Knowledge (XXG)

King of the Hills Gold Mine

Source πŸ“

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St Barbara explored the option of underground mining at Tarmoola in 2009 and processing the ore at Gwalia. Limited amounts of ore were extracted from the mine as a satellite operation by St Barbara and subsequent owners Saracen and Red 5, with St Barbara mining from 2011 to 2015 and Saracen in 2016
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in June 1998 and took control of all assets of the two companies in Australia. Pacmin was then taken over by Sons of Gwalia in October 2001 for A$ 210 million, the mine thereby becoming part of the company's Leonora operations, together with the Gwalia mine. This merger also secured the Carosue Dam
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The Tarmoola mine was originally developed and opened in May 1990 by Mt Edon Gold Mines Australia NL. It is now known as King of the Hills, the original name for the area from its discovery in 1897, and is owned and operated by Saracen Mineral Holdings Limited. Saracen commenced underground mining
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St Barbara purchased the mine from insolvent Sons of Gwalia in March 2005 but did not fully reopened the mine thereafter. The company placed the mine on the market in 2007, seeing little value in operating the mine because of high costs of production. St Barbara estimated that it would cost A$ 700
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Sons of Gwalia went into administration on 30 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
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With the completion of their new processing plant at the King of the Hills mine, Red 5 plans to close down the Darlot process plant in 2022 and instead process the ore from the Darlot's underground operations at the new facility. Red 5 spend A$ 226 million to redevelop the mine.
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from Gold Fields for A$ 18.5 million, A$ 12 million of this in cash and the remainder in shares and, at the same time, also purchased the King of the Hills Gold Mine from Saracens Mineral Holdings for A$ 15.5 million in cash and shares.
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Red 5 commenced mining at King of the Hills in early 2018, with ore transported to the Darlot process plant for processing until early 2021, when the company decided to preserve the mine's ore for its new plant.
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In retrospect, the purchase of Pacmin and Tarmoola was seen as very expensive, especially in the light of gold reserve write downs and operational difficulties at the mine.
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before suspending operations in January 2017. In August 2015, St Barbara announced the sale of the mine to Saracen Mineral Holdings for A$ 3 million.
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On 31 March 2022, underground mining commenced at the mine with gold production scheduled to commence in the second quarter of the year.
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The mine, opened in May 1990, was discovered and developed by Mount Edon Mines until April 1997, when it was taken over by jointly by
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Figures are for ore mined at King of the Hills and processed at Darlot. Ore stockpiled at King of the Hills not included in figure.
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Fairclough, M.C.; Brown, J.C. (1998). "Tarmoola Gold Deposit". In Berkman, Donald Alexander; Mackenzie, David H. (eds.).
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In February 2004, a pit wall failure caused disruptions to the mine, leading to its eventual closure in September 2004.
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Combined result for the Leonora operations, consisting of Gwalia and Tarmoola. The Gwalia mine closed in December 2003.
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from September 2004, when a pit wall failure forced its closure. It is owned by Saracen Mineral Holdings Limited.
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per ounce to mine at Tarmoola, at an average grade of 1.1 g/t. However, the sale of Tarmoola did not eventuate.
