Asset Report
Mount Morgans (Closed) gold mine
Report summary
Homestake acquired Plutonic Resources at the end of April 1998. Plutonic shareholders were issued 3.4 shares in Homestake for every 10 Plutonic shares held. Western Australia introduced a royalty on gold production of 1.25% from July 1998. The royalty increased to 2.5% in July 2000 at gold prices above A$450/oz; remaining at 1.25% if the price is below A$450/oz. In the accompanying analysis we have assumed an effective royalty rate of 1.875% for calendar 2000, and 2.5% for 2001 onwards.
Table of contents
- Mining
- Process
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Bronzewing (including Mount McClure from 2000) (Closed) gold mine
A detailed analysis of the Bronzewing (including Mount McClure from 2000) gold mine.
$2,250
Asset Report
Mount Hamilton (Closed) gold mine
A detailed analysis of the Mount Hamilton (Closed) gold mine.
$2,250
Asset Report
Mount Dimer (Closed) gold mine
A detailed analysis of the Mount Dimer (Closed) gold mine.
$2,250
