Higginsville Gold Mine
Encyclopedia
The Higginsville Gold Mine is a gold mine
located near Higginsville
, 45 km north of Norseman
, Western Australia
.
It is currently owned by Avoca Resources Limited
. Avoca has made headlines in 2009 when it became engaged in a bitter dispute with Ramelius Resources over conflicting takeover bids for Dioro Exploration NL. Avoca eventually had to drop its bid for Dioro, having reached a 44.85% interest in Dioro at the close of the offer on 20 August, short of the 50% needed. Ramelius's offer for the company closes on 8 February 2010. Avoca made a renewed takeover offer for the company in late December 2009. Avoca eventually succeeded in its bit for Dioro and, on 21 April 2010, Dioro was delisted from the ASX.
, who had also purchased the near-by St Ives Gold Mine
from WMC Resources
in 2001.
Avoca, listed on the Australian Securities Exchange
in 2002, paid A$
6.25 million to Gold Fields for its Higginsville exploration project in June 2004. After discovering the Trident deposit in late 2004, Avoca raised $125 million in April 2007 to build a new mine at Higginsville. Also in 2007, Avoca purchased the neighbouring Chalice deposit from Chalice Gold Mines Limited. Gold production at the mine begun in 2008 from underground operations, with a first gold pour on 1 July 2008.
Gold mining
Gold mining is the removal of gold from the ground. There are several techniques and processes by which gold may be extracted from the earth.-History:...
located near Higginsville
Higginsville, Western Australia
Higginsville is the name of an abandoned town in the Goldfields-Esperance Region of Western Australia. At the 2006 census, Higginsville had a population of 64....
, 45 km north of Norseman
Norseman, Western Australia
Norseman is a town located in the Goldfields-Esperance region of Western Australia along the Coolgardie-Esperance Highway, east of Perth and above sea level. It is also the starting point of the Eyre Highway, and the last major town in Western Australia before the South Australian border to the...
, Western Australia
Western Australia
Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...
.
It is currently owned by Avoca Resources Limited
Avoca Resources Limited
Avoca Resources Limited was an Australian gold mining company, based in Perth, Western Australia. It merged in with Anatolia Minerals Development Limited in 2011 to form Alacer Gold....
. Avoca has made headlines in 2009 when it became engaged in a bitter dispute with Ramelius Resources over conflicting takeover bids for Dioro Exploration NL. Avoca eventually had to drop its bid for Dioro, having reached a 44.85% interest in Dioro at the close of the offer on 20 August, short of the 50% needed. Ramelius's offer for the company closes on 8 February 2010. Avoca made a renewed takeover offer for the company in late December 2009. Avoca eventually succeeded in its bit for Dioro and, on 21 April 2010, Dioro was delisted from the ASX.
History
The Higginsville mine was in operation in the 1990s, its mill ceasing work in October 1997. Mining continued until early 2000, with ore being milled at the Chalice Gold Mine. The mine was then owned in parts by the St Ives Gold Mining Company, a subsidiary of Gold FieldsGold Fields
Gold Fields Limited is a South African gold mining firm, one of the world’s largest, which is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange ....
, who had also purchased the near-by St Ives Gold Mine
St Ives Gold Mine
The St Ives Gold Mine is a gold mine located 20 km south-east of Kambalda, Western Australia. It is owned by the South African mining company Gold Fields.It is one of two mines the company operates in Australia, the other being the Agnew Gold Mine....
from WMC Resources
WMC Resources
WMC Resources Limited was an Australian diversified mining and fertilizer company formerly listed on the Australian Stock Exchange. WMC was an acronym for Western Mining Corporation. It was delisted on 29 June 2005 following a successful takeover by BHP Billiton...
in 2001.
Avoca, listed on the Australian Securities Exchange
Australian Securities Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
in 2002, paid A$
Australian dollar
The Australian dollar is the currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu...
6.25 million to Gold Fields for its Higginsville exploration project in June 2004. After discovering the Trident deposit in late 2004, Avoca raised $125 million in April 2007 to build a new mine at Higginsville. Also in 2007, Avoca purchased the neighbouring Chalice deposit from Chalice Gold Mines Limited. Gold production at the mine begun in 2008 from underground operations, with a first gold pour on 1 July 2008.
Production
Production of the mine:| Year | Production | Grade | Cost per ounce |
| 1997 | 57,923 ounces | 2.94 g/t | A$ Australian dollar The Australian dollar is the currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu... 504 |
| 1998 | |||
| 1999 | 801 ounces | ||
| 2000–2008 | inactive | ||
| 2008-09 | 131,227 ounces | 3.8 g/t | |
| 2009-10 | |||
Further reading
Sources
- Place Names Search Results - Higginsville Geoscience AustraliaGeoscience AustraliaGeoscience Australia is an agency of the Australian federal government. It carries out geoscientific research.On a user pays basis it produces geospatial products such as topographic maps and satellite imagery.-History:...
website - The Australian Mines Handbook: 2003-2004 Edition, Louthean Media Pty Ltd, Editor: Ross Louthean
- Western Australian Mineral and Petroleum Statistics Digest 2008 p. 34: Principal Mineral and Petroleum Producers - Gold