MINING IN SOUTH AFRICA

Over the last few years, the price of gold has dropped continuously. The main reason is the reduced demand for gold on the world market, because fewer currencies are being backed up by gold reserves. Also, competition from Russia and Australia puts pressure on the gold price, because their gold mining is easier and cheaper.

The gold mines in South Africa suffered a heavy crisis temporarily, and in 1995 more than 100,000 workers were laid off. So far, the industry has been saved from ruin by down-sizing, establishing co-operatives and the weakening currency, although many mines have reached their limit of profitability and at times even work below it.

The South African economy has, in recent years, succeeded in reducing its dependency on the gold price. In general, the economy is striving to shift away from its one-sided orientation as a raw material exporter. In future, the proportion of semi-finished and finished products in the entire export volume shall be increased by a capital-intensive modernisation of the industrial structures, which became outdated through the isolation of the apartheid era.

 

 Introduction

 Randgold Resources is an African focused gold mining and exploration company with primary listings on the London Stock Exchange and Nasdaq. Major discoveries to date include the 7.5 million ounce Morila deposit in southern Mali, the 7 million ounce Yalea deposit and the 3 million ounce Gounkoto deposit, both in western Mali, the 4 million ounce Tongon deposit in the Côte d’Ivoire and the 3 million ounce Massawa deposit in eastern Senegal.

Adddress-La Motte Chambers,La Motte Street,St.Hrlier,Jersey,JE1,1BJ,Channel Islands.

Tel- +44 1534 735 333

Fax- +44 1534 735 444

Harmony was incorporated and registered as a public company in South Africa on 25 August 1950 and later became a Randgold-managed company, exploiting the single Harmony mine lease. In 1995, Harmony was recreated as a separate entity following the winding up of Randgold.

Harmony’s operations have grown significantly since 1995, expanding from a single, lease-bound mining operation into an independent, world-class gold producer. The group received additional mining rights in the Free State, Mpumalanga, Gauteng and North West province in South Africa when it acquired Lydex in 1997, Evander in 1998, Kalgold in 1999, Randfontein in 2000, ARMgold in 2003 and Avgold in 2004.

Mining operations are conducted through various subsidiaries. Harmony's principal subsidiaries are Randfontein Estates, Evander Gold Mines, ARMgold/Harmony Freegold JV, ARMgold, Avgold Kalahari Goldridge Mining Company and Harmony Gold (Australia) (Pty) Limited. All are wholly-owned, direct subsidiaries incorporated in South Africa.

Address-Randfontein Office Park,Corner of Main Reef Road & Ward Avenue,Randfontein Gauteng,South Africa.

Tel- +27 11 411 2000

Fax- +27 11 692 3879

E-mail-corporate@harmony.co.za

Introduction

DRDGOLD Limited (DRDGOLD) is a medium-sized, unhedged gold producer, South Africa’s fourth-largest. In 2009, the company produced 247 690 ounces and declared Mineral Resources of 56.4 million ounces and Ore Reserves of 6.0 million ounces.

The company’s 74%-owned operating subsidiary is DRDGOLD South African Operations (Pty) Limited (DRDGOLD SA). Black economic empowerment partner Khumo Gold SPV (Pty) Limited (Khumo Gold) holds 20% of DRDGOLD SA and the DRDSA Empowerment Trust, 6%.

Address-1st Floor,Quadrum 1,Quadrum Office Park,50 Constantia Boulevard,Constantia Kloof Ext. 28,Roodepoort.

Tel- +27 (0) 10 001 4920

Wits Gold is a Johannesburg based gold and uranium exploration company with substantial resources in the Witwatersrand Basin. The Company, led by Adam Fleming, has a Black Economic Empowerment (BEE) shareholding of approximately 32%. The two major BEE shareholders are Continental Africa Gold Resources Consortium (Pty) Ltd , a broad based group of Historically Disadvantaged South African ('HDSA') shareholders represented by Professor Taole Mokoena and Tranter Kismet Investments (Pty) Ltd, a group of South African HDSA professionals, represented by Dr Humphrey Mathe. In addition, the Wits Gold Women's Trust has been registered as a new charitable organization with Dr Brigalia Bam as the Chairperson. The Women's Trust has been set up to fund training opportunities for South African women within the mining industry. Other founding shareholders include the management and staff of the Company as well as a range of institutional and private investors of both South African and international origin.

