East Rand Gold Mine | |
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East Rand Gold Mine
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Location | Boksburg |
Province | Gauteng |
Country | South Africa |
Owner | |
Company | DRD Gold Limited |
Website | DRD Gold website |
Year of acquisition | 2002 |
JSE | DRD |
Production | |
Financial year | 2007-08 |
Ounces of Gold | 79,479 |
East Rand Proprietary Mines (ERPM) is a 100-year-old underground gold mining operation on the Witwatersrand Basin at Boksburg, to the east of Johannesburg. The mine employs 2,740 people. It was the deepest mine in the world until 2008 at 3,585 metres depth, slightly more than the TauTona mine, also in South Africa, which was 3,581 metres at the time (in 2008 the TauTona mine completed a digging project that extended the depth of the mine by several hundred metres.)[1]
Recent production figures:[2]
Year | Production | Grade | Cost per ounce |
2007 | 80,216 ounces | 1.23 g/t | US $ 641 |
2008 | 79,479 ounces | 1.14 g/t | US $ 748 |
2009 | |||