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Posted: 2017-12-07 08:03:13

The joint owners of the Tropicana gold mine have approved spending of $46 million to underpin a new mining strategy under which waste material from new pits will be tipped back into the original open pit mine, delivering increased production and a longer mine life.

The new strategy will add 2.1 million ounces of gold production to the Tropicana business plan, extending mine life by about seven years to 2027.

Tropicana, which is jointly owned by AngloGold Ashanti Australia (70 per cent) and Independence Group, is the state’s third largest gold mine, with production of 432,00oz last year.

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