Evander Gold Mine

Mining Legacy

Evander Mine is a testament to maximising the value of our asset portfolio. The 8 Shaft Pillar, a significant asset, reached steady-state production in June 2020, overcoming delays brought about by the COVID-19 pandemic.

With a mine life extending over a decade, our focus on the promising 24-Level Project offers investors a glimpse into a future of consistent yields and innovative operations.

Beyond just mining, our commitment to security and environmental responsibility sets us apart. Evander Mine, where tradition meets tomorrow’s gold mining vision.

Operational Performance Review 2024
Evander gold mine image

Performance FY24

38.285 Ounces
Gold Produced
40,000 Oz/Annum
Annual Capacity
129
Employees
2.335
Contractors
1.307 $/Oz
Aisc
11 Years
Life of Mine

Evander Mines’ underground operations have a life-of-mine of 13 years, which includes production planned from Levels 24, 25, and 26, but excludes expected production from Egoli. During the phased depletion of the 8 Shaft pillar mining over the next two years, the operational focus will shift to mining from Level 24, which is expected to yield approximately 35,000 oz annually for a period of two and a half years. Four crews have already been transferred in the current financial year. Thereafter, the Level 25 and 26 project is anticipated to ramp up to produce approximately 65,000 to 70,000 oz per annum for eight years.

Evander mines image of a far distance view. With trees on either side and a road

The Vast Potential Of Evander

Join Itumeleng Phoshoko, Pan African Resource’s Group Project Engineer, as she gives us an exclusive tour of the company’s impressive Evander complex. Find out how innovation and agile strategic thinking are finding great returns in one of the world’s largest unexploited gold orebodies.

The Evander Mine has showcased its robust performance for 2023 by producing 33,256 ounces of gold, with an impressive annual capacity set at 40,000 oz/annum. The mine operates with a dedicated team of 108 employees, complemented by 2,386 contractors. The mine boasts a projected life span of 13 years and operates with an AISC of 1.158.

Evander Gold Mine Performance

With the Egoli and 26 Level Project on track, a promising future is outlined in our recovered gold forecast, representing a golden opportunity for discerning investors. Dive into a venture where innovation meets tradition, and where every ounce recovered signifies growth and prosperity.

Evander mines background image of the performance

Focus For 2025

Our primary objective for the upcoming year is to achieve optimal performance at our underground operations. We are committed to maximising the value extracted from our orebody through continuous optimisation, adherence to mine plans, and diligent management of capital expenditure which is aligned with mining requirements and our organic growth objectives.

Three staff members standing together at the Evander mines

To accomplish these goals, we have identified several key focus areas for the year ahead:

    • Commissioning the ventilation shaft for hoisting 
    • Prioritising the development of the raise lines on 24 Level to
      extract the ore to sustain the 24 Level steady-state production
    • Initiating development towards the 25 Level orebody
      Commencing with Egoli’s long-inclined borehole drilling
      delineation programme
    • Continuation of brownfield exploration programmes to
      identify additional organic growth opportunities within
      Evander Mines’ existing mining right.
    • Through a focused and dedicated approach to fulfilling
      these objectives, we have confidence in our ability to drive
      performance and pursue sustainable growth in the year ahead.

Through a focused and dedicated approach to fulfilling these objectives, we have confidence in our ability to drive performance.

Evander Mines ESG Initiatives

Environmental Initiatives

Energy Management and Climate Change: Evander Mines operates a 9.9MW solar plant, significantly reducing greenhouse gas emissions, supplying 25% of Elikhulu’s annual power needs, and generating 23,510MWh of renewable solar energy. This results in approximately US$2 million in annual savings, with the mine closely monitoring and tracking emissions through consumption-based assessment.
Land and Resource Use: The mine emphasises efficient water use and management with a 3ML per day water retreatment plant, utilising reverse osmosis technology to treat underground wastewater and reducing municipal water consumption. Evander Mines is rated as low-risk to baseline water stress and biodiversity impact.
Sustainability and Environmental Responsibility: Committed to minimising environmental risks, Evander Mines maintains air and water quality within legal limits, reduces its carbon footprint, and manages waste responsibly.

Social Initiatives

Community Engagement: Evander Mines actively engages with local communities, providing socio-economic support, job creation, infrastructure development, and committing to enhance education by building fully equipped computer and science laboratories at local schools. Health and wellness initiatives are also in place.
Employee Well-being and Labour Relations: Ensuring a safe working environment and fair labour practices, the mine complies with labour legislation, engages with recognised trade unions, and strives for continual engagement on material issues affecting employees.

Governance Initiatives

Corporate Governance: Upholding high standards of transparency, accountability, and integrity, Evander Mines ensures compliance through diligent board oversight, transparent reporting, and strict anti-corruption measures.
Regulatory Compliance: The mine actively engages with regulatory bodies to ensure compliance with all applicable laws and regulations.

Environmental Initiatives

Energy Management and Climate Change: Evander Mines operates a 9.9MW solar plant, significantly reducing greenhouse gas emissions, supplying 25% of Elikhulu’s annual power needs, and generating 23,510MWh of renewable solar energy. This results in approximately US$2 million in annual savings, with the mine closely monitoring and tracking emissions through consumption-based assessment.
Land and Resource Use:The mine emphasises efficient water use and management with a 3ML per day water retreatment plant, utilising reverse osmosis technology to treat underground wastewater and reducing municipal water consumption. Evander Mines is rated as low-risk to baseline water stress and biodiversity impact.
Sustainability and Environmental Responsibility: Committed to minimising environmental risks, Evander Mines maintains air and water quality within legal limits, reduces its carbon footprint, and manages waste responsibly.

Social Initiatives

Community Engagement: Evander Mines actively engages with local communities, providing socio-economic support, job creation, infrastructure development, and committing to enhance education by building fully equipped computer and science laboratories at local schools. Health and wellness initiatives are also in place.
Employee Well-being and Labour Relations: Ensuring a safe working environment and fair labour practices, the mine complies with labour legislation, engages with recognised trade unions, and strives for continual engagement on material issues affecting employees.

Governance Initiatives

Corporate Governance: Upholding high standards of transparency, accountability, and integrity, Evander Mines ensures compliance through diligent board oversight, transparent reporting, and strict anti-corruption measures.
Regulatory Compliance: The mine actively engages with regulatory bodies to ensure compliance with all applicable laws and regulations.

Related Questions

The depth of Evander Gold Mine is approximately 2.4 kilometers (about 1.49 miles) below the surface. This information is based on the data from the Evander Operation provided by miningdataonline.com, which states that the Evander Mines consist of 8 Shaft underground operations, with some parts reaching this significant depth.

The lifespan of the Evander Mines’ underground operations is projected to be 13 years.