Knowledge (XXG)

Marvel Loch Gold Mine

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Metals. During its period of ownership Reynolds acquired the Southern Cross Mill and adjacent tenements including the Transvaal Underground Mine and the Cornishman Open Pit (a 50/50 joint venture with Troy Resources NL) located approximately 25 km (16 mi) north of Marvel Loch. On 1 April 2005 the Marvel Loch Mine together with the Southern Cross Mill and adjacent mines was sold to
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From 1979 to 1987, the mine was operated as a joint venture between Kia Ora Gold Corporation NL and Western United Limited, after which it was sold to Mawson Pacific Limited. Mawson Pacific subsequently sold the mine to Reynolds Australia Gold Operations Ltd, a wholly owned subsidiary of Reynolds US
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for $ 23m. During 1995 and 1996 Sons of Gwalia acquired Orion Gold NL and Gasgoyne Gold Mines NL whom together owned the Yilgarn Star Joint Venture approximately 16 km (9.9 mi) south of Marvel Loch. The Yilgarn Star Joint Venture operated the Yilgarn Star Open Pit and Underground mine and
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After a rapid rise of the company, unauthorised gold and foreign exchange trading activities by chief financial officer Eardley Ross-Adjie in the year to June 2000, ended up costing Sons of Gwalia more than A$ 190 million. Sons of Gwalia went into administration on 30 August 2004, following a
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38 million, having been valued by the Sons of Gwalia directors at A$ 120 million. While Marvel Loch was operational before and after the sale, the Gwalia mine was already placed in care and maintenance at the time of the transaction. A fourth mine, the
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financial collapse, with debts exceeding $ 800 million after suffering from falling gold reserves and hedging losses. Sons of Gwalia was Australia's third-largest gold producer and also controlled more than half the world's production of tantalum.
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in late 2012, St Barbara sold the mine for A$ 22.5 million in cash to Chinese company Hanking Gold Mining in January 2013. Hanking Gold eventually reopened the mine, commencing mining in August 2014 and pouring first gold in early 2015.
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for the most part of the mine's history since reopening in the 1990s, upgrading its production facility in 2001. In February 2001, the company announced it consolidated its Southern Cross operations, acquiring the remaining 30% of the
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it didn't own and merging the operation with Marvel Loch, closing the Yilgarn Star mill. It also acquired other interests in the region in this transaction. Since then, production from Yilgarn has been listed under Marvel Loch.
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Barto Gold Mining and the mine are owned by Shandong Tianye Group Bid Co Pty Ltd, which purchased Hanking Gold Mining for A$ 330 million in early 2017. The mine is operated by Minjar Gold.
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Mining in the area around Marvel Loch dates back to the early 1900s and between 1905 and 1986, 3,860 kilograms (136,300 oz) of gold were recorded as having been mined.
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on 30 August 2004 and the company's gold mining operations were sold to St Barbara in March 2005 for
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Since the purchase of the Mine by St Barbara, mining has been carried out both in surface and
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SGW ASX announcement, published: 7 February 2001, accessed: 8 February 2010
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St Barbara purchased the mine from insolvent Sons of Gwalia in March 2005.
