WPG Resources to commence mining at Tarcoola in Australia

14 November 2016 (Last Updated November 14th, 2016 18:30)

South Australian company WPG Resources has announced that its board of directors has opted to start mining at Tarcoola, Australia.

South Australian company WPG Resources has announced that its board of directors has opted to start mining at Tarcoola, Australia. 

The board's decision follows approval from the South Australian Department of State Development for the project’s Program for Environment Protection and Rehabilitation (PEPR), as well as payment of $72,000 into a Significant Environmental Benefit vegetation clearance offset account, and lodgment and registration of the mine closure rehabilitation bond of $1.76m. 

WPG Resources will now advance the project for immediate development.

"WPG Resources will now advance the project for immediate development."

The company has awarded all contracts for the mine development, and necessary equipment was also deployed at the site. It has finalised refurbishment of the Tarcoola Hospital and other WPG-owned buildings within the township to accommodate its staff and employees.

Staff and contractors will start reaching the site from this week.

Ore procured from the mine will be transported to the Challenger CIP plant for treatment. The facility is located 165km from the site.

The company predicts that it will be able to deliver the first ore to Challenger for refining by mid-December. Tarcoola is one of the new gold mines in South Australia.

WPG Resources expects to transform itself into a mid-tier gold producer with successful development of the mine.