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Paulsens Gold Mine
The Paulsens Gold Mine is a gold mine located 105 km south of Pannawonica, Western Australia, within the pastoral lease of the Mount Stuart Station.Paulsens pours first gold
ferret.com.au, retrieved 2009-08-02
It is fully owned by , having purchased the mine from in June 2022. Production at the mine was halted in December 2017 and is currently in

Pannawonica, Western Australia
Pannawonica is an iron-ore mining town located in the Pilbara region of Western Australia, near the Robe River, about south-west from Karratha and North from Perth. At the 2016 census, Pannawonica had a population of 695. In 2011 and again in 2016, it reportedly had the highest median weekly income of any town in Western Australia and most likely Australia, due to the high income of its mine workers.Salt B Richest and poorest live in outback towns' The Australian Business, 27 November 2008 History Pannawonica was built on Yalleen Station in 1970 by Cliffs Robe River Iron Associates or C.R.R.I.A. Approximately 1986 became Robe River Iron Associates bought by Peko Wallsend an Australian Multi-national company headed by Charles Copeman an ex-Rio Tinto executive after years of company induced industrial legal strife then sold the company to Rio Tinto. Pannawonica was gazetted as a townsite in 1972. The township's name was derived from nearby Pannawonica Hill, named by a surveyor ...
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Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. The Toronto Stock Exchange was established in 1861, and incorporated by the Legislative Assembly of Ontario in 1878. The Toronto Stock Exchange became the sole Canadian exchange for senior equities in 1999. In 2002, the exchange became a publicly-traded company and rebranded from the TSE to the ''TSX'' A broad range of businesses from Canada and abroad are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trusts and investment funds. More mining and oil and gas companies are listed on Toronto Stock Exch ...
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Underground Mines In Australia
Underground most commonly refers to: * Subterranea (geography), the regions beneath the surface of the Earth Underground may also refer to: Places * The Underground (Boston), a music club in the Allston neighborhood of Boston * The Underground (Stoke concert venue) The Underground is a Nightclub, club/music venue in Hanley, Staffordshire, Hanley, Stoke-on-Trent, England. It was also part of the NME group, Club NME. It is well known for hosting several up and coming indie/rock/metal acts, and many local ban ..., a club/music venue based in Hanley, Stoke-on-Trent * Underground Atlanta, a shopping and entertainment district in the Five Points neighborhood of downtown Atlanta, Georgia * Buenos Aires Underground, a rapid transit system * London Underground, a rapid transit system Arts, entertainment, and media Films * Underground (1928 film), ''Underground'' (1928 film), a drama by Anthony Asquith * Underground (1941 film), ''Underground'' (1941 film), a war drama by Vincent Sher ...
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Gold Mines In Western Australia
Gold is a chemical element with the Symbol (chemistry), symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a Brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under Standard conditions for temperature and pressure, standard conditions. Gold often occurs in Free element, free elemental (native state (metallurgy), native state), as Gold nugget, nuggets or grains, in Rock (geology), rocks, Vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is ...
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Department Of Mines, Industry Regulation And Safety
The Department of Mines, Industry Regulation and Safety is a department of the Government of Western Australia. The department was formed on 1 July 2017, out of the former Department of Mines and Petroleum and Department of Commerce. A restructuring of the Western Australian Government Departments was part of Mark McGowan's election campaign and, in the month after taking office, the number of government departments was reduced from 41 to 25. The department, through the Geological Survey of Western Australia The Geological Survey of Western Australia is an authority within the Department of Mines and Petroleum of the Government of Western Australia that is responsible for surveying and exploration of Western Australia's geological resources. The ..., operates the Minedex website, which contains comprehensive information on mining and exploration sites and projects in Western Australia. In May 2021, the department was one of eight Western Australian Government depart ...