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SGW ASX announcement, published: 17 July 1998, accessed: 8 February 2010
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All three mines were previously owned by the now defunct mining company
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Metalsplace.com, published: 10 July 2009, accessed: 3 September 2009
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The mine is owned by Barto Gold Mining but operated by Minjar Gold.
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Production of the mine (including Yilgarn Star since June 2001):
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Ernst &Young agrees to $ 125m Sons of Gwalia settlement
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Media Release: Highlights from Quarterly Report 30-6-98
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St Barbara Mines Limited - Lodgement of Open Briefing
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St Barbara Mines Limited - Lodgment of Open Briefing
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Department of Mines, Industry Regulation and Safety
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published: 28 June 2005, accessed: 3 September 2009
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published: 28 June 2005, accessed: 3 September 2009
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CHINA HANKING HOLDINGS LIMITED 1079:Chiat, Josh (16 February 2017). 1003:St Barbara suspends WA gold mine 43: 36: 1855:Gold mines in Western Australia 1372:Gold mines in Western Australia 1865:Underground mines in Australia 16:Gold mine in Western Australia 1: 57:Location in Western Australia 1829:Gold Stealing Detection Unit 944:, accessed: 4 September 2009 791:St Barbara website - Leonora 261:. Sons of Gwalia went into 1886: 1860:Surface mines in Australia 1282:accessed: 3 September 2009 1273:June 2009 quarterly report 1263:accessed: 3 September 2009 1244:accessed: 3 September 2009 1225:accessed: 3 September 2009 1206:accessed: 3 September 2009 1148:"Southern Cross Operation" 836:accessed: 3 September 2009 812:accessed: 3 September 2009 793:accessed: 3 September 2009 781:accessed: 3 September 2009 418:January to June 2002 only. 335:After placing the mine in 1815: 1332:The Sydney Morning Herald 1299:. Louthean Media Pty Ltd. 1187:accessed: 12 January 2010 1175:accessed: 12 January 2010 979:The Sydney Morning Herald 942:The Sydney Morning Herald 640: 209: 31: 1221:13 October 2009 at the 1202:13 October 2009 at the 959:5 February 2011 at the 1295:Louthean, Ross (ed.). 330:underground operations 315:Yilgarn Star Gold Mine 293: 259:Sons of Gwalia Limited 250:, which was placed in 119:31.46944°S 119.49694°E 1834:Diggers & Dealers 1259:13 March 2018 at the 1240:13 March 2018 at the 1152:www.minjargold.com.au 288: 272:Carosue Dam Gold Mine 217:Marvel Loch Gold Mine 51:Marvel Loch Gold Mine 1455:Kalgoorlie Super Pit 1380:Goldfields-Esperance 1278:3 March 2016 at the 808:3 April 2018 at the 687:March–December 2017 644:care and maintenance 337:care and maintenance 252:care and maintenance 124:-31.46944; 119.49694 1086:The West Australian 1054:The West Australian 1021:The West Australian 964:The West Australian 859:The West Australian 777:15 May 2013 at the 675:January–March 2017 202:Year of acquisition 115: /  23: 1254:2008 Annual report 1235:2007 Annual report 1216:2006 Annual report 1197:2005 Annual report 294: 248:Tarmoola Gold Mine 236:St Barbara Limited 234:It is operated by 1842: 1841: 1811: 1810: 1777: 1776: 1727: 1726: 1698: 1697: 1598: 1597: 1569: 1568: 1465:King of the Hills 752: 751: 415: 414: 213: 212: 166:–20122014–present 82:Western Australia 1877: 1870:Shire of Yilgarn 1820:Related articles 1788: 1738: 1709: 1609: 1580: 1485:South Kalgoorlie 1415:Darlot-Centenary 1385: 1365: 1358: 1351: 1342: 1322:Database of the 1316: 1315: 1313:Official website 1300: 1283: 1270: 1264: 1251: 1245: 1232: 1226: 1213: 1207: 1194: 1188: 1182: 1176: 1170: 1164: 1163: 1161: 1159: 1144: 1138: 1137: 1135: 1133: 1123: 1115: 1102: 1101: 1099: 1097: 1076: 1070: 1069: 1067: 1065: 1044: 1038: 1037: 1035: 1033: 1028:. 