Producer · Senior · Gold · Australia · South America
Last updated 21 June 2026
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Operating · 18 projects
Mponeng
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Deep-level underground gold mine operating between 3,160m and 3,740m below mine datum, currently the deepest mine in the world. Acquired from AngloGold Ashanti in October 2020. Mines the Ventersdorp Contact Reef and Carbon Leader Reef. LoM extension approved in February 2024, ensuring at least another 18 years up to 2043/2044. Ore processed at the Mponeng gold plant.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Doornkop
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Single-shaft underground gold mine exploiting the South Reef to some 2,000m below surface. Located south of Krugersdorp, 30km west of Johannesburg. Property bounded by the Roodepoort fault and other faults. Acquired by Harmony in January 2000. Ore processed at the mine's carbon-in-pulp plant. 207 and 212 levels project underway to extend mining to depth with new ore handling system and shaft infrastructure upgrades.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Moab Khotsong
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Deep-level underground gold mine located near Orkney and Klerksdorp. Includes the mining and surface infrastructure of the adjacent Great Noligwa. Acquired from AngloGold Ashanti in March 2018. Primary economic horizon is the Vaal Reef. Zaaiplaats project underway to access the orebody below current infrastructure. Ore processed at the Great Noligwa gold plant.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Tshepong North
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Mature underground gold mine operating at moderate depths of between 1,600m and 2,400m below surface. Located between Odendaalsrus and Kutloanong. Principal gold-bearing orebody is the Basal Reef, with the B Reef as a secondary horizon. Ore processed at the Harmony One carbon-in-pulp plant. Restructured in FY23 to reduce footprint and improve flexibility.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Other Free State tailings
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Remaining Free State TSFs not planned at Saaiplaas and Central plants in the current business plan. These will be processed at any plant where a replacement source is needed.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Tshepong South
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Moderate to deep-level conventional underground gold mine operating at depths of between 2,014m and 2,600m below surface. Located north-west of Masimong 5 shaft. Principal gold-bearing orebody is the Basal Reef, with the B Reef as a secondary horizon. Ore processed at the Harmony One carbon-in-pulp plant.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Kusasalethu
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Deep-level underground gold mine situated on the West Wits Line, 14km south of Carletonville. Employs sequential grid mining. Mines the Ventersdorp Contact Reef. Acquired from AngloGold Ashanti in 2001. Ore processed at the Mponeng gold plant. Revised, shortened life-of-mine plan implemented in FY15 to optimise cash flow.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Target 1
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Single underground gold mine located 30km north of Welkom. Essentially a trackless massive mining operation, also using conventional labour-intensive mining in certain areas. Orebody composed of some 67 individual conglomerates. Ore processed at the Target plant adjacent to the mine.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Hidden Valley
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Open-pit gold and silver mine located approximately 90km south-south-west from Lae. Structurally controlled vein-stockwork gold-silver deposit. Ore processed at the Hidden Valley process plant. Life-of-mine extended to March 2030.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Joel
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Underground gold mine located 40km south of Welkom. Consists of two interconnected shaft complexes. Mines the Beatrix Reef. Ore processed at the Harmony One carbon-in-pulp plant. Mining conducted mainly in terms of a pre-developed scattered mining system.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Kalgold
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Open-pit gold mine located on the Kraaipan Greenstone Belt, 55km south-west of Mahikeng. Extracts ore from a series of satellite orebodies. Acquired by Harmony in 1999. Ore processed at the Kalgold plant.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Mine Waste Solutions
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Gold tailings treatment operation located near Klerksdorp. Acquired by Harmony in October 2020. Processes hydraulically re-mined slurry from several TSFs through the MWS gold plant. Kareerand TSF extension project underway to increase deposition footprint.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Vaal River tailings
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Vaal River tailings retreatment operation located in the North West region.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Central plant reclamation
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Tailings reclaimed from the FSS5 TSF are processed at Central plant which was adapted for tailings retreatment. Plant commissioning began in June 2017.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Masimong
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
Single-shaft underground gold mine exploiting the Basal and B reefs at 1,650m to 2,010m below surface. Located approximately 12km east of Welkom. Ore processed at the Harmony One carbon-in-pulp plant. Approaching the end of its economic life.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Phoenix
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
The Phoenix (Tswelopele beneficiation) operation is a low-cost, high-profit margin, low-grade tailings reprocessing operation. It retreats tailings from TSFs in the region to extract residual gold using the Saaiplaas plant.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
West Wits tailings
Asset
Project information
As at 30 June 2025
Description
As at 30 June 2025
West Wits tailings retreatment operation located in the West Rand region.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
MAC Copper
Asset
Project information
Description
High-grade underground copper mine (CSA mine) in Cobar, New South Wales. Acquisition effective 24 October 2025.
