Tarmoola (Closed) gold mine

Sons of Gwalia entered administration in 3Q 2004 after revealing a large shortfall in its gold reserves, which left it unable to meet its extensive gold hedging commitments, and its bankers refused to grant a debt standstill period to allow restructuring. St Barbara Mines Limited acquired the gold division of Sons of Gwalia, including the Tarmoola mine, from the administrators in March 2005. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.