Pan African claims the group has a track record of successfully bringing tailings retreatment operations to fruition. Pan African has commissioned three safe and highly profitable gold tailings retreatment operations in the recent past, namely the BTRP, the ETRP and more recently the Group’s flagship Elikhulu operation (combined with ETRP).
These projects were all commissioned within budget and on schedule, and have generated compelling returns on the invested capital.
Pan African currently retreats approximately 1.3Mt of tailings per month through its technologically advanced metallurgical plants to recover gold from the historical TSFs in the Barberton and Evander regions.
The hydro-mining of these historical environmental liabilities is economically robust and have the added benefit of restoring the environment for the betterment of local communities, with land reclaimed for alternative economic uses.
Modern tailings retreatment operations are highly automated, with a low labour complement. The
Group produces approximately 70koz per annum of recovered gold from the Elikhulu and BTRP operations at an all-in sustaining cost (AISC) of less than US$900/oz.