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Harmony Gold (mining)
Harmony Gold is the first largest gold mining company in South Africa. Harmony operates in South Africa and in Papua New Guinea. The company has nine underground mines, one open-pit mine and several surface operations in South Africa. In Papua New Guinea, it has Hidden Valley, an open-pit gold and silver mine and a 50% interest in the Morobe Mining Joint Venture, which includes the Wafi-Golpu project and extensive exploration tenements. Outside the joint venture, Harmony's own exploration portfolio focuses principally on highly prospective areas in Papua New Guinea. In FY17, South African operations accounted for 91% of total gold production of 1.09Moz, with 9% coming from Papua New Guinea. At 30 June 2017, Harmony reported attributable gold equivalent mineral reserves of 36.7Moz of gold, and attributable gold mineral resources of 104.3Moz. At the end of FY17, Harmony employed 33 201 people in total – 26 478 employees and 4 512 contractors in South Africa and 1 300 employees ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melrose Arch
Melrose includes several suburbs of Johannesburg, South Africa. It is located in Region E of the City of Johannesburg Metropolitan Municipality. Melrose is a developing up-market suburb. History The suburb has it origins when Henry Brown Marshall purchased land in the north of Johannesburg in 1893. Prior to the discovery of gold on the Witwatersrand in 1886, the suburb lay on land on one of the original farms that make up Johannesburg, called ''Syferfontein''. It was called the Melrose Estate of 713 acres and at the time was 9.7km north of the central business district. He built his home there and planted trees on the land. The suburb was laid out in 1902. Melrose Arch The Melrose Arch mixed-use development is located in Melrose. The development, which cost ZAR 800 million to build, began construction in 2007, with Phase One completed in November 2009. It contains 170,000 m2 of office and retail space, in addition to residential space and 2 hotels. The area is characterised b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of Johannesburg Metropolitan Municipality
The City of Johannesburg Metropolitan Municipality is a metropolitan municipality that manages the local governance of Johannesburg, South Africa. It is divided into several branches and departments in order to expedite services for the city. Zulu is the most spoken home language at 23.4% followed by English at 20.1%. Johannesburg is a divided city: the poor mostly live in the southern suburbs or on the peripheries of the far north, and the middle- and upper class live largely in the suburbs of the central and north. As of 2012, unemployment is near 25% and most young people are out of work. Around 20% of the city lives in abject poverty in informal settlements that lack proper roads, electricity, or any other kind of direct municipal service. Another 40% live in inadequate housing with insufficient municipal housing. History Following the end of the apartheid era, in April 1991 the Central Witwatersrand Metropolitan Chamber was formed as a "people-based" negotiating forum pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patrice Motsepe
Patrice Tlhopane Motsepe (born 28 January 1962) is a South African mining billionaire businessman. Since 12 March 2021, he has been serving as the President of the Confederation of African Football. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He sits on several company boards, including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam. In 2012, Motsepe was named South Africa's richest man, topping the Sunday Times' annual Rich List with an estimated fortune of R20.07 billion ($1 billion). In 2003, he became the owner of football club Mamelodi Sundowns. In 2013, he joined The Giving Pledge, committing to give half of his wealth to charitable causes. Early life and education Patrice Motsepe was born to Kgosi Augustine Motsepe, a chief of the Mmakau branch of the Tswana people, who had previously bee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Operating Officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if the highest-ranking executive is the chairperson and CEO. The COO is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive—usually the chief executive officer (CEO). Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and priva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Rand
The South African rand, or simply the rand, ( sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni). It is subdivided into 100 cents (sign: "c"). The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini, with these three countries also having their own national currency (the dollar, the loti and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par. Etymology The rand takes its name from the Witwatersrand ("white waters' ridge" in English, ''rand'' being the Dutch and Afrikaans word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Largest Gold Companies
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent (sometimes abbreviated MV-GEO, EVO if the enterprise value is used) which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis. If the calculation is to exclude financial assets the enterprise value is used instead of market capitalization. EVO = Enterprise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AngloGold Ashanti
AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is now a global gold producer with 21 operations on four continents. The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses. In 2008, AngloGold produced 4.98 million ounces of gold from its operations, estimated to be seven percent of the global production. In 2009, the company's gold output dropped to 4.6 million ounces. As of the third quarter of 2014, Anglogold was the world's third-largest producer of gold, behind Barrick Gold and Newmont Mining. The company is claimed to be the 'most sophisticated and technologically advanced' mining operations with strict adherence to safety regulations. History AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of AngloGold and the Ashanti Goldfie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welkom
Welkom () is the second-largest city in the Free State province of South Africa, located about northeast of Bloemfontein which is the provincial capital. Welkom is also known as Circle City, City Within A Garden, Mvela and Matjhabeng. The city's Sesotho name, ''Matjhabeng'' means 'where nations meet', derived from the migrant labour system, where people of various countries such as Lesotho, Malawi and Mozambique etc. met to work in the mines of the gold fields. A settlement was laid out on a farm named "Welkom" (which is the Afrikaans and Dutch word for "welcome") after gold was discovered in the region, and it was officially proclaimed a town in 1948. The town became a municipality in 1961. It now falls in the Matjhabeng Municipality, part of the Lejweleputswa District. Welkom was officially declared a city on 14 February 1968. History Much of the history of Welkom is centred around the discovery of gold in the northwestern Free State. It was proclaimed a town in 1948, ni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moab Khotsong Mine
The Moab Khotsong mine is a large mine located in the northern part of South Africa in North West some southwest of Johannesburg, South Africa. Moab Khotsong represents one of the largest uranium reserves in South Africa having estimated reserves of of ore grading 0.058% uranium Uranium is a chemical element with the symbol U and atomic number 92. It is a silvery-grey metal in the actinide series of the periodic table. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons. Uranium is weak .... During the years 1995 and 1996, Moab Khotsong recorded the worst safety statistics in the mining industry.World's deepest single-lift mine ever By: Elizabeth Rebelo, 29 September 2003, miningweekly.com History Harmony Gold succ ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
