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Kalgoorlie Super Pit Data

Kalgoorlie Super Pit Information

  • General 2015-05-10
    Based in Kalgoorlie, Western Australia, The Super Pit produces up to 850,000 ounces of gold every year and its operation far outweighs any other mining centre in Australia. The Super Pit is the biggest gold open pit mine in the country. The Super Pit is managed by Kalgoorlie Consolidated Gold Mines (KCGM) and owned (50/50) by Newmont Australia Pty Ltd and Barrick Australia Pacific. Kalgoorlie-Boulder's famous landmark has a projected mine life to 2021 and will eventually stretch 3.8km long by 1.5km wide and 600m deep.

Nearby Locations

Nearby Location News

  • MacPhersons Resources Ltd kick-starts trial mining at Boorara Gold Project 2016-09-07

    MacPhersons Resources Ltd (ASX:MRP) has commenced trial open pit operations at the Boorara Gold Project in the Eastern Goldfields of Western Australia, as part of a feasibility study.

    The aim of the Boorara trial mining operation is to enable accurate resource, mining and milling reconciliations to be undertaken on the deposit.

    The Boorara open pit contains total resources of 3 -3.5 million tonnes grading 1.01 g/t gold, estimated to produce 86,000-91,000 ounces of gold over three years from a standalone heap leach.

    MacPhersons is currently planning to mine 30,000 tonnes by developing a trial pit to a depth of 20 metres and about 100 metres long at the Southern Stockwork deposit.

    The pit is expected to be completed by the end of September.

    The ore will be hauled 60 kilometres to the FMR Pty Ltd mill at Coolgardie. The processing of the ore will take about 10-12 days.

    MacPhersons is anticipating to produce 1700-1800 ounces of gold from the initial shipment of ore.


    Sale of Coolgardie gold assets for $10 million

    MacPhersons was in the news last week, when it announced an agreement for the sale of its Coolgardie gold assets to Primary Gold Ltd (ASX:PGO) for $10 million.

    The transaction will include $5 million in cash, to be paid over a 12-month period and $5 million comprised of 40 million Primary shares at an issue price of $0.125 per share.

    The sale is part of MacPhersons’ plan to focus on its core assets at the Boorara gold and Nimbus silver projects.

    The new funds will come in handy as the company is commencing a reverse circulation drill program shortly to test for mineralised extensions below Boorara.

     

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  • MacPhersons starts trial mining at Boorara 2016-09-07
    Trial mining at the Boorara gold mine, in Western Australia, has started, with owner MacPhersons Resources announcing plans to develop a 20 m openpit Some 30 000 t of ore would be hauled to a nearby mill, and processing was expected to take between 10 and 12 days.
  • ASX: Resource & Reserve Update as at 30 June 2016 2016-07-27
  • Empire plans to process Penny’s Find gold at third-party Kalgoorlie mill 2016-06-07
    Gold junior Empire Resources has signed a memorandum of understanding (MoU) with Golden Mile Milling for the toll treatment of ore from its Penny’s Find gold deposit, in Western Australia. The ore would be processed at Golden Mile’s Lakewood mill, located on the southern outskirts of Kalgoorlie Boulder and about 63 km by road from Penny’s Find, Empire reported on Tuesday.
  • Beacon signs toll agreement for Helleys East ore 2016-02-04
    ASX-listed Beacon Minerals has signed a letter of intent (LoI) with gold miner Northern Star Resources to process high-grade refractory ore at the Kanowna Belle processing facility, in Western Australia. Under the LoI, Northern Star would process some 11 500 t of refractory gold ore at its Kanowna Belle facility, with crushing and sampling of the ore starting in early February.

Kalgoorlie Super Pit News

  • Barrick’s $1bn Super Pit stake said to draw Kinross, Zijin 2016-10-07
    Barrick Gold’s stake in the Kalgoorlie Super Pit mine has drawn interest from Kinross Gold and Zijin Mining Group in a sale that could fetch as much as $1-billion, people with knowledge of the matter said. Australian producers Newcrest Mining, Northern Star Resources and Evolution Mining are also reviewing data on the mine ahead of possible indicative bids, which are due by the end of October, according to the people.
  • Barrick presses on with asset sales in the face of gold’s rally 2016-07-28
    Barrick Gold plans to forge ahead with efforts to divest peripheral assets – starting with its stake in the Kalgoorlie Super Pit in Australia – even as surging gold prices spur the highest profit in three years. In its second-quarter earnings statement Wednesday, the world’s largest gold producer said it made $968-million in debt repayments this year, almost half its target, and will continue pursuing non-core asset sales. Earnings excluding one-time items matched analysts’ estimates, while net income was the highest since the first quarter of 2013.

Related News

  • Skeena Intersects 24 g/t Gold Over 3.2 Metres at Snip 2016-11-01

    VANCOUVER, BC--(Marketwired - November 01, 2016) - Skeena Resources Limited (TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce the final assay results from the recently completed drill program at the past-producing Snip high-grade gold project ("Snip") located in the Golden Triangle of northwest British Columbia. Highlights include 24.44 g/t Au over 3.2 metres, including 38.3 g/t Au over 1.9 metres in hole S-16-16 which, along with hole S-16-17, were targeted to further extend the newly discovered Twin West Structural Corridor.

  • Barrick’s $1bn Super Pit stake said to draw Kinross, Zijin 2016-10-07
    Barrick Gold’s stake in the Kalgoorlie Super Pit mine has drawn interest from Kinross Gold and Zijin Mining Group in a sale that could fetch as much as $1-billion, people with knowledge of the matter said. Australian producers Newcrest Mining, Northern Star Resources and Evolution Mining are also reviewing data on the mine ahead of possible indicative bids, which are due by the end of October, according to the people.
  • Revelo Announces Start of Drilling at the Montezuma Copper-Gold Project in Northern Chile 2016-10-04

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 4, 2016) - Revelo Resources Corp. ("Revelo" or the "Company") (TSX VENTURE:RVL) is pleased to announce that its joint venture partner, Minera Newmont Chile Ltda. ("Newmont"), a subsidiary of Newmont Mining Corporation (NYSE:NEM), has initiated a drilling campaign at the Montezuma copper-gold project in northern Chile (the "Project"). Newmont plans to drill test between four to five targets over the remainder of 2016 with approximately 10,000 metres of combined diamond core and reverse circulation drilling.

  • Barrick Announces Resumption of Operations at Veladero Mine 2016-10-04

    TORONTO, ONTARIO--(Marketwired - Oct. 4, 2016) -

    All amounts expressed in US dollars

  • Argentina approves restart of Barrick’s Veladero mine 2016-10-04
    The world’s largest gold miner by output Barrick Gold has been given permission to restart operations at its Veladero mine – one of its cornerstone mines – in San Juan, Argentina. Operations at the mine were suspended on September 15, a week after falling ice damaged a pipe carrying cyanide-saturated process solution in the leach pad area of the high-latitude mine, causing some material to leave the leach pad.

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