Mineral Resource and Ore Reserve Report 2011

Total Page:16

File Type:pdf, Size:1020Kb

Mineral Resource and Ore Reserve Report 2011 PURE GOLD 5102-11 AGA R&R_130 BB.qxp 3/23/12 11:12 AM Page a Scope of report www.aga-reports.com AngloGold Ashanti’s Mineral Resource and Ore Reserve are reported in accordance with the minimum standards described by the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2004 Edition), and also conform to the standards set out in the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (the SAMREC Code, 2007 edition). The Mineral Resource is inclusive of the Ore Reserve component unless otherwise stated. Note also that all Mineral Resources and Ore Reserves listed in this document are attributable unless otherwise stated. Information is presented either by operating region, country, mine or project. The following tables and graphs are used to illustrate developments across AngloGold Ashanti’s operations during 2011: Mineral Resource and Ore Reserve comparison by region, country, mine and project; development sampling results; details of average drill-hole spacing and type; Exclusive Mineral Resource; Mineral Resource below infrastructure; Mineral Resource and Ore Reserve by-products; year-on-year reconciliation of the Mineral Resource and Ore Reserve; Inferred Mineral Resource in business plan; Ore Reserve modifying factors; grade tonnage information on the Mineral Resource and lists of appointed Competent Persons. Topics for brief discussion include regional overview; country overview; Mineral Resource estimation; Ore Reserve estimation; location; geology; exploration and projects. This document, the Mineral Resource and Ore Reserve Report 2011, is a key component of the AngloGold Ashanti suite of 2011 annual reports produced to record the company’s performance regarding its finances, operations and sustainability activities for the 12 months ended 31 December 2011. Other major documents in this suite of reports are the Annual Integrated Report 2011, the Annual Financial Statements 2011 and the Sustainability Report 2011, all of which are available on the corporate website, www.anglogoldashanti.com. The Annual Financial Statements 2011 contains a summary extract of AngloGold Ashanti’s Mineral Resource and Ore Reserve. Note: Rounding of numbers in this document may result in minor computational discrepancies. Throughout this report, dollar or $ represents US dollar unless otherwise stated. All grade tonnage graphs in this document are for Mineral Resources. Forward-looking statements Certain statements contained in this document, including, without limitation, those concerning AngloGold Ashanti Limited’s (AngloGold Ashanti) strategy to reduce its gold hedging position, including the extent and effect of the hedge reduction, the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, growth prospects and outlook of AngloGold Ashanti’s operations, individually or in the aggregate, including the completion and commencement of commercial operations of certain of AngloGold Ashanti’s exploration and production projects and completion of acquisitions and dispositions, AngloGold Ashanti’s liquidity and capital resources and capital expenditure, and the outcome and consequence of any pending litigation proceedings, contain certain forward-looking statements regarding AngloGold Ashanti’s operations, economic performance and financial condition. Although AngloGold Ashanti believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, amongst other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in gold prices and exchange rates, and business and operational risk managements. For a discussion of such risk factors, refer to the section titled “Risk management and risk factors” in the annual financial statements. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of the annual financial statements or to reflect the occurrence of unanticipated events. All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein. Group overview P2 Australasia P118 Mineral Resource by country (attributable) P5 Australia P120 Exclusive Mineral Resource by Sunrise Dam P121 country (attributable) P6 Tropicana P126 Ore Reserve by country (attributable) P7 Americas P132 Reconciliation of Mineral Resource P8 Reconciliation of Ore Reserve P10 Argentina P134 Cerro Vanguardia P135 South Africa P12 Brazil P140 AGA Mineração P141 South Africa P14 Serra Grande P160 Great Noligwa P16 Colombia P166 Kopanang P22 Gramalote