Asset report

Olinghouse (Closed) gold mine

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Report summary

Mining began in July 1998.  Production of gold from the initial shakedown run of the mill began in September 1998, and from the leach pad in December 1998.  On 6th August 1999, mining was suspended due to liquidity problems. Four out of the six leases to be mined are subject to NSR royalties of 4-6%.  Additionally, minimum lease payments of approximately $0.45M/a are payable. Capital cost was $25M.

What's included

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  • Document

    Olinghouse (Closed) gold mine

    XLS 117.00 KB

  • Document

    Olinghouse (Closed) gold mine

    PDF 608.33 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Geology
    • Mining
    • Process
  • Timeline
  • Economic assumptions

Tables and charts

This report includes 2 images and tables including:


  • Detailed map


  • Key facts: Table 1

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