Jundee Gold Mine
Encyclopedia
The Jundee Gold Mine is an active gold mine in Western Australia
, approximately 55 km north east of the town of Wiluna
, owned by Newmont Mining.
Originally, the mine was owned to 51% by Great Central Mines
, which acquired the remaining 49% in early 1995 for US$
89 million, alongside 30% of the Bronzewing Gold Mine
.
In 1997, the Jundee mine was enlarged with the acquisition of the nearby Nimary Gold Mine, owned by the Eagle Mining Corporation NL.
Great Central Mines, with Jundee, Bronzewing and the Wiluna Gold Mine
, was taken over by Normandy Mining
in June 2000 and Normandy, in turn, by the Newmont Mining Corporation in February 2002.
The mine was operating as an open pit and underground mine until 2007, when the last open pit closed. Newmont plans to return to open pit mining in 2010 if drilling results are positive. Currently, the mine is scheduled to close in 2013 but Newmont hopes to extend the mine life.
In 2007, the mine employed 552 people, in 2008 528, of which 155 were permanent staff and the rest contractors.
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...
, approximately 55 km north east of the town of Wiluna
Wiluna, Western Australia
Wiluna is a complex town in the Mid West region of Western Australia. It is situated on the edge of the Western Desert at the gateway to the Canning Stock Route and Gunbarrel Highway. It is the service centre of the local area for the local Aboriginal people, the pastoral industry, mining, and...
, owned by Newmont Mining.
History
The Jundee mine was opened in 1995, originally as an open pit operation and, from 1997, also as an underground mine.Originally, the mine was owned to 51% by Great Central Mines
Great Central Mines
Great Central Mines was an Australian gold mining company.The company lost its independence in 1999, when it was taken over by Normandy Mining, and was renamed Normandy Yandal Operations Limited in 2000. The company's takeover however led to lengthy court proceedings, initiated by the Australian...
, which acquired the remaining 49% in early 1995 for US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
89 million, alongside 30% of the Bronzewing Gold Mine
Bronzewing Gold Mine
The Bronzewing Gold Mine is a gold mine located approximately 83 km north-east of Leinster, Western Australia. The mine, owned by Navigator Resources Limited, was, until early 2010, in care and maintenance after its previous owner, View Resources Limited went into administration.The mine is...
.
In 1997, the Jundee mine was enlarged with the acquisition of the nearby Nimary Gold Mine, owned by the Eagle Mining Corporation NL.
Great Central Mines, with Jundee, Bronzewing and the Wiluna Gold Mine
Wiluna Gold Mine
The Wiluna Gold Mine is an active gold mine in Western Australia near the town of Wiluna. The mine was active from 1984 till its closure in 2007; when it was put into care and maintenance; and again since late 2008....
, was taken over by Normandy Mining
Normandy Mining
Normandy Mining was an Australian mining company which predominantly mined gold. Normandy was, during much of the late 20th century, Australia's largest gold miner....
in June 2000 and Normandy, in turn, by the Newmont Mining Corporation in February 2002.
The mine was operating as an open pit and underground mine until 2007, when the last open pit closed. Newmont plans to return to open pit mining in 2010 if drilling results are positive. Currently, the mine is scheduled to close in 2013 but Newmont hopes to extend the mine life.
In 2007, the mine employed 552 people, in 2008 528, of which 155 were permanent staff and the rest contractors.
Production
| Year | Production | Grade | Cost per ounce |
| 1997-98 | 293,016 ounces | 3.32 g/t | A$327 |
| 1998-99 | 385,088 ounces | 4.26 g/t | US$186 |
| 2000 | 359,186 ounces | 4.31 g/t | A$ 350 |
| 2001 | 403,689 ounces | 6.08 g/t | A$ 262 |
| 2002 1 | 167,157 ounces | 5.16 g/t | A$ 320 |
| 2003 | |||
| 2004 | |||
| 2005 | 341,800 ounces | ||
| 2006 | 305,400 ounces | ||
| 2007 | 291,900 ounces | 4.93 g/t | |
| 2008 | 376,900 ounces | 6.83 g/t | |
| 2009 | 412,300 ounces |
- 1 Figures for January to June 2002.
External links
- Newmont website
- Place Names Search Results - Jundee 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