Plutonic Gold Mine
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Plutonic Gold Mine
| Plutonic | |
|---|---|
| Location | |
 Plutonic Gold Mine
25°31′S 119°45′E / 25.51667°S 119.75°ECoordinates: 25°31′S 119°45′E / 25.51667°S 119.75°E |
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| Location | Peak Hill |
| State | Western Australia |
| Country | Australia |
| Owner | |
| Company | Barrick Gold |
| Website | Barrick website |
| Year of acquisition | 2001 |
| TSX | ABX |
| Production | |
| Production | 144,000 |
| Financial year | 2009 |
The Plutonic Gold Mine is a gold mine located 82 km east north east of Peak Hill, Western Australia.
It is operated by Barrick Gold and located at the Plutonic Well Greenstone Belt.[1]
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Contents
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History
In 1988, Great Central Mines discovered the deposit which was to become Plutonic, which the company sold for A$50 million.[2]
The site was then owned by Plutonic Resources, a major Australian gold mining and exploration company.[3][4] Homestake Mining Company purchased Plutonic in April 1998 for more than $1.0 billion,[5] and, in turn, Homestake was acquired by Barrick Gold at the end of 2001.[6]
Production
Production figures for the mine:
| Year | Gold production |
Grade | Cost per ounce |
| 2000 [7] | 253,623 ounces | 2.91 g/t | A$ 197 |
| 2001 [7] | 288,000 ounces | 3.35 g/t | A$ 313 |
| 2002 [8] | 307,377 ounces | 2.74 g/t | US$ 184 |
| 2003 [9] | 333,947 ounces | US$ 193 | |
| 2004 [9] | 304,468 ounces | US$ 223 | |
| 2005 [10] | 251,000 ounces | 0.140 oz/t | US$ 302 |
| 2006 [11] | 237,000 ounces | 0.141 oz/t | US$ 363 |
| 2007 [12] | 208,000 ounces | 0.113 oz/t | US$ 541 |
| 2008 [12] | 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
- ^ Australia Pacific Barrick website, accessed: 4 January 2010
- ^ Chairman Argus has a little bet each way The Age, published: 8 February 2008, accessed: 11 February 2010
- ^ PLUTONIC RESOURCES LIMITED (PLU) delisted.com.au, accessed: 1 January 2010
- ^ Atlantic Gold NL website accessed: 1 January 2009
- ^ Homestake Mining Company - History accessed: 1 January 2009
- ^ MINEDEX website Plutonic search result, accessed: 5 January 2010
- ^ a b The Australian Mines Handbook: 2003-2004 Edition, page 121
- ^ 2003 Fourth Quarter Report accessed: 1 January 2010
- ^ a b 2004 Fourth Quarter Report accessed: 1 January 2010
- ^ Fourth Quarter & Year-End Mine Statistics 2006 accessed: 1 January 2010
- ^ Fourth Quarter & Year-End Mine Statistics 2007 accessed: 1 January 2010
- ^ a b Fourth Quarter & Year-End Mine Statistics 2008 accessed: 1 January 2010
External links
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