| Jundee Gold Mine | |
|---|---|
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Jundee Gold Mine
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| Location | Wiluna |
| State | Western Australia |
| Country | Australia |
| Owner | |
| Company | Newmont Mining |
| Website | Newmont website |
| Year of acquisition | 2002 |
| ASX | NEM |
| Production | |
| Financial year | 2009 |
| Ounces of Gold | 412,300 |
| History | |
| Opened | 1995 |
The Jundee Gold Mine is an active gold mine in Western Australia, approximately 55 km north east of the town of Wiluna, owned by Newmont Mining.[1]
Contents |
The Jundee mine was opened in 1995, originally as an open pit operation and, from 1997, also as an underground mine.[1]
Originally, the mine was owned to 51% by Great Central Mines, which acquired the remaining 49% in early 1995 for US$89 million, alongside 30% of the Bronzewing Gold Mine.[2]
In 1997, the Jundee mine was enlarged with the acquisition of the nearby Nimary Gold Mine, owned by the Eagle Mining Corporation NL.[3]
Great Central Mines, with Jundee, Bronzewing and the Wiluna Gold Mine, was taken over by Normandy Mining in June 2000 and Normandy, in turn, by the Newmont Mining Corporation in February 2002.[4][5]
The mine was operating as an open pit and underground mine until 2007, when the last open pit closed. Newmont plans to return to open pit mining in 2010 if drilling results are positive.[6] Currently, the mine is scheduled to close in 2013 but Newmont hopes to extend the mine life.[7]
In 2007, the mine employed 552 people, in 2008 528, of which 155 were permanent staff and the rest contractors.[7]
| Year | Production | Grade | Cost per ounce |
| 1997-98 [8] | 293,016 ounces | 3.32 g/t | A$327 |
| 1998-99 [9] | 385,088 ounces | 4.26 g/t | US$186 |
| 2000 [10] | 359,186 ounces | 4.31 g/t | A$ 350 |
| 2001 [10] | 403,689 ounces | 6.08 g/t | A$ 262 |
| 2002 1 [10] | 167,157 ounces | 5.16 g/t | A$ 320 |
| 2003 | |||
| 2004 | |||
| 2005 [11] | 341,800 ounces | ||
| 2006 [11] | 305,400 ounces | ||
| 2007 | 291,900 ounces | 4.93 g/t | |
| 2008 | 376,900 ounces | 6.83 g/t | |
| 2009 [12] | 412,300 ounces |
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