{"id":94143,"date":"2025-12-11T16:06:24","date_gmt":"2025-12-11T16:06:24","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs"},"modified":"2025-12-11T16:14:46","modified_gmt":"2025-12-11T16:14:46","slug":"first-gold-mine-in-15-years-to-create-1000-jobs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs","title":{"rendered":"First Gold Mine in 15 Years to Create 1000 Jobs"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>A new gold mine, Qala Shallows, has opened in South Africa, which is the first of its kind to be opened in the last 15 years, and it\u2019s expected to create over 1,000 new jobs in the country.<\/p>\n

Speaking to Kaya Biz, Rudi Deysel, CEO of Qala Shallows, said the opening of South Africa\u2019s first new underground gold mine marked the culmination of nearly a decade of work.<\/p>\n

He explained that his team has actually worked on this project since 2016 and that the team spent years navigating permitting, securing funding, and pushing through delays caused by Covid-19.<\/p>\n

The official opening follows the mine\u2019s first ore extraction in late October, and Deysel said the timing could not be better.<\/p>\n

\u201cWe are actually now at this point when the gold price is running quite well… in the end, the timing was excellent.\u201d<\/p>\n

While gold mining has long been associated with the West Rand, Deysel said the new mine stands out because it taps into an overlooked deposit.<\/p>\n

\u201cThis whole area has a very rich history. They were mining gold here for over 100 years,\u201d he said.<\/p>\n

For decades, it was assumed the gold had been depleted, but Qala Shallows identified what he calls a virgin block of ground from surface going down.<\/p>\n

This gave the company an opportunity to develop an accessible underground operation.<\/p>\n

\u201cWe intend to mine almost from surface to only 850 metres,\u201d he explained, adding that there are ambitions to expand production and \u201cgo deeper and bigger.\u201d<\/p>\n

The company is targeting Kimberley Reef\u2014not traditionally seen as a high-grade ore body. However, Deysel added that today\u2019s economics make it viable.<\/p>\n

\u201cEarlier years really focused on the high-grade ore in the main reefs. What we are targeting is the Kimberley Reef, which is not that high grade.\u201d<\/p>\n

\u201cBut at the gold prices we get, and with the new technology we have, it suddenly makes absolute economic sense.\u201d<\/p>\n

Transforming the area for good <\/b><\/p>\n

Rudi Deysel, CEO of Qala Shallows<\/p>\n

He described the deposit as a \u201clittle jewel that nobody actually looked at,\u201d and sid the project\u2019s financials speak for themselves.<\/p>\n

\u201cWe\u2019ve got an NPV of half a billion US dollars and an internal rate of return of 81%. And this is only at a gold price estimate of $2,850, so we didn\u2019t even look at the higher prices of today.\u201d<\/p>\n

Beyond its economic potential, the mine is also expected to have a significant local impact.<\/p>\n

Deysel said Qala Shallows will create well over 1,000 jobs, while also using technology to improve safety and efficiency.<\/p>\n

Development tunnels are mechanised, while ore extraction combines conventional mining with hydropower-assisted methods.<\/p>\n

\u201cWe won\u2019t go the old-fashioned, conventional way. We will go with hydropower, which is much safer, cleaner, and helps with your whole carbon footprint,\u201d he said.<\/p>\n

\u201cThis approach allows the company to strike a balance between technology and still have a strong workforce.\u201d<\/p>\n

The mine\u2019s location\u2014between Soweto and Roodepoort, near Florida\u2014also places it in an area long affected by illegal mining.<\/p>\n

However, Deysel said conditions on the ground have changed dramatically. \u201cIllegal mining in this specific area doesn\u2019t exist,\u201d he said.<\/p>\n

He attributed this to substantial housing development, community engagement, and a deliberate effort to stabilise the area.<\/p>\n

\u201cThat whole area has been cleaned up and rejuvenated, which illegal miners don\u2019t really like,\u201d he noted.<\/p>\n

\u201cWe work quite closely with all our partners in the area… it\u2019s a very positive story of how this area is improving.\u201d<\/p>\n

With the project finally in production, Deysel noted that the team is already looking ahead. \u201cWe can\u2019t wait to expand our project in the Witwatersrand Basin,\u201d he said.<\/p>\n

After years of preparation, he believes South Africa\u2019s new gold mine is poised to deliver long-term value.<\/p>\n

For More News And Analysis About South-Africa<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. A new gold mine, Qala Shallows, has opened in South Africa, which is the first of its kind to be opened in the last 15 years, and it\u2019s expected to create over 1,000 new jobs in the country. Speaking to Kaya Biz, Rudi Deysel, CEO of Qala Shallows, said the opening of […]<\/p>\n","protected":false},"author":84,"featured_media":94142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[275],"class_list":["post-94143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-africa-2"],"yoast_head":"\nFirst Gold Mine in 15 Years to Create 1000 Jobs - South Africa<\/title>\n<meta name=\"description\" content=\"A new gold mine, Qala Shallows, has opened in South Africa, which is the first of its kind to be opened in the last 15 y ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Gold Mine in 15 Years to Create 1000 Jobs\" \/>\n<meta property=\"og:description\" content=\"A new gold mine, Qala Shallows, has opened in South Africa, which is the first of its kind to be opened in the last 15 y ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-11T16:06:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-11T16:14:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/12\/sm_1765457024.474055.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"First Gold Mine in 15 Years to Create 1000 Jobs\",\"datePublished\":\"2025-12-11T16:06:24+00:00\",\"dateModified\":\"2025-12-11T16:14:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs\"},\"wordCount\":647,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/12\/sm_1765457024.474055.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/first-gold-mine-in-15-years-to-create-1000-jobs\",\"name\":\"First Gold Mine in 15 Years to Create 1000 Jobs - 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