Jundee Gold Mine

(Redirected from Jundee)

The Jundee Gold Mine is an active gold mine in Western Australia, approximately 47 km north east of the town of Wiluna, owned by Northern Star Resources.[2][3]

Jundee
Location
Jundee Gold Mine is located in Western Australia
Jundee Gold Mine
Jundee Gold Mine
Location in Western Australia
LocationWiluna
StateWestern Australia
CountryAustralia
Coordinates26°21′28″S 120°37′06″E / 26.35778°S 120.61833°E / -26.35778; 120.61833
Production
ProductsGold
Production320,201 ounces[1]
Financial year2022–23
History
Opened1995
Owner
CompanyNorthern Star Resources
Websitewww.nsrltd.com
Year of acquisition2014
Map

History

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Gold mines in the Mid West region

The Jundee mine was opened in 1995, originally as an open pit operation and, from 1997, also as an underground mine.[2]

Originally, the mine was owned to 51% by Great Central Mines, which acquired the remaining 49% in early 1995 for US$89 million, alongside 30% of the Bronzewing Gold Mine.[4]

In 1997, the Jundee mine was enlarged with the acquisition of the nearby Nimary Gold Mine, owned by the Eagle Mining Corporation NL.[5]

Great Central Mines, with Jundee, Bronzewing and the Wiluna Gold Mine, was taken over by Normandy Mining in June 2000 and Normandy, in turn, by the Newmont Mining Corporation in February 2002.[6][7] Newmont sold the operations to Northern Star Resources in 2014.[8]

The mine was operating as an open pit and underground mine until 2007, when the last open pit closed. Newmont planned to return to open pit mining in 2010 if drilling results were positive.[9][10] Open pit mining commenced again under the subsequent owner, Northern Star Resources, during the 2019–20 financial year.[11]

In June 2014, Northern Star Resources completed the purchase of the mine from Newmont at a cost of $US82.5 million. Earlier in the year, Northern Star had already purchased the Plutonic, Kanowna Belle and Kundana Gold Mines from Barrick Gold for US$100 million, making the company Australia's second-largest gold producer, behind Newmont, at the time.[12][13]

As of 2024, the mine expands its electricity system with 24 MW wind power, 16.9 MWp solar power and a 12 MW / 13.4 MWh battery, supplying half of the mine's power needs.[14]

Production

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Jundee

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Annual production of the mine:[15][16][17][18][19][20]

Year Production Grade Cost per ounce
1997-98 293,016 ounces 3.32 g/t A$327
1998-99 385,088 ounces 4.26 g/t US$186
2000 359,186 ounces 4.31 g/t A$350
2001 403,689 ounces 6.08 g/t A$262
2002 [2] 167,157 ounces 5.16 g/t A$320
2003
2004
2005 341,800 ounces
2006 305,400 ounces
2007 291,900 ounces 4.93 g/t
2008 376,900 ounces 6.83 g/t
2009 412,300 ounces
2010
2011
2012
2013
2014

Yandal Production Centre

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Production figures for the mine under the ownership of Northern Star Resources. From 2020, Northern Star reported combined figures for the Yandal Production Centre, which consist of Jundee and the Bronzewing Gold Mine. The Thunderbox Gold Mine was also added to the Yandal operations in 2021 period but production figures were reported separately for 2020–21. The Bronzewing mine, acquired in 2019, remained in care and maintenance:[11][21][22][23][1]

Year Production Grade Cost per ounce
2014–15
2015–16 209,515 ounces 5.5 g/t A$1,007
2016–17 233,556 ounces 5.2 g/t A$948
2017–18 283,288 ounces 5.4 g/t A$870
2018–19 295,053 ounces A$981
2019–20 294,279 ounces A$1,095
2020–21 286,676 ounces A$1,278
2021–22 310,225 ounces 3.9 g/t A$1,295
2022–23 320,201 ounces 3.6 g/t A$1,365

Notes

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  • ^[1] Production figure is for the combined Yandal Production Centre, which consists of the Jundee and Bronzewing Gold Mine. The Bronzewing mine remained in care and maintenance during the 2019 to 2021 period. The Thunderbox Gold Mine was also added to the Yandal operations during that time period but production figures were reported separately.
  • ^[2] Figures for January to September 2002.

References

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  1. ^ a b "2023 Annual Report". www.nsrltd.com. Northern Star Resources. Retrieved 25 February 2023.
  2. ^ a b Jundee, Western Australia Newmont website, accessed: 20 December 2009
  3. ^ "Northern Star – Jundee". Retrieved 15 November 2019.
  4. ^ Gold Mine Stakes Sold The New York Times, published: 6 February 1995, accessed: 19 December 2009
  5. ^ Charles Bennett Bass - Director of Eagle Mining Corporation NL aquilaresources.com.au, accessed: 15 February 2010
  6. ^ "View Acquires Bronzewing" (PDF). View Resources Limited website. 15 June 2004. Archived from the original (PDF) on 10 October 2009. Retrieved 16 December 2009.
  7. ^ View Project Owners: Jundee - Nimary Archived 2008-09-11 at the Wayback Machine accessed: 19 December 2009
  8. ^ "Newmont Mining - Newmont Completes Sale of Jundee Underground Gold Mine in Australia". www.newmont.com. Archived from the original on 5 November 2017.
  9. ^ The Asia Pacific Region Newmont website, accessed: 20 December 2009
  10. ^ Beyond the mine Newmont website, published: 2009, accessed: 20 December 2009
  11. ^ a b "2019 Annual Report". www.nsrltd.com. Northern Star Resources. Retrieved 8 April 2022.
  12. ^ McKinnon, Stuart (13 May 2014). "Northern Star buys Jundee for $US82.5m". The West Australian. Retrieved 8 April 2022.
  13. ^ Validakis, Vicky (3 July 2014). "Northern Star completes takeover of Jundee gold mine". Australian Mining. Retrieved 8 April 2022.
  14. ^ "Blades for wind project at remote gold mine arrive after 850km journey". RenewEconomy. 19 February 2024.
  15. ^ Fourth Quarter Activities Report - Part B GMC ASX announcement, published: 30 July 1998, accessed: 14 February 2010
  16. ^ Normandy Mining Ltd - 1999 Mine-by-Mine Operating Results Archived 2003-08-29 at the Wayback Machine accessed: 14 February 2010
  17. ^ The Australian Mines Handbook: 2003-2004 Edition, page 96
  18. ^ The Australian Mines Handbook: 2003-2004 Edition, page 9
  19. ^ Fourth Quarter and 2006 Results Newmont ASX announcement, published:23 February 2007, accessed: 20 December 2009
  20. ^ 2009 Annual report Newmont website, accessed: 9 May 2010
  21. ^ "2021 Annual Report". www.nsrltd.com. Northern Star Resources. Retrieved 8 April 2022.
  22. ^ "Jundee Mine". Mining Data Solutions. Retrieved 8 April 2022.
  23. ^ "2022 Annual Report". www.nsrltd.com. Northern Star Resources. Retrieved 1 March 2023.

Bibliography

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  • Louthean, Ross (ed.). The Australian Mines Handbook: 2003-2004 Edition. Louthean Media Pty Ltd.
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