northparkes mine

Northparkes is a copper-gold underground mining operations and the first to use the block cave mining method in Australia. The mine produces a copper-gold concentrate which is railed to Port Kembla for export. In 2013, Rio Tinto's 80% share in the operation was acquired by China Molybdenum Co. Ltd. Wood Mackenzie's asset reports …

Northparkes Mine Location Details. Northparkes Mine is located 27km north-west of Parkes in New South Wales, at 280m above sea level on the plains to the west of the Great Dividing Range. The copper-gold project comprises the mining licences ML1247, ML1367, ML1641 and ML1743, which are enclosed by the exploration licences EL5323, EL5800, …

In alignment with CMOC-Northparkes (Northparkes) vision for 'a century of mining together', Northparkes have identified a resource (E44) containing favourable gold grade approximately 13km southwest of our existing operations. Northparkes proposes to mine E44 using open cut methods, with the ore to supplement our existing operations. The …

underground mine with automated loaders. The driver-less loaders run themselves – moving and dumping theore. automatedmining In1 97, Northparkes was the first mine in Australia to use the highly efficient block caving method. 1 2 3 We began production from our E26 Sub Level Cave in 2016. Sub Level Caving is a mining method during ...

Global Mining Review, Thursday, 07 December 2023 10:00. Advertisement. Evolution Mining has entered into a binding agreement to acquire an 80% interest in the Northparkes Copper-Gold Mine from CMOC Group Limited. Evolution will acquire Northparkes, located in New South Wales, for total cash consideration of up to US$475 …

The mine is also recognized for its highly automated underground operations, with the E48 block cave reaching full mining automation in 2015. Impressive Resource Reserves and Future Projections. The Northparkes mine is favorably located in the Lachlan Fold Belt, a region renowned for its abundant copper and gold reserves.

Northparkes is a copper and gold mine located 27 kilometres north-west of Parkes, in the Central West of New South Wales, Australia. In 2024 Northparkes will celebrate 30 …

Fully automated mining and haulage was achieved in 2015 from E48 and Northparkes celebrated its 25th year of production in 2019. Northparkes milled 5.4 Mt in 2021 at a grade of 0.54% copper and. 0.17 g/t gold to yield 107.8 kt of concentrate at a grade of 28.2% copper and 7.6 g/t gold.

interest in the Northparkes Copper -Gold Mine (" Northparkes " or " Northparkes JV ") from CMOC Group Limited ("CMOC ") (the "Transaction"). Evolution will acquire Northparkes, located in New South Wales, for total cash consideration of up to US$475 million, comprised of: i. upfront cash consideration of US$400 million; and ii.

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Northparkes copper-gold mine is located 27km north-west of Parkes, in the central west of New South Wales, Australia, and has been in operation since 1994. It was Australia's first mine to use the block cave mining method, with underground mining operations highly automated with E48 block cave achieving mining automation in …

CMOC Executive Chairman & CEO, Steele Li said complete automation positions Northparkes as an outright industry leader, not only in Australia but globally. "Northparkes is a benchmark for others in the industry. Since acquiring the operation, CMOC has given the automation project our full support and it is wonderful to see it come to fruition ...

Gold mining company Evolution Mining on Tuesday announced it would buy an 80% interest in the Northparkes copper/gold mine, in New South Wales, from CMOC Group. The deal, valued at $475-million ...

Located about 27 km from Parkes, in the central west of New South Wales, the mine has been in operation since 1994 and was the first mine to use the block cave …

The Northparkes mine employs an efficient block caving (see appendix) mining method and automated underground operation through the introduction of auto-loader technology and other such technologies, which have enabled the mine to be operated at a low cost. Given the reserves of the mine's main orebody E48,

A mix of regional drilling programs, near-mine exploration prospects and evaluation targets on the Northparkes mining leases were also undertaken. The re-assay of historic aircore and RAB drill returns for a broad pathfinder element suite were also conducted; 10,720 residual samples were submitted for re-assay using the ALS 48 …

Photo: Carla Gottgens/Bloomberg News. Evolution Mining said on Tuesday it will raise 525 million Australian dollars (US$348 million) in equity to buy an 80% stake in the Northparkes copper and ...

