Asset report

Mount Morgans (Closed) gold mine

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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.

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  • Document

    Mount Morgans (Closed) gold mine

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    Mount Morgans (Closed) gold mine

    PDF 364.91 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Geology
  • Operations

Tables and charts

This report includes 2 images and tables including:

Images

  • Detailed map

Tables

  • Key facts: Table 1

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