Harman Patil (Editor)

Plutonic Gold Mine

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Location
  
Country
  
Australia

Financial year
  
2009

State
  
Western Australia

Production
  
144,000

Company
  
Billabong Gold Pty Ltd

Plutonic Gold Mine

Address
  
Kumarina WA 6642, Australia

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

Contents

It is operated by Billabong Gold Pty Ltd and located at the Plutonic Well Greenstone Belt. The mine was acquired by Billabong Gold from the previous operator Northern Star Resources in September 2016 who acquired it from Barrick Gold in February 2014.

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History

In 1988, Great Central Mines discovered the deposit which was to become Plutonic, which the company sold for A$50 million.

The site was then owned by Plutonic Resources, a major Australian gold mining and exploration company. Homestake Mining Company purchased Plutonic in April 1998 for more than $1.0 billion, and, in turn, Homestake was acquired by Barrick Gold at the end of 2001.

Barrick Gold announced the divestment of Plutonic Gold Mine to Northern Star Resources Ltd on 22 December 2013, for A$25 million.

Production

Production figures for the mine:

References

Plutonic Gold Mine Wikipedia


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