The Northparkes Mine has mined copper and gold and produced copper concentrate since 1994. The development of E26L1N, as the next developed orebody after the E48 orebody and other orebodies, will extend the life of the mine around 9 years. As with the E48 ore body, the block caving method will be used for mining. ...

Evolution Mining - Northparkes | 12,216 followers on LinkedIn. A place to Make Your Mark in your career and personal life! | Our automated mine thrives on the success of our people, our community, our innovation and our environment. This is where safety is paramount, productivity accelerated, lifestyle celebrated, diversity welcomed and careers are fast …

Evolution Mining defeated Metals Acquisition Corp to buy an 80 per cent stake in Northparkes copper mine for up to $US475 million ($718 million), after a sale process ...

Northparkes acting managing director Hubert Lehman said: "Northparkes is the world's most automated underground block-cave mine, and we are proud of our history and achievements." According to the company, Northparkes was the first mine in Australia to use the block-cave mining method, and in 2015, its E48 Lift 1 block cave mine …

Northparkes is a large underground mine, and Evolution brings its own experience there with the Ernest Henry gold mine plus the Cowal gold mine started its own underground operation in 2022. Northparkes uses block caving and sub-level caving. The mill is permitted to 8.5 Mt/y with a current mill capacity of 7.6 Mt/y.

Northparkes (80 percent Ownership) Northparkes – an established long-life copper and gold asset with significant upside potential Northparkes Operations is a copper-gold mine located 27 kilometres north-west of Parkes in Central West New South Wales, Australia, situated on the traditional lands of the Wiradjuri People. In December 2023, Evolution …

Fully automated mining and haulage was achieved in 2015 from E48 and Northparkes celebrated its 25thyear of production in 2019. Northparkes milled 6.4 Mt in 2019 at a grade of 0.65% copper and 0.17 gt gold to yield 121 kt of concentrate at a grade of 30.6% copper and 6.72 g/t gold. Northparkes is currently increasing the throughput of the ...

Northparkes – an established long-life copper and gold asset with significant upside potential. Northparkes Operations is a copper-gold mine located 27 kilometres north …

Mar 20, 2023 – 5.00am. Another Australian copper and gold mine could soon change hands, with the Chinese owners of the Northparkes mine in NSW mulling an exit. China Molybdenum Company (CMOC ...

The risk of mine production cuts comes after CMOC announced a $200 million investment in April to extend Northparkes' working life beyond 2030, and Mr Lehman said his team would strive to avoid ...

Our team is also proud to have achieved many industry firsts, including becoming the world's most automated underground mine. The Northparkes team includes people who work part and full-time, on shift and Monday to Friday. As a business operating 365 days a year, 24-hours a day, we recognise the need for flexibility and diversity in building ...

Digging into the asset, Northparkes is a large fully automated copper-gold mine previously operated by China Molybdenum that produced ~6.0 million tonnes of ore from underground last year, with ...

Northparkes Mines is a joint venture between Rio Tinto and Sumitomo Group, producing high-grade copper-gold concentrate from a porphyry deposit near Goonumbla, NSW. The mine has two open-cut …

Brad Thompson Reporter. Dec 5, 2023 – 11.25am. Evolution Mining will pay a Chinese company almost $720 million for the lion's share of the Northparkes copper and gold mine in Central Western ...

CMOC's KFM copper-cobalt mine schedule... 07/01/2022 MORE > The Company Announces its New English Name CMOC Group Limited. 06/16/2022 MORE > Delegation of IXM and international banks visit TFM. 05/25/2022 MORE > CMOC Releases Results for Q1 2022 Record Net Profit. 04/28/2022 MORE >

Northparkes is also claimed to have become the most automated underground mine in the world in 2015, with automated loaders responsible for of ore production. The mine's owners have permission to mine at the site until 2032. As of 31 December 2017, Northparkes had reserves of 125 million tonnes of ore alongside …

outputs for each of Evolution and the Northparkes Mine, the outcome and effects of the proposed Transaction and the future operation of Evolution and the Northparkes Mine. To the extent that these materials contain forward looking information, the forward looking information is subject to a number of risk factors.