Location | |
---|---|
Location | Mount Magnet |
State | Western Australia |
Country | Australia |
Coordinates | 28°01′45″S 117°48′52″E / 28.02917°S 117.81444°E |
Production | |
Products | Gold |
Production | 127,943 troy ounces[1] |
Financial year | 2022–23 |
History | |
Opened | 1890s |
Owner | |
Company | Ramelius Resources |
Year of acquisition | 2010 |
The Hill 50 Gold Mine, now referred to as the Mount Magnet Gold Mine, is a gold mine located 4 km north-west of Mount Magnet, Western Australia.[2] The mine was, until July 2010, owned by Harmony Gold and had been placed in care and maintenance since 2007.[3] In July 2010, Harmony sold the mine to Ramelius Resources, owner of the Wattle Dam Gold Mine, for A$40 million.[4]
The mine was, for a short time in 2008, owned by Monarch Gold Mining Company Ltd, who went into administration in June 2008.[5] Hill 50 never entered production under Monarch's ownership. Throughout its history, since 1891, the mine has produced in excess of 5.6 million ounces of gold.[6]
Annual23
was invoked but never defined (see the help page).