Modern Mining December 2018

MINING News

The Komatsu head office on the new Komatsu campus.

Komatsu unveils its new industrial campus confidence in South Africa and its future and serves as a launching pad to meet our objective of growth through innovation. It will also enable us to render support in the much-needed expansion of the local economy through the seamless supply of equipment to the mining, construction and utilities markets,” said Mike Blom, MD of Komatsu African Holdings.

be at the lower-end of our cost guidance. We generated strong cash flow this quarter and have maintained our robust cash bal- ance while advancing our growth project,” said John Dorward, President and CEO of Roxgold. “At Bagassi South, the project has been progressing well during the quarter and first development ore has been delivered to the ROM pad in late October on sched- ule. The process plant expansion, which will increase mill capacity nearly 50 %, is also continuing to progress well. With all materials now on site, the expansion is on track to be completed by the end of the year.”  The training centre is equipped with virtual reality technologies with realistic machine controls for simulated operator training and testing. Over the past five years, more than 130 apprentices have gone through the Komatsu apprentice- ship programme. The centre currently offers 36 courses and has provided train- ing for more than 2 300 people over the past three years.  will have a positive impact on the levels of service and support provided to customers through improved logistics, workflow and communication. The PDC is 21 000 m 2 in size and 23 % larger than the previous facility. It has an inventory of around 40 000 line items val- ued at R885 million and distributes around 12 000 pieces to more than 40 destinations every day. It features semi-automated tur- ret trucks enabling safe, accurate access to the highest racking areas.

Komatsu African Holdings, the Southern African division of global capital equip- ment player Komatsu Limited, has unveiled a new industrial hub built at a cost of R985 million in Sunnyrock Ext 11, Tunney, Germiston, east of Johannesburg. Trade and Industry Minister Rob Davies was one of the guests at the event. The 300 000 m 2 development is one of the largest industrial campuses in the country and will serve as the central hub from which the company will manage its widespread operational footprint across Southern Africa. The venture brings together mul- tiple previously geographically dispersed operations in a single, convenient com- plex that has been purpose-designed to streamline existing operations and enable the business to capitalise on future market resurgence opportunities. “This development clearly reflects our

production now stands at 106 812 ounces (91 970 ounces in YTD 2017). Yaramoko realised a record quarterly processing throughput of 78 357 tonnes – 15 % above nameplate capacity. Operating costs per tonne processed were reduced by 7 % over the quarter and the mine achieved a cash operating cost of US$454 per ounce produced and all-in sustaining costs of US$788 per ounce sold. “With the solid operating results achieved at Yaramoko this quarter, we are confident of achieving the upper-end of our 2018 full year guidance range and expect to The campus comprises the company’s head office operations, Gauteng branch and state-of-the-art training centre, equip- ment workshop and Parts Distribution Centre (PDC). Construction of a technically advanced component remanufacturing facility will begin in 2019 and is set for completion the following year. Blom highlighted the main drivers behind the development: the creation of a safe, pleasant and modern working envi- ronment for employees and the delivery of enhanced operational efficiencies. These

Yaramoko delivers record gold production Roxgold Inc, listed on the TSX, has reported its third quarter financial results for the period ended September 30, 2018. The company’s key asset is the high-grade Yaramoko gold mine, located on the Houndé greenstone belt in Burkina Faso. Roxgold operates the 55 Zone under- ground mine at Yaramoko, commissioned in 2016, and has a second high-grade underground mine, Bagassi South, cur- rently in development.

During the quarter, Roxgold achieved production of 30 532 ounces of gold (28 410 ounces in Q3 2017) and YTD 2018

12  MODERN MINING  December 2018