[miningmx.com] — SOUTH Africa’s Gold Fields, the world’s fourth-largest listed gold miner, plans to raise output at its South Deep mine by up to 25% to 1 million ounces a year, Business Day reported on Monday.
Gold Fields had said in the past it planned to raise production at South Deep to between 750,000-800,000 ounces a year by the end of 2014.
Vishnu Pillay, vice-president for the South African region, said the company wanted to realise its maximum value and increase that to an annual output of 1 million ounces.
“We are looking at ways and means of taking that through to 1 million ounces,” he was quoted as saying by Business Day.
