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Welcome to Gold One

Gold One International Limited is a dual listed (ASX/JSE: GDO) mid-tier mining group with gold operations and gold and uranium prospects across Southern Africa.  Gold One remains focused on developing and mining low technical risk, high margin precious metal resources in diversified jurisdictions.  The company’s flagship Modder East gold mine, commissioned in 2009, distinguishes itself from most other gold mines in South Africa owing to its shallow nature (300 to 500 metres below surface) and continues to ramp up production, having produced 123,179 ounces in 2011.

At the beginning of 2012, the group expanded further with the acquisition of Rand Uranium (Pty) Limited consisting of the Cooke Underground Operations and the Randfontein Surface Operations located in the West Rand, 30 kilometres from Johannesburg.  The Cooke underground operations continue to deliver in line with expectations and are currently the subject of a turnaround intervention.  Through Gold One’s purchase of Rand Uranium (Pty) Limited, the group has also acquired one of the world’s most advanced uranium projects, which envisages recovering uranium, gold and sulphur from the Cooke Tailings Dam and underground ores. On 2 March 2012 Gold One also announced that it entered into a binding letter agreement with First Uranium Corporation to acquire 100% of the Ezulwini Mining Company (Pty) Limited, giving the company access to a gold plant with nameplate capacity of up to 200,000tpm and a uranium plant with nameplate capacity of up to 100,000tpm.

The Gold One group is majority-owned by a consortium comprising Baiyin Non-Ferrous Group Co. Limited, the China-Africa Development Fund, and Long March Capital Limited.