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Gold Fields (following the unbundling of Sibanye Gold) is a large unhedged producer of gold with attributable annual production of approximately 2 million gold ounces from six operating mines in Australia, Ghana, Peru and South Africa. The new Gold Fields also has an extensive and diverse global growth pipeline with four major projects in resource development and feasibility. The new Gold Fields has total attributable gold Mineral Reserves of 54.9 million ounces and Mineral Resources of 125.5 million ounces. Gold Fields is listed on the JSE Limited (primary listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in Brussels (NYX) and the Swiss Exchange (SWX). In February 2013, Gold Fields unbundled its KDC and Beatrix mines in South Africa into a separately listed company, Sibanye Gold.
IN THIS SECTION
     
  Arrow Global Reporting Initiative (GRI)
  Arrow Annual Report 2012 case studies
  Arrow Annual Report 2011 case studies
    Arrow Why does Gold Fields use NCE to measure its cost performance?
    Arrow A revised Code of Ethics for the Group
    Arrow Liquid Gold: Mitigating future liabilities and enhancing water security
    Arrow The GROWTH project: Unlocking value from waste rock
    Arrow BIOX® process technology: Creating commercial opportunities from refractory ore
    Arrow Bringing new life to the Damang mine through the Super Pit project
    Arrow Piloting the WGC Conflict-Free Gold Standard
    Arrow Phasing out the Fanakalo language in South Africa
    Arrow Gold Fields makes good progress against new Mining Charter targets in South Africa
    Arrow Cerro Corona: Promoting ‘holistic’ local development
    Arrow Gold Fields recognised as one of the top-5 mining companies in the DJSI
    Arrow Using a Group-level methodology to produce regional Sustainable Development Action Plans
    Arrow South Deep installs award winning steel headgear
    Arrow Pioneering energy-efficient fan technology in South Africa
    Arrow Enhanced cyanide management through ASTERTM process technology
    Arrow Gold Fields Ghana wins 2011 Global Business Coalition Health Award
    Arrow Living Gold rose project: Learning from past challenges
    Arrow Developing a sustainable economic model for the Eastern Cape
  Arrow Sustainability reports
  Arrow Safe Production Management
    Climate Change Strategy
    Arrow Executive overview
    Arrow Background
    Arrow Gold Fields' approach
    Arrow Board presentation
    Arrow Carbon Policy
    Arrow Carbon footprint
    Projects
    Arrow Beatrix Methane project
    Arrow Kloof Hard Ice project
    Arrow Lake Lefroy Alternative project
    Newsroom
    Arrow In the media
    Arrow FAQS
    Arrow Useful links
    Arrow Contact us
  Arrow Human resources
  Arrow Risk management
  Arrow Corporate governance
  Arrow 24 hours in the life of a Gold Fields Employee in the South African Region
  Arrow Sustainability contacts
     

BIOX® process technology: Creating commercial opportunities from refractory ore

High gold prices and globally depleting levels of oxide ore mean that harder-to-process refractory ore bodies are playing an increasingly important role in global gold production. This dynamic is creating new opportunities for the commercial application of BIOX®. This proprietary Gold Fields technology is licenced to third-parties for the pre-treatment of refractory sulphide gold ores, prior to conventional cyanide leaching.

Refractory ores are naturally resistant to standard recovery methods, as the gold is ‘locked’ within sulphide minerals that inhibit leaching. BIOX® uses naturally occurring bacteria to destroy these sulphide minerals and expose the gold for subsequent cyanidation. Recovery rates for refractory ore typically run at less than 70%. After treatment with BIOX®, however, recovery rates can be as high as 97% – depending on ore characteristics. In addition, the limited environmental impact of BIOX® makes it fully compliant with ever stricter environmental standards around the world.

There are currently 10 BIOX® processing plants in operation in seven countries worldwide, with additional opportunities being explored in the Philippines, Colombia and China – amongst others. Gold Fields portfolio does not currently contain any refractory ore bodies, but opportunities are being explored for the application of BIOX® to recover residual gold in low grade pyrite at its Cerro Corona mine in Peru.

Development of Generation 4 of BIOX® is ongoing and focuses on improving the energy efficiency of the process, enhancing the durability of the tank agitation and bacterial consortium, and achieving a 15% reduction in capital and operating costs. The full roll-out of Generation 4 is scheduled for 2014, whilst many of the planned improvements will be incorporated into Generation 3 of BIOX® within the next two years.

http://goldfields.co.za/com_technology.php