Daisy Milano Gold Mine
Encyclopedia
The Daisy Milano Gold Mine is a gold mine
located 50 km south east of Kalgoorlie
at Mount Monger Station, Western Australia
.
It is currently owned by Silver Lake Resources. Silver Lake reopened the mine in December 2007. Daisy Milano's ore is processed in the Silver Lake-owned Lakewood gold processing facility, which is located 5 km south east of Kalgoorlie and capable of processing 300,000 tonnes per annum. Silver Lake purchased the facility in November 2007 for A$2.4 million.
The current Daisy Milano mine has been in operation since 1990. Originally it was an underground operation, with a shaft haulage system
, but, under the ownership of Ridgeview Nominees Pty Limited, a decline was established in 2001. In May 2002, an underground miner was killed at the facility, having been found unconscious on an underground access road, next to an open electrical switch box.
The mine was placed in care and maintenance in March 2007 by then-owner Perilya Limited, with the intention of selling it. Perilya themselvs had purchased the operations in January 2005 for A$3.2 million, but suffered from a lack of own production facilities, having to cart its ore long distances to other company’s plants, such as Harmony’s Jubilee
or Coolgardie
, 100 km away from the mine.
Silver Lake, formed in 2004 and listed at the Australian Securities Exchange
in 2007, acquired Daisy Milano in November 2007 for A$14.5 million from Perilya.
Mining at Daisy Milano resumed in December 2007 and the first gold pour was carried out in April 2008. In the June quarter of 2009, Silver Lake also carried out open pit
mining 1 km north of the underground operation, at Christmas Flat.
Gold mining
Gold mining is the removal of gold from the ground. There are several techniques and processes by which gold may be extracted from the earth.-History:...
located 50 km south east of Kalgoorlie
Kalgoorlie, Western Australia
Kalgoorlie, known as Kalgoorlie-Boulder, is a town in the Goldfields-Esperance region of Western Australia, and is located east-northeast of state capital Perth at the end of the Great Eastern Highway...
at Mount Monger Station, Western Australia
Western Australia
Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...
.
It is currently owned by Silver Lake Resources. Silver Lake reopened the mine in December 2007. Daisy Milano's ore is processed in the Silver Lake-owned Lakewood gold processing facility, which is located 5 km south east of Kalgoorlie and capable of processing 300,000 tonnes per annum. Silver Lake purchased the facility in November 2007 for A$2.4 million.
History
While in relatively close proximity to Kalgoorlie, the Mount Monger goldfield had seen no systematic exploration approach in the past. Mining had been carried out in the area from the early 1900s, mostly by small mining company's, gold having been found there in 1896. Approximately 400,000 ounces have been mined in the Mount Monger area, with old workings in the area reaching a depth of 80 metres.The current Daisy Milano mine has been in operation since 1990. Originally it was an underground operation, with a shaft haulage system
Hoist (mining)
In underground mining a hoist or winder is used to raise and lower conveyances within the mine shaft. Modern hoists are normally powered using electric motors, historically with direct current drives utilizing solid-state converters , however modern large hoists utilize alternating current drives...
, but, under the ownership of Ridgeview Nominees Pty Limited, a decline was established in 2001. In May 2002, an underground miner was killed at the facility, having been found unconscious on an underground access road, next to an open electrical switch box.
The mine was placed in care and maintenance in March 2007 by then-owner Perilya Limited, with the intention of selling it. Perilya themselvs had purchased the operations in January 2005 for A$3.2 million, but suffered from a lack of own production facilities, having to cart its ore long distances to other company’s plants, such as Harmony’s Jubilee
South Kalgoorlie Gold Mine
The South Kalgoorlie Gold Mine is a gold mine located south-west of Kalgoorlie, Western Australia. The mine is sometimes also referred to as South Kal Mines - New Celebration, being a merger of the former New Celebration Gold Mine and the Jubilee Gold Mine, which were combined in 2002.It was...
or Coolgardie
Coolgardie, Western Australia
Coolgardie is a small town in the Australian state of Western Australia, east of the state capital, Perth. It has a population of approximately 800 people....
, 100 km away from the mine.
Silver Lake, formed in 2004 and listed at the Australian Securities Exchange
Australian Securities Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
in 2007, acquired Daisy Milano in November 2007 for A$14.5 million from Perilya.
Mining at Daisy Milano resumed in December 2007 and the first gold pour was carried out in April 2008. In the June quarter of 2009, Silver Lake also carried out open pit
Open-pit mining
Open-pit mining or opencast mining refers to a method of extracting rock or minerals from the earth by their removal from an open pit or borrow....
mining 1 km north of the underground operation, at Christmas Flat.
Production
Production of the mine:| Year | Production | Grade | Cost per ounce |
| 2000 | 5,551 ounces | 7.1 g/t | US$ 201 |
| 2001 | 6,468 ounces | 6.0 g/t | US$ 234 |
| 2004-05 | 4,827 ounces | 7.96 g/t | |
| 2005-06 | 25,573 ounces | 7.5 g/t | A$ 596 |
| 2006-07 | 24,779 ounces | 8.8 g/t | Aus $ 590 |
| 2007-08 | 5,808 ounces | 10.2 g/t | A$ |
| 2008-09 | 49,272 ounces | 9.4 g/t | A$ 780 |
| 2009-10 | 66,671 ounces | 6.1 g/t |
Sources
- The Australian Mines Handbook: 2003-2004 Edition, Louthean Media Pty Ltd, Editor: Ross Louthean
- Western Australian Mineral and Petroleum Statistics Digest 2008 Page 34: Principal Mineral and Petroleum Producers - Gold
- New mining approaches lead to success The Australian Mining Review - Article on the Daisy Milano mine
External links
- Place Names Search Results - Daisy Milano Geoscience AustraliaGeoscience AustraliaGeoscience Australia is an agency of the Australian federal government. It carries out geoscientific research.On a user pays basis it produces geospatial products such as topographic maps and satellite imagery.-History:...
website - Silver Lake website - Daisy Milano operation
- Silver Lake Resources at Google finance