MOGALE Tailings Retreatment
COMMISSIONED AHEAD OF SCHEDULE AND UNDER BUDGET
The construction of the Mogale Tailings Retreatment plant at the Group’s Mintails Project is further testament to our track record of successfully executing world-class tailings retreatment projects. Our new state of the art Tailings Retreatment Operation was commissioned on 3rd October 2024.
MTR came in below its R2.5-billion budget and was completed ahead of schedule in just 14 months.
Our operations at MTR are projected to produce between 50,000 to 60,000 ounces of gold annually, contributing to over 100,000 ounces from our combined surface re-mining operations. This strengthens our overall gold production, which is expected to hit 220,000 ounces by the end of our 2025 financial year.
Environmental Rehabilitation and Renewable Energy
Our concurrent environmental rehabilitation of these historic tailings deposits is already improving air and water quality in the area, while reducing the scourge of illegal mining.
Our commitment to renewable energy paves our journey towards more sustainable mining. A feasibility study has already been commissioned for a 20MW solar renewable energy plant at our new flagship Mogale Tailings Retreatment operation as we continue to track ahead of our Group energy mix plan.
EMPOWERING OUR LOCAL COMMUNITIES
The MTR project is playing a transformative role in job creation within an area that urgently needs employment opportunities. Originally projected to generate 700 jobs during construction and 300 during operations, the site has far exceeded expectations.
Currently, 1,600 people are employed on-site, and 500 individuals will continue to work at the operation long-term, driving surface remaining activities. We are proud to highlight that 1,040 of these jobs have gone to local community members, a testament to our strong community engagement initiatives.
Our commitment to social upliftment extends beyond employment. Through our social and labour plans, we have invested in education and local infrastructure, creating far-reaching benefits that support sustainable local enterprise development and unlock new economic opportunities for the region.
OUR COMMITMENT TO MINING FOR A FUTURE
If you want to know how Pan African Resources has transformed the famously
mismanaged Mintails tailings acquisition into a world-class asset, then these short films
are a good start. Join CEO Cobus Loots as he walks us around the project and discusses
what the future holds for the Mogale Tailings Retreatment Project.
