Driefontein mine
In today's article, we are going to explore Driefontein mine and its relevance in modern society. From its impact on people's daily lives to its influence in the professional field, Driefontein mine has become a topic of great interest in recent years. As we progress through this article, we are going to take a closer look at how Driefontein mine has evolved over time and the implications it has on different aspects of our lives. Additionally, we will also discuss the future prospects of Driefontein mine and how it can continue to shape our world in the years to come. Get ready to immerse yourself in the fascinating world of Driefontein mine!
 | |
| Location | |
|---|---|
  Driefontein mine | |
| Location | West Wits Line of the Witwatersrand Basin (approx 70 km SW of Johannesburg) |
| Gauteng | |
| Country | South Africa |
| Coordinates | 26°23′26.16″S 27°29′24″E / 26.3906000°S 27.49000°E |
| Production | |
| Products | gold, uranium |
| Owner | |
| Company | Sibanye-Stillwater |
| Website | www.sibanyestillwater.com/our-business/southern-africa/gold/driefontein/overview |
| Year of acquisition | 2002 |
The Driefontein mine is a large mine located in the northern part of South Africa in Gauteng. Driefontein is an important gold producer and represents one of the largest uranium reserves in South Africa having estimated reserves of 238 million tonnes of ore grading 0.0053% uranium.
History
In 1937, aided by a magnetometer, Dr Rudolf Krahman discovered vast gold deposits of the West Wits Line near Carletonville South Africa, including those developed as the Driefontein and Kloof (later KDC) mines.
In 1999, Gold Fields acquired Driefontein through the purchase AGA’s 21.5% shareholding, then making Gold Fields the world’s second largest gold producer. Gold Fields Ltd held full interest in GFI Mining South Africa (Proprietary) Limited which fully owned Driefontein.
On 30 August 2005, Driefontein officially poured its 100 millionth ounce of gold.
In 2006, Driefontein successfully converted its "old order mining licence"to new order MR" and its 9 Shaft completion project was approved.
In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited (“GFIMSA”), which was then renamed Sibanye Gold Limited (“Sibanye Gold”), , and consisted of the KDC (formerly Kloof) and Beatrix mines, as well as an array of support service entities in South Africa.
References
- ^ "Uranium in South Africa". wise-uranium.org. 2012. Retrieved 2013-07-16.
- ^ Sibanye-Stillwater "DRIEFONTEIN", Sibanye-Stillwater. Retrieved April 11, 2018.
- ^ Sibanye-Stillwater[permanent dead link] "Company Announcements", Sibanye-Stillwater, November 29, 2012. Retrieved April 11, 2018.
