Submission to the Parliamentary Portfolio Committee on Water and Environmental Affairs. Johan du Toit CEO Central Rand Gold 28 June 2011. Central Rand Gold Mining and prospecting area. Central Rand Gold Background. Between 1886 to the early 1970’s the Central Basin was extensively mined.
Johan du Toit
Central Rand Gold
28 June 2011
Significant resource value has been “lost” since the SWV pumps were stopped in 2008 i.e. 4.67moz.
CRG is placing its operations in “care and maintenance” until clarity is obtained - at what level the water table can be stopped at?
Over 200 jobs have been lost at CRG as a result of the uncertainty surrounding the rising water tableCentral Rand GoldProject economics'
Mineral resource base