P167 Moab Khotsong P28 La Colosa P169 Mponeng P35 United States of America P173 Savuka P41 Cripple Creek & Victor P174 TauTona P44 Surface operations P48 Definitions P178 Uranium P52 Glossary of terms P180 Continental Africa P54 Abbreviations P184 Democratic Republic of the Congo P56 Administrative information IBC Kibali P57 Mongbwalu P61 Ghana P64 Iduapriem P65 Obuasi P71 Guinea P78 Siguiri P79 Mali P87 Morila P88 Sadiola P91 Yatela P98 Namibia P103 Navachab P104 Tanzania P108 Geita P109 AngloGold Ashanti Mineral Resource and Ore Reserve Report 2011 Contents P1 Group overview A TRULY COMPANY 10 6 5 4 Operations 12 1 Argentina 11 Cerro Vanguardia 9 7 2 13 2 3 Australia 8 Sunrise Dam 3 Brazil Serra Grande AGA Mineração 1 4 Ghana Major development Iduapriem 8 South Africa Obuasi projects Vaal River 5 Guinea Great Noligwa 11 Colombia Siguiri Kopanang Gramalote Moab Khotsong La Colosa 6 Mali Surface operations Morila 12 DRC West Wits 9 Sadiola Tanzania Kibali Mponeng Yatela Geita Mongbwalu Savuka 7 Namibia TauTona 10 United States 13 Australia Navachab Surface operations Cripple Creek & Victor Tropicana P2 The AngloGold Ashanti Mineral Resource and Ore Reserve are reported in accordance with the minimum standards described by the Australasian Code for Reporting of Exploration Results, Mineral Resource and Ore Reserve (the JORC Code, 2004 Edition), and also conform to the standards set out in the South African Code for the Reporting of Exploration Results, Mineral Resource and Mineral Reserve (the SAMREC Code, 2007 edition). The Mineral Resource is inclusive of the Ore Reserve component unless otherwise stated. AngloGold Ashanti strives to create value by growing its major asset – the Mineral Resource and Ore Reserve. This drive is based on an active, well-defined brownfields exploration programme, innovation in both geological modelling and mine planning, and continual optimisation of the asset portfolio. Mineral Resource The total Mineral Resource increased from 220.0 million ounces (Moz) in December 2010 to 230.9Moz in December 2011. A gross annual increase of 16.8Moz occurred before depletion and while the net increase after allowing for depletion was 10.9Moz, changes in economic assumptions from December 2010 to December 2011 resulted in an 11.2Moz increase to the Mineral Resource, while exploration and modelling resulted in an increase of 7.9Moz. The remaining decrease of 2.2Moz resulted from various other factors. Depletion from the Mineral Resource for the year totalled 6.0Moz. The Mineral Resource has been estimated at a gold price of $1,600/oz (2010: $1,100/oz). Mineral Resource Moz Mineral Resource as at 31 December 2010 220.0 Reductions Great Noligwa Mineral Resource reduced due to increased costs (0.6) Other Total of non-significant changes (1.8) Additions Tropicana Exploration success in the underground project 0.8 Gramalote Exploration success at Trinidad 0.9 Kopanang Grade increased as a result of exploration 1.1 Geita Combined effect of price and estimation 1.3 Iduapriem Improved Mineral Resource price 1.3 Obuasi Improved Mineral Resource price 2.3 La Colosa Exploration success 3.8 Other Total of non-significant changes 1.7 Mineral Resource as at 31 December 2011 230.9 AngloGold Ashanti Mineral Resource and Ore Reserve Report 2011 Group overview P3 Group overview Ore Reserve The AngloGold Ashanti Ore Reserve increased from 71.2Moz in December 2010 to 75.6Moz in December 2011. A gross annual increase of 9.6Moz occurred before depletion of 5.2Moz. The increase net of depletion was therefore 4.4Moz. Changes in economic assumptions from 2010 to 2011 resulted in an increase of 4.4Moz to the Ore Reserve, while exploration and modelling resulted in a further increase of 5.0Moz. The remaining increase of 0.2Moz resulted from various other factors. The Ore Reserve has been calculated using a gold price of $1,100/oz (2010: $850/oz). Ore Reserve Moz Ore Reserve as at 31 December 2010 71.2 Reductions Moab Khotsong Depletion and minor model revision (0.5) Other Total of non-significant changes (1.1) Additions Geita Improved Ore Reserve price 0.5 CC&V Mine life extension added to Ore Reserve 0.5 Vaal River Surface Technical studies showed that the economic extraction of gold and uranium from the tailings is economic 3.2 Other Total of non-significant changes 1.7 Ore Reserve as at 31 December 2011 75.6 By-products Several by-products are recovered as a result of the processing of the gold
Recommended publications
