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MEI Online: Commodities: Metallic Ores: Gold: Latest News: April 8th 2003

 
    
:: South Africa, Free State Win Jobs, Technology Advantages in New Harmony, Mintek & BAE SYSTEMS Gold Partnership  

The Free State and South Africa are benefiting from a new downstream gold beneficiation partnership centred on Harmony's Virginia refinery using new advanced technologies developed by mineral and metallurgy specialist Mintek and financed by BAE SYSTEMS.

Known as Musuku Beneficiation Systems, the new partnership integrates Southern Africa's ancient gold beneficiation and manufacturing traditions with advanced technological approaches to produce gold of the highest purity. Musuku can produce value-added gold of the highest purity, known internationally as four nines and five nines (99,99% and 99,999% pure) gold. Produced in various forms at Harmony's Virginia refinery, this pure form of the metal is used in jewellery manufacture and high-tech industrial applications.

Gold has long been revered as a material of great beauty, as witnessed by the manufacture hundreds of years ago of the gold rhinoceros and staff at Mapungubwe, in today's Limpopo province. Musuku is the Venda word for gold, and the new joint venture's name creates a deliberate link to the gold beneficiation tradition of Limpopo Province and Southern Africa.

Harmony and Mintek have been working closely with BAE SYSTEMS for more than three years to develop and implement a gold beneficiation strategy and to establish profitable downstream industries able to add value to the raw gold in South Africa while creating jobs and skills in the country. The strategy is part of positioning Harmony as an innovative gold producer in the global precious metals industry and fulfilling its obligations in terms of the Mining Charter.

 

   

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