anglo gold ashanti mponeng mine

anglo gold ashanti mponeng mine

  • Home AngloGold Ashanti

    AngloGold Ashanti’s South African Region assets include the Mponeng underground gold mine, and two surface operations comprising the Mine Waste Solutions tailings dump-retreatment business and the rock dump reclamation and processing business.

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  • South Africa AngloGold Ashanti

    Our South Africa region has undergone extensive restructuring to ensure its long-term sustainability. Following this restructuring and the sale of assets, AngloGold Ashanti’s South African operations currently are Mponeng, the world’s deepest gold mine and Surface Operations which encompasses those surface facilities in the West Wits area and in the former Vaal River area, which process

  • Mponeng Gold Mine Wikipedia
    OverviewPhysical conditionsIn popular culture

    Mponeng is a gold mine in South Africa's Gauteng province. It extends over 4 kilometres (2.5 mi) below the surface, and is considered to be one of the most substantial gold mines in the world. It is also currently the world's deepest mine from ground level. The trip from the surface to the bottom of the mine takes over an hour. Over 5400 metric tonnes of rock are excavated from Mponeng each day. At a price of $19.4 per gram o

  • Wikipedia · Text under CC-BY-SA license
  • Mponeng Gold Mine, Gauteng Mining Technology Mining
    Geology and ReservesMiningExplorationOre ProcessingProductionMponeng is located on the north-western rim of the Witwatersrand Basin. There are seven gold bearing conglomerates within the lease area, of which two are economically viable at present. The VCR is a gold-bearing quartz-pebble conglomerate of intermediate grade, capping the last angular Witwatersrand non-conformity.The CLR is a 20cm thick tabular auriferous quartz pebble conglomerate.As of December 2010, proven reserves See more on mining-technology
  • AngloGold Ashanti puts a for sale sign on the world’s...

    May 10, 2019· Africa’s top gold producer, AngloGold Ashanti, is putting the last of its South African assets up for sale. Anglo American exited from gold years ago and looks like it is here to stay as it

  • AngloGold Ashanti draws a line under SA gold mining

    AngloGold Ashanti draws a line under SA gold mining The decision to find buyers for its Mponeng mine, the world's deepest at 4km below surface, and two tailings operations comes at a point

  • AngloGold Ashanti plots its exit from SA

    JOHANNESBURG AngloGold Ashanti on Thursday announced plans to sell all its remaining South African mine Mponeng, the world’s deepest mine outside Carletonville, as the company exits from the

  • Author: Dineo Faku
  • [PHOTOS] 5 of the most staggering facts about the Mponeng

    Sep 22, 2015· Owned and operated by AngloGold Ashanti, approximately 4,000 miners take the plunge each and every day to work underground at Mponeng. To access the mine, workers board an elevator shaft “cage” that fits 120 people at a time, which then travels to the first stage of the mine located 1.6 mile below the Earth.

  • Mponeng AngloGold Ashanti South Africa Home

    AngloGold Ashanti has reached an agreement to sell Mponeng and Mine Waste Solutions to Harmony Gold. Follow us on Facebook . EMPLOYEE BRIEF, FEB 2020. Preserving long term value in South Africa for all our stakeholders. OVERVIEW. Over the past few months, AngloGold Ashanti has embarked on a strategic ownership review of its South African

  • Three AngloGold Ashanti Miners Dead After Rockfall at

    8 days ago· JOHANNESBURG — AngloGold Ashanti on Friday found the bodies of three miners after a 2 magnitude earthquake caused an underground rockfall at its Mponeng gold mine 76 km (47 miles) from Johannesburg.

  • AngloGold: 3 Catalysts To Fuel Share Price Growth In FY

    11 days ago· AU's disposal of Mponeng mine is a plus for its overall mining profile. In this article, we will evaluate an investment case in AngloGold Ashanti based on its operating and financial

  • AngloGold Ashanti signals SA exit with sale of Mponeng to

    ANGLOGOLD Ashanti is to sell its Mponeng mine and Mine Waste Solutions (MWS) to Harmony Gold for $300m (R4.44bn), the company said in an announcement today. The R118bn gold producer said that in choosing Harmony Gold it had opted for a long-standing operator of ultra deeps mines. “From the beginning of the process an objective []

  • Deepest mine in the world: What does the future hold for

    May 28, 2019· AngloGold Ashanti's Mponeng mine was named the world's tenth-largest gold project in 2013. Credit: JMK. The deepest mine in the world could soon be changing hands. AngloGold Ashanti has made its intentions to sell the Mponeng gold mine in South Africa clear, despite the project posting an 18% increase in production between 2017 and 2018, and

  • World's deepest mine gets $1 billion injection MINING.COM

    AngloGold Ashanti’s Mponeng mine (which for most of its life went by the much more mundane moniker of Western Deep Levels No. 1) in South Africa is a superlative mine in many ways (see below).

  • AngloGold Is Said to Pick Harmony to Buy South African

    Feb 10, 2020· AngloGold Ashanti Ltd. picked Harmony Gold Mining Co. as the buyer for its last remaining South African operations, according to people familiar with the matter. AngloGold’s Mponeng mine

  • SENS: Harmony’s acquisition of Mponeng and Mine Waste

    SENS: Harmony’s acquisition of Mponeng and Mine Waste Solutions from AngloGold Ashanti Johannesburg. 12 February 2020. Harmony has entered into a definitive agreement ("Transaction Agreement") with AngloGold Ashanti Limited ("AngloGold") to acquire AngloGold's South African business (the "Business" and/or the "Acquisition"), subject to

  • AngloGold Ashanti sells SA mines for US$297 million

    AngloGold Ashanti is selling its Mponeng mine and Mine Waste Solutions tailings recycling business to Harmony Gold for $300m (about R4.4bn), marking the end of its exposure to SA mining. Harmony will pay $200m in cash and $260/oz of gold from Mponeng and other underground assets included in the

