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Gum Creek Data

Gum Creek Information

  • General 2015-05-10
    The Gidgee Project was mined almost continuously from 1987 to 2005 and produced over one million ounces of gold. Approximately twenty open pits were mined on near surface gold mineralisation, and underground mining was undertaken beneath the Swan Bitter and Kingfisher pits. In 2005, the project was placed on care and maintenance due to the low gold price. Panoramic Resources acquired 100% of the Gidgee Gold Project in February 2011.

Related News

  • ASX: Mineral Resources and Ore Reserves at 30 June 2016 2016-09-29
  • Panoramic suffers severe loss amid plummeting nickel price 2016-08-30
    Nickel-focused Panoramic Resources’ 2016 financial year results have been severely impacted by the falling nickel price, which reached a decade low in February, pushing the company into an after-tax loss of A$144.4-million, against a loss of A$28.8-million reported in the previous year. Further, the nickel division reported an underlying loss before interest, tax, depreciation and amortisation of 10.8-million, while a reduction in net revenue to $92.1-million reflected the fall in the realised nickel price, as well as earlier-than-planned curtailment of production at the company’s Lanfranchi operation
  • Panoramic hikes Savannah North resource 2016-08-24
    ASX-listed base metals company Panoramic Resources has upgraded the Savannah North resource to 175 100 t of nickel, 74 400 t of copper and 15 300 t of cobalt, representing a 60% increase in the contained nickel on the maiden resource estimate. The combined resource at the Savannah project, in Western Australia, is now 226 400 t of nickel, 104 700 t of copper and 15 300 t of cobalt. Panoramic reported on Wednesday that the combined resources at Savannah confirmed that the project hosted a “major” mineralised system.
  • ASX: Major Resource Upgrade for Savannah North 2016-08-23
  • Panoramic sends off final Savannah shipment to China 2016-07-12
    ASX-listed Panoramic Resources sent off its final nickel concentrate shipment of 11 095 wet metric tonnes (wmt) to China last week. The company reported on Tuesday that the Savannah mine, in Western Australia, had produced 1 958 t of nickel in concentrate in April and May, before the project was placed on care and maintenance in May.

Gum Creek News

  • ASX: Mineral Resources and Ore Reserves at 30 June 2016 2016-09-29
  • Panoramic considering IPO for Gum Creek 2016-05-30
    Western Australian mining company Panoramic Resources said on Monday that it had decided to run a dual initial public offering (IPO) and sales process for its Gum Creek gold project, near Wiluna, to unlock the project’s full value in the currently-buoyant gold sector. A March scoping study estimated that Gum Creek, previously known as the Gidgee project, could deliver 290 000 oz/y over nearly six years for a price tag of A$62-million.
  • Panoramic weighing options at Gum Creek 2016-03-18
    ASX-listed Panoramic Resources reported on Friday that it was weighing its options at the Gum Creek gold project, in Western Australia, after a review of its scoping study proved positive. Panoramic in February this year announced that it would undertake a review of the Gum Creek project, previously known as the Gidgee project, on the back of a higher gold price.
  • ASX: Gum Creek Gold Project Free Milling Scoping Study 2016-03-17

Nearby Locations

Nearby Location News

  • Cameco’s Yeelirrie project faces environmental hurdle 2016-08-04
    The Western Australia (WA) Environmental Protection Agency (EPA) has determined that Cameco’s Yeelirrie uranium project does not meet one of nine key environmental factors examined. Cameco is proposing to mine up to 7 500 t/y of uranium oxide concentrate from the Yeelirrie deposit, which is located about 420 km north of Kalgoorlie-Boulder and 70 km south west of Wiluna.
  • Wiluna West approved by WA govt 2016-03-15
    Mineral explorer GWR Group on Tuesday told shareholders that the Western Australian Department of Mines and Petroleum had approved the mining proposal for its Wiluna West iron-ore project. The mining proposal approval was for a large-scale iron-ore operation of up to seven-million tonnes a year over an initial ten-year mine life, and was subject to the development of a viable transport and infrastructure solution.
  • Cameco waits for higher uranium prices to start production at Aus projects 2015-10-28
    Canadian company Cameco will not bring its Australian uranium projects into production until prices improve. Speaking at a Committee for Economic Development of Australia briefing on Wednesday, Cameco Australia MD Brian Reilly noted that, while significant work had been done at both the Kintyre and Yeelirrie projects, Cameco was awaiting an upturn in uranium prices to bring the projects into production.
  • Barrambie PFS delivers positive results 2015-08-25
    A prefeasibility study (PFS) into the Barrambie titanium project, in Western Australia, has highlighted the potential for the project to be a low-cost producer of titanium dioxide, vanadium pentoxide and iron-oxide. Owner Neometals on Tuesday reported that the project would produce an average of 98 000 t/y of titanium dioxide, 2 000 t/y of vanadium pentoxide and 234 000 t/y of iron-oxide over a mine life of nearly 20 years.
  • ASX: High Grade Diamond Drilling Results at Gabanintha 2015-07-12

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