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Sons of Gwalia

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29: 365:, valued at A$ 159 million. At the close of offer on 16 October 2001, SGW held 98.9% of all Pacmin shares and proceeded to compulsory acquisition. In retrospect, the purchase of Pacmin and Tarmoola was seen as very expensive, especially in the light of gold reserve writedowns and operational difficulties at the Tarmoola mine. 372:
on 13 February 2003, that one of its investment bankers had withdrawn support. The following day, managing director Mark Cutifani, in a surprise move, resigned from his position. In July 2003, the company announced the results of a restructuring, aimed at improving the performance of SGW. In October
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In a landmark decision, the shareholders of Sons of Gwalia were awarded the same status as non-shareholding creditors on 27 February 2006 because the company breached continuous disclosure obligations or misled them about its financial status. On 29 August 2006, Sons of Gwalia (SGW) was de-listed
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Almost a year after the resignation of Mark Cutifani, John Leevers was appointed managing director of the company from 27 January 2004. In April 2004, the company's chairman Peter Lalor and his brother Chris, an executive director, having founded the company 22 years earlier, resigned from their
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bodies occurred in this schist, with the eastern limb called the Main Lode dipping 45 degrees to the east, and the western limb called the West Lode dipping 38 degrees to the east, since the surface expression was horseshoe shaped plunging to the south at a 70-degree angle. The Mine schist is
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in August 2004 following a 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.
444:, the company's administrator, had claimed Ernst & Young was negligent over the accounting of gold and dollar hedging contracts. It is hoped the $ 178 million of assets will assist in bringing the long-running administration to a close in December 2009. 226:, manager and inspecting engineer of the London and Western Australian Exploration Company, an associate of the British management firm Bewick, Moreing & Co., inspected the Sons of Gwalia operation and recommended the acquisition of the mine. 1622: 233:
on the London Stock Exchange in January 1898. Hoover was appointed superintendent of the Sons of Gwalia Mine and managed it from May to November 1898 before moving on to China. He was later to become
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Worldwide softening tantalum demand and delays in receiving Governmental approval for installation of necessary crushing equipment are among contributing factors in this decision
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In addition to the $ 125 million from E & Y, SoG's former directors the Lalor brothers, agreed to a $ 53 million settlement over their role in the company's collapse.
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tantalum business of Sons of Gwalia but temporarily closed Wodgina because of falling tantalum prices. The mine re-opened, but closed again after less than a year.
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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.
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The London and West Australian Exploration Company acquired the Sons of Gwalia property on 17 November 1897, and Bewick Moreing & Co launched
1637: 1178: 1312: 1295: 1211: 1161: 1247: 343: 182:. It was Australia's third-largest gold producer and controlled more than half the world's production of tantalum, before entering 211:, which had been discovered in March 1896 by prospectors A. Glendinning, Jack Carlson and Frank White, who had named it after 1386: 1283: 924: 720:
17 September 2004: Class action filed against company as well as directors, auditors and officers of company by shareholders.
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from Perth to the Gwalia mine fails to land and continues on to North Queensland, where it crashes without survivors.
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was incorporated in August 1981. It issued its initial public prospectus in 1983 to raise $ 2.5 million on the
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of the syndicate funder, Coolgardie storekeeper Thomas Tobias. The mine gave its name to the adjacent town of
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19 January 2004: John Leevers appointed as managing director. Peter and Chris Lalor to retire from company.
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Sons of Gwalia Gold Deposit, Leonora, in Geology of the Mineral Deposits of Australia and Papua New Guinea
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The mine operated continuously until 1963, when it closed and Sons of Gwalia, Limited was liquidated.
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In early 2003, the company started to show signs of being troubled. It had to deny reports by
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29 August 2006: Company delisted from the ASX after failing to pay its annual listing fee.
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28 January 2005: Five directors, including the chairman, and the company secretary resign.
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16 October 2001: Compulsory acquisition of Pacmin announced, at a cost of A$ 210 million.
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15 October 2003: The company successfully raised A$ 63 million by issuing new shares.
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23 August 2001: SGW makes takeover offer for Pacmin Mining, valued at A$ 159 million.
440:, agreed to a $ 125 million settlement over their role in the gold miner's collapse. 335:
to the Gwalia mine with seven SGW employees failed to land, instead continuing on to
325: 919:. Melbourne: The Australasian Institute of Mining and Metallurgy. pp. 353–355. 418: 268: 317:, which it sold to Focus Technologies Limited (later Focus Minerals Limited) for 1561: 1530: 373:
that year, the company successfully raised A$ 63 million by issuing new shares.
369: 328:, well regarded in the mining industry, as managing director on 13 March 2000. 1525: 393:
In March 2005, the company sold its gold mining operations, consisting of the
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positions on the board. John Leevers was appointed managing director and CEO.
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14 February 2003: Managing director Mark Cutifani resigned from his position.