  • AngloGold plans to sell mines in final exit from South

    May 09, 2019· AngloGold Ashanti moved closer to exiting South Africa mining by announcing plans to sell its remaining assets in the country. The sale would include Mponeng, the world’s deepest mine and

  • AngloGold mine workers killed underground in Mponeng

    7 days ago· Three miners at AngloGold Ashanti’s Mponeng mine, have died after being trapped underground. On Thursday, 5 March 2020, the company said seven workers had been affected by a seismic event at the

  • AngloGold Ashanti expects Mponeng sale in 2020

    Oct 31, 2019· BusinessLive reports that AngloGold Ashanti (AGA) expects to agree a sale of its last SA assets in the first half of 2020, Having reduced its SA asset base to a single underground mine at Mponeng, the world’s deepest mine at 4 km below surface, and a tailings retreatment operation, AGA has opted to sell those remaining assets.

  • South Africa News: AngloGold Assets to Harmony for $300

    Feb 12, 2020· The acquisition of AngloGold’s Mponeng mine and surface assets will help Harmony replenish its South African reserves. It will also boost output by about 350,000 ounces a

  • AngloGold plans to sell mines in final exit from South

    May 09, 2019· AngloGold Ashanti moved closer to exiting South Africa mining by announcing plans to sell its remaining assets in the country. The sale would include Mponeng, the world’s deepest mine and

  • AngloGold mine workers killed underground in Mponeng

    7 days ago· Three miners at AngloGold Ashanti’s Mponeng mine, have died after being trapped underground. On Thursday, 5 March 2020, the company said seven workers had been affected by a seismic event at the

  • AngloGold Ashanti expects Mponeng sale in 2020

    Oct 31, 2019· BusinessLive reports that AngloGold Ashanti (AGA) expects to agree a sale of its last SA assets in the first half of 2020, Having reduced its SA asset base to a single underground mine at Mponeng, the world’s deepest mine at 4 km below surface, and a tailings retreatment operation, AGA has opted to sell those remaining assets.

  • South Africa News: AngloGold Assets to Harmony for $300

    Feb 12, 2020· The acquisition of AngloGold’s Mponeng mine and surface assets will help Harmony replenish its South African reserves. It will also boost output by about 350,000 ounces a

  • AngloGold Ashanti exits SA, sells mines for US$297 million

    AngloGold Ashanti is selling its Mponeng mine and Mine Waste Solutions tailings recycling business to Harmony Gold for $300m (about R4.4bn), marking the end of its exposure to SA mining. Harmony will pay $200m in cash and $260/oz of gold from Mponeng and other underground assets included in the transaction based on production above 250,000oz/year.

  • AngloGold Ashanti Wikipedia

    In January 2009, AngloGold Ashanti sold its 33% stake in the Boddington Gold Mine in Australia to Newmont Mining for US$1.0 billion. Russell Edey, chairman of AngloGold since 2002 and, after the merger also of AngloGold Ashanti, was replaced by Tito Mboweni in May 2010.

  • All AngloGold Ashanti’s operations in

    AngloGold Ashanti has now entered into an agreement with Harmony Gold for Jump to. Sections of this page. Accessibility Help. Press alt + / to AngloGold Ashanti has reached an agreement to sell Mponeng and Mine Waste Solutions to Harmony Gold. Learn More. AngloGold Ashanti has reached an agreement to sell Mponeng and Mine Waste Solutions

  • Harmony buys AngloGold’s last SA mine Company News

    Separately, AngloGold Ashanti said a non-cash impairment charge following the sale of Mponeng would result in flat to lower full-year earnings. Harmony Gold Mining has bought AngloGold Ashanti's remaining SA gold mine in a $300 million (R4.4 billion) deal it says will consolidate its position as one of SA's leading gold producers.

  • AngloGold Ashanti sale of Mponeng mine in South Africa is

    AngloGold Ashanti Limited announced that it had agreed to sell its remaining South African operating assets to Harmony Gold Mining Company Limited. The assets include the company’s West Wits operations and its mine waste and surface operations. The transaction is credit positive for AngloGold

  • AngloGold searching for three employees following seismic

    ANGLOGOLD Ashanti was searching for three employees at its Mponeng mine one of the world’s deepest following a seismic event at midday today. The two-magnitude seismic event resulted in a large fall of ground in a working area some 3.5 kilometres below surface, the company said. Seven

  • Mponeng Gold Mine Wikipedia

    Mponeng is a gold mine in South Africa's Gauteng province. It extends over 4 kilometres (2.5 mi) below the surface, and is considered to be one of the most substantial gold mines in the world. It is also currently the world's deepest mine from ground level. The trip from the surface to the bottom of the mine takes over an hour.

  • What will AngloGold do with its Mponeng mine in SA?

    What will AngloGold do with its Mponeng mine in SA? AngloGold Ashanti’s strategy is unequivocal — if a mine or prospect doesn’t fit it goes. New CEO Kelvin Dushnisky has outlined that

  • AngloGold Ashanti : March 05, 2020 AngloGold Ashanti

    AngloGold Ashanti Provides Information on Seismic Event Today at Mponeng Mine (JOHANNESBURG PRESS RELEASE) Shortly after noon today a two-magnitude seismic event at the Mponeng mine, southwest of Johannesburg, caused a large fall of ground in a working area roughly 3.5km below surface.

  • Mponeng Gold Mine Wikimapia

    AngloGold Ashanti’s Mponeng mine in the North West Province of South Africa is one of the world’s deepest and richest gold mines with grades at over 8 g/t. It is one of three AngloGold projects in the West Witts area. The name means ‘look at me’ in the local Sotho language.