  • Arend J Hoogervorst1 B.Sc.(Hons), Mphil., Pr.Sci
    Audits & Training Eagle Environmental Arend J Hoogervorst1 B.Sc.(Hons), MPhil., Pr.Sci. Nat., MIEnvSci., C.Env., MIWM Environmental Audits Undertaken, Lectures given, and Training Courses Presented2 A) AUDITS UNDERTAKEN (1991 – Present) (Summary statistics at end of section.) Key ECA - Environmental Compliance Audit EMA - Environmental Management Audit EDDA -Environmental Due Diligence Audit EA- External or Supplier Audit or Verification Audit HSEC – Health, Safety, Environment & Community Audit (SHE) – denotes safety and occupational health issues also dealt with * denotes AJH was lead environmental auditor # denotes AJH was contracted specialist local environmental auditor for overseas environmental consultancy, auditing firm or client + denotes work undertaken as an ICMI-accredited Lead Auditor (Cyanide Code) No of days shown indicates number of actual days on site for audit. [number] denotes number of days involved in audit preparation and report write up. 1991 *2 day [4] ECA - AECI Chlor-Alkali Plastics, Umbogintwini, KwaZulu-Natal, South Africa. November 1991. *2 day [4] ECA - AECI Chlor-Alkali Plastics- Environmental Services, Umbogintwini, KwaZulu-Natal, South Africa. November 1991. *2 Day [4] ECA - Soda Ash Botswana, Sua Pan, Botswana. November 1991. 1992 *2 Day [4] EA - Waste-tech Margolis, hazardous landfill site, Gauteng, South Africa. February 1992. *2 Day [4] EA - Thor Chemicals Mercury Reprocessing Plant, Cato Ridge, KwaZulu-Natal, South Africa. March 1992. 2 Day [4] EMA - AECI Explosives Plant, Modderfontein, Gauteng, South Africa. March 1992. *2 Day [4] EMA - Anikem Water Treatment Chemicals, Umbogintwini, KwaZulu-Natal, South Africa. March 1992. *2 Day [4] EMA - AECI Chlor-Alkali Plastics Operations Services Group, Midland Factory, Sasolburg. March 1992. *2 Day [4] EMA - SA Tioxide factory, Umbogintwini, KwaZulu-Natal, South Africa.
    [Show full text]
  • Minesafe Magazine for More Information on the Harmonisation Process
    minesafeWESTERN AUSTRALIA Volume 20 no. 3 DECEMBER 2011 Conveyors – guarding against inadequacy TOOLS TO HANDLE WORKPLACE OSH ISSUES FEEDBACK SOUGHT ON DRILLING CODE OF PRACTICE MINES SAFETY PRIORITIES FOR THE REGULATOR 07 04 22 17 19 CONTENTS DEPARTMENTAL NEWS OCCUPATIONAL HEALTH 2011 SOUTH WEST CRUNCHING THE NUMBERS 02 Harmonisation of 13 More to CONTAM than EMERGENCY RESPONSE 51 Distribution of safety and occupational health and meeting quotas SKILLS CHALLENGE health representatives as safety laws 26 Taking up the challenge at 30 September 2011 DANGEROUS GOODS 03 Comment sought for MIAC 28 Motley crew gets the job 52 Monthly exploration SAFETY review done workforce to September 14 Report missing explosives 2011 DIVISIONAL NEWS 30 First aid scenario in tempo 15 Is your explosives or SRS with drum warnings 53 Monthly mining workforce to September 2011 04 Regulators meet in Darwin licence still valid? 32 Beau puts his body and 06 Resources Safety hosts 16 Shotfiring training – new mind on the line SIGNIFICANT INCIDENT PM’s 2011 Pacific Award competencies Recipient 2011 UNDERGROUND REPORTS AND SAFETY BULLETINS 07 Roadshows increase INDUSTRY ACTIVITIES MINE EMERGENCY opportunities for 17 Mines safety priorities for RESPONSE COMPETITION 54 Mines Safety SIR 173 consultation Employee burnt while the regulator 40 Sunrise Dam continues setting up scenario for winning trend SIMON SAYS 18 MARK YOUR DIARY emergency response 42 Universal language of training 09 2011 was a momentous mine rescue year of change SAFETY ALERTS AND 55 Mines Safety Bulletin
    [Show full text]
  • Group Information
    Group information AngloGold Limited was founded in June 1998 through the consolidation of the gold mining interests of Anglo American. The company, AngloGold Ashanti as it is now, was formed on 26 April 2004 following the business combination between AngloGold and Ashanti Goldfields Company Limited. AngloGold Ashanti is currently the third largest gold producing mining company in the world. CURRENT PROFILE AngloGold Ashanti Limited, headquartered in Johannesburg, South Africa, is a global gold company with a portfolio of long-life, relatively low-cost assets and differing orebody types in key gold producing regions. The company's 21 operations are located in 10 countries (Argentina, Australia, Brazil, Ghana, Guinea, Mali, Namibia, South Africa, Tanzania and the United States of America), and are supported by extensive