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June 5, 2020

AngloGold Ashanti to restart Mponeng mine operations with 50% workforce

Gold mining company AngloGold Ashanti is looking to gradually ramp-up operations at its Mponeng underground gold mine in South Africa, and is aiming to operate the mine at 50% capacity.

Gold mining company AngloGold Ashanti is looking to gradually ramp-up operations at its Mponeng underground gold mine in South Africa, and is aiming to operate the mine at 50% capacity.

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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
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Mining activities at Mponeng, the world’s deepest operating mine, were suspended for after a total of 196 Covid-19 cases were identified at the site.

The Mponeng mine is located in Gauteng province in South Africa. It is 76km from Johannesburg.

According to Reuters, the company started a phased resumption of Mponeng with only four crews on the first shift. This is only 9% of the normal full capacity of 44 crews.

AngloGold Ashanti spokesman Stewart Bailey was quoted by the news agency as saying: “Our aim is a gradual ramp up to 50% capacity.”

In South Africa, all mines were allowed to operate at full capacity from 1 June, after the country further eased Covid-19-related restrictions.  These restrictions have already likely knocked off 8-10% of mine production for this year.

In March this year, AngloGold Ashanti halted production at Mponeng mine following a collapse at the site that claimed the lives of three miners.

This February, AngloGold Ashanti signed an agreement to sell its remaining producing assets and related liabilities in South Africa to gold Harmony Gold for $300m.

In May last year, AngloGold Ashanti unveiled plans to sell all its remaining assets in South Africa, primarily comprising the Mponeng mine.

 

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Free Report
img

Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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