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KDC Mine
The KDC mine, formerly the Kloof mine, is a large mine located in the northern part of South Africa in Gauteng, near Carletonville, and represents one of the largest uranium reserves in South Africa having estimated reserves of 256.4 million tonnes of ore grading 0.0036% uranium. In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited (“GFIMSA”), which was then renamed Sibanye Gold Limited (“Sibanye Gold”), and consisted of the KDC (formerly Kloof) and Beatrix mines, as well as an array of support service entities in South Africa. 2012 strike In the aftermath of the Marikana massacre, workers at KDC West – formerly known as the Driefontein mine and by then the west section of KDC – entered an unprotected strike on 9 September, seeking a wage increase, among other demands. On 21 September, the strike spread to the west section of Gold Fields's Beatrix mine in the Free State; by 24 September, the entirety of the Beatrix mine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gauteng
Gauteng ( ) is one of the nine provinces of South Africa. The name in Sotho-Tswana languages means 'place of gold'. Situated on the Highveld, Gauteng is the smallest province by land area in South Africa. Although Gauteng accounts for only 1.5% of the country's land area, it is home to more than a quarter of its population (26%). Highly urbanised, the province contains the country's largest city, Johannesburg, which is also one of the largest cities in the world. Gauteng is the wealthiest province in South Africa and is considered as the financial hub of not only South Africa but the entire African continent, mostly concentrated in Johannesburg. It also contains the administrative capital, Pretoria, and other large areas such as Midrand, Vanderbijlpark, Ekurhuleni and the affluent Sandton. Gauteng is the most populous province in South Africa with a population of approximately 16.1 million people according to mid year 2022 estimates. Etymology The name ''Gauteng'' is derived ... [...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] |
Privately-held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 weakly radioactive because all isotopes of uranium are unstable; the half-lives of its naturally occurring isotopes range between 159,200 years and 4.5 billion years. The most common isotopes in natural uranium are uranium-238 (which has 146 neutrons and accounts for over 99% of uranium on Earth) and uranium-235 (which has 143 neutrons). Uranium has the highest atomic weight of the primordially occurring elements. Its density is about 70% higher than that of lead, and slightly lower than that of gold or tungsten. It occurs naturally in low concentrations of a few parts per million in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite. In nature, uranium is found as uranium-238 (99. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carletonville
Carletonville is a town in Gauteng and the seat of the Merafong City Local Municipality in the West Rand District Municipality in Gauteng, South Africa, just north of the richest gold-mining area in the world. At 3,749 m, Western Deep Levels holds the record for the world's deepest gold mine. History Developed by various mining companies from 1937 onwards, Carletonville was named after the long-serving mining director of Consolidated Gold Fields, Guy Carleton Jones, but was not officially incorporated until 1959. Upon reaching a population of 2000 1967, (mostly white inhabitants of the apartheid era) it became officially recognised and celebrated as a provincial town. There are several privately owned gold-mining township villages and contractor labour quarters established on mining ground owned by the various mining houses which operate in the area. The villages are located to the South of the R501 provincial road which forms the southern boundary of Carletonville. While the min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Fields
Gold Fields Limited (formerly The Gold Fields of South Africa) is one of the world's largest gold mining firms. Headquartered in Johannesburg, South Africa, the company is listed on both the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE). The firm was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. The company traces its roots back to 1887, when Cecil Rhodes founded Gold Fields of South Africa Limited. As of 2019, Gold Field was the world's eighth-largest producer of gold. The company owns and operates mines in South Africa, Ghana, Australia and Peru. Growth efforts are focused mainly in the regions where it currently operates, and are mainly driven through brownfields exploration on its existing land positions and through mergers and acquisitions in the same regions. Gold Fields' chairperson is Cheryl Carolus, and the CEO is Chris Griffith. Board of directors * Chairperson – Cheryl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marikana Massacre
