Our business

Our goal

As an emerging South African mid-tier gold miner, our target is to be globally competitive within the next five years.

Our current footprint

VMR’s current asset portfolio includes the Tau Lekoa and Kopanang underground gold mines, along with a surface materials site, two processing plants and an exploration project. All assets are situated in close proximity to each other, some 250 km south-west of Johannesburg near the town of Orkney. Production from the two mines is processed at the West gold plant, while the surface materials from the old Buffels mine area are treated at the adjacent Nicolor plant. The two processing plants have a total annual processing capacity of more than 3 million tonnes.

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OPERATIONS & PROJECTS

  • Tau Lekoa

    Deep level gold mine operating on five levels from 900 to 1,650 metres below surface. Tau Lekoa currently produces around 90,000 oz of gold annually.

  • Kopanang

    Operating at 1,350 to 2,240 metres below surface, and accessed by a single shaft. Kopanang has the largest diameter deep-level shaft in South Africa.

  • Weltevreden

    The Weltevreden mine was opened by Gencor in 1992, but due to falling gold prices towards the mid-1990s did not reach full production. Potential production is estimated at several tens of thousands of ounces per annum, with a life of mine of up to 15 years.

  • Buffels surface
    materials


    The Buffels surface materials site is a remnant of the old Buffelsfontein gold mine that was closed in 2013. In addition to overseeing rehabilitation activities, material from the remaining 10 million tonne waste rock dump is processed through the adjacent Nicolor plant at a rate of between 60,000 and 120,000 tonnes per month.