Address-12th Floor,70 Fox Street,Johannesburg,South Africa.

Tel- +27 11 832 1749

Fax- +27 11 838 3208

 

Pan African is a gold mining company that produces approximately 100,000oz per year.
Its focus is on developing low cost, high margin production or near production projects.

The Company has no debt, is unhedged and is able to fund all of its current on-mine capital from current cashflows.

The acquisition of Phoenix Platinum Mining (Pty) Ltd (Phoenix Platinum) does not change the gold focus of the Company. CTRP construction is anticipated to commence during June 2010 and first production is expected in the second half calendar year 2011.

 Admintrative office in South Africa

c/o. Nicole Spruijt  (Public Relation)

Gadock Heights, ground floor

21 gadock Avenue,

Rosebank, Johannesburg.

Tel : +27 11 243 2900

fax:   +27 11 8801240

Email ; nicole@paf.co.za

 For further detail click the link below.

Introduction

Gold One International Limited is an Australian and African gold producer listed on the financial markets operated by ASX Limited (the Australian Securities Exchange) and JSE Limited (the Johannesburg Stock Exchange) (issuer code GDO). The company was created via inward listing of Gold One - formerly BMA Gold  - on the JSE and the subsequent acquisition by Gold One of all the issued ordinary shares in Aflease by way of a scheme of arrangement on 18 May 2009.

The company's vision is to be the preferred gold exploration, development and mining company, aiming to provide superior returns to investors in global markets, supportive of junior gold mining companies.  The company believes that value-accretive geographical diversification is also key to managing risk and in line with this strategy will continue to review opportunities in tis targeted destinations of Australia, North America and Southern Africa.

Address-Sydney Head Office,Level 3,100 Mount Street,NSW 2060,P.O.Box 1244,North Sydney,NSW 2059.

Tel- +61 2 9963 6400

Fax- +61 2 9963 6499

Address-Johannesburg Corporate Office,45 Empire Road,1st Floor,Park town,2193,Gauteng,South Africa.

Tel- +27 11 726 1047

Fax- +27 11 726 1087

 CENTRAL RAND GOLD

Introduction

Central Rand Gold Limited (the “Company”) is a company focused on gold prospecting and mining in the Central Rand Goldfield of South Africa with the goal of becoming a substantial gold producer. The Company is the holding company for a group of companies (the “Group”). The Group’s principal operating subsidiary, Central Rand Gold South Africa (Proprietary) Limited (“CRGSA”) is 74% is held by Central Rand Gold Netherlands Antilles NV, which itself is wholly owned by the Company.

The Central Rand Goldfield

Between 1886 and the early 1970s the Central Rand Goldfield is estimated to have produced some 247 million ounces of gold (7,696 tonnes) at a reported average head grade (run of mine grade) of 8.2 g/t. In total, an estimated 1,510 million ounces of gold have been extracted from the Witwatersrand Basin over the same period. Most of the old mines closed in the late 1960s and early 1970s as they were considered uneconomic at the prevailing gold price.

Historically, gold was mined from five separate quartz pebble reefs occurring within three distinct reef sequences – the Main Reef Sequence, Bird Reef Sequence and Kimberley Reef Sequence. The reefs within the Main Reef Sequence were historically the most important and most extensively mined.

Address-Building 3,Rand Leases Industrial Estate,18 Geelhout Ave,Rand Leases Ext. 1,1709 Roodepoort,South Africa.

Tel- +27 (0) 11 674 2301/4

Fax- +27 (0) 11 674 1476

E-mail-info@centralrandgold.com