The Goanna and Granny Smith deposits were discovered in 1979 by CSR Ltd. In 1988, Placer Pacific acquired CSR’s 60% interest with the remaining 40% held by Delta Gold NL.
In 1989, mining at GSM commenced in the Granny Smith pit and continued in subsequent years with the development of the Goanna pit, the Windich pit and nearby satellite pits. First gold was poured in 1990.
In 1992, the Keringal and Sunrise deposits were discovered 18km and 34km south of Granny Smith respectively, with ore production from both commencing in 1994. The Wallaby deposit was discovered in 1998, 11km south-west of Granny Smith, with first ore delivered to the mill in November 2001.
Barrick acquired 100% of Placer Dome shares on 20 January 2006. The Wallaby open pit was mined from October 2001 until December 2006 and produced 13.6Mt at 3.44g/t Au for 1.5 million ounces of gold. Underground mining at Wallaby commenced in December 2005 and is ongoing.
Gold Fields acquired 100% of the Granny Smith Gold Mine on 1 October 2013 as part of the purchase of the Yilgarn South operations.
MAT Price at posting:
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