burnstone gold mine valuation

burnstone gold mine valuation

Major Mines Projects Burnstone Mine

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.

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Burnstone gold mine project Report Wood Mackenzie

2021-8-5  Burnstone project was previously operated by Great Basin Gold up to 2012 when the mine was placed on care and maintenance and GBG went into liquidation. An option on the mine was acquired by Wits Gold who in turn was acquired by Sibanye Gold. Feasibility study on the gold project was completed in 2015, as project development started in 2016.

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Projects Sibanye-Stillwater

2021-11-19  Sibanye-Stillwater has two advanced gold projects underway in South Africa – Burnstone and Southern Free State (SOFS). As at 31 December 2020, these projects have combined gold reserves of 4.3 million ounces and combined gold resources of 17.4 million ounces. Burnstone. Burnstone is a developmental stage gold mine and processing operation ...

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Strategic update: Burnstone Project - The Vault

Burnstone mine and assets) • All shareholder loans and inter-group loans against Southgold Offer consideration • Payment of $7.25 million on completion of transaction • Total debt reduced by 55% to $177.3 million, back-ranked to new funding and ring-fenced to and repaid from Burnstone free cash flow

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Mining Weekly - Burnstone mine, South Africa

2007-10-5  Mining Weekly - Burnstone mine, South Africa. Name: Burnstone mine. Location: The Burnstone mine is situated 80 km south-east of Johannesburg, near the

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Remember Burnstone - Mining Mirror Online

2019-4-5  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

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Burnstone Gold Mine - Wikimapia

2012-11-8  Burnstone Gold 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

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R2.3bn to be spent on Burnstone gold project – Sibanye ...

2021-3-5  Capital of R2.3-billion will be spent over 14 years on the Burnstone gold project in Mpumalanga, where two-million ounces of gold are to be mined

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Sibanye to push Burnstone restart from ... - Mining Weekly

2014-6-6  Johannesburg- and New York-listed Sibanye Gold was reviewing options to bring the idled Burnstone mine back to life from a “zero base”, in a R7-million deal senior VP for business development ...

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The Project BURNSTONE is in PRODUCTION stage. Mining ...

2011-2-5  Location of the Burnstone Project: The Burnstone gold property is located 80 km southeast of Johannesburg, near the town of Balfour. It lies in open, rolling country, traversed by major paved highways, railroads and power lines, providing excellent infrastructure for mineral development.

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Remember Burnstone - Mining Mirror Online

2019-4-5  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

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R2.3bn to be spent on Burnstone gold project – Sibanye ...

2021-3-5  Capital of R2.3-billion will be spent over 14 years on the Burnstone gold project in Mpumalanga, where two-million ounces of gold are to be mined

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Burnstone - Aveng Moolmans

Burnstone. 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

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Burnstone Gold Mine - Wikimapia

2012-11-8  Burnstone Gold 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

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How to Value a Gold Mining Company (Download

2020-12-25  See valuation model. Sometimes, mines have a royalty obligation, which is common when a land owner sells the property to a mining company. The most common type of royalty is Net Smelter Royalty (“NSR”), which is a percentage of recovered

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Mining Valuation Techniques - P/NAV, P/CF, EV/Resource

Price to Net Asset Value (P/NAV) P/NAV is the most important mining valuation metric, period. “Net asset value” is the net present value (NPV) or discounted cash flow (DCF) value of all the future cash flow. Cash Flow Cash Flow (CF) is the increase or decrease in the amount of money a

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Valuation Methods Mineral resources - United Nations

2015-5-1  Valuation Methods of Mineral Resources 5 of 13 A. The Market Price Approach1 10. Where stocks of environmental assets are tradable in the market, such as petroleum, gold, copper other and other mineral, these assets are valued by applying the prevailing prices observed in the market by the quantity of assets/goods produced or placed in stock ...

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Strategic Project Evaluation for Open Pit Mining Ventures ...

2012-1-30  Furthermore, current valuation and mine optimisation techniques do not complement each other. That is valuation techniques based on real options (RO) analysis assume an expected (constant) metal grade and ore tonnage during a specified period, while mine optimisation (MO) techniques assume expected (constant) metal prices and mining costs.

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Gold Price

2021-11-22  GOLDPRICE.ORG provides you with fast loading charts of the current gold price per ounce, gram and kilogram in 160 major currencies. We provide you with timely and accurate silver and gold price commentary, gold price history charts for the past 1 days, 3 days, 30 days, 60 days, 1, 2, 5, 10, 15, 20, 30 and up to 43 years. You can also find out where to buy gold coins from gold dealers at the ...

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Remember Burnstone - Mining Mirror Online

2019-4-5  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

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Burnstone Gold Mine - Wikimapia

2012-11-8  Burnstone Gold 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

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Burnstone plant start up delayed by 2 weeks - Miningmx

2010-7-12  [miningmx] — Great Basin Gold, the international mining company developing a gold mine on the Witwatersrand, on Monday said the start up of its Burnstone metallurgical plant would be delayed by two weeks. This is after South African power utility Eskom informed the company that the

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How to Value a Gold Mining Company (Download

2020-12-25  See valuation model. Sometimes, mines have a royalty obligation, which is common when a land owner sells the property to a mining company. The most common type of royalty is Net Smelter Royalty (“NSR”), which is a percentage of recovered

Read More
How to Determine Mineral Rights Value - 4 Mistakes to ...

2021-11-12  Mineral Rights Value – 4 Common Mistakes. Failing to compare discount rates – The key inputs of asset valuation – be it a gold mine, company, or home – involve a degree of subjectivity in their determination. Two uranium mines on adjacent

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Mining Valuation Techniques - P/NAV, P/CF, EV/Resource

Price to Net Asset Value (P/NAV) P/NAV is the most important mining valuation metric, period. “Net asset value” is the net present value (NPV) or discounted cash flow (DCF) value of all the future cash flow. Cash Flow Cash Flow (CF) is the increase or decrease in the amount of money a

Read More
Strategic Project Evaluation for Open Pit Mining Ventures ...

2012-1-30  Furthermore, current valuation and mine optimisation techniques do not complement each other. That is valuation techniques based on real options (RO) analysis assume an expected (constant) metal grade and ore tonnage during a specified period, while mine optimisation (MO) techniques assume expected (constant) metal prices and mining costs.

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MINE PROJECT EVALUATION TECHNIQUES - CORE

2021-3-18  valuation technique is to be able to consider the project risk, effect of time and management of flexibility in the valuation (Torries, 1998). The risk associated with a mining project can be classified as internal and external (sources). Internal sources of uncertainties relate to the ore body model and grade

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Mineral Deposit Value - How to Calculate the Potential ...

Before you can calculate the potential mineral deposit value, you first need to gather some specific data regarding the ore body and the individual drill results.. This required data can be found in the mining company’s press releases in which they announce

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Barrick Gold Corporation - Sustainability

Downstream monitoring along the Porgera and Lagaip Rivers in Papua New Guinea. Sustainability is entrenched in Barrick’s DNA, meaning that the day-to-day ownership of sustainability risks and opportunities is in the hands of our individual sites. This school near the North Mara gold mine in Tanzania is supported by Barrick.

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