The Marikana massacre was the killing of thirty-four miners by the South African Police Service (SAPS) on 16 August 2012 during a six-week wildcat strike at the Lonmin platinum mine at Marikana near Rustenburg in South Africa's North West province. The massacre constituted the most lethal use of force by South African security forces against civilians since the Soweto uprising in 1976 and has been compared to the 1960 Sharpeville massacre. The massacre occurred on the seventh day of an illegal wildcat strike at the mine: although the initial strikers were primarily rock drill operators belonging to the National Union of Mineworkers (NUM), the strike action was launched without NUM endorsement. The strikers sought a sizeable wage increase, to R12,500 monthly, to be negotiated outside the existing collective wage agreement. Early reports, later denied, suggested that they had been encouraged in this demand by the Association of Mineworkers and Construction Union (Amcu), the N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Driefontein Mine
The Driefontein mine is a large mine located in the northern part of South Africa in Gauteng. Driefontein is an important gold producer and represents one of the largest uranium reserves in South Africa having estimated reserves of 238 million tonnes of ore grading 0.0053% uranium. History In 1937, aided by a magnetometer, Dr Rudolf Krahman discovered vast gold deposits of the West Wits Line near Carletonville South Africa, including those developed as the Driefontein and Kloof (later KDC) mines. In 1999, Gold Fields acquired Driefontein through the purchase AGA Aga or AGA may refer to: Business * Architectural Glass and Aluminum (AGA), a glazing contractor, established in 1970 * AGA (automobile), ''Autogen Gasaccumulator AG'', 1920s German car company *AGA AB, ''Aktiebolaget Svenska Gasaccumulator'', a ...’s 21.5% shareholding, then making Gold Fields the world’s second largest gold producer. Gold Fields Ltd held full interest in GFI Mining South Africa (Proprietary) Limit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free State (province)
The Free State, known as Orange Free State until the 28th of June 1995 when its name was changed, is a province of South Africa. Its capital is Bloemfontein, which is also South Africa's judicial capital. Its historical origins lie in the Boer republic called the Orange Free State and later Orange Free State Province. History The current borders of the province date from 1994 when the Bantustans were abolished and reincorporated into South Africa. It is also the only one of the four original provinces of South Africa not to undergo border changes, apart from the reincorporation of Bantustans, and its borders date from before the outbreak of the Boer War. Law and government The provincial government consists of a premier, an executive council of ten ministers, and a legislature. The provincial assembly and premier are elected for five-year terms, or until the next national election. Political parties are awarded assembly seats based on the percentage of votes each party receive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lonmin
Lonmin plc, formerly Lonrho plc, was a British producer of platinum group metals operating in the Bushveld Complex of South Africa. It was listed on the London Stock Exchange. Its registered office was in London, and its operational headquarters were in Johannesburg, South Africa. Lonmin rose to international attention following the Marikana miners' strike in August 2012, in which over 100 striking Lonmin employees were shot (36 killed and 78 wounded) by South African Police Service officers. On 10 June 2019, Sibanye-Stillwater completed the acquisition of Lonmin plc. History The company was incorporated in the United Kingdom on 13 May 1909 as the London and Rhodesian Mining and Land Company Limited. It had a founding capital of £1300, which was raised by seven shareholders. Led by Julius Weil, the company started to invest in mining rights in Rhodesia. In 1912 Lonrho started to invest in farming land as well and by 1945 it had become Rhodesia's biggest company. Businessman T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uranium Mines In South Africa
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 weakly radioactive because all isotopes of uranium are unstable; the half-lives of its naturally occurring isotopes range between 159,200 years and 4.5 billion years. The most common isotopes in natural uranium are uranium-238 (which has 146 neutrons and accounts for over 99% of uranium on Earth) and uranium-235 (which has 143 neutrons). Uranium has the highest atomic weight of the primordially occurring elements. Its density is about 70% higher than that of lead, and slightly lower than that of gold or tungsten. It occurs naturally in low concentrations of a few parts per million in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite. In nature, uranium is found as uranium-238 (99.2739–99.27 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
