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July 2014

08/07 - Majors Creek goldmine remains under funding cloud

The owners of a goldmine under development near Majors Creek east of Canberra will halt their Tasmanian operations next year.

Unity Mining will mine out its remaining ore at its Henty goldmine over the next 18 months, leaving 150 workers out of a job when operations stop and the mine is put on care and maintenance status.

Investor relations manager Ben Hill said this did not change the status of Dargues mine near Majors Creek, where development stopped in November last year.

07/07 - Tasmanian gold mine will close next year

Unity Mining will close its Henty gold mine next year, and it moves from production in to care and maintenance, affecting 150 workers.

It comes after an operational review of the site earlier this year, which focused on the gold mine's mineral inventory and life of mine production schedule.

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