Hellyer gold mine: Hellyer on a high
The Hellyer gold mine near Beaconsfield in Tasmania has been revived by NQ Minerals, which is mining a waste tailings resource predicted to generate $706m over a 10-year mine life. The company ramped up to production late in 2018 after acquiring the mine and its assets in 2017, and is looking for the next big project. NORTHERN Queensland Minerals (NQ Minerals) will see out its inaugural year of production at its flagship, 100pc-owned Hellyer mine on a high note. The company acquired Hellyer gold mine, an 8mt reserve of high-grade tailings, in 2017, and after a relatively short ramp-up period, started production late in 2018 dredging the tailings for lead, zinc and precious metals concentrates. The project has a 10-year...