Indee
Location
Indee Gold Mine is located in Western Australia
Indee Gold Mine
Indee Gold Mine
Location in Western Australia
LocationWhim Creek
StateWestern Australia
CountryAustralia
Coordinates20°53′51″S 118°11′26″E / 20.89753°S 118.19051°E / -20.89753; 118.19051
Production
ProductsGold
Production0
Financial year2020–21
History
Opened2006
Closed2008
Owner
CompanyDe Grey Mining
Websitedegreymining.com.au
Year of acquisition2017

The Indee Gold Mine is a gold mine located 37 km east of Whim Creek, Western Australia. The mine was formerly owned by Range River Gold,[1] The mine has been placed in care and maintenance since October 2008.[2] but is now owned by De Grey Mining. At Indee, gold was extracted from the ore through heap leaching.[3]

The mine is located in the Pilbara region of Western Australia, an area more commonly known for its large iron ore mines rather than gold mining.[4][5]

History

Range River Gold, listed on the Australian Securities Exchange, the ASX, in 2002, first acquired an interest in the Indee Gold Project through the purchase of Opus Exploration Pty Ltd in September 2003. It increased this interest to 70% in 2004.[2][6]

The company commenced mining at Indee in April 2006 but announced in September 2007 that mining operations would wind down again. It ceased mining in December 2007 but continued processing operations until October 2008, when the mine was placed in care and maintenance, having produced 30,000 ounces of gold during its operational history.[2]

After having received acceptance to buy the mine in 2017, De Grey Mining acquired the mine in July 2019 for A15 million.[7][8]

References

  1. ↑ MINEDEX website - Indee search result Archived 11 September 2008 at the Wayback Machine accessed: 2 August 2010
  2. 1 2 3 HISTORY Range River website, accessed: 2 August 2010
  3. ↑ Indee Gold Mine Update Range River ASX announcement, published: 18 July 2006, accessed: 2 August 2010
  4. ↑ More to the Pilbara than iron ore – Part 2 miningnewspremium.net, published: 6 May 2010, accessed: 2 August 2010
  5. ↑ Gold strike in Pilbara lights up De Grey The Sydney Morning Herald, published: 9 December 2003, accessed: 2 August 2010
  6. ↑ The Australian Mines Handbook: 2003–2004 Edition, page: 93
  7. ↑ Hosie, Ewen (19 July 2019). "De Grey builds warchest for Pilbara growth". Australian Mining. Retrieved 26 April 2022.
  8. ↑ McKinnon, Stuart (9 February 2017). "De Grey up on option to buy Indee project for $15m". The West Australian. Perth. Retrieved 26 April 2022.

Bibliography

  • Louthean, Ross (ed.). The Australian Mines Handbook: 2003-2004 Edition. Louthean Media Pty Ltd.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.