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Harmony Gold Mining Company Limited
Harmony Gold is the largest gold mining company in South Africa. Harmony operates in South Africa and in Papua New Guinea. The company has nine underground mines, one open-pit mine and several surface operations in South Africa. In Papua New Guinea, it has Hidden Valley, an open-pit gold and silver mine and a 50% interest in the Morobe Mining Joint Venture, which includes the Wafi-Golpu project and extensive exploration tenements. Outside the joint venture, Harmony's own exploration portfolio focuses principally on highly prospective areas in Papua New Guinea. In FY17, South African operations accounted for 91% of total gold production of 1.09Moz, with 9% coming from Papua New Guinea. At 30 June 2017, Harmony reported attributable gold equivalent mineral reserves of 36.7Moz of gold, and attributable gold mineral resources of 104.3Moz. At the end of FY17, Harmony employed 33 201 people in total – 26 478 employees and 4 512 contractors in South Africa and 1 300 employees and 91 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melrose Arch
Melrose includes several suburbs of Johannesburg, South Africa. It is located in Region E of the City of Johannesburg Metropolitan Municipality. Melrose is a developing up-market suburb. History The suburb has it origins when Henry Brown Marshall purchased land in the north of Johannesburg in 1893. Prior to the discovery of gold on the Witwatersrand in 1886, the suburb lay on land on one of the original farms that make up Johannesburg, called ''Syferfontein''. It was called the Melrose Estate of 713 acres and at the time was 9.7km north of the central business district. He built his home there and planted trees on the land. The suburb was laid out in 1902. Melrose Arch The Melrose Arch mixed-use development Mixed use is a type of urban development, urban design, urban planning and/or a zoning classification that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions ... is located in Melros ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Papua New Guinea
Papua New Guinea, officially the Independent State of Papua New Guinea, is an island country in Oceania that comprises the eastern half of the island of New Guinea and offshore islands in Melanesia, a region of the southwestern Pacific Ocean north of Australia. It has Indonesia–Papua New Guinea border, a land border with Indonesia to the west and neighbours Australia to the south and the Solomon Islands to the east. Its capital, on its southern coast, is Port Moresby. The country is the world's third largest list of island countries, island country, with an area of . The nation was split in the 1880s between German New Guinea in the North and the Territory of Papua, British Territory of Papua in the South, the latter of which was ceded to Australia in 1902. All of present-day Papua New Guinea came under Australian control following World War I, with the legally distinct Territory of New Guinea being established out of the former German colony as a League of Nations mandate. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold As An Investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries. Gold price Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times. Many European countries implemented gold standards in the latter part of the 19th century until these were temporarily suspended in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon shock, when the US unilaterally suspended the direct convertib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Lord Of The Rings
''The Lord of the Rings'' is an Epic (genre), epic high fantasy novel written by English author and scholar J. R. R. Tolkien. Set in Middle-earth, the story began as a sequel to Tolkien's 1937 children's book ''The Hobbit'' but eventually developed into a much larger work. Written in stages between 1937 and 1949, ''The Lord of the Rings'' is one of the List of best-selling books, best-selling books ever written, with over 150 million copies sold. The title refers to the story's main antagonist, the Dark Lord Sauron, who History of Arda#Second Age, in an earlier age created the One Ring, allowing him to rule the other Rings of Power given to Men in Middle-earth, men, Dwarves in Middle-earth, dwarves, and Elves in Middle-earth, elves, in his campaign to conquer all of Middle-earth. From homely beginnings in the Shire, a hobbit land reminiscent of the English countryside, the story ranges across Middle-earth, following Quests in Middle-earth, the quest to destroy the One Ring, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One Ring
The One Ring, also called the Ruling Ring and Isildur's Bane, is a central plot element in J. R. R. Tolkien's ''The Lord of the Rings'' (1954–55). It first appeared in the earlier story '' The Hobbit'' (1937) as a magic ring that grants the wearer invisibility. Tolkien changed it into a malevolent Ring of Power and re-wrote parts of ''The Hobbit'' to fit in with the expanded narrative. ''The Lord of the Rings'' describes the hobbit Frodo Baggins's quest to destroy the Ring and save Middle-earth. Scholars have compared the story with the ring-based plot of Richard Wagner's opera cycle '' Der Ring des Nibelungen''; Tolkien denied any connection, but at the least, both men drew on the same mythology. Another source is Tolkien's analysis of Nodens, an obscure pagan god with a temple at Lydney Park, where he studied the Latin inscriptions, one containing a curse on the thief of a ring. Tolkien rejected the idea that the story was an allegory, saying that applicability to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moab Khotsong Mine
