Plutonic_Gold_Mine

Plutonic Gold Mine

Plutonic Gold Mine

Gold mine in Western Australia

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

Quick Facts Location, State ...

It is owned and operated by Catalyst Metals Limited after a merger with the previous owner, Canadian miner Superior Gold, in June 2023. It is located in the Plutonic Well Greenstone Belt. 5.5 million ounces of gold have been produced from both open pit and underground operations at Plutonic, since it opened in 1990.[2]

History

Gold mines in the Mid West region

In 1988, Great Central Mines discovered the deposit which was to become Plutonic, which it sold for A$50 million in 1989,[3] to Plutonic Resources, then a major Australian gold mining and exploration company, who commenced production in 1990.[4][5] Homestake Mining Company purchased Plutonic in April 1998 for more than $1.0 billion,[6] and, in turn, Homestake was acquired by Barrick Gold at the end of 2001.[7]

The mine was acquired by Superior Gold from Northern Star Resources in September 2016 who acquired it from Barrick Gold in February 2014.[8][9][10]

In June 2023, Australian gold producer Catalyst Metals Limited merged with Superior Gold and thereby acquired the project.>[11]

Production

Annual production figures for the Plutonic mine:

More information Year, Gold production ...

AISC = All-in sustaining cost

References

  1. [1]
    "Superior Gold Announces Strong Fourth Quarter and Full-Year 2021 Financial Results" (PDF). Toronto, ON: Superior Gold Inc. 25 January 2023. p. 3. Retrieved 4 March 2023.
  2. [2]
    "Plutonic Gold mine". Superior Gold Inc. Toronto, ON. Retrieved 6 January 2020.
  3. [3]
    Chairman Argus has a little bet each way The Age, published: 8 February 2008, accessed: 11 February 2010
  4. [4]
    PLUTONIC RESOURCES LIMITED (PLU) delisted.com.au, accessed: 1 January 2010
  5. [5]
    Atlantic Gold NL website Archived 12 December 2009 at the Wayback Machine accessed: 1 January 2009
  6. [6]
    Homestake Mining Company - History accessed: 1 January 2009
  7. [7]
    MINEDEX website Archived 11 September 2008 at the Wayback Machine Plutonic search result, accessed: 5 January 2010
  8. [8]
    Australia Pacific Archived 4 January 2010 at the Wayback Machine Barrick website, accessed: 4 January 2010
  9. [9]
    Northern Star looking for acquisition opportunities accessed: 8 April 2014
  10. [10]
    Barrick Gold website Barrick Announces Agreement to Divest Plutonic Mine in Australia, accessed 5 January 2014
  11. [11]
    "Annual Financial Report - 30 June 2023" (PDF). www.investi.com.au. Perth, WA: Catalyst Metals Limited. 29 September 2023. Retrieved 26 February 2024.
  12. [12]
    "Prospect - Initial Public Offering". SEDAR. Toronto, ON: Superior Gold Inc. 15 February 2017. p. 35. Retrieved 18 June 2021.
  13. [13]
    "Activities report for the Quarter ended 31 December 1997". ASX. Perth, WA: Plutonic Resources Limited. 28 January 1998. Retrieved 18 June 2021.
  14. [14]
    The Australian Mines Handbook: 2003-2004 Edition, page 121
  15. [15]
    2003 Fourth Quarter Report Archived 20 November 2010 at the Wayback Machine accessed: 1 January 2010
  16. [16]
    2004 Fourth Quarter Report Archived 28 October 2010 at the Wayback Machine accessed: 1 January 2010
  17. [17]
    Fourth Quarter & Year-End Mine Statistics 2006 Archived 22 September 2010 at the Wayback Machine accessed: 1 January 2010
  18. [18]
    Fourth Quarter & Year-End Mine Statistics 2007 Archived 22 September 2010 at the Wayback Machine accessed: 1 January 2010
  19. [19]
    Fourth Quarter & Year-End Mine Statistics 2008[permanent dead link] accessed: 1 January 2010
  20. [20]
    "Superior Gold Inc. announces fourth quarter and full year 2017 financial and operating results" (PDF). Toronto, ON: Superior Gold Inc. 14 March 2018. Retrieved 18 June 2021.
  21. [21]
    "Superior Gold Inc. announces fourth quarter and full year 2018 financial and operating results" (PDF). Toronto, ON: Superior Gold Inc. 13 March 2019. Retrieved 18 June 2021.
  22. [22]
    "Superior Gold Inc. announces fourth quarter and full year 2019 financial and operating results" (PDF). Toronto, ON: Superior Gold Inc. 13 March 2020. Retrieved 18 June 2021.
  23. [23]
    "Superior Gold announces fourth quarter and full year 2020 financial results" (PDF). Toronto, ON: Superior Gold Inc. 9 March 2021. p. 3. Retrieved 18 June 2021.
  24. [24]
    "Superior Gold Announces Strong Fourth Quarter and Full-Year 2021 Financial Results" (PDF). Toronto, ON: Superior Gold Inc. 8 March 2022. p. 4. Retrieved 18 April 2022.

Bibliography

  • Louthean, Ross (ed.). The Australian Mines Handbook: 2003-2004 Edition. Louthean Media Pty Ltd.
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