Mining metrics
As at 31 December 2024
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Development · 3 projects
Wafi-Golpu
Asset · Development · Ownership 50%
Project information
As at 30 June 2025
Description
As at 30 June 2025
Greenfield undeveloped deep-level block cave mine in permitting phase. 50:50 joint venture with Newmont Corporation. Includes the Golpu copper-gold porphyry deposit, the Nambonga copper-gold porphyry deposit, and the Wafi high-sulphidation epithermal gold deposit. Environment permit granted in December 2020; special mining lease negotiations ongoing.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Eva Copper
Asset · Development
Project information
As at 30 June 2025
Description
As at 30 June 2025
Large, open-pit copper-gold mining operation with an associated gravity and flotation processing plant. Located 76km north-west of Cloncurry. Acquired from Copper Mountain Mining Corporation in December 2022. Feasibility study update in progress. Projected mine life expected to extend beyond 15 years.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Mispah
Asset · Development
Project information
As at 30 June 2025
Description
As at 30 June 2025
Mispah tailings dam retreatment project to construct Mispah pump station to treat Mispah 1 TSF through Mine Waste Solutions. On track for July 2026 commissioning.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Exploration · 1 project
Kerimenge
Asset · Exploration
Project information
As at 30 June 2025
Description
As at 30 June 2025
Structurally controlled vein-stockwork gold deposit located approximately 8km south-south-east of Wau. Currently going through prefeasibility as part of the Hidden Valley operation life-of-mine extension. Study contemplating an open-pit mining operation with ore treatment via either heap leach methods or through the HV plant.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Suspended · 1 project
Target 3
Asset · Suspended
Project information
As at 30 June 2025
Description
As at 30 June 2025
Target 3 is on care and maintenance, situated to the south of Target 1.
Mining metrics
As at 30 June 2025 · inclusive
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Reserves & resources — detail
As at 30 June 2025
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Assumptions
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
How to read this tab
- The tables below list unit codes most often used in the Precious Metals sector for this company. MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
What the Portfolio tab shows
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
Concepts in your sector — Precious metals
- Resources vs Reserves. Resources are geological estimates that could one day be mined; Reserves are the subset with a feasibility study and plausible positive economics. Measured → Indicated → Inferred describe increasing geological uncertainty; Proven → Probable are reserve labels from Measured/Indicated. Inferred resources are not convertible to reserves under most codes.
- Grade (g/t) is the headline number on gold/silver pages. High-grade is often above 5 g/t; >10 g/t is bonanza territory; below 1 g/t is bulk low-grade. Open-pit cut-offs are typically lower than underground.
- AISC (All-In Sustaining Cost) is direct cash costs + sustaining capex + royalties + corporate overhead + reclamation, per ounce produced. C1 strips sustaining capex and corporate overhead. Both are non-GAAP and defined differently across issuers.
- By-product credits. Polymetallic deposits credit by-product value against the main metal cost; negative AISC after credits does not mean the main metal is sold below cash cost.
Portfolio tab — table guide
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Mining — one row per mining project, with columns for project name, location, status, primary commodities, production (with rating), reserves & resources (with rating), grade (with rating), costs and estimated lifetime. Multi-commodity projects emit one summary row per commodity.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
Ownership / Working interest
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.
Gold
Silver
Copper
Uranium
Molybdenum
Copper uses kt Cu bands (Mlb Cu when lb-scale copper resources appear on featured projects). Lithium grade uses hard-rock % Li₂O bands unless brine-style extraction or brine units appear on featured projects.
Assumptions
- Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.
Copyright © 2026, Metal Pilot
We use strictly necessary cookies for authentication and site functionality. Optional analytics (Google Analytics) load only after you accept; we do not use advertising, remarketing, or Google Signals. We honour Global Privacy Control (GPC) and other recognised opt-out signals by keeping analytics off for that browser.