exploration activities. The combined Proved and Probable Ore Reserves of the group amounted to 74.9 million ounces as at 31 December 2008. The primary listing of the company's ordinary shares is on the JSE Limited (JSE) in South Africa. Its ordinary shares are also listed on stock exchanges in London, Paris and Ghana, as well as being quoted in Brussels in the form of International Depositary Receipts (IDRs), in New York in the form of American Depositary Shares (ADSs), in Australia, in the form of Clearing House Electronic Subregister System Depositary Interests (CDIs) and in Ghana, in the form of Ghanaian Depositary Shares (GhDSs). AngloGold Ashanti Limited (Registration number 1944/017354/06) was incorporated in the Republic of South Africa in 1944 under the name of Vaal Reefs Exploration and Mining Company Limited and operates under the South African Companies Act 61 of 1973, as amended.
    [Show full text]
  • Anglogold Ashanti Geita Gold Mine Expression of Interest/Request for Information Provision of Underground Mechanized Contract Mi
    ANGLOGOLD ASHANTI GEITA GOLD MINE EXPRESSION OF INTEREST/REQUEST FOR INFORMATION PROVISION OF UNDERGROUND MECHANIZED CONTRACT MINING SERVICES AT GEITA GOLD MINE TANZANIA INTRODUCTION Geita Gold Mining Limited and Anglo Gold Ashati Ltd is subsidiary is located in north western Tanzania in Lake Victoria goldfields of geita about 120 KM from Mwanza and 44 KM West of the town of geita Town The purpose of EO is to explore the supply market for competent providers with the requisite technical skills and knowledge and financial capacity to undertake the Supply and Delivery of Capital projects Goods and Service to Geita Gold Mine in accordance with the tender document The response of this EOI will be used to shortlist capable service provider that will be invited to respond to the main tender for provision of various works/service for Geita Gold mining Ltd. The details and date for the issues of the main tender will be communicated to shortlisted companies only. It is necessary to respond to EOI/RFI in order to be pre-qualified be considered for the main tender SCOPE OF WORK Provision of Services as detailed below S/N Reference Projects Description No 1 GGME0955 Provision of Underground Mechanized contract mining services for Geita Gold Mining Ltd SCOPE The EOI for the supply of underground mechanized contract mining services is for two UG mines in the GGM complex Nyakanga Ug Geita Hill UG the Nyakanga and Geita Hill orebodies will be mined using mechanized mining method development will ultilized standard Jumbo drilling and bolting for ground support, while any production activity will be based around a variation of long hole one stopping.
    [Show full text]
  • IGO Interactive Annual Report 2020
    2021 ANNUAL REPORT We believe in a green energy future. IGO Limited is an ASX 100 listed ACKNOWLEDGEMENTS Company focused on creating a We acknowledge the Traditional Owners of the land on better planet for future generations by which we operate and on which we work. We recognise their connection to land, waters and culture, and pay our discovering, developing, and delivering respects to their Elders past, present and emerging. products critical to clean energy. We would like to thank Neil Warburton who retired from the IGO Board in FY21 for his significant contribution to IGO over the last five years. WHO WE ARE We are also pleased to welcome two new appointments IGO Limited is an ASX 100 listed Company focused on to the Board, Xiaoping Yang as a Non-executive Director creating a better planet for future generations by discovering, and Michael Nossal as a Non-executive Director who developing, and delivering products critical to clean energy. transitioned to the Chair role on 1 July 2021. As a purpose-led organisation with strong, embedded values and a culture of caring for our people and our stakeholders, We would also like to take this opportunity to thank Peter we believe we are Making a Difference by safely, sustainably Bilbe, who was appointed to the IGO Board in 2009, for his and ethically delivering the products our customers need substantial contribution to the Company. Over his tenure, to advance the global transition to decarbonisation. Peter has overseen the positive transformation of IGO, culminating in the announcement on 30 June 2021 of the Through our upstream mining and downstream processing completion of the transaction with Tianqi Lithium Corporation.
