Kusasalethu mine

Kusasalethu Gold Mine
Kusasalethu Gold Mine Location in South Africa Coordinates: 26°27′14″S 27°21′33″E / 26.45389°S 27.35917°E / -26.45389; 27.35917
Location	Carletonville
Province	Gauteng
Country	South Africa
Owner
Company	Harmony Gold
Website	Harmony Gold website
Year of acquisition	2001
JSE	HAR
Production
Financial year	2008
Ounces of Gold	158,631
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Kusasalethu (formerly Elandskraal, an amalgamation of Elandsrand and Deelkraal mines) is a gold mine on the West Wits Line near Carletonville, Gauteng, South Africa, and 75 km west of Johannesburg. The Deelkraal Section of the mine is situated about 5km to the west at 26°28′03″S 27°18′36″E / 26.4675°S 27.31°E / -26.4675; 27.31.

Overview

The mine is owned by the Harmony Gold Mining Co. Ltd. and is the amalgamation of the Deelkraal mine and Elandsrand mines, bought from AngloGold in 2001 for R1 billion in cash.^[1]

Kusasalethu mines mainly the Ventersdorp Contact Reef (VCR) and the Carbon Leader. Production in 2007 was 195,000 ounces, proven and probable reserves totalled 8.3 million ounces and additional identified resources totalled 7.1 million ounces.^[2] An R989 million (US$137 million) project to develop a deeper 'new mine' to exploit the VCR between 3,000 and 3,600 metres below surface is well advanced. It is expected to be complete in 2010 and boost annual production to 416,000 ounces.^[2]

On 3 October 2007 3,200 employees were trapped underground when a 15 metre compressed air pipe broke away just below surface in the men and material shaft and fell to the shaft bottom, severely damaging both the shaft steelwork and the electricity supply to the sub men and material shaft. The trapped workers were all brought to surface by 4.00 p.m. the following day after cages had been installed in the rock shaft.^[3][4] 48 days of production were lost.^[5]

Production

Recent production figures:^[6]

Year	Production	Grade	Cost per ounce
2006	170,867 ounces	5.94 g/t	US $ 523
2007	194,710 ounces	5.98 g/t	US $ 527
2008	158,631 ounces	5.54 g/t	US $ 652
2009

See also

• Elandsrand township

References

1. ^ "AngloGold Sells Its Deelkraal And Elandsrand Mines To Harmony For R1 Billion" (Press release). AngloGold. December 19, 2000. http://www.anglogold.com/Additional/Press/AngloGold/2000/19+Dec+2000+186.htm. 
2. ^ ^{a b} "Annual Report" (PDF). Harmony. 2007. http://www.harmony.co.za/im/files/reports/2007/files/Harmony_AR07.pdf. 
3. ^ "Rescue operation at Elandsrand" (Press release). Harmony. 4 October 2007. http://www.harmony.co.za/im/press_display.asp?pressId=89. 
4. ^ "Successful rescue operations at Elandsrand" (Press release). Harmony. 4 October 2007. http://www.harmony.co.za/im/press_display.asp?pressId=90. 
5. ^ "Elandsrand update" (Press release). Harmony. 12 October 2007. http://www.harmony.co.za/im/press_display.asp?pressId=93. 
6. ^ "Kusasalethu, formerly Elandsrand". Harmony. http://www.harmony.co.za/b/ops_sa_elands.asp. Retrieved 29 September 2009. 

External links

• Company factsheet on the mine
• Schalk Burger, December 10, 2010, Kusasalethu aims to produce 200 000 oz of gold in 2011