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SGW ASX announcement, published: 18 February 2004. Retrieved 8 February 2010
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SGW ASX announcement, published: 14 February 2003. Retrieved 8 February 2010
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SGW ASX announcement, published: 13 February 2003. Retrieved 8 February 2010
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SGW ASX announcement, published: 5 September 2000. Retrieved 8 February 2010
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Focus ASX announcement, published: 16 August 2002. Retrieved 28 January 2010
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30 July 1992: Changed name from Sons of Gwalia NL to Sons of Gwalia Limited.
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SGW ASX announcement, published: 19 January 2004. Retrieved 8 February 2010
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SGW ASX announcement, published: 15 October 2003. Retrieved 8 February 2010
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SGW ASX announcement, published: 16 October 2001. Retrieved 8 February 2010
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SGW ASX announcement, published: 7 February 2001. Retrieved 8 February 2010
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15 September 2005: Shareholders awarded equal status to creditors in court.
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SGW ASX announcement, published: 23 August 2001. Retrieved 8 February 2010
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December 2003: Gwalia Gold Mine closed and placed in care and maintenance.
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SGW ASX announcement, published: 13 March 2000. Retrieved 8 February 2010
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SGW ASX announcement, published: 19 July 2001. Retrieved 8 February 2010
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SGW ASX announcement, published: 20 July 2000. Retrieved 8 February 2010
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SGW ASX announcement, published: 18 July 2002. Retrieved 8 February 2010
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SGW ASX announcement, published: 19 July 2001. Retrieved 8 February 2010
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SGW ASX announcement, published: 20 July 2000. Retrieved 8 February 2010
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SGW ASX announcement, published: 17 July 1998. Retrieved 8 February 2010
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ASX announcement, published: 27 February 2006. Retrieved 12 January 2010
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SGW ASX announcement, published: 1 July 2003. Retrieved 8 February 2010
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ASX announcement, published: 29 August 2006. Retrieved 12 January 2010
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in the ore body. The Gwalia lode system was developed down to 1750 m.
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metalsplace.com, published: 8 August 2004. Retrieved 8 February 2010
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21 March 2005: Gold operations sold to St Barbara for A$ 38 million.
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In February 2001, the company announced it had consolidated its
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Companies formerly listed on the Australian Securities Exchange
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Tantalum: 2.29 million lb (1.04 million kg)
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Appt of MD/Non Exec Chairman&Changes to Board of Directors
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Intention to Make Takeover Bid for PacMin Mining Corporation
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The Memoirs of Herbert Hoover, Years of Adventure, 1874-1920
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13 March 2000: Mark Cutifani appointed as managing director.
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On 4 September 2009, the former auditors of Sons of Gwalia,
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Ernst &Young agrees to $ 125m Sons of Gwalia settlement
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Ernst &Young agrees to $ 125m Sons of Gwalia settlement
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Ernst &Young agrees to $ 125m Sons of Gwalia settlement
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Ernst &Young agrees to $ 125m Sons of Gwalia settlement
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Close of offer for PML/proceeding to compulsory acquisition
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was formed in 1897 by George William Hall, major investor
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Media Release: Highlights from Quarterly Report 30-6-98
1103: 1101: 982:, published: 20 January 2004. Retrieved 8 February 2010 808:"Romantic History of a Great Mine – The Sons of Gwalia" 1466:
Ferrier Hodgson website – Sons of Gwalia announcements
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Acquisition Agreement North Laverton Western Australia
950:, published: 22 August 2005. Retrieved 5 February 2010 845:
Register of Heritage Places – Assessment Documentation
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15 March 2005: Managing director John Leevers resigns.