    [Show full text]
  • Universidade Federal De Minas Gerais Escola De Arquitetura Artur
    Universidade Federal de Minas Gerais Escola de Arquitetura Artur Magnani Figueiredo O resgate da centralidade da Mina Grande em Nova Lima: história, memória e desenvolvimento Belo Horizonte 2017 Artur Magnani Figueiredo O resgate da centralidade da Mina Grande em Nova Lima: história, memória e desenvolvimento Dissertação apresentada ao Programa de Pós- -Graduação em Ambiente Construído e Patrimônio Sustentável da Escola de Arquitetura da Universidade Federal de Minas Gerais, como requisito parcial à obtenção do título de Mestre. Área de Concentração: Ambiente Construído e Patrimônio Sustentável Área Básica: Interdisciplinar Linha de pesquisa: Paisagem e Ambiente Orientadora: Prof.ª Dra. Stael de Alvarenga Pereira Costa Belo Horizonte 2017 FICHA CATALOGRÁFICA F476r Figueiredo, Artur Magnani. O resgate da centralidade da Mina Grande em Nova Lima [manuscrito] : história, memória e desenvolvimento / Artur Magnani Figueiredo. - 2017. 152 f. : il. Orientadora: Stael de Alvarenga Pereira Costa. Dissertação (mestrado) – Universidade Federal de Minas Gerais, Escola de Arquitetura. 1. Nova Lima (MG) - História - Teses. 2. Mina Grande (MG) - Teses. 3. Ouro - Minas e mineração - Teses. 4. Ouro - Aspectos sociais - Teses. 5. Patrimônio histórico - Teses. 6. Patrimônio cultural - Teses. I. Costa, Stael de Alvarenga Pereira. II. Universidade Federal de Minas Gerais. Escola de Arquitetura. III. Título. CDD 622 Ficha catalográfica: Biblioteca Raffaello Berti, Escola de Arquitetura/UFMG AGRADECIMENTOS À professora e orientadora Stael, que se dedicou na construção deste trabalho, com contribuições que viabilizaram o seu caráter interdisciplinar. À CAPES, pela bolsa concedida nestes dois anos de estudo e que propiciaram a realização deste trabalho. Aos professores Yacy-Ara Froner Gonçalves e Fabiano Lopes de Paula, pelas contribuições valiosas na banca de qualificação.
    [Show full text]
  • PDF.Js Viewer
    Exploration and Innovation The Discovery and Evolution of the 2Moz Vogue Gold Resource, Sunrise Dam Gold Mine, Western Australia M Nugus1,2, N Oliver3, T G Blenkinsop4, J Hill5, J G McLellan6, JCleverley5, L Fisher5, N Brunacci7, H Moore8 and A Jenkins9 ABSTRACT The 2 Moz Vogue mineral resource is a recent discovery at the Sunrise Dam gold mine (SDGM), lying approximately 600 m vertically below the Sunrise Dam open pit. Unlike most other lodes, which are dominated either by steep vein sets or shallow high-strain (shear) zones, it lies broadly in the hinge of a folded felsic porphyry body, where it cuts intermediate volcanic lavas and volcaniclastic rocks and is not speciÀcally concentrated at a lithofacies contact. The mineralisation is controlled by a complex interplay of moderate to shallow, west-dipping high-strain zones that are transected by irregular and discontinuous high-grade, north-west-, north–south- and east– west-trending breccia sheets that initially caused problems with attempts to model broad domains. However, by combining the structural controls and styles with the distribution of gold, arsenic, sulfur and antimony, we have improved opportunities for scheduling, extracting and processing the most appropriate material considering the current mining and processing constraints. The early delineation process for the Vogue lode revealed a signiÀcant mineral resource for the SDGM, coupled with the recognition of some potentially difÀcult downstream implications for mining and processing. The ultimate success of mining at Vogue will be a consequence of combining standardised data collection and geological modelling techniques with the results of the novel innovative techniques applied at an early stage of the project.
