UNDERGROUND

Edna May to move underground

Gold producer Ramelius Resources has decided to develop an underground mine at its Edna May gold operation in Western Australia at an upfront capital cost of about A$6 million (US$4.3 million) rather than commit in the order of A$100 million for a large cut back of the open pit

Michael Quinn
The  Edna May Stage 2 open pit looking west

The Edna May Stage 2 open pit looking west

The trade-off is a short mine life, with Ramelius saying the decision "is not one that has been taken lightly". The underground project has an "initial" ore reserve of 398,000t grading 4.8g/t for 61,000oz,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.