9 January 2013 1012: 1006: 1000: 994: 988: 982: 973: 967: 951: 945: 936: 930: 924: 913: 907: 896: 890: 884: 878: 863: 855: 849: 843: 837: 831: 825: 819: 813: 800: 794: 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ounces 501:217,019 ounces 487:176,756 ounces 473:176,026 ounces 459:138,491 ounces 439:Cost per ounce 425: 391:103,122 ounces 371:Cost per ounce 357: 349: 283: 187: 123: 121: 117: 114: 109: 106: 104: 102: 101: 61: 60: 59: 58: 55: 54: 53: 52: 48: 17: 12: 11: 5: 1883: 1881: 1873: 1872: 1867: 1862: 1857: 1847: 1846: 1840: 1839: 1837: 1836: 1831: 1826: 1816: 1813: 1812: 1809: 1808: 1806: 1805: 1800: 1794: 1792: 1785: 1779: 1778: 1775: 1774: 1772: 1771: 1766: 1760: 1758: 1754: 1753: 1751: 1750: 1744: 1742: 1735: 1729: 1728: 1725: 1724: 1722: 1721: 1715: 1713: 1706: 1700: 1699: 1696: 1695: 1693: 1692: 1687: 1682: 1677: 1672: 1667: 1662: 1656: 1654: 1650: 1649: 1647: 1646: 1641: 1636: 1631: 1626: 1621: 1615: 1613: 1606: 1600: 1599: 1596: 1595: 1593: 1592: 1586: 1584: 1577: 1571: 1570: 1567: 1566: 1564: 1563: 1558: 1553: 1548: 1543: 1538: 1533: 1528: 1522: 1520: 1516: 1515: 1513: 1512: 1507: 1502: 1497: 1492: 1487: 1482: 1477: 1472: 1467: 1462: 1457: 1452: 1447: 1442: 1437: 1432: 1427: 1422: 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Minjar Gold 1153: 1149: 1143: 1140: 1127: 1120: 1114: 1112: 1110: 1108: 1104: 1092: 1088: 1087: 1082: 1075: 1072: 1060: 1056: 1055: 1050: 1043: 1040: 1027: 1023: 1022: 1017: 1011: 1008: 1004: 999: 996: 992: 987: 984: 980: 977: 972: 969: 965: 962: 958: 955: 950: 947: 943: 940: 935: 932: 928: 923: 921: 919: 915: 911: 906: 904: 902: 898: 894: 889: 886: 882: 877: 875: 873: 871: 869: 865: 861: 860: 854: 851: 847: 842: 839: 835: 830: 827: 823: 818: 815: 811: 807: 804: 799: 796: 792: 787: 784: 780: 776: 773: 768: 765: 759: 754: 753: 748: 746: 744: 741: 740: 737: 735: 733: 730: 729: 726: 724: 722: 719: 718: 715: 713: 711: 708: 707: 704: 702: 700: 697: 696: 693: 691: 689: 686: 685: 682: 680: 677: 674: 673: 670: 668: 665: 662: 661: 658: 656: 653: 650: 649: 646: 645: 637: 636: 633: 631: 629: 626: 625: 622: 620: 618: 615: 614: 611: 609: 607: 604: 603: 600: 598: 596: 593: 592: 588: 585: 582: 579: 578: 574: 571: 568: 565: 564: 560: 557: 554: 551: 550: 546: 543: 540: 537: 536: 532: 529: 526: 523: 522: 518: 516: 513: 510: 509: 505: 503: 500: 497: 496: 492: 489: 486: 483: 482: 478: 475: 472: 469: 468: 464: 461: 458: 455: 454: 451: 449: 446: 443: 442: 438: 435: 432: 429: 428: 422: 417: 416: 410: 407: 404: 401: 400: 396: 393: 390: 387: 386: 383: 381: 378: 375: 374: 370: 367: 364: 361: 360: 354: 352: 346: 344: 341: 338: 333: 331: 326: 323: 319: 316: 311: 306: 303: 297: 291: 287: 280: 278: 275: 273: 268: 264: 260: 255: 253: 249: 245: 241: 237: 232: 230: 226: 222: 218: 208: 204: 200: 196: 186: 182: 178: 174: 169: 165: 161: 156: 152: 148: 145: 142: 138: 133: 128: 100: 96: 93: 90: 86: 83: 80: 78: 74: 71: 68: 64: 39: 30: 25: 19: 1819: 1802: 1629:Golden Grove 1450:Higginsville 1435:Granny Smith 1410:Daisy Milano 1337: 1296: 1289:Bibliography 1268: 1249: 1230: 1211: 1192: 1180: 1168: 1156:. Retrieved 1151: 1142: 1130:. Retrieved 1126:minedocs.com 1125: 1094:. Retrieved 1084: 1074: 1062:. Retrieved 1052: 1042: 1030:. 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Index

Marvel Loch Gold Mine is located in Western Australia
Marvel Loch
State
Western Australia
Australia
31°28′10″S 119°29′49″E / 31.46944°S 119.49694°E / -31.46944; 119.49694
www.minjargold.com.au
gold mine
Marvel Loch
Southern Cross, Western Australia
St Barbara Limited
Gwalia Gold Mine
Leonora
Tarmoola Gold Mine
care and maintenance
Sons of Gwalia Limited
administration
A$
Carosue Dam Gold Mine

Sons of Gwalia
Sons of Gwalia
surface mine
Yilgarn Star Gold Mine
underground operations
care and maintenance
care and maintenance
St Barbara website - Southern Cross
Archived
Wayback Machine

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