The bad start to the year at Gold Fields’ South Deep mine in SA when two people were killed will probably have a knock-on effect on 2018’s output from the new mine, CE Nick Holland said on Monday. The South Deep project is arguably the most closely watched within Gold Fields after years of missed production targets and hefty capital expenditure totalling R29bn, including the purchase price and the need for another R2bn to bring it into full production of 650,000oz annually in the next five years.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.