Heclas, South Africa’s second largest gold mining operation, is making a statement by offering a brand new $100 million mining rig in the form of a highly automated machine.
The Heclase Mining Group, a South African mining company, has announced that it has teamed up with a US mining company to design and build a mining rig capable of mining the world’s most popular commodities.
The rig will be equipped with a sophisticated mining robot that is able to mine gold and silver at a rate of up to 10,000 ounces per hour.
The rig will also be equipped to process and transport precious metals in bulk.
It is the largest single investment in mining in South Africa in recent years and the company expects to generate revenue of over $100m in the coming years.
Heclase is an Australian-based mining company founded in 2007 by mining billionaire Michael Heclases family.
The company was founded by mining magnate Peter Hill to mine copper and nickel and has been growing rapidly over the past few years.
Gold and silver are the most valuable metals in the world and it is estimated that more than 95 percent of the world gold is mined in the Heclased, South African state of the capital, Pretoria.
According to the South African Mining Association, Heclasse’s mining operation is the third largest in the country behind South Africa and Zimbabwe.
The company’s mining operations are located in two areas in the state of South Africa, the gold mining region and the copper mining region.
Gold mining in the gold producing areas is mainly concentrated in the coastal area of the Gold Coast.
The gold mining is currently producing around 400 tonnes of gold per day, but it is expected to reach around 1,000 tonnes by 2021.
In 2015, the South Africa Mining Industry Development Board estimated that gold and copper mining accounted for around 85 percent of South African GDP.
South Africa has more than 1,400 gold and other minerals deposits and it has been the leading producer of platinum, silver and zinc.
Gold has been mined in South African territory for over 250 years and has since been recognised as a precious metal in the international community.
The mining industry employs nearly 40,000 people across the country.