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production of tantalum. At the point of closure, the mine had produced 1.65 million ounces of gold.
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Klaus Eckhof - Project Geologist and Business Development Manager of Mount Edon
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Camelot ASX announcement, published: 13 March 1998, accessed: 8 February 2010
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SGW ASX announcement, published: 23 August 2001, accessed: 8 February 2010
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www.goldinvest.de, published: 18 January 2007, accessed: 8 February 2010
17: 1743: 726:. Australasian Institute of Mining and Metallurgy. pp. 173–178. 924:
metalsplace.com, published: 8 August 2004, accessed: 8 February 2010
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Mr Tony Brennan - Managing Director of Mount Edon Gold Mines Limited
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operations at King of the Hills in July 2016, but sold the mine to
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Intention to Make Takeover Bid for PacMin Mining Corporation
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Geology of Australian and Papua New Guinean mineral deposits
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Combined production figure for King of the Hills and Darlot.
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Ernst &Young agrees to $ 125m Sons of Gwalia settlement
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St Barbara considers underground gold mine at Tarmoola
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St Barbara Mines Limited - Lodgement of Open Briefing
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acclaimexploration.com.au, accessed: 8 February 2010
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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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Saracen Mineral Holdings Limited. 25 October 2016 231: 215: 205: 200: 192: 184: 179: 171: 160: 150: 145: 108: 98: 86: 76: 55: 37: 1338:How sons of Lalor built, then sank, Sons of Gwalia 1306:The Australian Mines Handbook: 2003-2004 Edition 1251:The Australian Mines Handbook: 2003-2004 Edition 869: 867: 793:deltacapital.com.au, accessed: 8 February 2010 301:through Reachwest Pty Ltd for A$ 158 million. 1367: 1329:MINEDEX website: Tarmoola - King of the Hills 8: 32: 1345:- Article on the collapse of Sons of Gwalia 958:Sons of Gwalia's gold hedging had big holes 835:Establishment of Pacific Mining Corporation 1798: 1748: 1719: 1619: 1590: 1395: 1374: 1360: 1352: 849:delisted.com.au, accessed: 8 February 2010 631:2002 results for January to November only. 31: 1263:Sons of Gwalia fourth quarter report 2004 975: 973: 971: 1191: 1189: 1187: 1157: 1155: 1071: 1069: 1067: 886:MINEDEX website - Tarmoola search result 360: 847:PACMIN MINING CORPORATION LIMITED (PML) 801: 799: 668: 666: 662: 196:1990–20052011–20162018–20212022–present 806:Joint Takeover Bid For Australian Mine 253:, is located 29 km north-west of 1025:St Barbara offloads Tarmoola goldmine 7: 905:ASX to probe Sons of Gwalia collapse 1227:"Red 5 KOTH goes back underground" 755:"Quarterly report: September 2016" 25: 1133:Beattie, Fraser (3 August 2017). 874:Sons of Gwalia annual report 2003 1881:1990 establishments in Australia 1835:Gold mining in Western Australia 1105:Lucas, Jarrod (20 August 2015). 54: 47: 1866:Gold mines in Western Australia 1383:Gold mines in Western Australia 1225:Murphy, Emily (7 April 2022). 304:Camelot Resources was renamed 27:Gold mine in Western Australia 1: 1107:"Saracen is King of the Hill" 705:St Barbara annual report 2005 68:Location in Western Australia 1840:Gold Stealing Detection Unit 1059:St Barbara website - Leonora 1135:"Red 5 buys two gold mines" 247:King of the Hills Gold Mine 62:King of the Hills Gold Mine 33:King of the Hills Gold Mine 1897: 1871:Surface mines in Australia 336:Darlot-Centenary Gold Mine 255:Leonora, Western Australia 1826: 1342:The Sydney Morning Herald 1308:. Louthean Media Pty Ltd. 1265:accessed: 12 January 2010 1061:accessed: 8 February 2010 1029:The Sydney Morning Herald 1011:15 September 2009 at the 962:The Sydney Morning Herald 895:accessed: 8 February 2010 891:11 September 2008 at the 876:accessed: 12 January 2010 707:accessed: 7 February 2010 585: 471: 309:mine for Sons of Gwalia. 