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April 2013

22/04 - Gold miner polluting creek, says author French

Author Jackie French

Author Jackie French

Unity Mining is either unaware or underplaying another discharge of pollution from its gold mine development into surrounding creeks at Majors Creek, east of Canberra, says a downstream landholder.

Author Jackie French said it was the third time the creek, which runs through her property, had been polluted.

13/03 - Development of Dargues Gold Mine - Progress in pictures (2nd Update)

We have recovered from the challenging conditions resulting from the significant rainfall that occurred throughout NSW at the end of February.
 
The ROM pad earthworks have now reached their final level and the box cut excavation is starting to take shape with approximately 65,000 cubic metres of earth moved.
 
Final preparations are being made for the formal engagement of the construction contractor, having finalised the planning for relocation of Bendigo plant and infrastructure to Dargues.
 

13/04 - Development of Dargues Gold Mine - Progress in pictures (3rd Update)

With the finalisation of the ROM pad earthworks, excavation  of the box cut is happening apace.
 
Offsite, preparations are being made for the transfer of the first parts of the Bendigo infrastructure to Dargues this month.
 
Total workforce on site is currently 38 and this week we finalised the appointment of the project’s General Manager who will commence in May.

18/04 - Dargues mine to survive gold rout

Dargues Road at the Cortona mine site at Majors Creek. Photo: Alex Rea

Turbulence in world gold prices is unlikely to have any major impact on the Dargues Gold Mine project in the historic village of Majors Creek, developers say.
 

Located near Braidwood, to the south-east of Canberra, the mine's development has already involved the moving of more than 88,000 cubic metres of earth.

17/04 - ASX Release - Quarterly Report March 2013

Key Points

DARGUES:

  • Earthworks commenced at Dargues Gold Mine
  • ~10% capital savings identified to date, further savings expected
  • Key personnel recruited
  • $24.5M cash in bank, plus $9.1M of gold bullion available for sale

See attached for more information

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