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WPG Resources (formerly Western Plains Gold) was a mining company focusing on exploration, evaluation and development of gold and coal projects in South Australia. Western Plains Gold was founded in 2004 and listed on the
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
(ASX) on 23 August 2005. The company was placed in receivership on 8 August 2018. It was delisted from the ASX on 3 February 2020. The company operated the Challenger underground gold mine and 650,000 tonnes per annum capacity mill at Tarcoola, South Australia, and the Perseverance open pit mine 130 km to the southeast.


Port Pirie iron ore export proposal

The company purchased land and proposed to construct an enclosed iron ore stockpiling and associated loading facilities at Port Pirie on the eastern shore of
Spencer Gulf The Spencer Gulf is the westernmost and larger of two large inlets (the other being Gulf St Vincent) on the southern coast of Australia, in the state of South Australia, facing the Great Australian Bight. It spans from the Cape Catastrophe and ...
, South Australia. The loading method proposed was transshipment by barge to waiting Cape or
Panamax Panamax and New Panamax (or Neopanamax) are terms for the size limits for ships travelling through the Panama Canal. The limits and requirements are published by the Panama Canal Authority (ACP) in a publication titled "Vessel Requirements". ...
vessels. In 2011, the company sold iron ore assets to
OneSteel Arrium was an Australian mining and materials company, employing nearly 10,000 workers, that went into voluntary administration in 2016 with debts of more than $2 billion. In 2017 it was acquired by British-owned Liberty House Group. His ...
. The assets included the Peculiar Knob iron deposit, located in the Woomera Protected Area.OneSteel buy Peculiar Knob iron assets
NineMSN 22 August 2011 In November 2014, the company announced that it would sell its land at Port Pirie to help fund its gold development projects.


Diversification

In 2014, Tunkillia and Tarcoola gold projects were acquired by WPG Resources, marking the completion of the company's transition from an iron ore explorer to a diversified exploration and mining company. In 2015, WPG had a portfolio of exploration projects in South Australia covering a combined area of 5,373 square kilometres, including advanced gold projects. Targeted commodities included gold, nickel, base metals, iron ore and coal.


References

{{Reflist Companies based in Sydney Companies formerly listed on the Australian Securities Exchange Mining companies of Australia Non-renewable resource companies established in 2004 Non-renewable resource companies disestablished in 2018 2004 establishments in Australia 2018 disestablishments in Australia