View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
August 15, 2018updated 21 Jan 2019 11:18am

Lily gold mine scheduled to reopen in 2020 following disaster

The Lily gold mine in Mpumalanga, South Africa, is expected to reopen in February 2020 under new owners, following its closure in the wake of an accident that led to the deaths of three employees in 2016.

By JP Casey

The Lily gold mine in Mpumalanga, South Africa, is expected to reopen in February 2020 under new owners, following its closure in the wake of an accident that led to the deaths of three employees in 2016.

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.

The Siyakhula Sonke Empowerment Corporation (SSC Group) has purchased the mine’s previous owners, Vantage Goldfields, and expects commercial operations to restart in 2020, following one year of blasting work to reopen the mine and subsequent safety work.

SSC plans to invest R46.2 million into the Lily operation, which is expected to produce 40,000oz of gold in 2020, as well as the nearby Barbook mine, which is also located in the Barberton Greenstone Belt. The group has already completed reconnaissance operations at the Lily mine.

“The purpose of the visit was to assess underground workings and any damage to equipment and infrastructure,” said SSC CEO Fred Arendse. “I believe the acquisition of Vantage Goldfields will accelerate our strategy in becoming a premier gold mining operator and will give us a platform to showcase our integrated mining value offering, as the SSC Group.”

Despite SSC’s plans, a final decision on the project can only be made once a new access decline to the mine has been developed, and the area affected by the 2016 accident is assessed. Three workers – Yvonne Mnisi, Pretty Nkambule and Solomon Nyerende – died on 5 February 2016 when a crown pillar beneath the earth collapsed, forming a sinkhole into which the room they were working in fell. SSC aims to recover the bodies of the victims, which have yet to be found.

SSC noted that short-term planning for the mine’s reopening, financial assurances and treatment of surface resources have all been completed, and the company has started work on completing other goals needed ahead of commercial operation.

The appointment of managers, negotiations for a re-employment programme with trade unions and a restructure of the office hierarchy are all underway. SSC aims to appoint a contractor to complete the new access decline by the end of the year.

Mining Technology’s Mining Safety content is supported by USA mining safety specialists Carroll Technologies Group.

Related Companies

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.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The mining industry's most comprehensive news and information delivered every month. The mining industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Mining Technology