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Great Basin Gold Ltd.: Exhibit 99.5 - Filed by ...

The Company currently has two material projects, namely (a) the Hollister gold project, acquired in 1997, and which is located on the Carlin Trend goldfield in Nevada, USA (the “Hollister Property”) and the other one (b) the Burnstone gold mine, acquired in 2002, and which is located in the Witwatersrand Basin goldfields in South Africa ...

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Great Basin Gold Ltd. (fka GBGLF): « ...BURNSTONE

BURNSTONE Burnstone is located in the South Rand Goldfield of the Witwatersrand Basin near the town of Balfour, approximately 75km east of Johannesburg in the Mpumalanga province of South Africa.

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GBG - GBG - Great Basin Gold - Burnstone Gold Project ...

GBG - Great Basin Gold - Burnstone Gold Project: Execution Of Mining Right And Environmental Management Program GREAT BASIN GOLD LIMITED (INCORPORATED IN CANADA AND REGISTERED AS AN EXTERNAL COMPANY IN SOUTH AFRICA) (REGISTRATION NO. 2006/021304/10) SHARE CODE: GBG ISIN NUMBER: CA3901241057 ("Great ...

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Great Basin Gold Burnstone Mine Dust Abatement

At Great Basin Gold Burnstone Mine located near Balfour in South Africa the main traffic areas within the mine had become overcome by fugitive and windborne dust making dust suppression a requirement. Soil & Dust Solutions, Soil Solutions South African Agent was called in to solve the problem using their dust control agent specifically designed for harsh underground mining environment.

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Great Basin Gold Ltd S HOLLISTER AND BURNSTONE MINERAL ...

Maximum term of 4 years from date of drawdown, with interest and capital repayment commencing 3 months after draw down. Interest at a margin of 3.75% over the USD LIBOR rate (currently 0.3%). Great Basin Gold will have the option to retire the loan 12 months after draw down at no additional cost ...

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Great Basin Gold Burnstone Mine Dust Abatement

At Great Basin Gold Burnstone Mine located near Balfour in South Africa the main traffic areas within the mine had become overcome by fugitive and windborne dust making dust suppression a requirement. Soil & Dust Solutions, Soil Solutions South African Agent was called in to solve the problem using their dust control agent specifically designed for harsh underground mining environment.

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GREAT BASIN GOLD UPDATES HOLLISTER AND BURNSTONE MINERAL ...

great basin gold updates hollister and burnstone mineral reserves and life of mine estimates and announces new term loan financing News provided by Great Basin Gold Ltd.

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burnstone mine in south africa - ellul.nl

Great Basin Gold Limited is an international mining company with two emerging mines in the world's richest gold regions: the Hollister Mine on the Carlin Trend in Nevada and the Burnstone Mine in the Witwatersrand Basin, South Africa.

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Burnstone history - Sibanye-Stillwater

Great Basin Gold acquired of Southgold and drilled a further 374 boreholes until 2012 within or in close proximity of the Burnstone MR. 2006 Positive final FS declared a large Measured and Indicated Gold Resource (85.2 Mt @ 5.52 g/t for 15.3 Moz).

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Great Basin Gold Completes the Appointment of Senior ...

Ferdi Dippenaar, CEO and President, commented, "Great Basin Gold recognizes the value and experience these individuals will bring to the respective Hollister and Burnstone teams, which will ...

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Southgold business rescue completed | IOL Business Report

Burnstone is 100 percent owned by Southgold, which was previously held by JSE- and Toronto-listed Great Basin Gold. Great Basin Gold filed for business rescue at Southgold in September 2012.

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Great Basin Gold Ltd.: Private Company Information - Bloomberg

 · Great Basin Gold Ltd., a mineral exploration and development company, engages in the acquisition, exploration, and development of precious metal deposits. The …

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Did mechanised mining kill Great Basin Gold’s Burnstone?

Great Basin Gold is ‘going through the motions’ necessary for a company who cannot sustain its current business model and is progressing towards insolvency. A lot of questions revolve around the brand new Burnstone gold mine and process plant, and why Great Basin Gold could not mine it ...

