World Library  
Flag as Inappropriate
Email this Article

Plutonic Gold Mine

Article Id: WHEBN0025675505
Reproduction Date:

Title: Plutonic Gold Mine  
Author: World Heritage Encyclopedia
Language: English
Subject: Pluton, Barrick Gold, Darlot-Centenary Gold Mine, Kanowna Belle Gold Mine, Paddington Gold Mine
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Plutonic Gold Mine

Plutonic
Location
Plutonic Gold Mine is located in Australia
Plutonic Gold Mine
Plutonic Gold Mine
Location in Australia
Location Peak Hill
State Western Australia
Country Australia
Coordinates
Production
Production 144,000
Financial year 2009
Owner
Company Northern Star Resources
Website [1]
Year of acquisition 2014
ASX [2]

The Plutonic Gold Mine is a gold mine located 82 km east north east of Peak Hill, Western Australia.

It is operated by Northern Star Resources and located at the Plutonic Well Greenstone Belt. The mine was acquired by Northern Star Resources from the previous operator Barrick Gold in February 2014.[1][2] [3]

History

In 1988, Great Central Mines discovered the deposit which was to become Plutonic, which the company sold for A$50 million.[4]

The site was then owned by Plutonic Resources, a major Australian gold mining and exploration company.[5][6] Homestake Mining Company purchased Plutonic in April 1998 for more than $1.0 billion,[7] and, in turn, Homestake was acquired by Barrick Gold at the end of 2001.[8]

Barrick Gold announced the divestment of Plutonic Gold Mine to Northern Star Resources Ltd on 22 December 2013, for A$25 million.[9]

Production

Production figures for the mine:
Year Gold
production
Grade Cost per ounce
2000 [10] 253,623 ounces 2.91 g/t A$197
2001 [10] 288,000 ounces 3.35 g/t A$313
2002 [11] 307,377 ounces 2.74 g/t US$ 184
2003 [12] 333,947 ounces US$193
2004 [12] 304,468 ounces US$223
2005 [13] 251,000 ounces 0.140 oz/t US$302
2006 [14] 237,000 ounces 0.141 oz/t US$363
2007 [15] 208,000 ounces 0.113 oz/t US$541
2008 [15] 127,000 ounces 0.115 oz/t US$873
2009 144,000 ounces US$652

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

References

  1. ^ Australia Pacific Barrick website, accessed: 4 January 2010
  2. ^ [3] accessed: 8th April 2014
  3. ^ Barrick Gold website Barrick Announces Agreement to Divest Plutonic Mine in Australia, accessed 5 January 2014
  4. ^ Chairman Argus has a little bet each way The Age, published: 8 February 2008, accessed: 11 February 2010
  5. ^ PLUTONIC RESOURCES LIMITED (PLU) delisted.com.au, accessed: 1 January 2010
  6. ^ Atlantic Gold NL website accessed: 1 January 2009
  7. ^ Homestake Mining Company - History accessed: 1 January 2009
  8. ^ MINEDEX website Plutonic search result, accessed: 5 January 2010
  9. ^ Barrick Gold website Barrick Announces Agreement to Divest Plutonic Mine in Australia, accessed 5 January 2014
  10. ^ a b The Australian Mines Handbook: 2003-2004 Edition, page 121
  11. ^ 2003 Fourth Quarter Report accessed: 1 January 2010
  12. ^ a b 2004 Fourth Quarter Report accessed: 1 January 2010
  13. ^ Fourth Quarter & Year-End Mine Statistics 2006 accessed: 1 January 2010
  14. ^ Fourth Quarter & Year-End Mine Statistics 2007 accessed: 1 January 2010
  15. ^ a b Fourth Quarter & Year-End Mine Statistics 2008 accessed: 1 January 2010

External links

  • MINEDEX website
  • Video of a fly by of the Plutonic Gold mine
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.