Kirkalocka Gold Mine

The Kirkalocka Gold Mine is an active gold mine located 70 km south of Mount Magnet, Western Australia. The mine has been idle since 2008.[1][2]

Kirkalocka
Location
Kirkalocka Gold Mine
Location in Australia
LocationMount Magnet
StateWestern Australia
CountryAustralia
Coordinates28°40′32″S 117°45′43″E
Production
Productionactive
History
Opened2002
Closedn/a
Owner
CompanyAdaman resources
Year of acquisition2018

It was named after the nearby Kirkalocka sheep station.

History

Exploration at Kirkalocka has been carried out by a number of companies, including Sons of Gwalia, before Equigold Limited acquired the area in 2001.[2][3]

Equigold, after constructing a plant, commenced mining in September 2002. Over the next six years, the company extracted 307,621 ounces of gold from the deposit, at a grade of 1.52 g/t. Equigold finished mining in October 2005, and continued milling broken ore stockpiles until 14 August 2008.[4] The mine was placed in care and maintenance in September 2008.[2][5]

Equigold Limited sold the Kirkalocka tenements to Mount Magnet South NL in April 2008.[6] The Kirkalocka plant, with associated infrastructure, was acquired by Mount Magnet South in a separate transaction in March 2009.[7]

In November 2015, Kirkalocka was sold to Minjar Gold Pty Ltd, a subsidiary of Shandong Tyan Home Co Ltd, a company listed on the Shanghai Stock Exchange.[8][9][10][11]

Production

Production of the mine:

Year 2 Production Grade Cash cost per ounce
2002-03[12] 45,375 oz 1.64 g/t A$359
2003-04[13] 67,454 oz 1.74 g/t A$341
2004-05[14] 59,367 oz 1.94 g/t A$399
2005-06[15] 47,638 oz 1.39 g/t A$384
2006-07[15] 37,472 oz 1.07 g/t A$432
2007-08[4][11] 42,589 oz 1.06 g/t A$423
2008-09[11] 7,726 oz 1.26 g/t A$292

References
  1. MINEDEX website - Kirkalocka search result Archived 2008-09-11 at the Wayback Machine accessed: 31 July 2010
  2. Kirkalocka Gold Project Mount Magnet South website, accessed: 31 July 2010
  3. The Australian Mines Handbook: 2003-2004 Edition, page: 99
  4. "Half year ended 31 December 2007" (PDF), ASX Announcements, Equigold NL, 25 February 2008, retrieved 7 March 2017
  5. "Fourth quarter production report to 31 December 2008" (PDF). ASX Announcements. Lihir Gold Limited. 18 January 2009. Retrieved 7 March 2017.
  6. Kirkalocka site overview Lihir Gold website, accessed: 31 July 2010
  7. Kirkalocka Plant Acquisition Mount Magnet South ASX announcement, published: 16 March 2009, accessed: 31 July 2010
  8. "Sale of Kirkalocka Gold Project - Completion" (PDF). ASX Announcements. Mount Magnet South Limited. 17 November 2015. Retrieved 7 March 2017.
  9. "Kirkalocka". Minjar Gold. Retrieved 7 March 2017.
  10. "Parent company". Minjar Gold. Retrieved 7 March 2017.
  11. "Third Quarter Production Report to 30 September 2008" (PDF). ASXAnnouncements. Lihir Gold Limited. 28 October 2008. Retrieved 7 March 2017.
  12. "Annual Report 2003" (PDF). ASX announcements. Equigold NL. 22 October 2003. Retrieved 7 March 2017.
  13. "Annual Report 2004" (PDF). ASX Announcements. Equigold Limited. 13 October 2004. Retrieved 7 March 2017.
  14. "Annual Report 2005" (PDF). ASX Announcements. Equigold Limited. 20 October 2005. Retrieved 7 March 2017.
  15. Preliminary Final Report Equigold ASX announcement, published: 3 August 2007, accessed: 31 July 2010
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.