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Evander Mines’ 7 Shaft – Egoli project, South Africa – update...
20 Sep, 2024 10:56 445 min read
The Evander Mines’ 7 Shaft – Egoli project in Mpumalanga, South Africa, aims to increase production by utilizing existing infrastructure at low capital cost. Owned by Pan African Resources, the underground operation will produce gold from 7 Shaft’s 15 to 23 levels. With an expected net present value of R2.01 billion, the project is set to create around 1,200 jobs and achieve steady-state production within 16 months post-completion.... More