Corporate Profile

Gold One International Limited is an Australian and African gold producer listed on the financial markets operated by ASX Limited (the Australian Securities Exchange) and JSE Limited (the Johannesburg Stock Exchange) (issuer code GDO). The company was created via inward listing of Gold One - formerly BMA Gold  - on the JSE and the subsequent acquisition by Gold One of all the issued ordinary shares in Aflease by way of a scheme of arrangement on 18 May 2009.

The company's vision is to be the preferred gold exploration, development and mining company, aiming to provide superior returns to investors in global markets, supportive of junior gold mining companies.  The company believes that value-accretive geographical diversification is also key to managing risk and in line with this strategy will continue to review opportunities in tis targeted destinations of Australia, North America and Southern Africa.


This will be achieved by:

Exploring, developing and mining low technical risk, high margin resources, in mining friendly jurisdictions

Pursuing an internal and external growth profile

Being driven by an entrepreneurial and ambitious spirit

Gold One declared Commercial and Continuous production at its Modder East mine on the East Rand, some 30 kilometres from Johannesburg on 1 December 2009, and also owns the nearby existing Sub Nigel mine, which has recently been recommissioned. Its other projects and targets include Ventersburg, a large project with indicated resources of 1.43million ounces, and Bothaville, both in the Free State Goldfields, the Tulo concession in Mozambique and the Etendeka greenfields project in Namibia. It has an indicated and inferred resource base of some 13,66 million ounces of gold.

The company believes that value accretive geographical diversification is also key to managing risk and in line with this strategy will continue to review opportunities in its targeted destinations of Australia, North America and Southern Africa.

Date

Event

April 1957

The Afrikander Leases Ltd lists on the JSE

1984

Sub Nigel Gold Mining Company Ltd incorporated as a company

1986

Sub Nigel Gold Mining Company lists on the JSE

July 1998

The Afrikander Leases Ltd acquires the Klerksdorp assets from Anglo American Corporation

February 2003

The Afrikander Leases Ltd acquires 100% of New Kleinfontein Mining Company

February 2005

The Afrikander Leases Ltd changes its name to Aflease Gold & Uranium Resources Ltd

January 2006

Certain assets of Aflease Gold & Uranium Resources Limited and assets of Sub Nigel Gold Mining are merged to form Aflease Gold Limited

May 2006

First sod is turned and construction begins at Modder East Gold Mine

May 2009

Acquisition of Aflease Gold by BMA Gold Limited and the renaming of BMA to Gold One

July 2009

First gold from underground is poured at Modder East, the first new mine on the East Rand goldfields in 28 years

December 2009

Declaration of Commercial and Continuous production

May 2010

First ton of gold is poured at Modder East