Visit the Gold Fields Group website at www.goldfields.com
South Deep’s state-of-the-art surface control centre serves as the digital nerve centre of the mine’s activity across the value chain.
CEO Chris Griffith says South Deep has been tracking well against its production targets throughout the year
Gold Fields Ltd was burning cash almost every year at their only facility in South Africa, until the continent’s third-largest miner of the metal started looking at Toyota Motor Corp for inspiration.
Mapungubwe has its golden rhino, and now Gold Fields has a Rhino it hopes will be a cash-spinner in a gold mine.
It took Gold Fields years to get regulatory approval for a solar plant at its South Deep mine in western Gauteng. After it was finally nailed down, construction began in October last year and it began feeding power to the mine in August.
A new solar power plant at Gold Fields' South Deep mine near Johannesburg will supply 24% of its electricity, the miner said late last week, adding they are also exploring wind power as companies across the country seek to curb their reliance on Eskom.
Gold producer Gold Fields says it's intensifying its focus to renewable energy. This is part of the mine's contribution towards the global goal to eradicate emissions by 2050. This goal is to see countries globally lowering their carbon usage contributing to cleaner energy.
As Gold Fields' landmark solar project at South Deep begins feeding power to the operations, the gold miner has offered to supply Eskom with surplus energy from the project.
Modernisation is the name of the game at the Gold Fields South Deep mine. The operation’s digitalisation journey began in 2019 and has culminated in a state-of-the-art surface control centre, which drives the mine to safer, greener, smarter efficiencies for Goldfields, its employees, and the Witwatersrand region.
South Africa's biggest gold mine is switching to solar power later this year, saving R123 million in electricity costs, lowering its carbon footprint, and mitigating load shedding disruptions.
Carbon taxes, as proposed by the Treasury, are too high and could make mining companies in SA less competitive if they do not act fast enough to cut their emissions, says Niks Lesufi of the Minerals Council SA.
CAPE TOWN (miningweekly.com) – Gold Fields’ South Deep gold mine west of Johannesburg in Gauteng will be generating its own solar power at a mere 8.5% of the cost of power from the national grid.
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Dual-listed gold producer Gold Fields has reported a 22% year-on-year increase in its headline earnings to $890-millon, or $1 a share, for the year ended December 31.
Having turned a profit for the third year in a row, the once-troubled South Deep gold mine is on track to becoming "bulletproof" at any gold price, Gold Fields has said.
GOLD Fields CEO, Chris Griffith identified South Deep as the group’s stand out performer in the company’s 2021 financial year saying gold output of 293,000 ounces – 29% higher than forecast – would be exceeded this year.
On the back of a major solar project, which is mere months away from powering up the South Deep gold mine in Johannesburg, Gold fields is now turning its attention to the possibility of introducing wind energy to the operation, too.
The mining industry has called for urgent deregulation of the energy sector so that private players can help to relieve crippling energy shortages facing South Africa.
South Africa needs more power generation to overcome the supply gap and underpin economic growth, and investments by private companies, including mining houses, are essential to close that gap.