Telfer mine

Telfer Mine
Location
Telfer Mine is located in Western Australia
Telfer Mine
Telfer Mine
Location in Western Australia
LocationTelfer
StateWestern Australia
CountryAustralia
Coordinates21°42′30″S 122°13′40″E / 21.70833°S 122.22778°E / -21.70833; 122.22778
Production
ProductsGold, copper, silver
Production
  • Gold: 349,000 troy ounces
  • Copper: 17,000 tonnes
  • Silver: 208,000 ounces
Financial year2022–23[1]
TypeUnderground, open pit
History
Opened1977
Active1977–2000, 2003–present
Owner
CompanyNewmont
Websiteoperations.newmont.com/australia/telfer
Year of acquisition2023 (2023)
Map

The Telfer Mine is a gold, copper and silver mine located at Telfer on the land of the Martu people,[2]: 7  in the Great Sandy Desert of Western Australia. It is owned by Newmont, having acquired the previous owner, Newcrest Mining, formerly the largest gold producer listed on the Australian Securities Exchange, in November 2023.[3][1]

The mine was discovered by Newmont in 1972. However, Jean-Paul Turcaud, a French prospector, disputes this claim to this day.[4][5]

Telfer is one of two gold mines Newcrest currently operates in Australia, the other being Cadia in New South Wales.[6]

In the 2019–2020 financial year, the Telfer mine produced 12.2 tonnes (393,164 troy ounces) of gold, 16,000 tonnes (35 million pounds) of copper and 5.1 tonnes (164,000 troy ounces) of silver.[7]

At 31 December 2020, measured and indicated mineral resources were 110 tonnes (3.4 million troy ounces) of gold and 0.36 million tonnes (0.79 billion pounds) of copper, and proved and probable ore reserves were 34 tonnes (1.1 million troy ounces) of gold and 0.17 million tonnes (370 million pounds) of copper.[8]

  1. ^ a b Cite error: The named reference Annual23 was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference nm-09 was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference nm-20 was invoked but never defined (see the help page).
  4. ^ The Golden Riddle: Finder's Keepers? ABC Radio National, produced by Bronwyn Adcock, broadcast: 6 June 1999, accessed: 27 January 2010. Archived from the original on 27 November 2011
  5. ^ Newcrest's Great Sandy speculation The Intelligent Investor, published: 13 April 2005, accessed: 27 January 2010
  6. ^ History – About us, accessed: 4 April 2016
  7. ^ "Full Year Results FY20" (PDF). Melbourne, Victoria: Newcrest Mining. 14 August 2020. p. 7. Retrieved 24 June 2021.
  8. ^ "Annual Mineral Resources and Ore Reserves Statement - as at 31 December 2020" (PDF). Melbourne, Victoria: Newcrest Mining. 11 February 2021. Retrieved 24 June 2021.