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Great Basin Gold Ltd.: Private Company Information - Bloomberg

 · Great Basin Gold Ltd., a mineral exploration and development company, engages in the acquisition, exploration, and development of precious metal deposits. The …

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Burnstone - Mining Atlas

The mine was intended to start production in 2011 and produce up to 250,000 ounces of gold per year. But geological problems have resulted in very low production. Great Basin Gold as a result is selling the mine, most likely to Wits Gold who plans to invest another $100m to produce 130,000 ounces per year.

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Great Basin's Burnstone starts road to recovery - Miningmx

Tranter Gold. The R80m was capital that Gold Fields had received from Great Basin for cancellation of a 2% royalty agreement in 2007 over a portion of Great Basin’s Balfour-based Burnstone mine. Speaking in the previous quarter’s results, Ferdi Dippenaar, CEO of Great Basin Gold,

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GREAT BASIN PROVIDES A MINERAL RESOURCE UPDATE …

The Burnstone goldfield is defined by an 18 kilometer long, northwesterly trending mineralized corridor hosting the Kimberley Reef, one of four main gold-bearing units in the Witwatersrand Basin. At Burnstone, the central portion of the gold corridor has been uplifted by two northwesterly trending sub-parallel faults and, as a result, a significant

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INTRODUCTION OF BROAD-BASED BLACK ECONOMIC …

average price of R13.04 per Great Basin Gold share, a total of 19 938 650 new Great Basin Gold shares will be issued to Tranter. The purchase consideration will be utilised for the development of the Burnstone project in South

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Great Basin Gold Ltd.: Private Company Information - Bloomberg

 · Great Basin Gold Ltd., a mineral exploration and development company, engages in the acquisition, exploration, and development of precious metal deposits. The …

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Great Basin's Burnstone starts road to recovery - Miningmx

Tranter Gold. The R80m was capital that Gold Fields had received from Great Basin for cancellation of a 2% royalty agreement in 2007 over a portion of Great Basin’s Balfour-based Burnstone mine. Speaking in the previous quarter’s results, Ferdi Dippenaar, CEO of Great Basin Gold,

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Great Basin Gold to shut Burnstone, seeks $40m - Miningmx

[miningmx.com] – GREAT Basin Gold said it would shut its Burnstone mine and seek up to $40m to finance its closure as the Toronto- and Johannesburg-listed firm was unable to indefinitely cover its $10m per month working capital costs.

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Topic - Great Basin Gold - Mining Weekly

 · By: Henry Lazenby 12th September 2012 Canadian gold miner Great Basin Gold on Tuesday confirmed speculation that it had suspended operations at its Burnstone …

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Great Basin Provides a Mineral Resource Update for its ...

Great Basin Gold Ltd, ( Great Basin or the Company ), (TSX: GBG) (NYSE Amex: GBG) (JSE: GBG) announces an updated mineral resource estimate for its Burnstone Gold Mine in the Mpumalanga Province, South Africa.

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Great Basin Gold gives operational updates on Hollister ...

Great Basin Gold (CVE:GBG) Wednesday provided an update on progress at its operations as well as exploration and drilling results for its Hollister project and Burnstone Mine. The company said that operations and exploration results at Hollister - on the Carlin Trend in Nevada - "continue to deliver ...

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burnstone gold mine in south africa - durbanlizards.co.za

Great Basin's Burnstone mine up and running Miningmx. ... [miningmx ] GREAT BASIN GOLD LIMITEDGreat Basin Gold said ... operation in Nevada, USA and its Burnstone …

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Stock Pick of the Week # 71, Great Basin Gold.

gold regions. The Hollister gold mine is located on the Carlin Trend in Nevada, USA and the Burnstone gold mine, is located in the Witwatersrand Basin goldfield of South Africa. Great Basin Gold is planning to evolve into a leading mid-tier gold producer through a well-defined strategy of: • Developing gold projects and assets