    [Show full text]
  • Anglogold Ashanti Limited (Anglogold Ashanti) Publishes a Suite of Reports to Record Its Overall Performance Annually
    ANNUAL FINANCIAL ANNUAL FINANCIAL STATEMENTS ANNUAL FINANCIAL STATEMENTS STATEMENTS 2013 2013 GUIDE TO REPORTING AngloGold Ashanti Limited (AngloGold Ashanti) publishes a suite of reports to record its overall performance annually. The Annual Financial Statements 2013 addresses our statutory reporting requirements. The full suite of 2013 reports for AngloGold Ashanti Limited comprises: Annual Integrated Report 2013, the primary report; Annual Financial Statements 2013; Annual Sustainability Report 2013; and Mineral Resource and Ore Reserve Report 2013. Other reports available for the financial year are the operational and project profiles and country fact sheets. The full suite of 2013 reports have been furnished to the United States Securities and Exchange Commission (SEC) on Form 6-K. These reports are all available on our annual report portal at www.aga-reports.com. FOR NOTING: The following key parameters should be noted in respect of our reports: Production is expressed on an attributable basis unless otherwise indicated; Unless otherwise stated, $ or dollar refers to US dollars throughout this suite of reports; Group and company are used interchangeably, except for in the group and company annual financial statements; Statement of financial position and balance sheet are used interchangeably; and The company implemented an Enterprise Resource Planning System (ERP), i.e. SAP at all its operations, except for the Continental Africa region. ERP and SAP are used interchangeably. 1 VISION, MISSION AND VALUES To create value for our shareholders, our employees and our business and social partners through safely and responsibly exploring, mining and marketing our products. Our primary focus is gold, but we will pursue value creating opportunities in other minerals where we can leverage our existing assets, skills and experience to enhance the delivery of value.
    [Show full text]
  • Adapting to Climate Change: a Guide for the Mining Industry
    Adapting to Climate Change: A Guide for the Mining Industry Julia Nelson, Manager, Advisory Services Ryan Schuchard, Manager, Climate and Energy This guide is part of a BSR This primer on climate change adaptation summarizes how companies in the industry series. For additional mining industry are reporting on climate change risks and opportunities, and highlights current and emerging best practices and guidance for E&U companies climate adaptation briefs, please visit www.bsr.org/adaptation. on how to develop a proactive approach to climate change adaptation. In this brief, mining refers to companies involved in the extraction of a broad range of metals and minerals, including precious metals, base metals, industrial Contents and Methodology minerals, coal, and uranium. This brief covers: Introduction Reporting on Risks and Opportunities: A synopsis Due to the wide geographic distribution of mining operations, climate change, including temperature and precipitation shifts as well as more frequent and based on reporting of climate severe extreme weather events, will have complex impacts on the sector. risk in 2009 by 41 mining Climactic conditions will affect the stability and effectiveness of infrastructure and companies to the Carbon equipment, environmental protection and site closure practices, and the Disclosure Project (CDP). availability of transportation routes. Climate change may also impact the stability and cost of water and energy supplies. Current Practices: An outline of actions related to climate Some examples: Warming temperatures will increase water scarcity in some change adaptation based on locations, inhibiting water-dependent operations, complicating site rehabilitation reporting from the CDP, and bringing companies into direct conflict with communities for water resources.
    [Show full text]
  • Anglogold Ashanti Geita Gold Mine Expression of Interest
    ANGLOGOLD ASHANTI GEITA GOLD MINE EXPRESSION OF INTEREST/REQUEST FOR INFORMATION SURFACE EXPLORATION AND GRADE CONTROL DRILLING SERVICES FOR ANGLOGOLD ASHATI GEITA GOLD MINING LIMITED INTRODUCTION Geita Gold Mining Limited and AngloGlod Ashati Ltd is subsidiary is located in north western Tanzania in Lake Victoria goldfields of geita about 120 KM from Mwanza and 44 KM West of the town of geita Anglogold ashant limited has globally diverse world class portfolio of operation projects. AGA is rd the 3 ​ largest mining gold company in the world measured by production, it has 14 gold mine in ​ 9 counties, our exploration programme is aimed at establishing an organic growth pipeline to enable us to generate significant value over time, Greenfields and Brownfield’s exploration is conducted in both establishment and new gold producing regions through managed and non-managed joint venture strategic alliance and wholly owned ground holdings The purpose of EO is to explore the drilling market for competent services provider with the requisite technical skills and financial capacity to undertake exploration and grade conduction control drilling services at our Geita Gold Mine in accordance with the RFI Documents The response of this EOI will be used to shortlist capable service provider that will be invited to respond to the main tender for provision of various works/service for Geita Gold mining Ltd. The details and date for the issues of the main tender will be communicated to shortlisted companies only. It is necessary to respond to EOI/RFI in order to be pre-qualified be considered for the main tender Scope of work The surface exploration and grade control drilling services 1.
