Who bought Beaconsfield Gold Mine?
NQ Minerals
The Beaconsfield gold mine shut down in 2012, and was purchased by NQ Minerals last February for $2 million. The mine gained global attention in 2006 when Brant Webb and Todd Russell survived two weeks underground after a mine collapse.
What happened to the Beaconsfield miners?
At 9:26 p.m. (Australian Eastern Standard Time) on 25 April 2006 a small earthquake triggered an underground rock fall at the Beaconsfield gold mine in northern Tasmania. Earlier speculation had suggested that mine blasting had caused the collapse.
Is NQ minerals listed on ASX?
It also has a 1:100 ADR traded on the OTCMarket (OTCQB: NQMIY). For further information on the Company and its projects in Tasmania and North Queensland, Australia, please visit NQ’s website at www.nqminerals.com….Latest Trades.
| Date & Time | Volume | Price |
|---|---|---|
| 21.07.21 | 08:42:34 | 61350 | 3.26 |
What role did Beaconsfield play in the Gold Rush?
Gold mining at Beaconsfield. Gold was first discovered in Beaconsfield in 1847. When the gold rush hit Victoria and New South Wales in 1851 and the Tasmanian Government offered a reward for the discovery of a payable goldfield.
What does Beaconsfield mine?
Beaconsfield Gold Mine, one of the biggest gold mines in Australia, is located in Northern Tasmania. The mine has produced 1.95 million ounces of gold during its existence. BCD Resources was the last owner of Beaconsfield and is estimated to have mined 906,089 ounces of gold since it started mining in 1999.
Did the Beaconsfield miners receive compensation?
“There’s no animosity, there’s only goodwill,” Mr Shorten said. As part of the redundancies, both will receive a monetary package worth roughly two weeks pay and $2,000 for every year served, he said. Each has reportedly worked at the mine for at least five years.
Is NQ minerals in administration?
NQ Minerals Plc has today been placed into Administration by a unanimous vote of the Directors of the Company. The underlying operating companies continue to trade in their normal course of business, and the underlying Hellyer operations continue to perform well.
What is NQMI?
Non Q-wave myocardial infarction (NQMI)
What ore was being mined at Beaconsfield?
When was gold discovered in Beaconsfield?
1847
Gold was first discovered in Beaconsfield in 1847. However it was not until 1877, when brothers William and David Dally discovered the cap of a payable gold reef on the eastern slope of Cabbage Tree Hill, that the intensive mining of the area really began. This reef later became known as the famous Tasmania Reef.
What is the history of the Beaconsfield gold mine?
Mining at Beaconsfield is centred on the rich Tasmania Reef. Prospectors discovered the Tasmania Reef in 1877. Mining between 1877 and 1914 yielded 854,600 ounces of gold at an average grade of 24.3 g/t. Dewatering difficulties caused the mine’s closure in 1914.
Why invest in Beaconsfield gold (BCD)?
Beaconsfield Gold (ASX: BCD) – Corporate Profile ASX-listed (BCD) junior 400M shares on issue Market cap A$66M (at 16c) 100% effective economic interest in Beaconsfield Mine Generating strong cashflow from production of 80,000 oz per annum Malaysia Smelting Corporation:
How much did Stavely minerals pay for Beaconsfield?
Stavely Minerals will acquire the Beaconsfield processing plant, mining lease and associated infrastructure for $3 million. Stavely Minerals (ASX: SVY) has entered an agreement to snap up the 350,000 tonne per annum Beaconsfield gold processing plant in Tasmania.
How big is the mining lease at Beaconsfield?
The Mine 1 593 hectares of mining lease covering the famous Tasmanian Reef, open pit potential, new reef discovery potential and infrastructure. 2 A new mine access decline is the key to re-opening Beaconsfield and providing for long-term low-cost operations for many years. 3 Tasmania Reef drilled to 415m.