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FIRST REPORT OF THE RECEIVER - FTI Consulting

a) Gold Receipts from the Burnstone mine totaled $936,519. $716,695 of these . Great Basin Gold Limited Receipts & Disbursements for the period of J to (USD 000's) Burnstone Cash Inflow Note Gold Receipts $ 937 a Revenue to …

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Great Basin Gold's Burnstone SAG Mill start up - YouTube

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Great Basin Gold Ltd. (fka GBGLF) Message Board - InvestorsHub

Great Basin Gold Limited is an international mining company with two emerging mines in the world's richest gold regions: the Hollister Mine on the Carlin Trend in Nevada and the Burnstone Mine in the Witwatersrand Basin, South Africa.

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Great Basin Gold Ltd.: Exhibit 99.5 - Filed by ...

The Company currently has two material projects, namely (a) the Hollister gold project, acquired in 1997, and which is located on the Carlin Trend goldfield in Nevada, USA (the “Hollister Property”) and the other one (b) the Burnstone gold mine, acquired in 2002, and which is located in the Witwatersrand Basin goldfields in South Africa ...

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Great Basin Gold: 'no truth' in report that Burnstone bid ...

Mining company Great Basin Gold, which owns South Africa’s Burnstone Gold Mine, has emphatically denied statements by Zimbabwe’s deputy minister of mines, Gift Chimanikire, who last week told Metal Bulletin that Burnstone had won a bid to take up equity and …

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GREAT BASIN GOLD UPDATES EXPLORATION AND DRILLING RESULTS ...

VANCOUVER, April 11 /PRNewswire/ - Great Basin Gold Ltd. (Great Basin Gold or the Company), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) updates exploration, stope …

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ALS Group: Project History - Layerworks | Platforms | Roads

LAYER WORKS & PLATFORMS. GREAT BASIN GOLD, BURNSTONE MINE INITIAL INFRASTRUCTURE DEVELOPMENT, BALFOUR. Contract nr.: BST1002 Year: May 2009 - August 2010 ... Client: Great Basin Gold: Burnstone Mine Consulting Engineer: TWP Consulting . RUNWAY EXTENSION, POTCHEFSTROOM DOWNLOAD COMPANY PROFILE ...

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Great Basin Gold makes progress in Burnstone project ...

Great Basin Gold needs to put up approximately 55 percent of the total Burnstone project cost. The estimated required equity contribution by the company amounts to Rand1.075 billion of which Rand560 million has been spent to Ma.

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Work at Burnstone mine halted | IOL Business Report

Balfour, Mpumalanga - Operations have been suspended at Great Basin Gold's Burnstone mine near Balfour, Mpumalanga, the company said in a statement on Wednesday.

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Great Basin Gold 2% Higher on Burnstone, Nevada ...

Great Basin Gold (GBG.TO) was up nearly 2% in early TSX trade, following through on its gains in U.S. pre-treade this morning after reporting third-quarter operational improvements, particularly ...

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Great Basin Gold: A Chance For Stock Price Appreciation ...

While Great Basin has suffered from several problems raising production at its flagship Burnstone mine in South Africa, the company reported on its Q1 conference call that the infrastructure ...

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Great Basin Gold's Burnstone SAG Mill start up - YouTube

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GREAT BASIN GOLD UPDATES HOLLISTER AND …

Area 2 of the Burnstone property can be increased and be extracted through separate infrastructure. Since the January 2009 reserve update, Great Basin Gold has completed over 6,000 meters (19,685feet) of on-reef development and over 3,851meters2 (41,452 feet2) of long hole stoping (“LHS”). The January 2011 Mineral reserve

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Great Basin Gold to reveal Burnstone bidders by end of May ...

Burnstone was mothballed after being declared unprofitable as a result of, according to reports, Great Basin Gold preferring to use mechanised mining, which demands a high level of technical skills. Wits Gold, the Johannesburg-and Toronto-listed gold company, has been earmarked to be among the top bidders for Burnstone.

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