Barberton Mines
The Fairview, Sheba and Consort underground mining operations constitute the Group’s Barberton Mines complex, which has been operating for over 130 years. With a remaining life of mine estimated at 20 years, this asset is positioned as a long-life operation in Pan African’s portfolio. These flagship underground mines are high-grade operations that can produce approximately 80,000oz of gold per year, with an excellent long-term safety record.
Barberton Mines also includes the BTRP surface retreatment operation which is located within Fairview Mine’s mining right footprint area. The BTRP was designed to treat 100,000t of tailings per month and adds low-cost and low-risk ounces to our production profile.
Performance
Barberton Underground
Gold Produced
71,470 Ounces
Contractors
975
Employees
1,319
Annual Capacity
200,000 Oz/Annum
Life of Mine
20 Years
Aisc
1.777 $/Oz
Our Operations
Why Barberton Mines
Barberton Mines is one of South Africa’s most storied gold mining operations, combining a rich heritage with cutting-edge mining techniques and sustainable practices.
With a projected 20-year lifespan and valid mining rights until 2051, read more on how Barberton Mines remains a leader in efficiency, financial stability, and environmental responsibility.
Commitment to Renewable Energy
Barberton Mines is constructing an 8.75MW solar plant at its Fairview Mine operation, reducing carbon emissions by approximately 22,000 tonnes per year while delivering significant cost savings.
With an economic lifespan of over 25 years, this solar plant will continue generating power beyond the mine’s projected life, reinforcing our commitment to sustainable energy. First power generation is expected during the 2024 hot commissioning phase.
Exceptional Gold Production & Operational Efficiency
In 2023, Barberton Mines produced 64,586 ounces of gold, with a capacity nearing 110,000 oz per annum. Our operations are driven by a highly skilled team of 2,097 employees and 1,394 contractors, ensuring efficiency and productivity.
With an All-In Sustaining Cost (AISC) of $1,810 per ounce, we maintain cost-effective, sustainable gold extraction while actively implementing strategies to extend mine life and optimise orebody potential.
Financial Stability & Long-Term Growth
Barberton Mines is a cornerstone of Pan African Resources’ financial resilience, with prudent capital management ensuring long-term viability.
Our commitment to governance, transparency, and accountability strengthens investor confidence and supports continued growth, community development, and environmental responsibility. As we expand our operations, our focus remains on sustained value creation for all stakeholders.
Sustainable Agriculture & Community Upliftment
Beyond mining, Barberton Mines is committed to biodiversity conservation and community empowerment.
One standout initiative is our blueberry farm project, which promotes sustainable agriculture while creating jobs and economic opportunities for local communities.
This project reflects our dedication to long-term environmental stewardship and socio-economic development.
Focus for 2025
Our objective is to continually enhance our industry-leading safety performance while consistently delivering high-margin ounces, consistent with our production guidance of approximately 100,000oz per annum from the Barberton Mines complex. Additionally, we are actively pursuing value-accretive growth opportunities within our orebodies.
Our track record demonstrates our ability to replenish Mineral Resources and Mineral Reserves through effective brownfield exploration. We are also exploring organic growth projects, such as the Sheba Fault project, to further bolster the sustainability and longevity of our operations.
Through a focused and dedicated approach to fulfilling these objectives, we have confidence in our ability to drive performance.
For the upcoming 2025 financial year, our key focus areas are:
Barberton Mines Complex
Fairview Mine
Fairview Mine, part of the Barberton Mines complex, has operated for over 130 years, producing ~80,000oz of gold annually. It pioneers the BIOX® process, an environmentally friendly gold extraction method. Recent infrastructure investments, including refrigeration, a grout backfill plant, and a chairlift decline, enhance efficiency.
In response to rising costs and deeper mining, Fairview Mine transitioned to continuous shift operations in 2023, boosting production. The mine also prioritises sustainability, with its 8.75MW solar plant reducing energy costs. Strong governance ensures long-term value for stakeholders, reinforcing Fairview Mine’s position as a leader in responsible gold mining.
Sheba Mine
Sheba Mine, one of the world’s oldest operational gold mines since 1885, blends historic value with modern innovation. It utilises the BIOX® process for high gold recoveries and recently introduced up-dip mining to reduce dilution on narrow orebodies.
Optimised mining methods at MRC and ZK stopes, along with increased trackless mining machinery, have boosted production. The completion of Project Dibanisa, linking Sheba’s 23 Level with Fairview’s 38 Level, enhances operational efficiency. This combination of heritage and innovation strengthens Sheba Mine’s long-term production potential, making it a valuable asset in Barberton’s mining portfolio.
Consort Mine
Consort Mine, though faced with challenges such as the depletion of its high-grade 42 Level block and geotechnical constraints, has showcased its adaptability and forward-thinking approach. Recognising the potential pitfalls, the mine transitioned to a contractor mining operation, a strategic move that underscores its commitment to profitability and operational excellence.
A thorough review of its operations was undertaken, culminating in a comprehensive restructuring to bolster its underground operations. The initiation of continuous shift operations in February 2023 further exemplifies Consort Mine’s proactive stance in navigating challenges, presenting a compelling case for investors seeking a mine that is both adaptive and growth-oriented.
Mining For A Future
Pan African Resources Blog
Stay informed with the latest developments at Barberton Mines. Read our articles detailing major milestones, operational progress, and sustainability initiatives that showcase our long-standing legacy of responsible gold mining and innovation in the Barberton region.
Investing
A Deeper Look at PAR’s Elikhulu Operation
Investing
The History of Pan African Resources
Investing
The US Elections and Gold Price
FAQ's
Frequently Asked Questions about Barberton Mine
What is mined in Barberton?
Gold is mined in Barberton. The area is characterised by high-grade gold-bearing reefs, and the Barberton Greenstone Belt has produced a significant amount of gold since its discovery.
What is the oldest mine in Barberton?
The Sheba Mine is recognised as one of the oldest working gold mines in the world, having commenced operations since as early as 1885.
How many mines are there in Barberton?
There are four mines in Barberton, including Fairview Mine, Sheba Mine, New Consort Mine and Agnes Mine. Gold mining is the main operation at all four mines. The Barberton area is abundant with gold-bearing reefs.
How many mines are there in Mpumalanga?
There are more than 200 mines in Mpumalanga as listed on the official Department of Mineral Resources website. This includes 13 gold mining operations.