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Challenger gold mine to begin production > Gold News > World Gold Council, gold market information and intelligence

 

Challenger gold mine to begin production

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Monday, 8th November 2004 (3744 views)

A gold mine situated in South Australia's far north west is due to begin operation, according to ABC News Online.<BR/><BR/>The new $12 million Challenger underground mine is near completion and should begin production early next year.<BR/><BR/>According to Perth-based Dominion Mining, there are currently 80 people working at the site, with a further ten set to be employed in early 2005.<BR/><BR/>General manager Peter Banford commented: "We found this deposit in the middle of nowhere in 1995 and it took some considerable time and might I add money.<BR/><BR/>"Dominion has spent with its partners just under $20 million in the last decade up to 2000 attempting to find minerals in South Australia."<BR/><BR/>The mine is though to have a lifespan of around two to four years.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7011214"/>

 

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