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White Foil Gold Mine

Coordinates: 30°45′S 121°15′E / 30.750°S 121.250°E / -30.750; 121.250
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White Foil
Location
White Foil Gold Mine is located in Australia
White Foil Gold Mine
White Foil Gold Mine
Location in Australia
LocationKalgoorlie
StateWestern Australia
CountryAustralia
Coordinates30°45′S 121°15′E / 30.750°S 121.250°E / -30.750; 121.250
Production
Productioninactive
Financial year2008–09
History
Opened2002
Closed2003
Owner
CompanyLa Mancha Resources
WebsiteLa Mancha website
Year of acquisition2006

The White Foil Gold Mine is a gold mine 23 km south-west of Kalgoorlie, Western Australia. It is currently owned by La Mancha Resources and has been in care and maintenance since 2003, but is scheduled to reopen in March 2010.[1]

La Mancha also owns 51% of the Frog's Leg Gold Mine, located 19 km west of Kalgoorlie.

History

The White Foil deposit was discovered in 1996.[1]

The mine, then own jointly by Mines and Resources Australia (51%) and AurionGold Limited (49%), started operations in February 2002.[1] Ore was treated at the Paddington Gold Mine, which, at the time, was owned by AurionGold,[2] and the first gold pour took place in August 2002.[1]

The mine was placed in care and maintenance in August 2003, after excessive flow of saline water into the open pit.[3]

AurionGold was taken over by Placer Dome Limited in January 2003.[4][5] Placer Dome in turn was taken over by Barrick Gold in March 2006.[6]

In September 2006, La Mancha Resources announced the takeover of Mines and Resources Australia, a subsidiary of the French company Areva,[7] and thereby the White Foil mine.[8] The company dewatered the flooded pit in 2007 and 2008.[1]

On 27 January, La Mancha announced that ore from White Foil would toll-treat at the new Three Mile Hill treatment plant at the Coolgardie Gold Mine, owned by Focus Minerals.[9] Mining at White Foil is to resume in March 2010.[1]

Production

Production figures of the mine:

Year Gold
production
Grade Cost per ounce
2002-03 [3] 120,000 ounces
2004–2007 inactive
2008 [3] 1,910 ounces
2009 inactive

Sources

References

  1. ^ a b c d e f White Foil La Mancha website, accessed: 31 January 2010
  2. ^ The Australian Mines Handbook: 2003-2004 Edition, page: 133
  3. ^ a b c LA MANCHA'S 2010 GOLD PRODUCTION SET TO INCREASE BY UP TO 48% La Mancha announcement, published: 25 January 2010, accessed: 31 January 2010
  4. ^ The Australian Mines Handbook: 2003-2004 Edition, page: 118
  5. ^ AURIONGOLD LIMITED (AOR) delisted.com.au, accessed: 2 October 2009
  6. ^ PLACER DOME INC (PDG) delisted.com.au, accessed: 2 October 2009
  7. ^ Historique AREVA NC accessed: 7 January 2010
  8. ^ La Mancha Closes Transaction La Mancha website, published: 28 September 2006, accessed: 6 January 2010
  9. ^ La Mancha Toll Treatment Agreement Focus ASX website, published: 27 January 2010, accessed: 30 January 2010