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Coyote Gold Mine
The Coyote Gold Mine is a gold mine located in the remote Tanami Desert in the Kimberley region of Western Australia. The mine, processing plant and camp are 17 km west of the Northern Territory border. The mine was closed in 2013 and placed on care and maintenance. Coyote is located on the land of the Tjurabalan people, the traditional owners of the area. Tanami and the Tjurabalan people signed a native title agreement in 2005 to have a mining lease granted. This also included a commitment to employ a number of Tjurabalan people. History Serious exploration for resources, especially gold, was carried out in the region from early 2000 by a number of companies, specifically AngloGold, Newmont, Tanami Gold and Otter Gold Mines Limited. Some of the area of the Coyote mine was part of an exploration lease owned by AngloGold. Tanami Gold acquired the tenement in November 2003 from AngloGold for A$14 million in cash and shares. AngloGold, in turn, had acquired it when it too ...
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Exploration Diamond Drilling
Exploration diamond drilling is used in the mining industry to probe the contents of known ore deposits and potential sites. By withdrawing a small diameter core of rock from the orebody, geologists can analyze the core by chemical assay and conduct petrologic, structural, and mineralogical studies of the rock. It is also often used in the geotechnical engineering industry for foundation testing in conjunction with soil sampling methods. History Rodolphe Leschot is often cited as being the inventor of the first core bit in 1863. Early diamond drilling opened up many new areas for mineral mining, and was related to a boom in mineral exploration in remote locations. Before the invention of the portable diamond drill, most mineral prospecting was limited to finding outcrops at the surface and hand digging. In the late 1970s, General Electric pioneered the technology of polycrystalline diamond compacts (PDCs) as a replacement for natural diamonds in drill bits. Diamond drilling Exp ...
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Spot Price
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate). A spot contract is in contrast with a forward contract or futures contract where contract terms are agreed now but delivery and payment will occur at a future date. Spot prices and future price expectations Depending on the item being traded, spot prices can indicate market expectations of future price movements in different ways. For a security or non-perishable commodity (e.g. silver), the spot price reflects market expectations of future price movements. In theory, the difference in spot and forward prices should be equal to the finance charges, plus any earnings due to the holder of the security, according to the cost of carry model. For example, on a s ...
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Hedge (finance)
A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, gambles, many types of over-the-counter and derivative products, and futures contracts. Public futures markets were established in the 19th century to allow transparent, standardized, and efficient hedging of agricultural commodity prices; they have since expanded to include futures contracts for hedging the values of energy, precious metals, foreign currency, and interest rate fluctuations. Etymology Hedging is the practice of taking a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. The word hedge is from Old English ''hecg'', originally any fence, living or artificial. The first known use of the word ...
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Higginsville Gold Mine
The Higginsville Gold Mine is a gold mine located near Higginsville, 45 km north of Norseman, Western Australia. The mine has been owned and operated by Karora Resources since 2019 and is one of two mines operated by the company in Western Australia, the other being the Beta Hunt Mine. 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 Australian Mines Handbook: 2003-2004 Edition'', pp. 92-93 The mine was then owned in parts by the St Ives Gold Mining Company, a subsidiary of Gold Fields, who had also purchased the nearby St Ives Gold Mine from WMC Resources in 2001. Avoca Resources Limited, 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 ...
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Ball Mill
A ball mill is a type of grinder used to grind or blend materials for use in mineral dressing processes, paints, pyrotechnics, ceramics, and selective laser sintering. It works on the principle of impact and attrition: size reduction is done by impact as the balls drop from near the top of the shell. A ball mill consists of a hollow cylindrical shell rotating about its axis. The axis of the shell may be either horizontal or at a small angle to the horizontal. It is partially filled with balls. The grinding media are the balls, which may be made of steel (chrome steel), stainless steel, ceramic, or rubber. The inner surface of the cylindrical shell is usually lined with an abrasion-resistant material such as manganese steel or rubber lining. Less wear takes place in rubber lined mills. The length of the mill is approximately equal to its diameter. The general idea behind the ball mill is an ancient one, but it was not until the industrial revolution and the invention of s ...
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Open-pit Mining
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling (as would be the case for cinder, sand, and gravel). In contrast, minerals that have been found underground but are difficult to retrieve due to hard rock, can be reached using a form of underground mining. To create an open-pit mine, the miners must determine the information of the ore that is underground. This is done through drilling of probe holes in the ground, then plotting ea ...
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