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South Africa
Lily Mine

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 Location:
25 km NE from Barberton, South Africa

  Regional Office:
8 Streak Street
Nelspruit
South Africa
PO Box 820, Nel
Phone  ...  Subscription required
Fax+27 (0)13 752 6978
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Personnel
  • Filings & News

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Overview

StatusCare and Maintenance
Mine TypeUnderground
Commodities
  • Gold
Mining Method
  • Longhole stoping
Mine Life11 years (as of Jan 1, 2014)
Lily mine was placed under business rescue after Lily Mine collapsed in February 2016. Mining operations ceased and MIMCO, a subsidiary of Vantage Goldfields, was unable to pay its debts.

Vantage remains determined and fully committed to pursuing the rescue of its companies and the implementation of the business rescue plans, which include the payment of creditors, reopening of both the Lily and Barbrook mines.

Vantage will continue to seek to implement its plans to pay creditors and to reopen both the Lily and Barbrook mines.


Owners

Source: p. 9
CompanyInterestOwnership
Lomshiyo Investments (Pty) Ltd. 26 % Indirect
Vantage Goldfields Ltd. 74 % Indirect

Contractors

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Deposit Type

  • Vein / narrow vein


Summary:

The Lily mine is a lode gold deposit along the faulted interface between the Figtree and Onverwacht groups of the Archaean Barberton greenstone belt. The Onverwacht metavolcanics are composed of talc and talc-carbonate schists derived from ultramafic precursors, while the Figtree metasediments comprise interbedded greywacke, shale and chert. The general trend is an east-west strike with asteep southerly dip. The shearing andmineralisation are parallel to the regional fabric. The gold mineralisation is structurally controlled and associated with fine grained pyrrhotite, minor arsenopyrite and chalcopyrite, and with quartz-carbonate veins.


Mining Methods

  • Longhole stoping


Summary:

Underground development and stoping utilise mechanised, long-hole drilling, blasting, mucking and hauling methods. Ore is hauled with mechanised equipment along specifically sized reef drives, hanging wall drives and ramps.


Crushing and Grinding


Processing

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Summary:

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Production:

CommodityUnits2014
Gold oz 24,845

Operational Metrics:

Metrics2014
Tonnes milled 387,534 t

Reserves at December 31, 2014:

CategoryTonnage CommodityGradeContained Metal
Proven 0.5 Mt Gold 2.56 g/t 41,200 oz
Probable 4.37 Mt Gold 2.36 g/t 331,800 oz
Proven & Probable 4.87 Mt Gold 2.38 g/t 373,000 oz
Measured 7.11 Mt Gold 2.22 g/t 507,400 oz
Indicated 5.76 Mt Gold 2.09 g/t 387,100 oz
Inferred 13.6 Mt Gold 2.09 g/t 914,100 oz



Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 14, 2022
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
Annual Report 2014
Press Release 2011
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