South Deep mine’s latest results show a sustained improvement in its turnaround
In 2020, word about the dramatic turnaround at Gold Field’s ‘South Deep’ mine, third-largest gold resource in the world, began to reverberate across the industry.
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How Gold Fields South Deep achieved its dramatic turn-around in just 12 months
Case Study: South Deep saw a 41% increase in gold production when comparing H1 2019 with H2 2019. Prior to the outbreak of the COVID-19 pandemic, Gold Fields announced two consecutive cash-positive quarters at South Deep Mine at the end of 2019 and recorded a full year of cash flow positive results, while meeting production guidance.
