Jundee Mine

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A gold mine owned by Newmont as of 2011. Production began in 1995 from a complex of open pits and two underground mines at Newmont Jundee, in the heart of the remote Yandal goldfield. By 2007, the last remaining open pit closed, leaving just two underground mines producing. Open pit mining could resume as soon as 2010 if drill tests reveal sufficient yields away from the original mine.

The Jundee Gold Mine is an active gold mine in Western Australia, approximately 55 km north east of the town of Wiluna, owned by Newmont Mining.

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

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.

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

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.

The mine was operating as an open pit and underground mine until 2007, when the last open pit closed. Newmont plans to return to open pit mining in 2010 if drilling results are positive. Currently, the mine is scheduled to close in 2013 but Newmont hopes to extend its live time.

In 2007, the mine employed 552 people, in 2008 528, of which 155 were permanent staff and the rest contractors.

ProductionYear 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 1 167,157 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

1 Figures for January to June 2002.

Reference for Newmont Information:
www.newmont.com/asia-pacific

Reference for location:
bonzle.com/c/a?a=p&p=257783&c=1&x=120%2E591913093034&y=...