The Moab Khotsong mine is a large mine located in the northern part of South Africa in North West some southwest of Johannesburg, South Africa. Moab Khotsong represents one of the largest uranium reserves in South Africa having estimated reserves of of ore grading 0.058% uranium. During the years 1995 and 1996, Moab Khotsong recorded the worst safety statistics in the mining industry.World's deepest single-lift mine ever By: Elizabeth Rebelo, 29 September 2003, miningweekly.com History Harmony Gold successfully acquired Moab Khotsong from on 1 March 2018. The $300-million deal includes the Moab K ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welkom
Welkom () is a city in the Free State (province), Free State province of South Africa, located about northeast of Bloemfontein, the provincial capital. Welkom is also known as Circle City, City Within A Garden, Mvela and Matjhabeng. The city's sotho language, Sesotho name, ''Matjhabeng'' means 'where nations meet', derived from the migrant labour system, where people of various countries such as Lesotho, Malawi and Mozambique etc. met to work in the mines of the Gold mining, gold fields. A settlement was laid out on a farm named "wikt:welkom, Welkom" (which is the Afrikaans and Dutch language, Dutch word for "wikt:welcome, welcome") after gold was discovered in the region, and it was officially proclaimed a town in 1948. The town became a municipality in 1961. It now falls in the Matjhabeng Local Municipality, Matjhabeng Municipality, part of the Lejweleputswa District Municipality, Lejweleputswa District. History Much of the history of Welkom is centred around the Free State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AngloGold Ashanti
AngloGold Ashanti Limited is a South African gold mining company, with global operations. With a diverse portfolio of cooperation, projects, and exploration activities, AngloGold Ashanti was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. Based on 2023 production, it was the world’s 7th largest gold miner 21 mining operations across four continents, listed on the New York, Johannesburg, Accra, London, and Australian stock exchanges, as well as the Paris and Brussels bourses. The company left the JSE in 2023. AngloGold Ashanti has a history of gross human rights violations and causing grave environmental problems for which it won one of the Public Eye Awards. History AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of AngloGold and the Ashanti Goldfields Corporation three days earlier. AngloGold had been a gold mining company based in South Africa, majority-owned by the Anglo American g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic Ocean, South Atlantic and Indian Ocean; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; to the east and northeast by Mozambique and Eswatini; and it encloses Lesotho. Covering an area of , the country has Demographics of South Africa, a population of over 64 million people. Pretoria is the administrative capital, while Cape Town, as the seat of Parliament of South Africa, Parliament, is the legislative capital, and Bloemfontein is regarded as the judicial capital. The largest, most populous city is Johannesburg, followed by Cape Town and Durban. Cradle of Humankind, Archaeological findings suggest that various hominid species existed in South Africa about 2.5 million years ago, and modern humans inhabited the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of Johannesburg Metropolitan Municipality
The City of Johannesburg Metropolitan Municipality () is a metropolitan municipality that manages the local governance of Johannesburg, the largest city in South Africa. It is divided into several branches and departments in order to expedite services for the city. Zulu is the most spoken home language at 23.4% followed by English at 20.1%. Johannesburg is a divided municipality: the poor mostly live in the southern suburbs or on the peripheries of the far north, and the middle- and upper class live largely in the suburbs of the central and north. As of 2012, unemployment is near 25% and most young people are out of work. Around 20% of the municipality lives in abject poverty in informal settlements that lack proper roads, electricity, or any other kind of direct municipal service. History Following the end of the apartheid era, in April 1991 the Central Witwatersrand Metropolitan Chamber was formed as a "people-based" negotiating forum prior to holding a democratic election a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Mining
Gold mining is the extraction of gold by mining. Historically, mining gold from Alluvium, alluvial deposits used manual separation processes, such as gold panning. The expansion of gold mining to ores that are not on the surface has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations. However, the value of gold has led to millions of small, Artisanal mining, artisanal miners in many parts of the Global South. Like all mining, Mining#Human rights, human rights and Environmental effects of mining, environmental issues are common in the gold mining industry, and can result in environmental conflict. In mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Largest Gold Companies
Gold mining companies can be ranked by various metrics, including annual production, cash costs per ounce, and market capitalization. The most common rankings are based on either total gold output (in ounces) or market capitalization, which reflects the total value of a company’s outstanding shares. As of 2024, the world’s top 10 largest gold producers by output included US-based Newmont Corporation, Canada-based Barrick Gold, Russia-based Polyus, China-based Zijin Mining. China remains the List of countries by gold production, top gold-producing country, followed by Russia, Australia, Canada, and the United States. While global gold production peaked around 2018–2019, recent years have seen stable but slightly declining output, largely due to resource depletion in mature mining regions and increased production costs. Ranking The following are the world’s largest publicly reporting gold mining companies by production in 2024, measured in million ounces. This ranking i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
