during the previous ownership, the company said in a statement ...
Gold mining company Pan African on Wednesday announced that it had entered into a conditional agreement to acquire Blyvoor Gold Operations for R110-million from Peter Skeat's Blyvoor Gold. The ...
Peter Skeat's project to re-open the former Blyvooruitzicht (Blyvoor) gold mine should finally get the green light in January after a string of funding set-backs during 2017 which have delayed the start-up since May. That was the original target set by Skeat in November 2016 but he – wisely – qualified his forecast at the time he made it ...
The Blyvoor Gold mine is an underground operation located on the Witwatersrand gold belt, South Africa situated in a prolific gold mining area within the Carletonville Goldfield. The region hosts a number of well-established gold mines and is well serviced by all amenities. The mine is located approximately 14 km from the town …
KATORO Gold's proposal to list a new gold producer on the London stock exchange (LSE) treating dumps at the former Blyvooruitzicht gold mine looks like it is going nowhere as partner Target Mine Consulting (TMC) still does not have ownership of those dumps.. The dumps belong to Peter Skeat's unlisted Blyvoor Gold company. He is …
Blyvoor Gold's total supplier spend in 2022 reached R680-million and Floyd expects this amount will grow as the mine's operations scale up.
Blyvoor Gold, the company that bought Blyvoor in 2015, says it has returned the mine, on Gauteng's West Rand, to a cash-positive state, offering steady growth and low costs.
Workers at Blyvoor Gold Mine resurfaced on Thursday, concluding a more than 30-hour underground sit-in. ... READ: WATCH: Gold One sit-in draws to an end as mine workers trickle to the surface. Gold One and NUM characterised the events as a hostage situation, alleging that non-Amcu-affiliated workers were compelled to remain …
Nomad Royalty Company has reported Q1 deliveries of 6,604 gold-equivalent ounces and preliminary revenue PRECIOUS METALS Protestors march on restarted Blyvoor gold mine
Following the delivery of 300koz of gold to Nomad under the stream agreement, the stream percentage shall be 0.5% on the first 100koz of production within a calendar year until gold production reaches 10.32 million ounces at the Blyvoor Mine. Nomad will make ongoing payments of $572 for each ounce of gold delivered under the …
Cape Town financial institution Cadiz Corporate Solutions is spearheading the raising of US$70m to start two mining projects – one surface and one underground – at the Blyvooruitzicht (Blyvoor) gold mine near Carletonville. The projects are being undertaken by private company Blyvoor Gold – the new name for Randlord Capital – …
Glittering gold price a boom for Aurous Resources' growth, efficiency ambitions Local investment, enterprise development underscores Aurous Resources' turnaround Solar energy project lights up Aurous Resources' prospects
Minxcon was mandated by Blyvoor Gold Operations – on behalf of the JV Partners – to complete a scoping study on the Blyvoor Gold Tailings Retreatment Project situated in Carletonville, South Africa to independently assess and evaluate all historical technical studies and development work that has been done in terms of the Blyvoor …
Blyvoor Gold Mine Stores Data Capturer See all employees Updates Blyvoor Gold 1,033 followers 9mo Report this post https://lnkd.in/gGA6gCRT. Blyvoor reports R58m contribution to South Africa's economy miningweekly 12 Like Comment Share Join now to see what you are missing ...
The solar energy project will allow the gold mine – once one of the largest in the world – to meet 40% of its energy needs, Blyvoor director Richard Floyd noted in a release to Mining Weekly ...
The newly built and commissioned number 5 shaft at Blyvoor Gold Mine near Carletonville, Gauteng. Photo: Tebogo Letsie Read this for free South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
Blyvoor Gold Offtake. The Blyvoor Gold mine is an underground operation located on the Witwatersrand gold belt in South Africa, situated in a prolific gold mining area within the Carletonville Goldfield. The region hosts a number of well-established gold mines and is well serviced by all amenities. The mine is located approximately 14 km from ...
Executive Chairman at Blyvoor Gold (Pty) Ltd · Alan has +40 yrs mining experience, mainly at senior management levels, having started his career as a learner miner. 27 years have been with the Majors (AAplc, DeBeers, AMSA, AngloGold Ashanti), covering coal (AngloCoal), gold (AngloGold and AMSA), diamond (DeBeers), copper, nickel, niobium, …
TENSIONS are brewing at the Blyvoor Gold mine on the West Rand near Carletonville where more than 800 workers have staged a sit-in underground, said EWN in a report today.. It's understood the mineworkers have refused to resurface since Wednesday morning, the publication said. The labour dispute, first reported by the Daily …
Once one of the largest gold producers on Earth, Blyvooruitzicht occupies a unique place in South Africa's history. The mine was established in 1937, and milling started in 1942. …
Following the purchase of the mine in 2015, Aurous Resources held regular mass meetings with the community to keep everyone updated on progress, with more than a thousand community members attending. In partnership with the Local Economic Development Forum, Aurous Resources implements a broad range of projects in line with the broader …
Aurous Resources is a South African gold mining company operating the Blyvoor mine and developing the Gauta tailings retreatment project on Johannesburg's West Rand.
Blyvoor Gold, which operates the Blyvoor mine – once one of the largest gold mines in the world – has invested more than $100-million in refurbishing and …
Blyvoor is a gold-bearing mine 70km south-west of Johannesburg in the north-western extreme of the Witwatersrand Basin, South Africa. Established in 1937, …
It was bought in 2015 by Blyvoor Gold, a company founded by Peter Skeat and Richard Floyd, who redeveloped the mine. Blyvoor has a streaming deal at US$572 an ounce with Nomad Royalty Company ...