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2.29 million lb (1.04 million kg)
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St Barbara Mines Limited – Lodgment of Open Briefing
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Chairman's Summary Half Year Ended 31 December 2003
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published: 28 June 2005. Retrieved 3 September 2009
138: 130: 103: 85: 75: 67: 59: 51: 43: 35: 943:How sons of Lalor built, then sank, Sons of Gwalia 900:. Melbourne: Melbourne University Press. pp.  893: 867: 353:On 23 August 2001, SGW made a takeover offer for 1328: 1326: 346:operations, acquiring the remaining 30% of the 186:in August 2004 following a financial collapse. 16:Former gold mining company of Western Australia 1426:Fourth Quarter Activities Report/Media Release 1357:Fourth Quarter Activities Report/Media Release 1025:Rationalisation of Southern Cross Region of WA 592: 464: 1486: 1367: 1365: 1272:IMF's ann: Sons of Gwalia Full Court Decision 1047: 1045: 975:Geologist brings 'new eyes' to Sons of Gwalia 8: 751: 749: 21: 990: 988: 874:. New York: The Macmillan Company. p.  789: 756:Sons of Gwalia's gold hedging had big holes 1493: 1479: 1471: 1440:delisted.com.au. Retrieved 8 February 2010 1397: 1395: 796:delisted.com.au. Retrieved 5 February 2010 787: 785: 783: 781: 779: 777: 775: 773: 771: 769: 455:Annual production figures of the company: 20: 1402:Sons of Gwalia fourth quarter report 2004 1382: 1380: 1145: 1143: 1020: 1018: 915:Kalnejais, J. (1990). F.E. Hughes (ed.). 146:Gold: 521,081 ozt (16,207.4 kg) 1130: 1128: 1005: 1003: 970: 968: 590: 462: 1438:PACMIN MINING CORPORATION LIMITED (PML) 745: 835: 833: 831: 829: 1618:Defunct mining companies of Australia 938: 936: 7: 1064:ASX to probe Sons of Gwalia collapse 648:2,193,792 lb (995,087 kg) 640:2,138,841 lb (970,162 kg) 632:1,625,364 lb (737,253 kg) 624:1,111,967 lb (504,380 kg) 564:521,081 ozt (16,207.4 kg) 551:577,702 ozt (17,968.5 kg) 539:541,224 ozt (16,833.9 kg) 527:438,166 ozt (13,628.5 kg) 514:413,184 ozt (12,851.5 kg) 491:517,978 ozt (16,110.9 kg) 259:, which was up to 150 metres thick. 1648:2006 disestablishments in Australia 1010:Media Release re: Aircraft Accident 1628:Gold mining companies of Australia 1502:Gold mining companies of Australia 1238:"GAM closes Wodgina tantalum mine" 609:877,281 lb (397,928 kg) 207:and others to own and operate the 14: 1387:Sons of Gwalia annual report 2003 1093:Response to UBS Warburg Statement 1643:1981 establishments in Australia 1633:Companies disestablished in 2006 1414:Fourth Quarter Activities Report 1372:Fourth Quarter Activities Report 1345:Fourth Quarter Activities Report 313:In 1998, the company closed its 27: 1236:Emery, Kate (24 January 2012). 806:Meiklejohn, John (8 May 1927). 431:Australian Securities Exchange 417:paid $ 205 million to buy the 308:Australian Securities Exchange 238:president of the United States 1: 1638:Companies established in 1981 995:Managing Director Appointment 195:First and second incarnations 794:SONS OF GWALIA LIMITED (SGW) 659: 651: 643: 635: 627: 619: 612: 604: 572: 559: 546: 534: 522: 509: 498: 486: 1404:. Retrieved 12 January 2010 1389:. Retrieved 12 January 2010 321:2.68 million in July 2002. 287:was the most common of the 1664: 1284:Removal from Official List 717:appointed for the company. 675:5 May 1983: Listed on the 1184:15 September 2009 at the 979:The Sydney Morning Herald 947:The Sydney Morning Herald 896:The Rush That Never Ended 760:The Sydney Morning Herald 411:St Barbara Mining Limited 26: 1120:Results of Restructuring 866:Hoover, Herbert (1951). 205:William Pritchard Morgan 201:Sons of Gwalia G. M. Co. 1521:Northern Star Resources 1217:5 February 2011 at the 1081:Gwalia sweats on review 841:"Gwalia Museum Group 6" 569:A$ 438/ozt (A$ 14.1/g) 556:A$ 454/ozt (A$ 14.6/g) 519:A$ 337/ozt (A$ 10.8/g) 231:Sons of Gwalia, Limited 63:Peter & Chris Lalor 348:Yilgarn Star Gold Mine 324:The company appointed 22:Sons of Gwalia Limited 403:Carosue Dam Gold Mine 395:Marvel Loch Gold Mine 359:Carosue Dam Gold Mine 331:On 4 September 2000, 255:occurred in the mine 1108:Director Resignation 677:Perth Stock Exchange 385:The company entered 304:Perth Stock Exchange 1572:Great Central Mines 1317:The West Australian 1300:The West Australian 1243:The West Australian 1223:The West Australian 1199:The West Australian 1166:The West Australian 413:for A$ 38 million. 209:Sons of Gwalia mine 162:company that mined 23: 1546:Westgold Resources 1250:on 4 December 2012 688:4 September 2000: 407:Tarmoola Gold Mine 363:Tarmoola Gold Mine 315:Laverton Gold Mine 213:the Welsh homeland 157:Western Australian 125:Executive director 1605: 1604: 890:Blainey, Geoffrey 667: 666: 584: 583: 438:Ernst & Young 300:Sons of Gwalia NL 295:Third incarnation 150: 149: 140:Production output 1655: 1495: 1488: 1481: 1472: 1453: 1447: 1441: 1435: 1429: 1423: 1417: 1411: 1405: 1399: 1390: 1384: 1375: 1369: 1360: 1354: 1348: 1342: 1336: 1330: 1321: 1310: 1304: 1293: 1287: 1281: 1275: 1269: 1263: 1262: 1257: 1255: 1246:. 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Index


Administration
West Perth
Australia
MD
CEO
Chairman
Executive director
Western Australian
mining
gold
tantalum
spodumene
lithium
tin
administration
William Pritchard Morgan
Sons of Gwalia mine
the Welsh homeland
Gwalia
Herbert Hoover
31st
president of the United States
mineralization
schist
Lenticular
ore
hanging wall
basalt
foot wall

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