    [Show full text]
  • Social, Environmental and Health Legacy Issues
    MATERIAL ISSUE 4: The Nykabale village nursery is a project sponsored by AngloGold Ashanti to supply trees to the community and Geita Gold Mine, Tanzania. © 2014 ANGLOGOLD ASHANTI | ANNUAL REPORTS 2013 | Disclaimer MATERIAL ISSUE 4: Lung function testing at the occupational health clinic at Obuasi, Ghana. Context Occupational health and safety Occupational lung disease (OLD) is a risk inherent in many underground gold mines where silica dust is present. The most significant forms of OLD seen within the company are silicosis and pulmonary tuberculosis (TB). OLD in Brazil has virtually been eradicated, as a consequence of mechanisation of mining, improved ventilation, dust suppression, personal preventative measures and statutory limitations on the length of service of underground employees. If inhaled, silica dust may cause inflammation and scarring in the lungs, resulting in impaired lung functioning. Silicosis typically has a long latency period of more than 15 years and is sometimes only detected years after exposure. Silicosis in South Africa is a legacy issue on which AngloGold Ashanti and the gold mining industry as a whole, as well as government, unions and health care professionals place an enormous effort in addressing. Our occupational health strategy encompasses both minimising current risks, primarily by reducing occupational exposure within the industry. In 2008, we committed to eliminating new cases of silicosis among previously unexposed employees at our South African operations. Pulmonary TB, particularly where it is associated with silica dust exposure, is a key area of concern. Our immediate commitment is to reduce occupational TB incidence to below 2.25% among our South African employees and to successfully cure 85% of new cases – a target set by World Health Organization (WHO).
    [Show full text]
  • The Mineral Industry of Brazil in 2016
    2016 Minerals Yearbook BRAZIL [ADVANCE RELEASE] U.S. Department of the Interior March 2021 U.S. Geological Survey The Mineral Industry of Brazil By Philip A. Szczesniak Brazil is one of the leading mining countries in the world, Minerals in the National Economy producing a wide array of industrial minerals, metals, and mineral fuels. In 2016, Brazil’s estimated share of world mined Brazil’s mineral production (excluding crude petroleum and niobium production amounted to 89%; iron ore, 19%; asbestos, natural gas) in 2016 was valued at $24 billion (representing about 16%; vermiculite, 14%; bauxite, 13%; talc and pyrophyllite, 1% of the GDP) compared with $26 billion in 2015. IBRAM 11%; alumina, 9%; tin, 9%; graphite (natural) and tantalum, reported that the value of mineral production had fallen by more 8% each; and manganese, 7%. The World Steel Association than 50% since peaking at $53 billion in 2011. The decrease was reported that Brazil accounted for about 2% of the world’s crude largely attributed to the decrease in global mineral commodity steel production and was the leading producer in South America prices, especially iron ore prices. In the second half of the year, (77% of South America’s steel production) (World Steel 164,807 workers were employed in the mining sector compared Association, 2017, p. 9–10; Anderson, 2018; Bolen, 2018; Bray, with 174,610 (revised) in the second half of 2015. The Economic 2018; Corathers, 2018; Flanagan, 2018; Olson, 2018; Polyak, Commission for Latin America and the Caribbean noted that 2018a, b; Tanner, 2018; Tuck, 2018). Brazil’s foreign direct investment (FDI) increased in 2016 to Brazil ranked 10th in the world in crude petroleum production $79 billion, which was up from $75 billion in FDI in 2015 but and ranked 2d in South America (after Venezuela) in both still below the 5-year high of $101 billion that was reached in crude petroleum and natural gas reserves.
    [Show full text]