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Ch. 8: Golden Semicircle

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THE GOLDEN SEMICIRCLE                                      583
all of you have no doubt heard it said frequently that it is fortunate that this field has been discovered, because it wouJd replace the older mines of the Rand. To my mind, this is not a true reflection of the picture. In the immedi­ate future the Rand need not look to the Free State to replace the mines that may have to close down. The Rand is replacing itself. If we start in the east, we find that Daggafontein is opening up its Kimberley Reef deposit and is about to erect a plant to treat 750,000 tons per annum. Groot-vlei is increasing its operations.
If we go to the West Rand, we see the developments of Blyvooruitzicht, West Dricfontein, Doornfontein and Libanon. Other expansion programmes are under consideration or are being undertaken on other parts of the Rand. This shows that the Rand is dealing with the replacement of its so-called 'dying mines'.
He did not refer, on this occasion, to the developments which were simultaneously taking place in the Klerksdorp area, although by that time an extension of Anglo American Corporation interests had taken place. On 29 May 1944 a new company—Vaal Reefs Exploration and Mining Company Limited—had been incorporated, to take over from Western Reefs Exploration (the original pioneering interest of Anglo American Corporation in the Klerksdorp area) mineral rights over certain farms; while at the same time the Union Government granted a prospecting lease over Crown lands on the farm Zandpan in an extent of 845 morgen. Moreover, in the area south of the area occupied by the West Driefontein, Blyvooruitzicht and Doornfontein mines, Anglo American Corporation had already announced the initiation of a further enterprise: Western Ultra Deep Levels Limited.103
Though the establishment of Western Ultra Deep Levels belongs to
103 'The decision to form this company', Ernest Oppenheimcr pointed out to the share­holders of Anglo American Corporation in April 1944, 'marks a new departure in the industry. It is anticipated that the depth of the reef will be approximately 10,000 to 12,000 feet, and naturally the expenditure required to establish a mine at these depths will be considerably greater than that required for an ordinary Witwatersrand property. Such an enterprise could therefore be a success only if the reef in the area selected proved to be of comparatively high grade and if the area was a large one so that operations could be on such a scale that overhead charges were kept to a minimum . . . even if our expectations [of profitability] in these matters are realized, we shall still be dependent for success on the good will and assistance of the Government. Fortunately, the Government is very interested in this question of ultra-deep mining, and has recently appointed a committee to examine the problems that it involves. There are two ways in which a government can, and I have no doubt will, help in the establishment of ultra-deep mines. The first is by giving special consideration to the problems of such enterprises, when the time comes after the war to put gold-mining taxation on a permanent basis; the second is by keeping the difficulties and possibilities of ultra-deep mining prominently in mind when giving out new mining lease areas. With the sympathy of the Government in these matters, we shall, I believe, succeed in establishing a profitable enterprise of importance to the whole country.'
Ch. 8: Golden Semicircle Page of 688 Ch. 8: Golden Semicircle
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