Sheba Mine, with its esteemed legacy dating back to 1885, stands as one of the world’s oldest operational gold mines, representing historic value and modern innovation.
Its high recoveries are bolstered by the efficient use of the BIOX® process. The mine has also recently introduced an up-dip mining method, specifically designed to decrease dilution on the narrow orebodies that were previously mined using the cut-and-fill methodology. This strategic shift, combined with the optimization of mining methods at Sheba Mine’s MRC and ZK stopes and the increased availability of trackless mining machinery, has enhanced underground production volumes and mined grades.
The completion of Project Dibanisa, connecting 23 Level at Sheba with 38 Level at Fairview, not only streamlines the movement of mined ore and employees between the two mines but also amplifies operational efficiency. This synergy between historical depth and modern innovation makes Sheba Mine an enticing prospect for discerning investors.
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. Recognizing 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.