Coronavirus: closure and re-opening of the Mponeng gold mine

22 June 2020
Coronavirus: closure and reopening of the Mponeng gold mine

The Mponeng gold mine in South Africa has been the scene of several issues for the past few months. Since March, the world’s deepest gold mine has undergone a series of events that have impacted temporarily its production while endangering the workers who work there.

At the beginning of March, a serious incident at the heart of the mining operation took place following a seismic tremor. Three workers lost their lives when the ground collapsed in a tunnel 3.5 km below the surface.

At the end of the same month of March, the coronavirus then affected the continued operation of the mine. As a precautionary measure, Mponeng’s owner, AngloGold Ashanti, chose to apply a precautionary approach.

All miners were tested for coronavirus and those detected showed no apparent symptoms. A total of 196 cases were revealed as a result of this screening campaign among Mponeng miners.

It was only at the beginning of June that the company decided to restart operations at the site after the South African authorities gave the go-ahead. This relaunch was partly achieved by mobilising half of the industrial capacity for extracting the gold contained in the mine.

According to a company representative, the impact of the coronavirus on the financial results will be limited, thanks to a particularly profitable and beneficial first quarter of operation of the mine. Thus, during this period, benefits were three times higher than those recorded for the same period of the previous year.

The Mponeng gold mine is the deepest gold mine in the world, with a total of 4 km between the surface and the lowest point of the mineable deposit.

The mine has been sold and AngloGold Ashanti will transfer ownership of the site to Harmony Gold.

    LET US CALL YOU...
    Coronavirus: closure and re-opening of the Mponeng gold mine

    WE EXPERTISE AND BUY YOUR GOLD CASH

    GOLD – PLATINUM – TIN – DIAMOND – WASTE – COIN – WATCHES

    20 years of experience & expertise in Gold & precious metals buying

    30 SHOPS AT YOUR SERVICE N°1 IN SWITZERLAND

    F

    Our shops

    BUYINGGOLD.CH NYON

    Rue de la Gare, 39
    1260 Nyon - Swiss
    +41 (0)22 362 01 01

    Location
    BUYINGGOLD.CH GENEVA 1 Train station

    Boulevard James Fazy, 12
    1201 Geneva - Swiss
    +41 (0)22 732 24 24

    Location
    BUYINGGOLD.CH GENEVA 2 EAUX-VIVES

    Av. Pictet de Rochemont, 5
    1207 Geneva - Swiss
    +41 (0)22 740 55 55

    Location
    BUYINGGOLD.CH GENEVA 3 CONFEDERATION CENTRE

    Rue de la Confédération 5
    1204 - Swiss
    +41 (0) 22 810 47 47

    Location
    BUYINGGOLD.CH BELLEVUE

    Route de Lausanne, 337
    1293 Bellevue - Swiss
    +41 (0)22 362 01 01

    Location
    BUYINGGOLD.CH ETOY

    Route Suisse, 10
    1163 Etoy - Swiss
    +41 (0)21 843 12 12

    Location
    BUYINGGOLD.CH LAUSANNE 1 TRAIN STATION

    Avenue de la Gare, 6
    1003 Lausanne - Swiss
    +41 (0)21 323 24 24

    Location
    BUYINGGOLD.CH LAUSANNE 2 TERREAUX

    Rue des Terreaux, 20
    1003 Lausanne - Swiss
    +41 (0)21 323 04 04

    Location
    BUYINGGOLD.CH YVERDON

    Rue de Neuchatel 10
    1400 Yverdon - Swiss
    +41 (0)24 430 44 44

    Location
    BUYINGGOLD.CH Neuchatel

    Rue des Poteaux 3
    2000 Neuchatel - Swiss
    +41 32 724 83 83

    Location
    BUYINGGOLD.CH BIEL

    Zentralstrasse 30
    2502 Biel - Swiss
    +41 (0)32 914 05 05

    Location
    BUYINGGOLD.CH La Chaux de Fonds

    Léopold-Robert 74
    2300 La Chaux-de-Fonds - Swiss
    +41 32 968 42 42

    Location
    BUYINGGOLD.CH VEVEY

    Rue du Conseil, 19
    1800 Vevey - Swiss
    +41 (0)21 922 13 13

    Location
    BUYINGGOLD.CH MONTREUX

    Grand Rue, 84
    1820 Montreux - Swiss
    +41 (0) 22 732 24 24

    Location
    BUYINGGOLD.CH BULLE

    Rue de Vevey, 16
    1630 Bulle - Swiss
    +41 (0)26 919 34 34

    Location
    BUYINGGOLD.CH MONTHEY

    Place de l’Eglise, 5
    1870 Monthey - Swiss
    +41 (0)24 472 44 44

    Location
    BUYINGGOLD.CH MARTIGNY

    Rue de la Poste, 7
    1920 Martigny - Swiss
    +41 (0) 27 722 55 55

    Location
    BUYINGGOLD.CH UVRIER

    Route du Simplon 82
    1958 Saint Léonard - Swiss
    +41 (0) 27 203 49 49

    Location
    BUYINGGOLD.CH SIERRE

    Route de Sion, 21
    3960 Sierre - Swiss
    +41 (0)27 456 74 74

    Location
    BUYINGGOLD.CH FRIBOURG

    Rue Saint-Pierre, 10
    1700 Fribourg - Swiss
    +41 (0)26 495 36 36

    Location
    BUYINGGOLD.CH BASEL 1

    Aeschenvorstadt 36
    4051 Basel - Swiss
    +41 (0)61 283 16 16

    Location
    BUYINGGOLD.CH BASEL 2

    Untere Rebgasse 18
    4058 Basel - Swiss
    +41 (0)61 222 26 26

    Location
    BUYINGGOLD.CH SOLEUR

    Hauptgasse 29
    4500 Soleur - Swiss
    +41 (0)32 322 62 62

    Location
    BUYINGGOLD.CH ZURICH 1

    Uraniastrasse 40
    8000 Zurich - Swiss
    +41 (0)44 202 17 17

    Location
    BUYINGGOLD.CH ZURICH 2

    Shifflände 16
    8001 Zurich - Swiss
    +41 (0)44 350 47 47

    Location
    BUYINGGOLD.CH LUZERN

    Pilatusstrasse 17a
    6003 Lucerne - Swiss
    +41 (0)41 282 44 44

    Location
    BUYINGGOLD.CH BUS

    On Call
    we move in all Switzerland
    +41 (0) 22 362 01 01

    Location
    BUYINGGOLD.CH BERN

    Gurtengasse 6
    3011 Bern - Swiss
    +41 31 318 86 86

    Location
    BUYINGGOLD.CH LUGANO

    Via al forte 10
    6900 Lugano - Swiss
    +41 (0)91 921 07 07

    Location
    BUYINGGOLD.CH SAINT-GALL

    Spisergasse 23
    9000 Saint-Gall - Swiss

    Location
    BUYINGGOLD.CH LOCARNO

    Via della posta 6
    6600 Locarno - Swiss
    +41 91 751 47 47

    Location
    All shops