|Mining Operations||| Print ||
The location of the Group’s current mining operations is illustrated in plan below:
The Company currently produces gold from its Lily and Barbrook Mines, where there has been a steady increase in collective gold production since its listing.
This is despite setbacks in the production ramp-up caused by a 7 week, unprotected labour strike four months after listing and a major collapse of an underground stabilising pillar at the Lily Mine late in 2012, causing a temporary dilution of ore grade and the resultant decline in gold production. During 2013, gold production increased markedly with rising ore grades while costs declined.
The following graphs illustrate the Group’s quarterly production achievements: