Downer
HomeMinesVICAugusta
1023 HEATHCOTE- NAGAMBIE RD COSTERFIELD VIC , 3523
P: 03 5431 0400 F: 03 5433 3612
www.mandalayresources.com

AUGUSTA

  • Information
  • Jobs
  • Owner
  • Map
  • Major Contractor
  • What is mined
About:

The underground Augusta gold and antimony mine in Central Victoria is fully owned by Mandalay Resources, a Canadian mining company that has mines in Australia and Chile.


The Augusta Deposit Lies at the Southern end of the Costerfield Gold Zone
The Augusta Mine, that is located at the small town of Costerfield, 100
kilometres north of Melbourne, 10 kilometres east of Heathcote and 50 kilometres east of Bendigo, is an underground mine extracting gold and antimony from the steeply dipping Augusta East lode, West lode and North lode, all at the southern end of the Costerfield gold zone.


Augusta Mine Accessed by a Decline
The ore is taken from the mine via a decline, four metres high by four metres wide, with a grade of one metre in eight. Mining is accomplished by the usual cut and fill method using blast hole stoping with cement and rock fill. The Augusta orebody was first developed as an underground operation in 2006 by AGD Mining Pty Ltd, a subsidiary of Cambrian Mining Limited, who in turn was owned by Western Canadian Coal Corporation. However, in 2009 it was purchased by Mandalay Resources Corporation, another Canadian mining company.


New Reserves Keep Pace with Production Increase at Augusta Mine
Mandalay Resources immediately set about pushing up production at the Augusta Mine to 5,000 tonnes of ore a month along with locating new reserves, particularly in the Augusta East and West lodes. In 2011 the company discovered the Cuffley lode, a lode that will be fully analysed economically by mid 2013. This discovery is expected to extend the life of mine considerably as well as open up other new veins in the same district.


Augusta ore Treated at the Brunswick Gold Processing Plant
The tenements at Costerfield, owned by Mandalay Resources, currently add up to 7,540.78 hectares. 1,219.30 hectares is held as its main mining licence with the balance covering two exploration licences. The gold processing plant that treats the Augusta Mine's gold bearing ore was built in 1995 to re-process tailings left over from the workings of the Brunswick deposit which was an open cut operation.


Production Increase on Previous Year Matched by Aggressive Drilling Program
For the first quarter of 2012 the Augusta Mine produced 6,203 ounces of gold and 766 tonnes of antimony, a mineral used widely in the cosmetic industry. This production level was considerably greater than for the same quarter of the previous year. The production increase was mainly due to refinements being made to the method of using cemented rock fill in long hole stoping, as well as increased throughput obtained following the installation of a mobile crusher in the third quarter of the 2011.


The exploration program that was launched in 2011 and included the Augusta Mine's Deeps project, consisted of 11,500 metres of drilling with the purpose of extending the Augusta ore shoot. It also included the Brownfield project that included 4,000 metres of drilling to confirm additional ore shoots in the surrounding Costerfield district.


The Costerfield project, that includes the Augusta Mine, contains a growth portfolio that takes in early to late stage mining programs. Mandalay Resources expects early stage success that will allow it to restock its late stage mining programs so that the current drilling program will be able to continue to grow reserves several years out.
 

Mandalay Resources

Mandalay Resources' business strategy is to acquire, develop and improve mineral resource assets.Based in Toronto, Mandalay Resources through the subsidiary AGD owns and operates the Costerfield mine in Vic. This gold- antimony mine is located 50 km east of Bendigo, totalling over 7,540 Hectares.

ADDRESS

Mandalay Resources
1023 Heathcote- Nagambie Rd
Costerfield, VIC 3523

OTHER INFO

Phone0354310400
fax0354333612

View Mandalay Resources Page

We Currently have No Jobs Specified for

AUGUSTA

Visit Jobs Section

No Information listed at this time ......

Following are the resources mined at Augusta

Y Fronts teaser banneriComplii MiningLink prefered resume writers Civil Link Banner
Boilermakers
Boilermakers required for various roles for fixed plant and mobile equipment shutdowns

Riggers Dido


Operator Maintainer
Bis Industries requires an Operator Maintainer to join our operations at Karara, this is offered FIFO on 2:1 roster from Perth, come join the team!

Mc Truck Drivers Gunnedah
Bis Industries is seeking MC Drivers commencing at Gunnedah on a Monday to Friday roster and every other Saturday as required.

Mc Drivers Goldfields
Seeking expressions of interest from experienced MC Drivers, in consideration for multiple opportunities across our operations in the Goldfields.

Prelude Arrives In Australia
Shell Australia's Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters this week after its 5,800km journey from the Samsung Heavy Industries shipyard in Geoje, ....

Australia's Largest Testing Rig Unveiled In Rocky
Siemens has invested $5 million into the Rockhampton Service Centre, which unveiled this week, Australia’s largest and most advanced gearbox load test rig for mining, wind power and other core ....

Dinosaur Find At Qld Mine Site
Palaeontologists and volunteers will work over the next month excavating and studying 30,000-year-old dinosaur bones at the South Walker Creek mine in Central Queensland. The team of eight people, ....

Black Thoated Finch Puts New Coal Mine At Risk
The controversial black throated finch is back to cause problems for Adani with a fresh legal challenge over the planned Carmichael coalmine. New advice has found the federal environment ....

Monadelphous Awarded $55M In Contracts
Monadelphous Group Limited announced on Wednesday it has been awarded a number of new work packages with a combined value of approximately $55 million. The engineering company will carry out ....

iComplii