Gold Miners Seek Solutions Amid Sodium Cyanide Supply Shortage in South Africa
Gold mining companies in South Africa are addressing a sodium cyanide shortage caused by Sasol's force majeure declaration. The industry is exploring solutions, including acquiring Sasol's cyanide production plant and establishing local production capacity. DRDGOLD CEO Niël Pretorius emphasized the need for a long-term remedy, while Harmony and Pan African Resources are also developing strategies to secure cyanide supplies.
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Gold mining companies in South Africa are facing a sodium cyanide shortage after Sasol declared force majeure due to a breakdown at its ammonia plant. This has led to a supply-demand imbalance, as the demand for sodium cyanide exceeds available supply.
DRDGOLD is advocating for the industry to acquire Sasol's cyanide business and establish local production capacity. Harmony is considering building on-site dissolution plants to convert solid cyanide briquettes into liquid.
Other miners, like Pan African Resources, are securing cyanide supplies and ensuring storage at their sites. The industry seeks sustainable solutions amid increasing gold production.
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