Project overview
About this development
DRD Gold and its JV partner, Mintails hope to produce 200kg/m from a gold-from-dumps operation that Anglo Gold Ashanti closed in March 2005. Value-adding uranium production and also sulphuric acid production are likely to follow gold production at a later stage. The 171-million ton Elsburg resource has an average grade 0,31 g/t and is expected to be recovered at an extraction efficiency of 49%, producing 200 kg /m of gold. Capital expenditure is estimated at R397.9 million.
Project at a glance
Ergo Mining Joint Venture (EMJV), Gauteng is located in Gauteng. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.