Tag: Mining in Victoria

    All images: Northparkes Mine    BY: JESSICA CUMMINS    After achieving record breaking results at its mine and ore processing plant last year, Northparkes copper-gold mine expects to see similar results this year as it continues to work towards a century of mining together.   OPERATING for more than two decades, and with mine life now extended through to 2032, the Northparkes operation is well positioned to reach new heights in coming years. Previously owned by Rio Tinto, the project – which also comprises a farm – sits on 6000 hectares with a 1630ha mining lease. The joint venture between China Molybdenum and Sumitomo Group broke two production records in the underground mine (producing 6.46 million tonnes of...

Image: Chalice Gold.   BY ELIZABETH FABRI   RECENT success at Kirkland Lake’s Fosterville gold mine has sparked a new wave of activity in regional Victoria. But it’s not just gold; zinc-copper, battery metals, and mineral sands projects are also accelerating toward development.   Victoria's mining sector, which has flown under the radar for years, has been reinvigorated. News the Fosterville gold project will be ramping up production to 400,000 ounces per annum by 2020, after mine resources were upgraded from 1moz to 1.7moz earlier this year has caused a buzz. Just ask Melbourne Mining Club chairman Richard Morrow. The industry advocate told The Australian Mining Review the Fosterville update had opened up new opportunities for Victorian miners, and the...

DESPITE a long history digging up gold and coal across its major mining hubs – Bendigo, Stawell, the Gippsland Basin and Latrobe Valley – Victoria currently ranks the least or second least attractive destination for minerals investment. Yet the State is the METS capital of the country; and through Government backing more investment is expected to flow into the region. A proud advocate of mining in the State, Victorian Resources minister Wade Noonan spoke to Elizabeth Fabri about the importance of mining and the programs in place to promote growth.   Q. While Victoria doesn't top the list for mining investment in Australia it does have a proud history. How important is mining to the State economy?   The mining...