First Ore Mined at Mount Morgans Beresford Underground
Dacian Gold has achieved another key development milestone at its Mount Morgans gold project, located 25 kilometers (km) southwest of Laverton in Western Australia, with underground mine development at Beresford intersecting first ore on October 4, four weeks ahead of schedule.
Underground mining commenced at Beresford in mid-May and, by the end of September, 1,837 meters (m) of underground development had been completed compared with the feasibility study schedule of 1,509 m, a total of 328 m ahead of schedule.
Proposed WA Royalty Increase Blocked in Parliament
A plan to increase the royalty on gold produced in Western Australia (E&MJ, October 2017, p. 18), announced in early August by the state’s Labor government, was voted down in the Western Australia Parliament on October 10 by a coalition of the opposition Liberal party and several minority parties. The government had planned to raise gold royalties from 2.5% to 3.75% from January 2018 in an attempt to raise almost A$400 million for use in curtailing the state’s debt, which, according to a report in WAtoday, is expected to peak at around A$43.8 billion by 2020.
Construction Activity Begins at Heron’s Woodlawn Project
Heron Resources has initiated construction activity at its Woodlawn zinc-copper-lead redevelopment project 250 kilometers (km) southwest of Sydney, New South Wales, Australia. Ertech, which has the earthworks contract, is fully mobilized, including 45 personnel and a fleet of four scrapers, two bull dozers, five excavators, nine dump trucks and a variety of other support machines.