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GOLCONDA — Barrick Gold Corp. embarked on a more than $300 million shaft construction project at the Turquoise Ridge Mine to increase efficiency and production.
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The sinking of Shaft 1 at the Platreef platinum-palladium-gold-nickel-copper project in Limpopo, South Africa, has reached a depth of more than 283 m below surface, 697 m away from its target depth.
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Shaft mining is the earnest form of underground mining. Underground mining is selected when the rock or mineral is so far to reach using surface mining.
Shaft mining or shaft sinking is excavating a vertical or near-vertical tunnel from the top down, where there is initially no access to the bottom..
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The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput by 25%.
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Gold Shaft Mining is a technology in Age of Empires II that can be researched at the Mining Camp once the Castle Age is reached. Once researched, it allows Villagers to gather gold 15% faster.
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