Test Heading
and a description here

Sheba Data

Sheba Information

  • General 2015-05-10
    Sheba is part of the Barberton mines complex. Barberton first produced gold in 1886, after the discovery of the first gold nugget by Edwin Bray. The mining complex consists of three mines: Fairview, Consort and Sheba. At present Barberton produces approximately 100,000oz of gold per annum, at an average cash cost of approximately US$45/oz. Barberton Mines is the birthplace of BIOX® (‘Biological Oxidation’), an environmentally friendly process of releasing the gold from the sulphide that surrounds, using organisms that perform this process naturally. Barberton is still used as the training facility for all BIOX® plants globally.

Nearby Locations

Nearby Location News

  • Botswana pulls out of $279m Norilsk Nickel mine deal 2016-10-11
    Botswana withdrew its decision to buy a 50% stake in South Africa’s Nkomati mine from OAO GMK Norilsk Nickel because it can’t afford the price tag of just under P3-billion ($279-million). “The kind of situation we are in, where’s that money going to come from,” Khaulani Fichani, chairman of state-owned BCL, told reporters in Gaborone, Botswana’s capital. BCL is now being managed by a liquidator.
  • Barberton tailings plant shoots lights out with cheap, upped gold production 2016-09-23
    In the 12 months to June 30, gold was produced by the Barberton Tailings Retreatment Plant (BTRP) of Pan African Resources at the exceptionally low all-in cost of $332/oz. While Barberton Mines as a whole had a good financial year both underground and on surface, it was the on-surface BTRP that shot the lights out by not only producing 28 590 oz ultra-cheaply, but also increasing gold production by close to 18%.
  • 2016 Abridged Mineral Resource & Mineral Reserve Report 0000-00-00
    Market News alert Pan African Resources PLC

Sheba News

  • 2016 Abridged Mineral Resource & Mineral Reserve Report 0000-00-00
    Market News alert Pan African Resources PLC

Related News

  • Barberton tailings plant shoots lights out with cheap, upped gold production 2016-09-23
    In the 12 months to June 30, gold was produced by the Barberton Tailings Retreatment Plant (BTRP) of Pan African Resources at the exceptionally low all-in cost of $332/oz. While Barberton Mines as a whole had a good financial year both underground and on surface, it was the on-surface BTRP that shot the lights out by not only producing 28 590 oz ultra-cheaply, but also increasing gold production by close to 18%.
  • Pan African investigating R1.7bn gold tailings project 2016-09-21
    Gold mining company Pan African Resources is investigating a large gold tailings retreatment project at its Evander mines in Mpumalanga. Underwritten proposals for the full financing package from a number of financial institutions for the Elikhulu project, which will require an estimated capital expenditure of R1.7-billion, have been received, and dividends will be unaffected by the financing.
  • Record payout from Pan African Resources. http://www.miningmx.com/top-story/28065-panaf-registers-record-r300m-payout-weighs-new-gold-mine/ … Now considering building new underground gold mine. 2016-09-21

    Record payout from Pan African Resources. http://www.miningmx.com/top-story/28065-panaf-registers-record-r300m-payout-weighs-new-gold-mine/ … Now considering building new underground gold mine.

  • Pan African completes acquisition of Uitkomst colliery 2016-04-04
    Dual-listed precious metals mining group Pan African Resources has completed the acquisition of Uitkomst colliery from investment holdings company Oakleaf Investment Holdings and minerals company Shanduka Resources for a revised purchase consideration of R176-million. Pan African assumed effective control of Uitkomst colliery on April 1 after settling on the new amount, as well as a total net purchase consideration – inclusive of working capital acquired – of about R150-million, compared with the R200-million initially announced in June, 2015.
  • Pan African Minerals to seek compensation from Burkina Faso 2015-12-22
    Pan African Minerals, a unit of Romanian-Australian resource tycoon Frank Timis's mining conglomerate, will seek compensation from Burkina Faso for losses incurred during a suspension of its Tambao manganese mine, a company executive said on Tuesday. The West African nation's transitional government suspended Pan African's licence to export ore from the mine in March, saying it had not respected the terms of the agreement.

Top Mining News

  • Ecuador approves EIS for Lundin Gold’s Fruta del Norte project

  • Atalaya’s quarterly copper production doubled as Proyecto Riotinto ramp up continues

  • Aucu delivers more high grade results

  • Trevali expands high-grade Santander deposits, makes new hanging-wall discovery

  • Nordgold launches Bouly operation in Burkina Faso

Latest Mining News

  • Suva Ruda drilling update

  • Anglo American Platinum completes sale Rustenburg

?>