Maximising the value of our own asset portfolio – The 8 Shaft Pillar reached steady state production in June 2020 following delays due to the COVID-19 pandemic.
Performance By Operation
Evander Underground
Evander 8 SHAFT Pillar
- Pillar mining achieved a steady state – outperformed in FY22
- Production increased by 35.6% to 48,850oz (FY21:36,016Ooz)
- AISC decreased to US$1,112/oz (FY21: US$1,604)
- Improved tonnages and higher grades
- One of the lowest-cost underground gold mines in Southern Africa
- Improved safety rates despite an increased number of crews to mine higher tonnages
- Crews to be deployed at 24 Level as pillar extraction winds down
Evander 24 Level
- Development and infrastructure for mining progressing according to plan
- Mining of F raise line stopes to commence shortly
- Phase 1 of refrigeration plant construction completed
- to be commissioned in September 2022
- Mining will extend the production profile of 8 Shaft by 2.5 years, post extraction of the 8 Shaft pillar, and maintain current gold output
