Burnstone. Date/Duration: 2008 2012. Location: South Africa. Commodity: Gold. The scope of work included the sinking, lining and equipping of the 7.5 metre-diameter lined shaft to a depth of 501 metres, as well as the design and installation of the headgear. In May 2010, South Gold Exploration also contracted Moolmans to develop and equip a ...
· Burnstone is about 80km south-east of Johannesburg, near the town of Balfour in Mpumalanga. At the time, it was owned by Canadian outfit Great Basin Gold (GBG). In January 2011, a large group of journalists and investors was welcomed with great fanfare at the opening of this state-of-the-art mining development. And it was impressive.
Burnstone Gold Mine, South Africa Mineral rights previously held by large mining houses were consolidated as a result of the new Mining Act in South Africa. The deposit was drilled and a resource of more than 17 million ounces was located before it was sold to Great Basin Gold a subsidiary of the Hunter Dixon Group.
The mine, reasonably shallow in terms of gold mining in South Africa, has two shafts—a decline shaft to move machinery in and out of the operation and a vertical shaft for transporting men and materials, as well as rock-hoisting. Ventilation and water conduits
About Burnstone Mine The Burnstone Property is located in the South Rand area of the Witwatersrand Goldfields, approximately 50 miles (80 kilometers) southeast of the city of Johannesburg and near the town of Balfour. The Burnstone Project has received all of the required permits to complete the development of the mine and commence full-scale underground mining. Block B and Block C, …
· Great Basin Provides a Mineral Resource Update for its Burnstone Gold Mine in South Africa13 October 2011October 13, 2011, Vancouver, BC – Great Basin Gold Ltd, announces an updated mineral... | May 21, 2021
Burnstone Mine, Balfour, Gert Sibande District, Mpumalanga, South Africa : Located 8 km east of Balfour, acquired by Sibanye-Stillwater in 2014, development started in 2016 and mining production due to commence in 2021, exploiting the UK9A Reef, a thin
Burnstone is located in the South Rand Basin, a subsidiary of the main Witwatersrand Basin. The gold-bearing target UK9 Reef of the Kimberley Formation, occurs in the Central Rand Group of rocks. This reef lies between the outcrop and a depth of 1,300m below surface in the mining right area. Structurally, the project area is located on the ...
· Great Basin Gold poured its first Burnstone gold in November 2010, when it expressed the expectation of producing at an average of 254 000 oz of gold a year. But operations were suspended in September 2012 and this was followed by South Africa''s Competition Commission giving Wits Gold permission to acquire it in 2013.
20.& 0183;& 32;Burnstone Gold Mine, South Africa. Mineral rights previously held by large mining houses were consolidated as a result of the new Mining Act in South Africa. The deposit was drilled and a resource of more than 17 million ounces was lo ed before it was sold to Great Basin Gold a subsidiary of the Hunter Dixon Group.
The Burnstone Mine has progressed from a development project to the gold production stage, and is now in a build-up phase with steady state production expected by 2013. The above mineral resources, which include the mine''s mineral reserves, have been depleted by production to June 30, 2011 and are stated as of that date.