Reports Tool + open

IN THIS SECTION
  Beatrix

Beatrix

Thickners at No1 metallurgical plant.  
During financial 2010 Beatrix produced 391,900 ounces of gold at a cash cost of R180,358 per kilogram (US$740 per ounce) and an NCE of R239,867 per kilogram (US$984 per ounce).
For the year to end-June 2011 the outlook for Beatrix is to produce between 385,800 and 424,400 ounces of gold at a cash cost of between R176,800 and R192,000 per kilogram and an NCE of between R226,000 and R242,000 per kilogram.
Thickners at No1 metallurgical plant.    

Located some 240 kilometers south-west of Johannesburg, near the towns of Welkom and Virginia in the Free State province, the Beatrix Gold Mine is the only one of Gold Fields’ mines in South Africa which is located on the southern rim of the Witwatersrand Basin. Beatrix has 17.1 million ounces in Mineral Resources and 5.7 million ounces in Mineral Reserves. Beatrix is a large shallow to mediumdepth gold mine operating at depths of between 700 meters and 2,200 meters below surface. Geologically the mine is located along the southern rim of the Witwatersrand Basin and exploits auriferous palaeoplacers (reefs) of the Central Rand Group. The Beatrix Reef (BXR), and local facies variations thereof, constitutes 72 per cent of the Beatrix Mineral Reserve, with the Kalkoenkrans Reef (KKR) contributing 28 per cent. The mine consists of four producing shafts and two processing plants, of which 1 Plant processes only underground ore and 2 Plant surface material only.

Gold produced
(’000oz)
 
Conveyor belt feeding broken ore to the metallurgical plant
Conveyor belt feeding broken ore to the metallurgical plant
 
Headgear bin at 3 Shaft
Headgear bin at 3 Shaft
Gold produced (’000oz)    

      F2010 F2009 F2008 F2007 F2006
Main development Advanced km 29.8 32.6 40.8 43.8 35.9
Main on-reef development Advanced km 5.5 6.7 8.3 6.4 6.9
  Value cm g/t 1,492 963 974 967 1,135
Area mined   ’000m2 532 565 625 703 686
Productivity   m2 /TEC* 4.3 4.5 4.9 5.6 5.5
Tonnes milled Underground ’000 2,861 2,991 3,215 3,590 3,551
  Surface ’000 190
  Total ’000 3,051 2,991 3,215 3,590 3,551
Yield Underground g/t 4.2 4.1 4.2 4.7 5.2
  Surface g/t 1.0
  Combined g/t 4.0 4.1 4.2 4.7 5.2
Gold produced Underground kg 11,996 12,164 13,625 16,903 18,541
  Surface kg 192
  Total kg 12,188 12,164 13,625 16,903 18,541
  Total ’000oz 392 391 438 543 596
Operating costs Underground R/t 794 681 536 432 396
  Surface R/t 9
  Total R/t 745 681 536 432 396
Gold sold   kg 12,188 12,164 13,625 16,903 18,541
Total cash cost   US$/oz 740 552 515 377 354
    R/kg 180,358 159,799 120,382 87,251 72,768
Notional cash expenditure   US$/oz 984 757 723 584 485
    R/kg 239,867 219,254 168,903 126,812 99,892
Net earnings   Rm 206.9 321.8 332.4 370.8 185.3
Capital expenditure   Rm 650.6 629.4 576.6 592.8 447.3

* TEC = total employees costed.