About Taung Gold
Taung Gold is a gold developer, founded and incorporated in South Africa in 2004 by mining entrepreneurs Dr David Twist and Rudolph de Bruin. The company's fundamental strategy remains to acquire gold properties that have the potential to be developed into world-class operating mines.
On 1 February 2008, Taung Gold entered into an agreement with ARMGold / Harmony Gold to acquire 100% of Jeanette. Ownership transferred fully in 2013, allowing Taung Gold to proceed confidently with its mine planning and evaluation.
The property was drilled on behalf of Taung Gold, providing a sound knowledge of the mineral resource and geological structure.
The mining right over the project was granted on June 2017 and registered in the name of TGFS in the Minerals and Petroleum Titles Registration office in December 2017. Authorisation to extend the commencement date of mining operation to on or before 30 September 2020, has been given.
Evander consists of two adjacent properties, No. 6 Shaft and Twistdraai, located within the eastern Evander goldfield area.