Visit the Gold Fields Group website at www.goldfields.com
One of our aspirations is to be the beacon of pride for our people, our communities, our stakeholders and our shareholders
In February 2021, the National Energy Regulator of South Africa (NERSA) approved Gold Fields’ application for the construction of a 40MW solar power plant at South Deep. In June 2021, the South African Government announced an increase in the embedded generation threshold to 100MW. Read more
As part of our commitment to effectively engage with our communities, South Deep has been conducting relational assessments with its neighbouring communities since 2014. These studies pose a number of questions to gain insight into how community members perceive South Deep and vice versa, according to various aspects of the mine / host community relationship.
The questions highlight the quality of the relationship according to four indicators: legitimacy; compatibility of interests; respect; and trust.
This work was recently featured as a case study published by Shift, a centre of expertise on the UN Guiding Principles on Business and Human Rights, which works across continents and sectors promoting business practices that respect human dignity.
Read the full case study here
We strive to be transparent, inclusive and fair in selecting businesses to work with us, and we recently introduced an online process to make this easier.
Potential suppliers can pre-register via our website by following this link to our Working with South Deep page. This process allows you to tell us what goods and services you offer and receive alerts about tenders and opportunities that match your offerings.
Find out more about Working with South Deep here
At South Deep, our journey towards being a beacon of pride means not only meeting but exceeding the targets proposed in the Mining Charter 2010 guidelines for Inclusive Procurement, Supplier and Enterprise Development while contributing to socio-economic development of communities we operate in. Our Mine’s targets are outlined on page 83 and 84 of our Social and Labour Plan, which can be accessed here. We reflect periodically on how we are doing in terms of how we are achieving our targets, and this information is reflected on our Procurement performance page here.
We produced 78 koz of gold a small improvement of 2% when compared to Q4 2021.
Surface tonnes milled increased by 15% to 332kt compared to 288kt in the previous quarter
It cost us 3% less to produce a kilogram of gold than it did in the previous quarter
Development increased by 8% to 1,562 metres compared to the previous quarter.
In total, the area we destressed in the past quarter was 1,185m2
South Deep Gold Mine is a world-class bulk mechanised mining operation located in the Witwatersrand Basin, near Westonaria 50km south-west of Johannesburg, South Africa’s commercial capital.
The mine has been built to extract one of the largest known gold deposits in the world and boasts a mineral reserve of 38 million ounces. This is equivalent to almost 100,000 gold bullion bars.
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