Stawell Gold Mine
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Stawell Gold Mine
The Stawell Gold Mine (SGM) is a gold mine located in the town of Stawell, Victoria. The current site was established in 1981, however mining has occurred on and around the site since the town was established in the mid 19th century. The mine reaches depths of up to 1.6 Kilometers (0.99 Miles). For a long time, the Stawell operations were closely related with those at the Fosterville Gold Mine outside Bendigo, however this changed when Arete Capital Partners purchased Stawell, but left Fosterville in the hands of Kirkland Lake Gold (Now Agnico Eagle Mines Ltd.). History Crocodile Gold obtained the mine in 2012. At a stage under ownership of Croc Gold, the mine was planned to transition to an open cut 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 ... style of mine, however env ...
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Stawell, Victoria
Stawell (pronounced /stɔːl/, "Stawl"), is an Australian town in the Wimmera region of Victoria (Australia), Victoria west-north-west of the state capital, Melbourne. Located within the Shire of Northern Grampians Local government in Australia, local government area, it is a seat of local government for the shire and its main administrative centre. At the , Stawell had a population of . It was founded in 1853 as Pleasant Creek (nice) during the Victorian gold rush. It is one of few towns in Victoria retaining an active gold mining industry. Stawell is famed for the Stawell Gift, a professional foot race that began in 1878. It is also known as the gateway to the Grampians National Park. One of the most significant Aboriginal sacred site, Aboriginal cultural sites in south-eastern Australia is Bunjil's Shelter, within the Black Range Scenic Reserve, south of Stawell. It is named after William Stawell, Sir William Foster Stawell (1815–89), the Chief Justice of Victoria. Indi ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Arete Capital Partners
''Arete'' (Greek: ) is a concept in ancient Greek thought that, in its most basic sense, refers to 'excellence' of any kind Liddell, H.G. & Scott, R. ''A Greek–English Lexicon'', 9th ed. (Oxford, 1940), s.v.br>—especially a person or thing's "full realization of potential or inherent function." The term may also refer to excellence in " moral virtue." The concept was also occasionally personified as a minor goddess, Arete (not to be confused with the mythological Queen Arete), who, together with sister Homonoia, formed the ''Praxidikai'' ('Exacters of Justice'). In its earliest appearance in Greek, this general notion of excellence was ultimately bound up with the notion of the fulfillment of purpose or function: the act of living up to one's full potential. A person of arete is of the highest effectiveness; they use all of their faculties—strength, bravery, and wit—to achieve real results. In the Homeric world, arete involves all of the abilities and potentialitie ...
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Fosterville Gold Mine
Fosterville Gold Mine is a gold mine east of Bendigo in the Australian state of Victoria. As of 2022, it was the largest gold mine in Victoria. The current mine was established by Newmarket Gold. Newmarket was taken over by Kirkland Lake Gold in 2016, and in turn that merged with Agnico Eagle Mines Limited in 2022. Gold was first discovered in the Fosterville area in 1894 and mined from then until 1903. Mining operations restarted in 2003 by a forerunner of Kirkland Lake Gold Kirkland Lake Gold Inc. was a Canadian gold mining company, based in Toronto, that owned and operated several gold mines in Canada and Australia. History The company was founded in 1988 as Goldpac Investments, and then operated as Brimstone Gold .... Commercial production from open pits was achieved in 2005 and underground mining commenced in 2006. In 2018, it was estimated to have at least six more years of operation. References Gold mines in Victoria (state) Bendigo {{VictoriaAU-geo-stub ...
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Bendigo
Bendigo ( ) is a city in Victoria, Australia, located in the Bendigo Valley near the geographical centre of the state and approximately north-west of Melbourne, the state capital. As of 2019, Bendigo had an urban population of 100,991, making it Australia's 19th-largest city, fourth-largest inland city and the fourth-most populous city in Victoria. It is the administrative centre of the City of Greater Bendigo, which encompasses outlying towns spanning an area of approximately 3,000 km2 (1,158 sq mi) and over 111,000 people. Estimated resident population, 30 June 2016. Residents of the city are known as "Bendigonians". The traditional owners of the area are the Dja Dja Wurrung (Djaara) people. The discovery of gold on Bendigo Creek in 1851 transformed the area from a sheep station into one of colonial Australia's largest boomtowns. News of the finds intensified the Victorian gold rush, bringing an influx of migrants from around the world, particularly Europe and China. B ...
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Kirkland Lake Gold
Kirkland Lake Gold Inc. was a Canadian gold mining company, based in Toronto, that owned and operated several gold mines in Canada and Australia. History The company was founded in 1988 as Goldpac Investments, and then operated as Brimstone Gold Corp. between 1994 and 1999, as a consulting and investment company in the gold mining industry. The company was renamed Foxpoint Resources Ltd. as it sought to acquire and develop its own gold mining property. In 2001, the Vancouver-based Foxpoint Resources purchased several mining properties from the Kinross Gold around Kirkland Lake, Ontario. The $5 million purchase included several former mines: Macassa Mine, Lakeshore Mine, Wright Hargreaves and Teck Hughes. The company renamed itself again as Kirkland Lake Gold and re-commissioned the underground Macassa Mine. As it continued new exploration, it was able to begin extracting gold from the mine in 2003. Kirkland Lake Gold focused on developing its Macassa mine until 2015 when it a ...
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Agnico Eagle
Agnico Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States. Agnico Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales. As of 2017, it has paid a cash dividend every year since 1983. History In 1953, five struggling mining companies joined together to become Cobalt Consolidated Mining, which would last until 1957, when the company changed its name to Agnico Mines. "Agnico" is derived from the periodic table of elements using the symbols for silver (Ag), nickel (Ni) and cobalt (Co). In 1963, visionary Paul Penna became the president of Agnico Mines, and he eventually oversaw the merger of Agnico Mines with Eagle Mines Ltd, a successful gold exploration company, enabling the development of Eagle's Joutel mining complex. The newly formed company became Agnico Eagle Mines Limited. In 1974, the Joutel mine went into ...
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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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Stawell Underground Physics Laboratory
The Stawell Underground Physics Laboratory (SUPL) is a laboratory 1 km deep in the Stawell Gold Mine, located in Stawell, Shire of Northern Grampians, Victoria, Australia. Together with the planned Agua Negra Deep Experiment Site (ANDES) at the Agua Negra Pass, it is one of just two underground particle physics laboratories in the Southern Hemisphere and shall conduct research into dark matter. The project is a collaboration between six international partners. It will be led by the University of Melbourne with the Swinburne University of Technology, the University of Adelaide, the Australian National University, the Australian Nuclear Science and Technology Organisation (ANSTO) and the Italian National Institute for Nuclear Physics. It is expected that the project will collaborate closely with the Gran Sasso Laboratory in Italy. Construction commenced in 2019, and though it was expected to be complete by the end of 2021 due to delays from corporate mergers it opened in ...
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Gold Mines In Australia
Gold is a chemical element with the 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 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. Gold often occurs in free elemental (native state), as nuggets or grains, in rocks, 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 resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is i ...
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