Qala Shallows Underground Gold Mine
Sector: Manufacturing (Industrial) • Location: Johannesburg, South Africa
Source: Business Insider Africa
Qala Shallows is South Africa's first new underground gold mine in 15 years, located near Johannesburg. The project involves a $90 million investment and is expected to produce about 70,000 ounces of gold annually. It is part of a concession that operated for over a century before closing in 2000 and is projected to generate $2.7 billion in revenue over 17 years with production costs below $1,300
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Qala Shallows is South Africa's first new underground gold mine in 15 years, located near Johannesburg. The project involves a $90 million investment and is expected to produce about 70,000 ounces of gold annually. It is part of a concession that operated for over a century before closing in 2000 and is projected to generate $2.7 billion in revenue over 17 years with production costs below $1,300 per ounce. The mine will reach a maximum depth of 850 meters and ore will be processed at a nearby Sibanye-owned plant. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |