UNDERGROUND

Commercial pace achieved at Mt Morgans

Dacian Gold said that January 1 was the effective date for commercial production at Mt Morgans

This article is 6 years old. Images might not display.

The 100%-owned mine near Laverton achieved feasibility study design levels over the December financial period, with combined production of 37,930oz - a spike of 30% over the September quarter. Its plan outlines increasing production over the 2019 financial year.

Gold pours at Mt Morgans over the December period totaled 38,479oz, Dacian Gold added.

Mining is now underway both underground at the Beresford South, Beresford North and Allanson declines at Westralia, and higher-grade ore is projected to be mined at the Cornwall shear zone within the Jupiter open pit later in the March quarter.

Dacian Gold executive chairman and CEO Rohan Williams said the commercial declaration is the newest example of it meeting development and production targets.

"We are pleased to have achieved this important milestone - exactly when we said we would," he said.

"It was an outstanding quarter. Again, this ramp‐up is in line with our stated objective of materially increasing quarterly production levels over the course of FY2019."

Dacian first acquired the Mt Morgans complex in 2012. First pour was recorded in late March 2018.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions