28th May 2014 07:00
Central Rand Gold Limited(Incorporated as a company with limited liability under the laws of Guernsey, Company Number 45108) (Incorporated as an external company with limited liability under the laws of South Africa, Registration number 2007/0192231/10) ISIN: GG00B92NXM24 LSE share code: CRND JSE share code: CRD ("Central Rand Gold" or the "Company")
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Acid Mine Drainage |
The board of directors of Central Rand Gold is pleased to advise shareholders that on 23 May 2014, the Trans Caledon Tunnel Authority ("TCTA") commenced pumping and treatment operations of its High Density Sludge ("HDS") Plant. Initially, the HDS Plant will treat approximately 63 million litres per day, with full capacity of 84 million litres per day, being reached by the end of May 2014. Once at full capacity, the HDS plant will be able to reduce the water levels within the Central Basin. With the current water level at approximately 175 meters below surface level at our mining operations, the dewatering will give mines such as ours significantly improved access to deeper mining levels. We look forward to updating shareholders on the progress being made by TCTA in due course.
Images of the HDS Plant can be viewed on the Company's website: www.centralrandgold.com
For further information, please contact:
Central Rand Gold +27 (0) 11 674 2304
Johan du Toit / Patrick Malaza
Charles Stanley Securities Limited +44 (0) 20 7149 6478
Marc Milmo / Mark Taylor
Merchantec Capital +27 (0) 11 325 6363
Monique Martinez / Marcel Goncalves
Buchanan +44 (0) 20 7466 5000
Bobby Morse / Louise Mason
Jenni Newman Public Relations +27 (0) 11 506 7351
Proprietary Limited
Jenni Newman
Johannesburg
28 May 2014
Sponsor
Merchantec Capital
Related Shares:
Central Rand Gold