257:. The mine was placed in 239: 42: 358:Production of the mine: 939:5 February 2011 at the 922:Gwalia sweats on review 1304:Louthean, Ross (ed.). 985:Resources Rising Stars 823:Tarmoola Joint Venture 290: 130:28.66611Β°S 121.16694Β°E 1845:Diggers & Dealers 280: 1466:Kalgoorlie Super Pit 1391:Goldfields-Esperance 1276:"2022 Annual Report" 1197:"2021 Annual Report" 1163:"2020 Annual Report" 1077:"2018 Annual Report" 674:"2023 Annual Report" 259:care and maintenance 135:-28.66611; 121.16694 1112:The West Australian 945:The West Australian 681:www.red5limited.com 232:Year of acquisition 126: /  34: 987:. 9 September 2021 810:The New York Times 291: 281:Gold mines in the 251:Tarmoola Gold Mine 1853: 1852: 1822: 1821: 1788: 1787: 1738: 1737: 1709: 1708: 1609: 1608: 1580: 1579: 1476:King of the Hills 1231:Australian Mining 733:978-1-875776-53-5 618: 617: 295:Camelot Resources 243: 242: 93:Western Australia 16:(Redirected from 1888: 1876:Shire of Leonora 1831:Related articles 1799: 1749: 1720: 1620: 1591: 1496:South Kalgoorlie 1426:Darlot-Centenary 1396: 1376: 1369: 1362: 1353: 1331:Database of the 1325: 1324: 1322:Official website 1309: 1292: 1291: 1289: 1287: 1272: 1266: 1260: 1254: 1248: 1242: 1241: 1239: 1237: 1222: 1216: 1215: 1213: 1211: 1201: 1193: 1182: 1181: 1179: 1177: 1167: 1159: 1150: 1149: 1147: 1145: 1130: 1124: 1123: 1121: 1119: 1102: 1096: 1095: 1093: 1091: 1081: 1073: 1062: 1056: 1050: 1039: 1033: 1022: 1016: 1003: 997: 996: 994: 992: 977: 966: 955: 949: 931: 925: 919: 913: 902: 896: 883: 877: 871: 862: 856: 850: 844: 838: 832: 826: 820: 814: 803: 794: 788: 782: 776: 770: 769: 767: 765: 759: 751: 745: 744: 742: 740: 725: 714: 708: 702: 693: 692: 690: 688: 678: 670: 651: 644: 637: 630: 361: 330:In August 2017, 299:Teck Corporation 227: 224: 222: 141: 140: 138: 137: 136: 131: 127: 124: 123: 122: 119: 58: 57: 51: 35: 21: 1896: 1895: 1891: 1890: 1889: 1887: 1886: 1885: 1856: 1855: 1854: 1849: 1818: 1784: 1763: 1734: 1705: 1659: 1605: 1576: 1525: 1385: 1380: 1349: 1320: 1319: 1316: 1303: 1300: 1295: 1285: 1283: 1282:. Red 5 Limited 1274: 1273: 1269: 1261: 1257: 1249: 1245: 1235: 1233: 1224: 1223: 1219: 1209: 1207: 1206:. Red 5 Limited 1199: 1195: 1194: 1185: 1175: 1173: 1172:. Red 5 Limited 1165: 1161: 1160: 1153: 1143: 1141: 1132: 1131: 1127: 1117: 1115: 1104: 1103: 1099: 1089: 1087: 1086:. Red 5 Limited 1079: 1075: 1074: 1065: 1057: 1053: 1040: 1036: 1023: 1019: 1013:Wayback Machine 1004: 1000: 990: 988: 979: 978: 969: 956: 952: 941:Wayback Machine 932: 928: 920: 916: 903: 899: 893:Wayback Machine 884: 880: 872: 865: 857: 853: 845: 841: 833: 829: 821: 817: 804: 797: 789: 785: 777: 773: 763: 761: 757: 753: 752: 748: 738: 736: 734: 723: 716: 715: 711: 703: 696: 686: 684: 683:. Red 5 Limited 676: 672: 671: 664: 660: 655: 648: 641: 634: 627: 623: 608:102,574 ounces 448:165,802 ounces 435:237,036 ounces 421:150,484 ounces 407:194,540 ounces 393:230,357 ounces 373:Cost per ounce 356: 275: 249:, formerly the 219: 134: 132: 128: 125: 120: 117: 115: 113: 112: 72: 71: 70: 69: 66: 65: 64: 63: 59: 28: 23: 22: 15: 12: 11: 5: 1894: 1892: 1884: 1883: 1878: 1873: 1868: 1858: 1857: 1851: 1850: 1848: 1847: 1842: 1837: 1827: 1824: 1823: 1820: 1819: 1817: 1816: 1811: 1805: 1803: 1796: 1790: 1789: 1786: 1785: 1783: 1782: 1777: 1771: 1769: 1765: 1764: 1762: 1761: 1755: 1753: 1746: 1740: 1739: 1736: 1735: 1733: 1732: 1726: 1724: 1717: 1711: 1710: 1707: 1706: 1704: 1703: 1698: 1693: 1688: 1683: 1678: 1673: 1667: 1665: 1661: 1660: 1658: 1657: 1652: 1647: 1642: 1637: 1632: 1626: 1624: 1617: 1611: 1610: 1607: 1606: 1604: 1603: 1597: 1595: 1588: 1582: 1581: 1578: 1577: 1575: 1574: 1569: 1564: 1559: 1554: 1549: 1544: 1539: 1533: 1531: 1527: 1526: 1524: 1523: 1518: 1513: 1508: 1503: 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Index

Tarmoola
King of the Hills Gold Mine is located in Western Australia
Leonora
State
Western Australia
Australia
28Β°39β€²58β€³S 121Β°10β€²01β€³E / 28.66611Β°S 121.16694Β°E / -28.66611; 121.16694
Gold
ounces
Red 5 Limited
www.red5limited.com
Leonora, Western Australia
care and maintenance
Red 5 Limited

Kalgoorlie
Leonora
Camelot Resources
Teck Corporation
Pacmin Mining
Red 5 Limited
Darlot-Centenary Gold Mine


"2023 Annual Report"


St Barbara annual report 2005
Geology of Australian and Papua New Guinean mineral deposits
ISBN

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